Cheap Apartments for Rent near Chimayo, NM from $700 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in Chimayo.

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.

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Local 1896
$1,308 - $2,219
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$1,308 - $2,219
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1 to 3 Bedroom Apartments Available Now

Local 1896

1896 Lorca DrSanta Fe, NM 87505
Furnished
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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.

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Cresta Ranch
$1,443 - $2,227
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$1,443 - $2,227
Total Monthly Price
$1,443 - $2,227
2 to 3 Bedroom Apartments Available Now

Cresta Ranch

48 Raptor RdSanta Fe, NM 87508
Eco-Friendly
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  • Low Income
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The Mica
$1,484 - $2,229
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$1,484 - $2,229
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1 to 3 Bedroom Apartments Available Now

The Mica

825 Calle MejiaSanta Fe, NM 87501
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Turquesa
Rent Specials
$1,594 - $2,718
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$1,594 - $2,718
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1 to 3 Bedroom Apartments Available Now

Turquesa

4700 Wagon RdSanta Fe, NM 87507
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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.

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Solwyn
Rent Specials
$1,644 - $2,709
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$1,644 - $2,709
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1 to 3 Bedroom Apartments Available Now

Solwyn

5520 Wellness WaySanta Fe, NM 87507
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South Meadows
Rent Specials
$1,646 - $2,642
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$1,646 - $2,642
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1 to 3 Bedroom Apartments Available Now

South Meadows

2800 S Meadows RdSanta Fe, NM 87507
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Madera Apartments
$1,835 - $2,619
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$1,835 - $2,619
Total Monthly Price
$1,835 - $2,619
1 to 3 Bedroom Apartments Available Now

Madera Apartments

2525 S Meadows RdSanta Fe, NM 87507
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Arcadia
Rent Specials
$1,854 - $2,962
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$1,854 - $2,962
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1 to 3 Bedroom Apartments Available Now

Arcadia

5300 Las Soleras DrSanta Fe, NM 87507
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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.

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Casa Loma Apartments
Studio to 3 Bedroom Apartments

Casa Loma Apartments

100 Rio Vista PlSanta Fe, NM 87501
Corporate Housing
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Vista Linda
1 to 4 Bedroom Apartments

Vista Linda

6332 Entrada de MilagroSanta Fe, NM 87507
Senior Living
property at 142 Duran St

$1,650 - $2,400

1 Bedroom Rentals

Available Now

142 Duran St

Santa FeNM87501

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.

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property at 941 Calle Mejia

$1,400 - $1,750

2 Bedroom Rentals

Available Now

941 Calle Mejia

Santa FeNM87501
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Chimayo, NM Local Guide

Cheapest Available Chimayo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Chimayo, NM is a 2 Beds unit found at El Cerrito priced from $749. Myrtle Apartments - All Utilities Included has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Chimayo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
El Cerrito2 BR2BR,1BA$749
Myrtle Apartments - All Utilities IncludedStudioStudio,1BA$900
Casitas Del BellaEfficiency w/ stove topStudio,1BA$925
Elevate at OsloStudio - 325Studio,1BA$1,095
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$1,096
Vista Alegre ApartmentsStudio, 1 BathStudio,1BA$1,099
Sierra Blanca Senior LivingStudioStudio,1BA$1,100
Santa Fe SuitesStudioStudio,1BA$1,195
Talavera Apartment HomesSequoia1BR,1BA$1,349
Evergreen Apartments1x1-B1BR,1BA$1,369

Best Value Apartments for Rent in Chimayo, NM and Nearby

As of July 28, 2026 the best value apartment in the Chimayo area is the $1.52 price per square foot 3 x 3.5 (1-car Gar) Model at Terra at Enchanted Hills in the in the Encantado del Norte Heritage Series neighborhood starting from $2,495. The second greatest value Chimayo apartment is the San Juan Model at South Meadows starting at $2,642 with a $1.98 price per square foot in the Pueblos Del Sol neighborhood. Here is today’s list of the best values for Chimayo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Terra at Enchanted Hills3 x 3.5 (1-car Gar)3BR,3.5BA$1.52
South MeadowsSan Juan3BR,2BA$1.98
The Bluffs at Tierra Contenta3 Bedroom 2 Bathroom3BR,2BA$1.80
Via Vista Apartment CommunityQuartz3BR,2BA$1.62
El Cerrito2 BR2BR,1BA$0.77
Cresta RanchTwo Bedroom - 60% AMI2BR,2BA$1.52
Mesa Del Norte2x12BR,1BA$1.74
Coronado Townhomes2x22BR,2BA$1.96
Artista2x12BR,1BA$1.87
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$1.89

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

Explore Chimayo, NM Rentals by Map

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See the most popular apartments and homes in Chimayo, NM

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Frequently Asked Questions about Cheap Chimayo Apartments

What is the Cheapest Studio apartment in Chimayo?

Currently the most affordable Cheap Studio Apartment in Chimayo is at Myrtle Apartments - All Utilities Included listed at $900.

How much is rent for a Cheap One Bedroom Chimayo Apartment?

The lowest price for a Cheap One Bedroom Chimayo Apartment is $1,096 at Casa de Encantada Senior Apartments.

What is the lowest price for a Cheap Two Bedroom Chimayo Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Chimayo is starting from $749 at El Cerrito.

What is the most affordable Chimayo Three Bedroom Apartment?

The best deal on a cheap Chimayo Three Bedroom Apartment rental is at Cresta Ranch and starts from $1,658.

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.

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

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.