Cheap Homes for Rent in Corona, NM from $800 (6 Rentals)

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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.

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.

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 311 Mechem Dr priced from $550. Home @ Valencia in the South San Pedro neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $715. Here is today’s list of the most affordable Corona apartments for rent:

Apartment ListingModel NameBed/BathPriced From
311 Mechem DrStudioStudio,1BA$550
Home @ Valencia1bd/1ba1BR,1BA$715
El Pueblo II Apartments1x11BR,1BA$716

Best Value Apartments for Rent in Corona, NM and Nearby

As of September 17, 2025 the best value apartment in the Corona area is the $1.30 price per square foot 3 BR Model at 311 Mechem Dr in the starting from $1,300. The second greatest value Corona apartment is the Two Bedroom Model at Panorama Heights starting at $1,395 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 ListingModel NameBed/BathPrice Per Sq.Ft.
311 Mechem Dr3 BR3BR,2BA$1.30
Panorama HeightsTwo Bedroom2BR,2BA$1.41
1206 Cuba Rd1 Bedroom1BR,1BA$1.05
Lomas Gardens2BR/1.0BA2BR,1BA$1.24
Villa Apartments1 Bed 1 Bath1BR,1BA$1.37
El Pueblo II Apartments1x11BR,1BA$1.03
The Ridge1 Bedroom 1 Bathroom1BR,1BA$1.41
Whispering SandsOne Bedroom One Bath1BR,1BA$1.35
Las Brisas1 Bed, 1 Bath1BR,1BA$1.38
Home @ Valencia1bd/1ba - Rehabbed1BR,1BA$1.34

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

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Frequently Asked Questions about Corona

What type of rentals are currently available in Corona?

There are currently 44 Apartments for Rent in Corona, NM with pricing that ranges from $700 to $2,340. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Corona ranging from $850 to $5,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Corona ranges from $850 to $5,000 with an average monthly rent of $1,691.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.