Cheap Homes for Rent in Dexter, NM from $600 (5 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.

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.

Dexter, NM Local Guide

Cheapest Available Dexter Apartments for Rent and Nearby

 

The cheapest available apartment rental in Dexter, NM is a 2 Beds unit found at Wilshire Gardens 55+ priced from $676. Sierra Vista Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Dexter apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Wilshire Gardens 55+2 BR2BR,1BA$676
Sierra Vista Village2B/1B SS2BR,1BA$700
Mirador Apartments1 BEDROOM1BR,1BA$700

Best Value Apartments for Rent in Dexter, NM and Nearby

As of May 15, 2026 the best value apartment in the Dexter area is the $1.30 price per square foot 3 Bed, 2 Bath B Model at Villas of Briar Ridge in the starting from $1,552. The second greatest value Dexter apartment is the Two Bedroom, Two Bath Model at Lovington Trails starting at $1,399 with a $1.40 price per square foot . Here is today’s list of the best values for Dexter apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villas of Briar Ridge3 Bed, 2 Bath B3BR,1.5BA$1.30
Lovington TrailsTwo Bedroom, Two Bath2BR,2BA$1.40
Tia MariaTwo Bedroom2BR,1BA$1.39
Wilshire Gardens 55+2 BR2BR,1BA$0.77
Mesa Verde - FREE UtilitiesTwo Bedroom2BR,1BA$1.15
EMLI Artesia: Income Qualify TodayOne Bedroom - 60% Tax Credit1BR,1BA$1.28
Yucca Flats ApartmentsOne Bedroom1BR,1BA$1.43
Eagle CreekOne Bedroom1BR,1BA$1.54
Mirador Apartments1 BEDROOM1BR,1BA$1.09
Sierra Vista Village2B/1B1BR,1BA$1.17

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

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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 Dexter

What type of rentals are currently available in Dexter?

There are currently 27 Apartments for Rent in Dexter, NM with pricing that ranges from $700 to $3,544. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Dexter ranging from $675 to $4,750.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Dexter ranges from $675 to $4,750 with an average monthly rent of $1,818.

How much are larger Three and Four Bedroom Rentals in Dexter?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Dexter range from $968 to $2,897, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $4,750. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,506.

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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.