Cheap Homes for Rent in Cerro, NM from $700 (14 Rentals)

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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.

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.

Cerro, NM Local Guide

Cheapest Available Cerro Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cerro, NM is a 1 Bed unit found at 4490 Bent Brothers Blvd priced from $900. Canyon Walk Income Restricted has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,020. Here is today’s list of the most affordable Cerro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
4490 Bent Brothers Blvd1 Bed, 1 bath1BR,1BA$900
Canyon Walk Income RestrictedOne Bedroom x One Bath1BR,1BA$1,020
Sierra Blanca Senior LivingStudioStudio,1BA$1,100
Evergreen Apartments1x1-B1BR,1BA$1,149
Vista Alegre ApartmentsStudio, 1 BathStudio,1BA$1,202

Best Value Apartments for Rent in Cerro, NM and Nearby

As of September 07, 2025 the best value apartment in the Cerro area is the $1.76 price per square foot 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta in the in the Tiempo Lindo neighborhood starting from $2,325. The second greatest value Cerro apartment is the 2 Bedrooms Model at Shoofly Station Apartments starting at $2,250 with a $2.18 price per square foot in the Pueblos Del Sol neighborhood. Here is today’s list of the best values for Cerro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Bluffs at Tierra Contenta4 Bedroom 2 Bathroom4BR,2BA$1.76
Shoofly Station Apartments2 Bedrooms2BR,2BA$2.18
The MicaThe Sagebrush2BR,2BA$1.75
Local 18962x1AR1T2 - 2X1 Renovated2BR,1BA$1.56
Canyon Walk Income RestrictedOne Bedroom x One Bath1BR,1BA$1.14
Vista Linda2 Bedroom | 1 Bath2BR,1BA$1.94
Talavera Apartment HomesPinon2BR,1BA$2.05
Turquesa1A1BR,1BA$2.26
Evergreen Apartments1x1-B1BR,1BA$1.70
4490 Bent Brothers Blvd1 Bed, 1 bath1BR,1BA$1.50

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cerro

What type of rentals are currently available in Cerro?

There are currently 37 Apartments for Rent in Cerro, NM with pricing that ranges from $899 to $4,283. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cerro ranging from $750 to $3,900.

What is the current price range for Rental Homes in Cerro?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cerro ranges from $750 to $3,900 with an average monthly rent of $1,730.

How much are larger Three and Four Bedroom Rentals in Cerro?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Cerro range from $1,300 to $4,283, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $3,900. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $2,325.

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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.