Cheap Homes for Rent near Clayton, NM from $500 (14 Rentals)

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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.

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.

Clayton, NM Local Guide

Cheapest Available Clayton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Clayton, NM is a 1 Bed unit found at The Larsson in the Plemons Historic District neighborhood priced from $455. Stoneleaf at Dalhart has the second lowest priced unit, which is a 2 Beds apartment currently listed from $526. Here is today’s list of the most affordable Clayton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Larsson1/1.001BR,1BA$455
Stoneleaf at Dalhart2 besroom 30%2BR,2BA$526
Brierwood ApartmentsD1BR,1BA$725
Parks at Granite Apartments1 bedroom 1 bathroom1BR,1BA$725
Hunter's Crossing Apartments1BD 1BA1BR,1BA$755

Best Value Apartments for Rent in Clayton, NM and Nearby

As of July 14, 2026 the best value apartment in the Clayton area is the $0.90 price per square foot 2x2 Model at Legacy Ridge Apartments in the in the Soncy neighborhood starting from $950. The second greatest value Clayton apartment is the Trinity Model at Cypress Creek at Jason Avenue starting at $1,218 with a $1.16 price per square foot in the Dumas Junction neighborhood. Here is today’s list of the best values for Clayton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Legacy Ridge Apartments2x22BR,2BA$0.90
Cypress Creek at Jason AvenueTrinity2BR,2BA$1.16
Westfield Apartment Homes3 Bed 2 Bath3BR,2BA$0.90
Mariposa Jason Avenue 55+ Apartment HomesA21BR,1BA$1.01
The Larsson2/2.002BR,2BA$0.95
Paramount Square Apartments2 BD 1BA - 700 sq ft2BR,1BA$1.14
Hunter's Crossing Apartments1BD 1BA1BR,1BA$1.08
Brierwood ApartmentsD1BR,1BA$1.10
Parks at Granite Apartments1 bedroom 1 bathroom1BR,1BA$1.12
Ashton Place ApartmentsSmall One Bedroom1BR,1BA$1.17

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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Quick Rent Budget Calculator

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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!

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Frequently Asked Questions about Clayton

What type of rentals are currently available in Clayton?

There are currently 42 Apartments for Rent in Clayton, NM with pricing that ranges from $427 to $1,775. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Clayton ranging from $550 to $4,875.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Clayton ranges from $550 to $4,875 with an average monthly rent of $1,627.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Clayton range from $488 to $1,743, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,250 and Four Bedroom Apartments start at $907.

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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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.

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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.