
Cheap Apartments for Rent in Chaves County, NM from $400 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Chaves County.


Mesa Verde - FREE Utilities

Villas of Briar Ridge

Pueblo Chamisa

Christa Lee Manor Apartments

Saddlecreek Apartments
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.

708 W 13th St

Pecos Apartments

Casa De Salas

Sierra Vista Village

Cielo de Oro Senior

Spicewood Canyon Villas
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.
Chaves County, NM Local Guide

How much does it cost to rent an apartment in Chaves County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chaves County 1 Bedroom Apartments | $816 | $700 | $1,351 |
| Chaves County 2 Bedroom Apartments | $1,188 | $790 | $2,174 |
| Chaves County 3 Bedroom Apartments | $1,570 | $968 | $2,942 |
Browse Apartments in Chaves County
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Cheapest Available Chaves County Apartments for Rent
 The cheapest available apartment rental in Chaves County, NM is a 2 Beds unit found at Wilshire Gardens 55+ priced from $676. Mirador Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Chaves County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wilshire Gardens 55+ | 2 BR | 2BR,1BA | $676 |
| Mirador Apartments | 1 BEDROOM | 1BR,1BA | $700 |
| Sierra Vista Village | 2B/1B SS | 2BR,1BA | $700 |
| Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $820 |
| Saddlecreek Apartments | Magnolia | 2BR,1BA | $860 |
Best Value Apartments for Rent in Chaves County, NM
As of July 17, 2026 the best value apartment in the Chaves County area is the $1.25 price per square foot 3 Bed, 1.5 Bath B Model at Villas of Briar Ridge in the starting from $1,498. The second greatest value Chaves County apartment is the C3-60% Model at Spicewood Canyon Villas starting at $969 with a $0.88 price per square foot . Here is today’s list of the best values for Chaves County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villas of Briar Ridge | 3 Bed, 1.5 Bath B | 3BR,1.5BA | $1.25 |
| Spicewood Canyon Villas | C3-60% | 3BR,2BA | $0.88 |
| Wilshire Gardens 55+ | 2 BR | 2BR,1BA | $0.77 |
| Mirador Apartments | 1 BEDROOM | 1BR,1BA | $1.09 |
| Spring River Luxury Apartment Homes | A1 | 1BR,1BA | $2.01 |
| Saddlecreek Apartments | Magnolia | 2BR,1BA | $1.40 |
| Sierra Vista Village | 2B/1B | 1BR,1BA | $1.17 |
| Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $1.41 |
Frequently Asked Questions about Cheap Chaves County Apartments
What is the price of a cheap apartment in Chaves County?
The cheapest apartment in Chaves County is Sierra Vista Village which is listed at $700, while the average apartment in Chaves County costs $1,466.
What types of apartments are the cheapest in Chaves County?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Chaves County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.