
Cheap Apartments for Rent near Corona, NM from $500 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in Corona.


Ladera Apartments

The Loop at 950

Cinnamon Tree Apartments

White Oak Apartments

Total Monthly Price
Tesota Four Hills

The Twelve 601

La Tierra 55+

Cloudview Terrace

Juniper Flats
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Total Monthly Price
Tesota Midtown

Rio Vista Senior Apartments

Total Monthly Price
Studios on Route 66

The Ridge

Las Vistas

Manzano Vista

Las Brisas

Villa Apartments

Total Monthly Price
El Pueblo - Ultimate Urban Living

Sunrise Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Villa Serena Apartments

Somerset Park

520 Tennessee St NE

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Arrowhead Pointe

Total Monthly Price
MOUNTAIN VISTA

Woodlands Cabins

Total Monthly Price
The June

Northpointe Village

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The Reserve

Grove at Tramway
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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Lumen

100 Lower Terrace Dr

311 Mechem Dr

205 Mechem Dr

502 U.S. Route 66

The Portals Apartments

134-136 Altez St NE

Santa Clara Apartments

301 Mechem Dr

Whispering Sands
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.

Monterey Manor Apartments

The Valencia

Farolito Senior Apartments

Coyote Point

Panorama Heights

1206 Cuba Rd

Palazzo Apartments

Aspen Ridge

River Rock Apartments

Pine Park Apartments
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.
Corona, NM Local Guide

How much does it cost to rent an apartment in Corona?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Corona Studio Apartments | $805 | $695 | $935 |
| Corona 1 Bedroom Apartments | $1,100 | $500 | $2,484 |
| Corona 2 Bedroom Apartments | $1,316 | $749 | $2,195 |
| Corona 3 Bedroom Apartments | $1,622 | $1,098 | $2,572 |
Browse Top Apartments in Corona
See all Apartments in CoronaExplore Corona
Corona, NM Local Guide
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Cheapest Available Corona Apartments for Rent and Nearby
 The cheapest available apartment rental in Corona, NM is a Studio unit found at The Loop at 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Loop at 950 | 0x1 - 280 | Studio,1BA | $645 |
| White Oak Apartments | 1x1 | 1BR,1BA | $716 |
| La Tierra 55+ | 1 Bedroom | 1BR,1BA | $770 |
| Juniper Flats | Arroyo | Studio,1BA | $800 |
| Cinnamon Tree Apartments | 1 bedroom Loft | 1BR,1BA | $820 |
| Rio Vista Senior Apartments | Income-Restricted One Bedroom Senior Apartment ... | 1BR,1BA | $890 |
| Studios on Route 66 | Studio | Studio,1BA | $900 |
| The Ridge | 1 Bedroom 1 Bathroom | 1BR,1BA | $900 |
| Las Vistas | 1BD/1B | 1BR,1BA | $900 |
| Las Brisas | 1 Bed, 1 Bath A (60% Income Restricted) | 1BR,1BA | $919 |
Best Value Apartments for Rent in Corona, NM and Nearby
As of September 07, 2026 the best value apartment in the Corona area is the $0.87 price per square foot Two Bedroom Two Bath Model at Los Altos Towers in the in the South Los Altos neighborhood starting from $1,399. The second greatest value Corona apartment is the 2 Bedroom Model at Zia Townhomes starting at $1,725 with a $1.41 price per square foot in the South Los Altos neighborhood. Here is today’s list of the best values for Corona apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Los Altos Towers | Two Bedroom Two Bath | 2BR,2BA | $0.87 |
| Zia Townhomes | 2 Bedroom | 2BR,1.5BA | $1.41 |
| Whispering Sands | Two Bedroom Two Bath | 2BR,2BA | $1.18 |
| 520 Tennessee St NE | 2bed/1 ba Unfurnished | 2BR,1BA | $1.39 |
| Aspen Ridge | Two Bedroom Two Bath | 2BR,2BA | $1.20 |
| La Tierra 55+ | 2 Bedrooms | 2BR,1BA | $1.16 |
| Villa Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
| El Pueblo - Ultimate Urban Living | One Bedroom | 1BR,1BA | $1.34 |
| White Oak Apartments | 1x1 | 1BR,1BA | $1.03 |
| The Ridge | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.37 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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!
Explore Corona, NM Rentals by Map
See the most popular apartments and homes in Corona, NM
Frequently Asked Questions about Cheap Corona Apartments
What is the Cheapest Studio apartment in Corona?
Currently the most affordable Cheap Studio Apartment in Corona is at The Loop at 950 listed at $645.
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 $925 at The Loop at 950.
What is the most affordable Corona Three Bedroom Apartment?
The best deal on a cheap Corona Three Bedroom Apartment rental is at Aspen Ridge and starts from $1,184.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.