
Cheap Apartments for Rent in Grants, NM from $400 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in Grants.


Sunray Lobo Canyon

Bluewater Village

The Beach

Tierra Linda Apartments

Villa Hermosa

Mesa Ridge Apartments

Total Monthly Price
Taylor Ranch

Taylor Ridge Apartments

Puerta Del Sol
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.

Del Rio Apartments

City View

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Stride West

Eagle Ranch Apartments

Total Monthly Price
The Aubry

Total Monthly Price
Entrada Pointe

Total Monthly Price
Aydan

Total Monthly Price
Circ

Resort at Sandia Village

Villas @ Rio
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.

Total Monthly Price
Cantata at the Trails

Monterey Place

Via Vista Apartment Community

The Dillon Luxury Apartments

The Eleanor at Rio Rancho

Total Monthly Price
Diamond Mesa

Wintergreen Apartments

Total Monthly Price
Overture Andalucia 55+ Active Adult Apartment Homes

Andalucia Villas

Affinity at Albuquerque 55+
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.

Canon de Arrowhead

Marbella-Income Restricted Waitlist

Adobe Manor Apartments

Route 66 Headquarters

El Campo Apartments

Tierra Pointe

Volcanes Commons

Ceja Vista Senior 55+

Welcome Home To Rio Volcan!

Generations at West Mesa
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.

Phoenix Apartments

4301 Riley Rd SW

21 Corsica Dr SE

6041 Sequoia Rd NW

2834 Estrella Brillante St NW

874 Baltic Ave SE

8401 Casa Negra Ct NW

10540 Calle Merida NW

10008 Cartagena Ave SW

10804 Four Mile Rd SW
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.
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 | $1,401 | $840 | $1,967 |
| Grants 1 Bedroom Apartments | $1,481 | $785 | $2,079 |
| Grants 2 Bedroom Apartments | $1,808 | $800 | $3,523 |
| Grants 3 Bedroom Apartments | $2,414 | $1,150 | $3,930 |
| Grants 4 Bedroom Apartments | $3,174 | $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 Studio unit found at Tierra Pointe in the Ironhorse at El Rancho Grande neighborhood priced from $905. 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 | $905 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
| Tierra Linda Apartments | A1 | 1BR,1BA | $994 |
| Villa Hermosa | The Pueblo | 2BR,1BA | $1,033 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1,050 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1,154 |
| Mesa Ridge Apartments | The Rose | 1BR,1BA | $1,169 |
| Taylor Ranch | Birch | 1BR,1BA | $1,189 |
| Taylor Ridge Apartments | Two Bedroom One Bath | 2BR,1BA | $1,200 |
| Puerta Del Sol | The Barcelona | 1BR,1BA | $1,249 |
Best Value Apartments for Rent in Grants, NM and Nearby
As of June 21, 2026 the best value apartment in the Grants area is the $1.28 price per square foot Three Bedroom Model at Taylor Ridge Apartments in the in the Southwest Quadrant neighborhood starting from $1,600. The second greatest value Grants apartment is the Ballard Model at Circ starting at $1,901 with a $1.59 price per square foot in the Sunrise Village at Northern Meadows 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. |
|---|---|---|---|
| Taylor Ridge Apartments | Three Bedroom | 3BR,2BA | $1.28 |
| Circ | Ballard | 3BR,2BA | $1.59 |
| Monterey Place | Two Bedroom - Two Bath | 2BR,2BA | $1.59 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| The Aubry | A7 | 1BR,1BA | $1.59 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.37 |
| Tierra Linda Apartments | A1 | 1BR,1BA | $1.36 |
| Mesa Ridge Apartments | The Rose | 1BR,1BA | $1.61 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.38 |
| Villa Hermosa | The Aztec | 1BR,1BA | $1.52 |
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 $1,034 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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.