
Cheap Apartments for Rent in Glenwood, NM from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Glenwood.


Timberstone Apartments

1421 S Tennyson Dr

Roundhouse Resort

Madrean Vista
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.

2285 S Bowie Ave

Total Monthly Price
5468 Wild Game Trl

Total Monthly Price
5554 White Mountain Ave, Unit White mtn ave, Unit White mtn ave

Mountain Park Townhomes

204 W Market St
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.

426 S Bowie Ave

561 N 10th Pl

1879 W Peppertree Dr

1227 S Central Ave

1879 Peppertree Dr
Cash 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.

1412 Amanda Dr
Glenwood, NM Local Guide

How much does it cost to rent an apartment in Glenwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Glenwood Studio Apartments | $1,080 | $950 | $1,145 |
| Glenwood 1 Bedroom Apartments | $1,294 | $650 | $1,650 |
| Glenwood 2 Bedroom Apartments | $1,568 | $844 | $2,045 |
| Glenwood 3 Bedroom Apartments | $2,673 | $968 | $6,938 |
| Glenwood 4 Bedroom Apartments | $27,276 | $10,000 | $10,000+ |
Browse Top Apartments in Glenwood
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Glenwood, NM Local Guide
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Cheapest Available Glenwood Apartments for Rent and Nearby
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Madrean Vista | 1x1 | 1BR,1BA | $1,395 |
| Mountain Park Townhomes | Three Bedroom | 3BR,2BA | $1,800 |
Best Value Apartments for Rent in Glenwood, NM and Nearby
As of May 09, 2026 the best value apartment in the Glenwood area is the $1.52 price per square foot Three Bedroom Model at Mountain Park Townhomes in the starting from $1,800. The second greatest value Glenwood apartment is the 1351 W Sierra Buena Ct Model at 1351 W Sierra Buena Ct starting at $1,650 with a $2.12 price per square foot in the Torreon neighborhood. Here is today’s list of the best values for Glenwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mountain Park Townhomes | Three Bedroom | 3BR,2BA | $1.52 |
| 1351 W Sierra Buena Ct | 1351 W Sierra Buena Ct | 1BR,1BA | $2.12 |
| 5468 Wild Game Trl | 5468 Wild Game Trl | 2BR,1BA | $2.13 |
| 5468 Wild Game Trl, Unit 5468 wild game trail | 5468 Wild Game Trl | 2BR,1BA | $2.13 |
| Madrean Vista | 1x1 | 1BR,1BA | $1.96 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Glenwood, NM Rentals by Map
See the most popular apartments and homes in Glenwood, NM
Frequently Asked Questions about Cheap Glenwood Apartments
How much is rent for a Cheap One Bedroom Glenwood Apartment?
The lowest price for a Cheap One Bedroom Glenwood Apartment is $1,395 at Madrean Vista.
What is the lowest price for a Cheap Two Bedroom Glenwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Glenwood is starting from $2,045 at Roundhouse Resort.
What is the most affordable Glenwood Three Bedroom Apartment?
The best deal on a cheap Glenwood Three Bedroom Apartment rental is at Mountain Park Townhomes and starts from $1,800.
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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.