
Cheap Homes for Rent in Chimayo, NM from $1,300 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Chimayo.


1841 Blackberry Rd NE

49 A Spanish Peaks Rd

1825 Peach Rd NE

809 Waterfall Dr
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.

739 Montez Pl

1012 Marquez Pl

218 McKenzie Street C

28 Piedra Vista

601 W San Mateo Rd
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.

941 Calle Mejia

617 Don Felix St

127 Oakley Ln

472 Copper Dr NE

115 W Santa Fe Ave
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.

10 Monte Luz
Chimayo, NM Local Guide

How much does it cost to rent a home in Chimayo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chimayo 2 Bedroom Homes for Rent | $2,240 | $1,395 | $3,895 |
| Chimayo 3 Bedroom Homes for Rent | $3,537 | $2,200 | $8,500 |
| Chimayo 4 Bedroom Homes for Rent | $3,510 | $2,000 | $7,000 |
| Chimayo 5 Bedroom Homes for Rent | $12,500 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Chimayo
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Chimayo, NM Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cresta Ranch Apartments | Two Bedroom - 30% AMI | 2BR,2BA | $738 |
| El Cerrito | 2 BR | 2BR,1BA | $749 |
| Santa Fe Suites | Studio | Studio,1BA | $899 |
| Myrtle Apartments - All Utilities Included | Studio | Studio,1BA | $900 |
| Casitas Del Bella | Efficiency w/ stove top | Studio,1BA | $925 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Bluffs at Tierra Contenta | 4 Bedroom 2 Bathroom | 4BR,2BA | $1.82 |
| Via Vista Apartment Community | Jade Reno | 3BR,2BA | $1.68 |
| El Cerrito | 2 BR | 2BR,1BA | $0.77 |
| Local 1896 | 2x1AR1T2 - 2X1 Renovated | 2BR,1BA | $1.56 |
| Cresta Ranch Apartments | Two Bedroom - 80% AMI | 2BR,2BA | $2.08 |
| Coronado Townhomes | 2x2 | 2BR,2BA | $1.96 |
| Blue Agave Villas | The Poblanos | 2BR,1BA | $2.08 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $2.03 |
| The Orchards | One Bedroom | 1BR,1BA | $2.15 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,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.
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!
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Frequently Asked Questions about Chimayo
What type of rentals are currently available in Chimayo?
There are currently 44 Apartments for Rent in Chimayo, NM with pricing that ranges from $738 to $4,624. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Chimayo ranging from $1,395 to $12,500.
What is the current price range for Rental Homes in Chimayo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Chimayo ranges from $1,395 to $12,500 with an average monthly rent of $4,306.
How much are larger Three and Four Bedroom Rentals in Chimayo?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Chimayo range from $853 to $4,624, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $8,500. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,399.
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

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.

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.

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.