Cheap Apartments for Rent in El Prado, NM from $300 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in El Prado.

El Cerrito

Loma Parda
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.

Santa Fe Suites

Myrtle Apartments - All Utilities Included

Casa de Encantada Senior Apartments

Sierra Blanca Senior Living
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
El Prado, NM Local Guide

How much does it cost to rent an apartment in El Prado?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| El Prado Studio Apartments | $1,216 | $899 | $1,987 |
| El Prado 1 Bedroom Apartments | $1,668 | $331 | $2,829 |
| El Prado 2 Bedroom Apartments | $2,278 | $390 | $4,266 |
| El Prado 3 Bedroom Apartments | $2,768 | $448 | $4,458 |
| El Prado 4 Bedroom Apartments | $2,277 | $2,085 | $2,455 |
Browse Top Apartments in El Prado
See all Apartments in El PradoExplore El Prado
El Prado, NM Local Guide
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Cheapest Available El Prado Apartments for Rent and Nearby
 The cheapest available apartment rental in El Prado, NM is a 1 Bed unit found at Tierra Montosa priced from $353. Taos Haus +6 has the second lowest priced unit, which is a 2 Beds apartment currently listed from $592. Here is today’s list of the most affordable El Prado apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tierra Montosa | 1 Bedroom | 1BR,1BA | $353 |
| Taos Haus +6 | 2 Bedrooms | 2BR,1BA | $592 |
| Ochenta Apartments | 2 Bedrooms | 2BR,1BA | $739 |
Best Value Apartments for Rent in El Prado, NM and Nearby
As of January 05, 2026 the best value apartment in the El Prado area is the $1.64 price per square foot 2 X 2.5 (1-Car Gar) Model at Terra at Enchanted Hills in the in the Encantado del Norte Heritage Series neighborhood starting from $1,995. The second greatest value El Prado apartment is the 2 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta starting at $1,863 with a $1.83 price per square foot in the Tiempo Lindo neighborhood. Here is today’s list of the best values for El Prado apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Terra at Enchanted Hills | 2 X 2.5 (1-Car Gar) | 3BR,3.5BA | $1.64 |
| The Bluffs at Tierra Contenta | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.83 |
| Local 1896 | 2x1AR1T2 - 2X1 Renovated | 2BR,1BA | $1.74 |
| Soleras Station | Two Bedroom | 2BR,1BA | $2.00 |
| Taos Haus +6 | 2 Bedrooms | 2BR,1BA | $0.70 |
| The Mica | The Pines | 1BR,1BA | $1.84 |
| Coronado Townhomes | 2x2 | 2BR,2BA | $2.01 |
| Tierra Montosa | 1 Bedroom | 1BR,1BA | $0.49 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $1.70 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1.71 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore El Prado, NM Rentals by Map
See the most popular apartments and homes in El Prado, NM
Frequently Asked Questions about Cheap El Prado Apartments
What is the Cheapest Studio apartment in El Prado?
Currently the most affordable Cheap Studio Apartment in El Prado is at Santa Fe Suites listed at $899.
How much is rent for a Cheap One Bedroom El Prado Apartment?
The lowest price for a Cheap One Bedroom El Prado Apartment is $353 at Tierra Montosa.
What is the lowest price for a Cheap Two Bedroom El Prado Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in El Prado is starting from $417 at Tierra Montosa.
What is the most affordable El Prado Three Bedroom Apartment?
The best deal on a cheap El Prado Three Bedroom Apartment rental is at Tierra Montosa and starts from $479.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!



