
Cheap Homes for Rent in Eddy County, NM from $600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Eddy County.


3710 W Grand Ave

2901 Standpipe Rd
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.

809 Pate St

1513 Desert Willow Dr

805 W Quay 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.

1205 W Hermosa Dr
Eddy County, NM Local Guide

How much does it cost to rent a home in Eddy County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Eddy County 2 Bedroom Homes for Rent | $1,665 | $675 | $3,000 |
| Eddy County 3 Bedroom Homes for Rent | $2,200 | $1,800 | $2,600 |
| Eddy County 4 Bedroom Homes for Rent | $3,625 | $3,500 | $3,750 |
| Eddy County 5 Bedroom Homes for Rent | $3,125 | $1,750 | $4,500 |
Browse Homes for Rent in Eddy County
Explore Eddy County
Cheapest Available Eddy County Apartments for Rent
 The cheapest available apartment rental in Eddy County, NM is a 1 Bed unit found at EMLI Artesia: Income Qualify Today priced from $987. Yucca Flats Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here is today’s list of the most affordable Eddy County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $987 |
| Yucca Flats Apartments | One Bedroom | 1BR,1BA | $999 |
| Eagle Creek | One Bedroom | 1BR,1BA | $1,049 |
Best Value Apartments for Rent in Eddy County, NM
As of May 28, 2026 the best value apartment in the Eddy County area is the $1.61 price per square foot Marigold Model at Avalon at Carlsbad in the starting from $2,015. The second greatest value Eddy County apartment is the B2 Model at Village at Carlsbad starting at $1,685 with a $1.87 price per square foot . Here is today’s list of the best values for Eddy County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Avalon at Carlsbad | Marigold | 3BR,2BA | $1.61 |
| Village at Carlsbad | B2 | 2BR,2BA | $1.87 |
| Tia Maria | Two Bedroom | 2BR,1BA | $1.39 |
| EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $1.28 |
| Riverwood | A1 | 1BR,1BA | $1.58 |
| Vista del Sol | One Bedroom | 1BR,1BA | $1.60 |
| Yucca Flats Apartments | One Bedroom | 1BR,1BA | $1.43 |
| Eagle Creek | One Bedroom | 1BR,1BA | $1.54 |
| Vista Del Rio-FREE Utilities | One Bedroom | 1BR,1BA | $1.94 |
Frequently Asked Questions about Eddy County
What type of rentals are currently available in Eddy County?
There are currently 43 Apartments for Rent in Eddy County, NM with pricing that ranges from $987 to $2,065. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Eddy County ranging from $675 to $4,500.
What is the current price range for Rental Homes in Eddy County?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Eddy County ranges from $675 to $4,500 with an average monthly rent of $2,493.
How much are larger Three and Four Bedroom Rentals in Eddy County?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Eddy County range from $1,356 to $2,065, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $2,600. Four Bedroom Single-Family rentals are also available starting from $3,500 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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.

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.

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.