Cheap Apartments for Rent in Corona, NM from $500 (21 Rentals)

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

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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205 Mechem Dr
Studio to 3 Bedroom Apartments

205 Mechem Dr

205 Mechem DrRuidoso, NM 88345
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100 Lower Terrace Dr
Studio to 2 Bedroom Apartments

100 Lower Terrace Dr

100 Lower Terrace DrRuidoso, NM 88345

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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311 Mechem Dr
Studio to 3 Bedroom Apartments

311 Mechem Dr

311 Mechem DrRuidoso, NM 88345
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The Loop @950
Studio to 4 Bedroom Apartments

The Loop @950

950 Louisiana Blvd SEAlbuquerque, NM 87108
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Los Altos Towers
Studio to 2 Bedroom Apartments

Los Altos Towers

9125 Copper Ave NEAlbuquerque, NM 87123
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Las Vistas
1 to 3 Bedroom Apartments

Las Vistas

11122 Claremont NEAlbuquerque, NM 87112
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301 Mechem Dr
2 to 3 Bedroom Apartments

301 Mechem Dr

301 Mechem DrRuidoso, NM 88345

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-21, Page 1 of 1

Corona, NM Local Guide

Cheapest Available Corona Apartments for Rent and Nearby

 

The cheapest available apartment rental in Corona, NM is a Studio unit found at The Loop @950 in the South San Pedro neighborhood priced from $645. White Oak Apartments in the South San Pedro neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $716. Here is today’s list of the most affordable Corona apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Loop @9500x1 - 280Studio,1BA$645
White Oak Apartments1x11BR,1BA$716
La Tierra 55+1 Bedroom1BR,1BA$770
Lomas Gardens1BR/1.0BA1BR,1BA$815
Los Altos TowersStudioStudio,1BA$825

Best Value Apartments for Rent in Corona, NM and Nearby

As of January 15, 2026 the best value apartment in the Corona area is the $1.19 price per square foot 1 Car Garage Model at Indian Ridge in the in the Northeast Quadrant neighborhood starting from $1,745. The second greatest value Corona apartment is the Four Bedroom Two Bath Model at Aspen Ridge starting at $1,475 with a $1.22 price per square foot in the South San Pedro neighborhood. Here is today’s list of the best values for Corona apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Indian Ridge1 Car Garage2BR,2.5BA$1.19
Aspen RidgeFour Bedroom Two Bath4BR,2BA$1.22
The Ridge3 Bedroom 2 Bathroom3BR,2BA$1.18
Ladera Apartments3 Bedrooms3BR,2BA$0.93
La Tierra 55+2 Bedrooms2BR,1BA$1.16
Panorama HeightsOne Bedroom1BR,1BA$1.33
Monterey Manor ApartmentsKaloSolo-Premium1BR,1BA$1.29
Lomas Gardens1BR/1.0BA1BR,1BA$1.16
White Oak Apartments1x11BR,1BA$1.03
Palazzo ApartmentsKaloSolo-Premium1BR,1BA$1.36

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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 Corona, NM Rentals by Map

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See the most popular apartments and homes in Corona, NM

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Frequently Asked Questions about Cheap Corona Apartments

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

The lowest price for a Cheap One Bedroom Corona Apartment is $716 at White Oak Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Corona is starting from $852 at Tesota Four Hills.

What is the most affordable Corona Three Bedroom Apartment?

The best deal on a cheap Corona Three Bedroom Apartment rental is at Ladera Apartments and starts from $883.

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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!