
Cheap Apartments for Rent in Cerro, NM from $800 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Cerro.


4490 Bent Brothers Blvd

Myrtle Apartments - All Utilities Included

Canyon Walk Income Restricted

Sierra Blanca Senior Living

Evergreen Apartments
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Artista

Vista Alegre Apartments

Vizcaya

Casa Loma Apartments

Elevate at Oslo

Talavera Apartment Homes
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

116 S Burlington St

404 1/2 Bell Ave

1400 San Juan St

1213 San Luis St

230 W 1st St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

6894 CO-12

1419 Buena Vista St

8008 County Rd

808 San Pedro Ave

2644 Barela St

812 San Pedro Ave
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

6862 Femmer St
Cerro, NM Local Guide

How much does it cost to rent an apartment in Cerro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cerro Studio Apartments | $1,321 | $899 | $2,009 |
| Cerro 1 Bedroom Apartments | $1,785 | $900 | $2,832 |
| Cerro 2 Bedroom Apartments | $2,445 | $975 | $4,250 |
| Cerro 3 Bedroom Apartments | $3,070 | $1,404 | $4,283 |
| Cerro 4 Bedroom Apartments | $2,218 | $2,085 | $2,285 |
Browse Top Apartments in Cerro
See all Apartments in CerroExplore Cerro
Cerro, NM Local Guide
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Cheapest Available Cerro Apartments for Rent and Nearby
 The cheapest available apartment rental in Cerro, NM is a Studio unit found at Santa Fe Suites in the Pueblos Del Sol neighborhood priced from $899. 4490 Bent Brothers Blvd has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Cerro apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Santa Fe Suites | Studio | Studio,1BA | $899 |
| 4490 Bent Brothers Blvd | 1 Bed, 1 bath | 1BR,1BA | $900 |
| Myrtle Apartments - All Utilities Included | Studio | Studio,1BA | $900 |
| Canyon Walk Income Restricted | One Bedroom x One Bath | 1BR,1BA | $1,020 |
| Sierra Blanca Senior Living | Studio | Studio,1BA | $1,100 |
Best Value Apartments for Rent in Cerro, NM and Nearby
As of November 16, 2025 the best value apartment in the Cerro area is the $1.58 price per square foot 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta in the in the Tiempo Lindo neighborhood starting from $2,085. The second greatest value Cerro apartment is the The Sagebrush Model at The Mica starting at $1,776 with a $1.73 price per square foot in the Don Digeo neighborhood. Here is today’s list of the best values for Cerro apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Bluffs at Tierra Contenta | 4 Bedroom 2 Bathroom | 4BR,2BA | $1.58 |
| The Mica | The Sagebrush | 2BR,2BA | $1.73 |
| Canyon Walk Income Restricted | One Bedroom x One Bath | 1BR,1BA | $1.14 |
| South Meadows | Gila | 1BR,1BA | $2.10 |
| Cielo Luxury Living Apartments | One Bedroom | 1BR,1BA | $2.04 |
| Artista | 2x1 | 2BR,1BA | $2.10 |
| Local 1896 | 1x1ArT1 - 1X1 Renovated | 1BR,1BA | $2.02 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $1.70 |
| Vizcaya | Chama | 1BR,1BA | $1.97 |
| 4490 Bent Brothers Blvd | 1 Bed, 1 bath | 1BR,1BA | $1.50 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Cerro, NM Rentals by Map
See the most popular apartments and homes in Cerro, NM
Getting Around Cerro, NM
Walk Score®
13 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
25 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Cerro Apartments
What is the Cheapest Studio apartment in Cerro?
Currently the most affordable Cheap Studio Apartment in Cerro is at Santa Fe Suites listed at $899.
How much is rent for a Cheap One Bedroom Cerro Apartment?
The lowest price for a Cheap One Bedroom Cerro Apartment is $900 at 4490 Bent Brothers Blvd.
What is the lowest price for a Cheap Two Bedroom Cerro Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Cerro is starting from $975 at 4490 Bent Brothers Blvd.
What is the most affordable Cerro Three Bedroom Apartment?
The best deal on a cheap Cerro Three Bedroom Apartment rental is at Canyon Walk Income Restricted and starts from $1,404.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
