
Cheap Apartments for Rent in Grants, NM from $400 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in Grants.


1031 E High St

Sunray Lobo Canyon

Generations at West Mesa

Bluewater Village

The Beach

Villa Hermosa

Mesa Ridge Apartments

1415 Willow Dr

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Aydan
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.

Total Monthly Price
Stride West

Total Monthly Price
Taylor Ranch Luxury Apartments

Puerta Del Sol

Taylor Ridge Apartments

Del Rio Apartments

City View

Total Monthly Price
Entrada Pointe

Eagle Ranch Apartments

Total Monthly Price
Circ

Total Monthly Price
The Aubry
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.

Villas @ Rio

Q @ Bosque Trail

Resort at Sandia Village

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Diamond Mesa

The Dillon Luxury Apartments

Monterey Place

Wintergreen Apartments

Via Vista Apartment Community

Total Monthly Price
Cantata at the Trails

Affinity at Albuquerque 55+
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.

Andalucia Villas

The Eleanor at Rio Rancho

Canon de Arrowhead

Marbella-Income Restricted Waitlist

Adobe Manor Apartments

Route 66 Headquarters

El Campo Apartments

Volcanes Commons

Tierra Pointe

Ceja Vista Senior 55+
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.

Welcome Home To Rio Volcan!

556 Apache Loop SW

3441 Martin Meadows Dr NE

21 Corsica Dr SE

728 Nicklaus Dr SW

Phoenix Apartments: Rises Above the Rest!

8401 Winter Sage Rd SW

1604 Corriz Dr SW

874 Baltic Ave SE

1900 Cielo Oeste Pl NW
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Grants, NM Local Guide

How much does it cost to rent an apartment in Grants?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grants Studio Apartments | $1,432 | $840 | $1,917 |
| Grants 1 Bedroom Apartments | $1,512 | $439 | $2,257 |
| Grants 2 Bedroom Apartments | $1,842 | $800 | $3,995 |
| Grants 3 Bedroom Apartments | $2,425 | $1,150 | $3,965 |
| Grants 4 Bedroom Apartments | $3,323 | $1,300 | $3,763 |
Browse Top Apartments in Grants
See all Apartments in GrantsExplore Grants
Grants, NM Local Guide
- Nearby Cities
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Cheapest Available Grants Apartments for Rent and Nearby
 The cheapest available apartment rental in Grants, NM is a 1 Bed unit found at Generations at West Mesa in the Ironhorse at El Rancho Grande neighborhood priced from $439. Tierra Pointe in the Ironhorse at El Rancho Grande neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $919. Here is today’s list of the most affordable Grants apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Generations at West Mesa | One Bedroom 584 Sq Ft | 1BR,1BA | $439 |
| Tierra Pointe | S1 | Studio,1BA | $919 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
| Villa Hermosa | The Pueblo | 2BR,1BA | $1,050 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1,154 |
| Stride West | a10a | 1BR,1BA | $1,179 |
| Aydan | Pinon Renovated | 1BR,1BA | $1,197 |
| Puerta Del Sol | The Barcelona | 1BR,1BA | $1,199 |
| Taylor Ridge Apartments | Two Bedroom One Bath | 2BR,1BA | $1,200 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1,235 |
Best Value Apartments for Rent in Grants, NM and Nearby
As of May 05, 2026 the best value apartment in the Grants area is the $1.67 price per square foot Verdant Model at Via Verde in the in the Paradise Hills neighborhood starting from $2,235. The second greatest value Grants apartment is the Three Bedroom Model at Taylor Ridge Apartments starting at $1,600 with a $1.28 price per square foot in the Southwest Quadrant neighborhood. Here is today’s list of the best values for Grants apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Via Verde | Verdant | 2BR,2.5BA | $1.67 |
| Taylor Ridge Apartments | Three Bedroom | 3BR,2BA | $1.28 |
| Via Vista Apartment Community | Citrine Reno | 2BR,2BA | $1.56 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| Villa Hermosa | The Pueblo | 2BR,1BA | $1.19 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.71 |
| Circ | Madison | 1BR,1BA | $1.71 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.48 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1.72 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.38 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Best Local Schools in Grants, NM
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Grants, NM Rentals by Map
See the most popular apartments and homes in Grants, NM
Frequently Asked Questions about Cheap Grants Apartments
How much is rent for a Cheap One Bedroom Grants Apartment?
The lowest price for a Cheap One Bedroom Grants Apartment is $439 at Generations at West Mesa.
What is the lowest price for a Cheap Two Bedroom Grants Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Grants is starting from $928 at Tierra Pointe.
What is the most affordable Grants Three Bedroom Apartment?
The best deal on a cheap Grants Three Bedroom Apartment rental is at Tierra Pointe and starts from $1,326.
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.