Cheap Homes for Rent in Chaparral, NM from $1,200 (9 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

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property at 301 Alamosa

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1 Bath Home for Rent

Available Now

301 Alamosa

ChaparralNM88081

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.

Chaparral, NM Local Guide

Cheapest Available Chaparral Apartments for Rent and Nearby

 

The cheapest available apartment rental in Chaparral, NM is a 1 Bed unit found at La Puerta Del Sol in the Tobin Park neighborhood priced from $724. The Caterina in the North Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $738. Here is today’s list of the most affordable Chaparral apartments for rent:

Apartment ListingModel NameBed/BathPriced From
La Puerta Del Sol1 Bedroom 1 Bath1BR,1BA$724
The CaterinaStudioStudio,1BA$738
Trinity Place Apartments2x1 - Small2BR,1BA$745

Best Value Apartments for Rent in Chaparral, NM and Nearby

As of July 23, 2026 the best value apartment in the Chaparral area is the $1.20 price per square foot C2 - 3 Bedroom Model at The Village at Cottonwood Springs in the in the North Park neighborhood starting from $1,709. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Village at Cottonwood SpringsC2 - 3 Bedroom3BR,2BA$1.20
McCombs Village2 Bedroom 2 Bath2BR,2BA$1.17
Fairbanks Apartments1 Bedroom1BR,1.5BA$0.79
Cliffside at Mountain ParkA41BR,1.5BA$0.98
Pine Village Apartments2BD/2BA2BR,2BA$1.13
Van Horne Estates ApartmentsOne Bedroom One Bathroom1BR,1BA$1.08
Sagewood ApartmentsA11BR,1BA$1.10
Patriot Palms1 Bedroom1BR,1BA$1.18
Trinity Place Apartments2x1 - Medium2BR,1BA$1.11
Canyon Hills1 Bedroom1BR,1BA$1.19

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.

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Real 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.

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Frequently Asked Questions about Chaparral

What type of rentals are currently available in Chaparral?

There are currently 39 Apartments for Rent in Chaparral, NM with pricing that ranges from $665 to $2,599. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chaparral ranging from $1,250 to $3,200.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Chaparral ranges from $1,250 to $3,200 with an average monthly rent of $1,837.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Chaparral range from $962 to $2,399, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,200.

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

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.