Cheap Homes for Rent in Cleveland, NM from $1,100 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in Cleveland.

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.

Cleveland, NM Local Guide

Cheapest Available Cleveland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cleveland, NM is a 1 Bed unit found at Tierra Montosa priced from $353. Taos Haus +6 has the second lowest priced unit, which is a 2 Beds apartment currently listed from $592. Here is today’s list of the most affordable Cleveland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tierra Montosa1 Bedroom1BR,1BA$353
Taos Haus +62 Bedrooms2BR,1BA$592
Ochenta Apartments2 Bedrooms2BR,1BA$739
El Cerrito2 BR2BR,1BA$749
Myrtle Apartments - All Utilities IncludedStudioStudio,1BA$900

Best Value Apartments for Rent in Cleveland, NM and Nearby

As of June 19, 2026 the best value apartment in the Cleveland area is the $1.71 price per square foot 2x2ArT1 - 2X2 Renovated Model at Local 1896 in the in the Pueblos Del Sol neighborhood starting from $1,800. The second greatest value Cleveland apartment is the 2 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta starting at $1,699 with a $1.67 price per square foot in the Tiempo Lindo neighborhood. Here is today’s list of the best values for Cleveland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Local 18962x2ArT1 - 2X2 Renovated2BR,2BA$1.71
The Bluffs at Tierra Contenta2 Bedroom 2 Bathroom2BR,2BA$1.67
Allegro at Tanoan2 Bedroom 2 Bath2BR,2BA$1.70
La Mirage Apartment HomesTijeras2BR,2BA$1.66
El Cerrito2 BR2BR,1BA$0.77
Allaso High DesertTA11BR,1BA$2.00
Artista3x23BR,2BA$1.84
Ochenta Apartments2 Bedrooms2BR,1BA$0.97
Taos Haus +62 Bedrooms2BR,1BA$0.70
Tierra Montosa1 Bedroom1BR,1BA$0.49

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

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Frequently Asked Questions about Cleveland

What type of rentals are currently available in Cleveland?

There are currently 45 Apartments for Rent in Cleveland, NM with pricing that ranges from $491 to $4,624. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cleveland ranging from $1,100 to $8,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cleveland ranges from $1,100 to $8,500 with an average monthly rent of $2,601.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Cleveland range from $1,084 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 $2,250 and Four Bedroom Apartments start at $2,624.

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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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.

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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.