Cheap Homes for Rent in El Prado, NM from $1,200 (8 Rentals)

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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.

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.

El Prado, NM Local Guide

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 Casa de Encantada Senior Apartments in the Encantado del Norte Heritage Series neighborhood priced from $993. Canyon Walk Income Restricted has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,020. Here is today’s list of the most affordable El Prado apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$993
Canyon Walk Income RestrictedOne Bedroom x One Bath1BR,1BA$1,020
Sierra Blanca Senior LivingStudioStudio,1BA$1,100

Best Value Apartments for Rent in El Prado, NM and Nearby

As of September 19, 2025 the best value apartment in the El Prado area is the $1.72 price per square foot 2 X 2.5 (2-Car Gar) Model at Terra at Enchanted Hills in the in the Encantado del Norte Heritage Series neighborhood starting from $2,095. The second greatest value El Prado apartment is the The Sagebrush Model at The Mica starting at $1,777 with a $1.74 price per square foot in the Don Digeo neighborhood. Here is today’s list of the best values for El Prado apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Terra at Enchanted Hills2 X 2.5 (2-Car Gar)2BR,2.5BA$1.72
The MicaThe Sagebrush2BR,2BA$1.74
Enchanted HillsEnchanted2BR,2BA$1.68
Canyon Walk Income RestrictedOne Bedroom x One Bath1BR,1BA$1.14
Vista Linda2 Bedroom | 1 Bath2BR,1BA$1.94
The Bluffs at Tierra Contenta2 Bedroom 2 Bathroom2BR,2BA$1.90
Local 18961x1ArT1 - 1X1 Renovated1BR,1BA$2.06
Talavera Apartment HomesPinon2BR,1BA$1.97
Evergreen Apartments1x1-B1BR,1BA$1.70
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$1.71

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

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Frequently Asked Questions about El Prado

What type of rentals are currently available in El Prado?

There are currently 39 Apartments for Rent in El Prado, NM with pricing that ranges from $899 to $4,283. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in El Prado ranging from $1,250 to $8,500.

What is the current price range for Rental Homes in El Prado?

Today's rental pricing for Homes for Rent, Condos and Townhomes in El Prado ranges from $1,250 to $8,500 with an average monthly rent of $3,001.

How much are larger Three and Four Bedroom Rentals in El Prado?

For those who are looking for larger living arrangements, Three Bedroom Apartments in El Prado range from $1,404 to $4,283, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $8,500. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $2,200.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.