Cheap Homes for Rent in Corrales, NM from $1,500 (11 Rentals)

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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.

The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach

Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.

Corrales, NM Local Guide

Cheapest Available Corrales Apartments for Rent and Nearby

 

The cheapest available apartment rental in Corrales, NM is a 2 Beds unit found at Arrowhead Ridge in the Sunrise Village at Northern Meadows neighborhood priced from $940. El Paseo Apartments in the Northwest Quadrant neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $956. Here is today’s list of the most affordable Corrales apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arrowhead RidgeTwo Bed/Two Bath - 60% AMI2BR,2BA$940
El Paseo ApartmentsOne-Bedroom1BR,1BA$956
La Cantera Senior Apartments1x11BR,1BA$956
The PanoramaStudio FStudio,1BA$970
Odyssey ApartmentsStudioStudio,1BA$1,054

Best Value Apartments for Rent in Corrales, NM and Nearby

As of June 24, 2026 the best value apartment in the Corrales area is the $1.59 price per square foot Ballard Model at Circ in the in the Sunrise Village at Northern Meadows neighborhood starting from $1,901. The second greatest value Corrales apartment is the 4217 Ridgeway Ct Model at 4217 Ridgeway Ct, Unit A starting at $1,450 with a $1.24 price per square foot in the Sunrise Village at Northern Meadows neighborhood. Here is today’s list of the best values for Corrales apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
CircBallard3BR,2BA$1.59
4217 Ridgeway Ct, Unit A4217 Ridgeway Ct3BR,2BA$1.24
Cottonwood RanchCypress (LUX)2BR,2BA$1.51
Arrowhead RidgeThree Bed/Two Bath - 60% AMI3BR,2BA$1.24
SkyStone ApartmentsVashon1BR,1BA$2.16
Blue Agave VillasThe Poblanos2BR,1BA$2.08
Eagle Ranch ApartmentsLatigo1BR,1BA$1.72
PrismaScarlet Renovated1BR,1BA$1.89
La Cantera Senior Apartments1x11BR,1BA$1.61
El Paseo ApartmentsOne-Bedroom1BR,1BA$1.71

The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach

Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.

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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

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.

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

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Frequently Asked Questions about Corrales

What type of rentals are currently available in Corrales?

There are currently 52 Apartments for Rent in Corrales, NM with pricing that ranges from $940 to $3,500. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Corrales ranging from $1,500 to $5,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Corrales ranges from $1,500 to $5,000 with an average monthly rent of $2,421.

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.

Helpful Local Expert Guides

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A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque

Written by: Esther Lombardi

Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.

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The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach

Written by: Esther Lombardi

There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.

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Albuquerque Uncovered: Your Local Experts Guide to the High Desert City

Written by: Esther Lombardi

Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.

decorative image for Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers   article

Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers

Written by: Esther Lombardi

I still recollect my first morning commute in Albuquerque.

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.