
Cheap Homes for Rent in Dexter, NM from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Dexter.


1202 S Missouri Ave

602 N Ohio Ave
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.

1009 S Lea Ave

210 S Delaware Ave

1113 S Lea Ave
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.

1002 W Deming St
Dexter, NM Local Guide

How much does it cost to rent a home in Dexter?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Dexter 2 Bedroom Homes for Rent | $1,193 | $725 | $1,700 |
| Dexter 3 Bedroom Homes for Rent | $1,424 | $1,150 | $2,100 |
| Dexter 4 Bedroom Homes for Rent | $2,260 | $1,500 | $3,750 |
Browse Top Homes for Rent in Dexter
Explore Dexter
Dexter, NM Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wilshire Gardens 55+ | 2 BR | 2BR,1BA | $676 |
| Sierra Vista Village | 2B/1B SS | 2BR,1BA | $700 |
| Mirador Apartments | 1 BEDROOM | 1BR,1BA | $700 |
Best Value Apartments for Rent in Dexter, NM and Nearby
As of July 02, 2026 the best value apartment in the Dexter area is the $1.35 price per square foot 3 Bed, 1.5 Bath B Model at Villas of Briar Ridge in the starting from $1,614. The second greatest value Dexter apartment is the One Bedroom Model at Lovington Trails starting at $1,199 with a $1.30 price per square foot . Here is today’s list of the best values for Dexter apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villas of Briar Ridge | 3 Bed, 1.5 Bath B | 3BR,1.5BA | $1.35 |
| Lovington Trails | One Bedroom | 1BR,1BA | $1.30 |
| Tia Maria | Two Bedroom | 2BR,1BA | $1.39 |
| Wilshire Gardens 55+ | 2 BR | 2BR,1BA | $0.77 |
| EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $1.28 |
| Saddlecreek Apartments | Magnolia | 2BR,1BA | $1.19 |
| Yucca Flats Apartments | One Bedroom | 1BR,1BA | $1.43 |
| Mirador Apartments | 1 BEDROOM | 1BR,1BA | $1.09 |
| Sierra Vista Village | 2B/1B | 1BR,1BA | $1.17 |
| Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $1.41 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Dexter, NM
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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 30 Apartments for Rent in Dexter, NM with pricing that ranges from $680 to $3,430. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Dexter ranging from $725 to $3,750.
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 $725 to $3,750 with an average monthly rent of $1,536.
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 $3,430, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,500 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.

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.

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.