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

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

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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Local 1896
$1,478 - $1,946
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$1,478 - $1,946
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1 to 3 Bedroom Apartments Available Now

Local 1896

1896 Lorca DrSanta Fe, NM 87505
Furnished
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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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South Meadows
Rent Specials
$1,550 - $2,616
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$1,550 - $2,616
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1 to 3 Bedroom Apartments Available Now

South Meadows

2800 S Meadows RdSanta Fe, NM 87507
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Turquesa
Rent Specials
$1,594 - $2,678
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$1,594 - $2,678
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1 to 3 Bedroom Apartments Available Now

Turquesa

4700 Wagon RdSanta Fe, NM 87507
Affordability
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Solwyn
Rent Specials
$1,644 - $2,679
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$1,644 - $2,679
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Solwyn

5520 Wellness WaySanta Fe, NM 87507
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Madera Apartments
$1,759 - $2,757
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$1,759 - $2,757
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$1,759 - $2,757
1 to 3 Bedroom Apartments Available Now

Madera Apartments

2525 S Meadows RdSanta Fe, NM 87507
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Arcadia
Rent Specials
$1,879 - $2,962
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$1,879 - $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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Casa Loma Apartments
Studio to 3 Bedroom Apartments

Casa Loma Apartments

100 Rio Vista PlSanta Fe, NM 87501
Corporate Housing

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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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property at 941 Calle Mejia

$1,600 - $2,000

1 To 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 Cresta Ranch Apartments in the Tiempo Lindo neighborhood priced from $738. El Cerrito has the second lowest priced unit, which is a 2 Beds apartment currently listed from $749. Here is today’s list of the most affordable Chimayo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cresta Ranch ApartmentsTwo Bedroom - 30% AMI2BR,2BA$738
El Cerrito2 BR2BR,1BA$749
Santa Fe SuitesStudioStudio,1BA$899
Myrtle Apartments - All Utilities IncludedStudioStudio,1BA$900
Casitas Del BellaEfficiency w/ stove topStudio,1BA$925
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$1,096
Sierra Blanca Senior LivingStudioStudio,1BA$1,100
Vista Alegre ApartmentsStudio, 1 BathStudio,1BA$1,176
Artista1x11BR,1BA$1,325
Elevate at OsloStudio - 325Studio,1BA$1,325

Best Value Apartments for Rent in Chimayo, NM and Nearby

As of June 13, 2026 the best value apartment in the Chimayo area is the $1.82 price per square foot 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta in the in the Tiempo Lindo neighborhood starting from $2,399. The second greatest value Chimayo apartment is the Jade Reno Model at Via Vista Apartment Community starting at $1,910 with a $1.68 price per square foot in the Sunrise Village at Northern Meadows 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.
The Bluffs at Tierra Contenta4 Bedroom 2 Bathroom4BR,2BA$1.82
Via Vista Apartment CommunityJade Reno3BR,2BA$1.68
El Cerrito2 BR2BR,1BA$0.77
Local 18962x1AR1T2 - 2X1 Renovated2BR,1BA$1.56
Cresta Ranch ApartmentsTwo Bedroom - 80% AMI2BR,2BA$2.08
Coronado Townhomes2x22BR,2BA$1.96
Blue Agave VillasThe Poblanos2BR,1BA$2.08
Evergreen Apartments1x1-B1BR,1BA$2.03
The OrchardsOne Bedroom1BR,1BA$2.15
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 Santa Fe Suites listed at $899.

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 $738 at Cresta Ranch Apartments.

What is the most affordable Chimayo Three Bedroom Apartment?

The best deal on a cheap Chimayo Three Bedroom Apartment rental is at Cresta Ranch Apartments and starts from $853.

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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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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.