
Cheap Apartments for Rent in Grants, NM from $400 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Grants.


Bluewater Village

The Beach

Villa Hermosa

Mesa Ridge Apartments

Tierra Linda

Total Monthly Price
Taylor Ranch

Total Monthly Price
Entrada Pointe
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.

Del Rio Apartments

45 Baca

Taylor Ridge Apartments

Total Monthly Price
Aydan

Total Monthly Price
The Aubry

Puerta Del Sol

Total Monthly Price
Stride West

Total Monthly Price
Circ
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.

Eagle Ranch Apartments

Total Monthly Price
Diamond Mesa

Resort at Sandia Village

Villas @ Rio

Monterey Place

The Dillon Luxury Apartments

Wintergreen Apartments

Via Vista Apartment Community
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.

Total Monthly Price
Overture Andalucia 55+ Active Adult Apartment Homes

Andalucia Villas

Total Monthly Price
Cantata at the Trails

Q @ Bosque Trail

Canon de Arrowhead

Marbella-Income Restricted Waitlist

Adobe Manor Apartments

Route 66 Headquarters
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.

El Campo Apartments

Tierra Pointe

Volcanes Commons

Ceja Vista Senior 55+

Welcome Home To Rio Volcan!

Generations at West Mesa

Phoenix Apartments

628 Pontiac Dr SW
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.

915 Blackbird Dr SW

11012 Hackamore Ave SW

9623 Gemstone Rd SW
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 | $1,394 | $840 | $1,826 |
| Grants 1 Bedroom Apartments | $1,491 | $785 | $2,079 |
| Grants 2 Bedroom Apartments | $1,779 | $895 | $3,523 |
| Grants 3 Bedroom Apartments | $2,192 | $1,150 | $3,930 |
| Grants 4 Bedroom Apartments | $2,927 | $1,300 | $3,683 |
Browse Top Apartments in Grants
See all Apartments in GrantsExplore Grants
Grants, NM Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Grants Apartments for Rent and Nearby
 The cheapest available apartment rental in Grants, NM is a Studio unit found at Tierra Pointe in the Ironhorse at El Rancho Grande neighborhood priced from $887. Welcome Home To Rio Volcan! in the Rancho Encantado neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $964. Here is today’s list of the most affordable Grants apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tierra Pointe | S1 | Studio,1BA | $887 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
| Villa Hermosa | The Pueblo | 2BR,1BA | $1,013 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1,031 |
| Tierra Linda | A1 | 1BR,1BA | $1,088 |
| Mesa Ridge Apartments | The Sage | 1BR,1BA | $1,089 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1,154 |
| Taylor Ranch | Birch | 1BR,1BA | $1,189 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1,199 |
| Taylor Ridge Apartments | Two Bedroom One Bath | 2BR,1BA | $1,200 |
Best Value Apartments for Rent in Grants, NM and Nearby
As of August 09, 2026 the best value apartment in the Grants area is the $1.59 price per square foot Verdant 2-Car Garage Attached Model at Via Verde in the in the Paradise Hills neighborhood starting from $2,135. 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 2-Car Garage Attached | 2BR,2.5BA | $1.59 |
| Taylor Ridge Apartments | Three Bedroom | 3BR,2BA | $1.28 |
| Resort at Sandia Village | 3bed 2 bath | 3BR,2BA | $1.58 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.34 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1.67 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.38 |
| Villa Hermosa | The Aztec | 1BR,1BA | $1.53 |
| Tierra Linda | A1 | 1BR,1BA | $1.61 |
| Mesa Ridge Apartments | The Sage | 1BR,1BA | $1.67 |
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.
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 $964 at Welcome Home To Rio Volcan!.
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 $1,013 at Villa Hermosa.
What is the most affordable Grants Three Bedroom Apartment?
The best deal on a cheap Grants Three Bedroom Apartment rental is at Canon de Arrowhead and starts from $1,331.
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

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.

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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.