Cheap Homes for Rent in Cerro, NM from $700 (13 Rentals)

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Search the lowest-cost Homes available for rent right now in Cerro.

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.

property at 512 Bell Ct

512 Bell Ct

AlamosaCO81101
property at 522 Bell Ct

522 Bell Ct

AlamosaCO81101

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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. Santa Fe Suites in the Arroyo Chamiso neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $950. 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
Santa Fe SuitesStudioStudio,1BA$950
Sierra Blanca ApartmentsStudioStudio,1BA$1,100
Canyon Walk Income RestrictedOne Bedroom1BR,1BA$1,135
Vista Alegre ApartmentsStudio, 1 BathStudio,1BA$1,154

Best Value Apartments for Rent in Cerro, NM and Nearby

As of May 22, 2025 the best value apartment in the Cerro area is the $1.96 price per square foot The Sagebrush Model at The Mica in the in the Arroyo Chamiso neighborhood starting from $2,010. The second greatest value Cerro apartment is the 2x2 Model at Casa Loma Apartments starting at $1,925 with a $1.88 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The MicaThe Sagebrush2BR,2BA$1.96
Casa Loma Apartments2x22BR,2BA$1.88
Bluffs at Tierra Contenta2 Bedroom 2 Bath Townhome2BR,2BA$1.76
Canyon Walk Income RestrictedOne Bedroom1BR,1BA$1.27
Local 18961x1ArT1 - 1X1 Renovated1BR,1BA$2.11
San Miguel Court2x12BR,1BA$2.27
Talavera Apartment HomesPinon2BR,1BA$2.11
South MeadowsRio Chama1BR,1BA$2.24
VizcayaChama1BR,1BA$2.20
4490 Bent Brothers Blvd1 Bed, 1 bath1BR,1BA$1.50

Quick 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.

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Frequently Asked Questions about Cerro

What type of rentals are currently available in Cerro?

There are currently 35 Apartments for Rent in Cerro, NM with pricing that ranges from $900 to $4,189. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cerro ranging from $735 to $4,000.

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 $735 to $4,000 with an average monthly rent of $1,574.

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 $1,574 to $3,135, 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 $2,200 and Four Bedroom Apartments start at $2,420.

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.