
Cheap Apartments for Rent in Chaparral, NM from $600 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Chaparral.


Total Monthly Price
Trinity Place Apartments

Parkland Pointe

North Mountain Village

Western Crosby Apartments

La Puerta Del Sol

The Caterina

Villa Ciento Apartments

Raintree Village
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Canyon Hills

Fairbanks Apartments

Agave Courtyard

Amigos Del Sol Apartments

Pine Village Apartments

La Mirada Apartments

Patriot Palms

Maximus Apartments

Hilton Place Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Paso Norte Apartments

Butterfield Trail Apartments

Van Horne Estates Apartments

Sun Pointe Apartments

TransMountain Apartments

Mountain Vista Apartment Homes

Cliffside at Mountain Park

Patriot

Forty 649
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Sunset at Sandstone Ranch

North View Apartments

Bella Estancias

The Reserve at Sandstone Ranch

McCombs Village

Desert Sky Townhomes

Ridgeline West

The Village at Cottonwood Springs

Vinton Palms
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Sagewood Apartments

Paseo at McCombs

11128 Ilan Ramon Pl

10936 Whitehall Dr

5657 Rick Husband Dr

11150 Loma Grande Dr

5700 Rick Husband Dr

12036 Copper Head Ln

10932 Duster Dr
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.
Chaparral, NM Local Guide

How much does it cost to rent an apartment in Chaparral?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chaparral Studio Apartments | $760 | $678 | $798 |
| Chaparral 1 Bedroom Apartments | $1,044 | $665 | $1,898 |
| Chaparral 2 Bedroom Apartments | $1,172 | $745 | $1,790 |
| Chaparral 3 Bedroom Apartments | $1,579 | $962 | $2,399 |
| Chaparral 4 Bedroom Apartments | $1,998 | $1,200 | $2,599 |
Browse Top Apartments in Chaparral
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Chaparral, NM Local Guide
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Cheapest Available Chaparral Apartments for Rent and Nearby
 The cheapest available apartment rental in Chaparral, NM is a 1 Bed unit found at Trinity Place Apartments in the Tobin Park neighborhood priced from $700. La Puerta Del Sol in the Tobin Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $724. Here is today’s list of the most affordable Chaparral apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Trinity Place Apartments | 1x1 Large | 1BR,1BA | $700 |
| La Puerta Del Sol | 1 Bedroom 1 Bath | 1BR,1BA | $724 |
| The Caterina | Studio | Studio,1BA | $735 |
| Villa Ciento Apartments | One bedroom | 1BR,1BA | $749 |
| Fairbanks Apartments | 1 Bedroom | 1BR,1BA | $780 |
| Parkland Pointe | 1x1 | 1BR,1BA | $788 |
| Agave Courtyard | A1 | 1BR,1BA | $800 |
| Sagewood Apartments | A1 | 1BR,1BA | $825 |
| Pine Village Apartments | 1BD/1BA | 1BR,1BA | $830 |
| Patriot Palms | 1 Bedroom | 1BR,1BA | $835 |
Best Value Apartments for Rent in Chaparral, NM and Nearby
As of August 15, 2026 the best value apartment in the Chaparral area is the $1.21 price per square foot C3 - 3 Bedroom Model at The Village at Cottonwood Springs in the in the North Park neighborhood starting from $1,719. The second greatest value Chaparral apartment is the 2 Bedroom 2 Bath Model at McCombs Village starting at $1,425 with a $1.17 price per square foot in the North Park neighborhood. Here is today’s list of the best values for Chaparral apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Village at Cottonwood Springs | C3 - 3 Bedroom | 3BR,2BA | $1.21 |
| McCombs Village | 2 Bedroom 2 Bath | 2BR,2BA | $1.17 |
| The Caterina | The Franklin | 2BR,1.5BA | $1.00 |
| Fairbanks Apartments | 1 Bedroom | 1BR,1.5BA | $0.79 |
| Van Horne Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $0.98 |
| La Mirada Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.21 |
| Sagewood Apartments | A1 | 1BR,1BA | $1.10 |
| Patriot Palms | 1 Bedroom | 1BR,1BA | $1.18 |
| North Mountain Village | 1 Bedroom | 1BR,1BA | $1.07 |
| Villa Ciento Apartments | One bedroom | 1BR,1BA | $1.23 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 Chaparral, NM Rentals by Map
See the most popular apartments and homes in Chaparral, NM
Frequently Asked Questions about Cheap Chaparral Apartments
How much is rent for a Cheap One Bedroom Chaparral Apartment?
The lowest price for a Cheap One Bedroom Chaparral Apartment is $696 at North Mountain Village.
What is the lowest price for a Cheap Two Bedroom Chaparral Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Chaparral is starting from $745 at Trinity Place Apartments.
What is the most affordable Chaparral Three Bedroom Apartment?
The best deal on a cheap Chaparral Three Bedroom Apartment rental is at Pine Village Apartments and starts from $1,015.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.