
Cheap Homes for Rent near Hanover, NM from $900 (4 Rentals)
Search the lowest-cost Homes available for rent right now in Hanover.


1021 Wiley Ave
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.

6018 Tannahill Dr

6529 Justin Ln
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.
Hanover, NM Local Guide

How much does it cost to rent a home in Hanover?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hanover 2 Bedroom Homes for Rent | $2,250 | $2,250 | $2,250 |
| Hanover 3 Bedroom Homes for Rent | $1,768 | $900 | $2,800 |
| Hanover 4 Bedroom Homes for Rent | $1,900 | $1,500 | $2,500 |
Explore Hanover
Hanover, NM Local Guide
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Best Value Apartments for Rent in Hanover, NM and Nearby
As of July 30, 2026 the best value apartment in the Hanover area is the $1.58 price per square foot 478 Model at Morgan St in the starting from $950. The second greatest value Hanover apartment is the Studio Model at Casitas at 805 N 17Th St. starting at $695 with a $2.23 price per square foot in the Downtown Las Cruces neighborhood. Here is today’s list of the best values for Hanover apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Morgan St | 478 | 1BR,1BA | $1.58 |
| Casitas at 805 N 17Th St. | Studio | Studio ,1BA | $2.23 |
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 Hanover, NM Rentals by Map
See the most popular apartments and homes in Hanover, NM
Frequently Asked Questions about Hanover
What type of rentals are currently available in Hanover?
There are currently 3 Apartments for Rent in Hanover, NM with pricing that ranges from $750 to $950. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hanover ranging from $900 to $2,800.
What is the current price range for Rental Homes in Hanover?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hanover ranges from $900 to $2,800 with an average monthly rent of $1,972.
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.