Cheap Apartments for Rent in Espanola, NM from $600 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Espanola.

Santa Fe Suites
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.

Casa de Encantada Senior Apartments

Evergreen Apartments

Sierra Blanca Senior Living

Elevate at Oslo

Vista Alegre Apartments

San Miguel Court
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Casa Loma Apartments

Enchanted Hills
Espanola, NM Local Guide

How much does it cost to rent an apartment in Espanola?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Espanola Studio Apartments | $1,323 | $950 | $1,870 |
Espanola 1 Bedroom Apartments | $1,857 | $993 | $3,155 |
Espanola 2 Bedroom Apartments | $2,240 | $1,257 | $5,050 |
Espanola 3 Bedroom Apartments | $2,525 | $1,725 | $4,275 |
Espanola 4 Bedroom Apartments | $2,660 | $2,620 | $2,820 |
Browse Top Apartments in Espanola
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Espanola, NM Local Guide
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Cheapest Available Espanola Apartments for Rent and Nearby
 The cheapest available apartment rental in Espanola, NM is a Studio unit found at Santa Fe Suites in the Pueblos Del Sol neighborhood priced from $950. Casa de Encantada Senior Apartments in the Encantado del Norte Heritage Series neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $993. Here is today’s list of the most affordable Espanola apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Santa Fe Suites | Studio | Studio,1BA | $950 |
Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $993 |
Sierra Blanca Senior Living | Studio | Studio,1BA | $1,100 |
Elevate at Oslo | Studio - 325 | Studio,1BA | $1,155 |
Vista Alegre Apartments | Studio, 1 Bath | Studio,1BA | $1,199 |
Best Value Apartments for Rent in Espanola, NM and Nearby
As of July 30, 2025 the best value apartment in the Espanola area is the $1.35 price per square foot 3x2 Model at Coronado Townhomes in the in the Encantado del Norte Heritage Series neighborhood starting from $1,795. The second greatest value Espanola apartment is the 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta starting at $2,620 with a $1.99 price per square foot in the Tiempo Lindo neighborhood. Here is today’s list of the best values for Espanola apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Coronado Townhomes | 3x2 | 3BR,2BA | $1.35 |
The Bluffs at Tierra Contenta | 4 Bedroom 2 Bathroom | 4BR,2BA | $1.99 |
Terra at Enchanted Hills | 2 X 2.5 (2-Car Gar) | 2BR,2.5BA | $1.72 |
The Mica | The Sagebrush | 2BR,2BA | $1.77 |
Vista Linda | 2 Bedroom | 1 Bath | 2BR,1BA | $1.95 |
Enchanted Hills | Diego | 2BR,1BA | $1.71 |
San Miguel Court | 2x1 | 2BR,1BA | $2.13 |
Local 1896 | 1x1ArT1 - 1X1 Renovated | 1BR,1BA | $2.08 |
Talavera Apartment Homes | Pinon | 2BR,1BA | $2.17 |
Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1.71 |
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Best Local Schools in Espanola, NM
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Getting Around Espanola, NM
Walk Score®
42 / 100
Car-Dependent
Most errands require a car
Bike Score®
36 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Espanola Apartments
What is the Cheapest Studio apartment in Espanola?
Currently the most affordable Cheap Studio Apartment in Espanola is at Santa Fe Suites listed at $950.
How much is rent for a Cheap One Bedroom Espanola Apartment?
The lowest price for a Cheap One Bedroom Espanola Apartment is $993 at Casa de Encantada Senior Apartments.
What is the lowest price for a Cheap Two Bedroom Espanola Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Espanola is starting from $1,484 at Vista Alegre Apartments.
What is the most affordable Espanola Three Bedroom Apartment?
The best deal on a cheap Espanola Three Bedroom Apartment rental is at San Miguel Court and starts from $1,775.
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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.