Cheap Homes for Rent in Corona, NM from $800 (7 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

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.

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.

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. Loop @950 in the South San Pedro neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Corona apartments for rent:

Apartment ListingModel NameBed/BathPriced From
311 Mechem DrStudioStudio,1BA$550
Loop @9500x1 - 410Studio,1BA$725
Home @ Valencia1bd/1ba1BR,1BA$750

Best Value Apartments for Rent in Corona, NM and Nearby

As of July 31, 2025 the best value apartment in the Corona area is the $1.48 price per square foot 3 Bedroom Model at Zia Townhomes in the in the South Los Altos neighborhood starting from $2,095. The second greatest value Corona apartment is the 3 BR Model at 311 Mechem Dr starting at $1,300 with a $1.30 price per square foot . 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.
Zia Townhomes3 Bedroom3BR,2BA$1.48
311 Mechem Dr3 BR3BR,2BA$1.30
1206 Cuba Rd1 Bedroom1BR,1BA$1.05
Monterey Manor ApartmentsKaloDuo-Premium2BR,1BA$1.42
River Rock ApartmentsKaloSolo-Premium1BR,1BA$1.42
Panorama HeightsOne Bedroom1BR,1BA$1.47
Lomas Gardens1BR/1.0BA1BR,1BA$1.19
Whispering SandsOne Bedroom One Bath1BR,1BA$1.35
Las Brisas1 Bed, 1 Bath1BR,1BA$1.36
Home @ Valencia1bd/1ba - Rehabbed1BR,1BA$1.45

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Corona

What type of rentals are currently available in Corona?

There are currently 40 Apartments for Rent in Corona, NM with pricing that ranges from $645 to $2,994. There are also 40 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 $1,920.

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.

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.