Cheap Apartments for Rent near Grady, NM from $377 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in Grady.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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1021 N Mlk Blvd
Studio to 2 Bedroom Apartments

1021 N Mlk Blvd

1021 N Mlk BlvdClovis, NM 88101
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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1517 Cameo St
1 Bedroom Apartments

1517 Cameo St

1517 Cameo StClovis, NM 88101
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804 Stanton Pl
1 to 2 Bedroom Apartments

804 Stanton Pl

804 Stanton PlClovis, NM 88101
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1216 Dartmouth
1 to 2 Bedroom Apartments

1216 Dartmouth

1216 DartmouthClovis, NM 88101
  • Utilities Included
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221 Gayland Dr
1 Bedroom Apartments

221 Gayland Dr

221 Gayland DrClovis, NM 88101

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.

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1021 Gidding St
2 Bedroom Apartments

1021 Gidding St

1021 Gidding StClovis, NM 88101
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Townsgate Apartments
2 Bedroom Apartments

Townsgate Apartments

125-137 Townsgate PlzClovis, NM 88101
  • Utilities Included
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Blue Water Garden
1 to 4 Bedroom Apartments

Blue Water Garden

612 Irving StHereford, TX 79045
  • Utilities Included

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.

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Showing Results 1-40, Page 1 of 1

Grady, NM Local Guide

Cheapest Available Grady Apartments for Rent and Nearby

 

The cheapest available apartment rental in Grady, NM is a 1 Bed unit found at Hotel Clovis Lofts priced from $463. Andalusia Aprtments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $463. Here is today’s list of the most affordable Grady apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hotel Clovis Lofts1 Bedroom1BR,1BA$463
Andalusia Aprtments1 Bedroom1BR,1BA$463
LoLomas Apartments 55+2 BR2BR,1BA$728
Blue Water GardenIncome-Restricted 1 Bedroom, 1 Bath1BR,1BA$965
Tierra Blanca22-602BR,2BA$1,000

Best Value Apartments for Rent in Grady, NM and Nearby

As of August 23, 2026 the best value apartment in the Grady area is the $0.84 price per square foot 3 Bedrooms Model at Hotel Clovis Lofts in the starting from $844. The second greatest value Grady apartment is the 22-60 Model at Central Place starting at $1,004 with a $1.04 price per square foot . Here is today’s list of the best values for Grady apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hotel Clovis Lofts3 Bedrooms3BR,2BA$0.84
Central Place22-602BR,2BA$1.04
Tierra Blanca22-602BR,2BA$1.05
Gidding Apartments3401 Gidding2BR,1BA$1.11
300-304 Townsgate Plz304 Townsgate2BR,1BA$1.11
Andalusia Aprtments2 Bedrooms2BR,1BA$0.84
106 Ave H, Unit #10106 Ave H2BR,1BA$1.33
LoLomas Apartments 55+1 BR1BR,1BA$1.15
806 W Plaza Dr, Unit #B806 W Plaza Dr1BR,1BA$1.15
1016 N Walnut St, Unit 10181016 N Walnut St1BR,1BA$1.08

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.

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Real 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.

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Quick 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.

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

Explore Grady, NM Rentals by Map

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See the most popular apartments and homes in Grady, NM

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Frequently Asked Questions about Cheap Grady Apartments

How much is rent for a Cheap One Bedroom Grady Apartment?

The lowest price for a Cheap One Bedroom Grady Apartment is $463 at Hotel Clovis Lofts.

What is the lowest price for a Cheap Two Bedroom Grady Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Grady is starting from $563 at Hotel Clovis Lofts.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.