Cheap Apartments for Rent in Derry, NM from $600 (22 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article

Navigating 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 Article
Showing Results 1-22, Page 1 of 1

Derry, NM Local Guide

Cheapest Available Derry Apartments for Rent and Nearby

 

The cheapest available apartment rental in Derry, NM is a 1 Bed unit found at Presidio Apartments in the Downtown Las Cruces neighborhood priced from $700. Mountain Springs Pointe in the Downtown Las Cruces neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Derry apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Presidio Apartments1 Bedroom1BR,1BA$700
Mountain Springs Pointe1 Bedroom1BR,1BA$700
Casitas at 805 N 17Th St.StudioStudio,1BA$725
1655 S MainContemporary1BR,1BA$795
Sun Ridge Village1 Bedroom - Small1BR,1BA$800

Best Value Apartments for Rent in Derry, NM and Nearby

As of May 29, 2025 the best value apartment in the Derry area is the $1.37 price per square foot The Campania Model at Tuscany Villa and Estates in the in the Downtown Las Cruces neighborhood starting from $1,680. The second greatest value Derry apartment is the 2 bedroom 1 bath - Colony Garden Model at Colony Mesa Apartments starting at $875 with a $0.81 price per square foot in the Downtown Las Cruces neighborhood. Here is today’s list of the best values for Derry apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tuscany Villa and EstatesThe Campania2BR,2BA$1.37
Colony Mesa Apartments2 bedroom 1 bath - Colony Garden2BR,1BA$0.81
Pavilions At UniversityPistol Pete2BR,1BA$1.05
Casa BanderaB12BR,2BA$1.33
Woodcrest Apartments2 Bedroom2BR,2BA$1.12
The Pavilions at South ForkThe Venetian1BR,1BA$1.30
700 California Ave2 Bedroom2BR,1BA$1.17
Verge at Las Cruces - Historical Access2BR/2BA2BR,2BA$0.88
Telshor Terrace Apartments1X11BR,1BA$1.35
Presidio Apartments1 Bedroom1BR,1BA$1.27

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

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

Explore Derry, NM Rentals by Map

Decorative image of map

See the most popular apartments and homes in Derry, NM

View MapDerry, NM Apartments MapView MapDerry, NM Rental Homes Map

Frequently Asked Questions about Cheap Derry Apartments

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

The lowest price for a Cheap One Bedroom Derry Apartment is $700 at Presidio Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Derry is starting from $875 at Colony Mesa Apartments.

What is the most affordable Derry Three Bedroom Apartment?

The best deal on a cheap Derry Three Bedroom Apartment rental is at Park Place and starts from $1,450.

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 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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.