Cheap Apartments for Rent in Lake Arthur, NM from $400 (6 Rentals)

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

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.

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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.

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Lake Arthur, NM Local Guide

Cheapest Available Lake Arthur Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Arthur, NM is a 1 Bed unit found at Roselawn Manor priced from $422. Sierra Vista Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Lake Arthur apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Roselawn ManorOne Bedroom1BR,1BA$422
Sierra Vista Village1B/1B Flat1BR,1BA$650
Mirador Apartments1 BEDROOM1BR,1BA$700

Best Value Apartments for Rent in Lake Arthur, NM and Nearby

As of June 13, 2025 the best value apartment in the Lake Arthur area is the $1.22 price per square foot Two Bedroom Model at Tia Maria in the starting from $1,100. The second greatest value Lake Arthur apartment is the 2 Bed, 1 Bath Model at Villas of Briar Ridge starting at $1,063 with a $1.23 price per square foot . Here is today’s list of the best values for Lake Arthur apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tia MariaTwo Bedroom2BR,1BA$1.22
Villas of Briar Ridge2 Bed, 1 Bath2BR,1BA$1.23
EMLI Artesia: Income Qualify TodayOne Bedroom - 60% Tax Credit1BR,1BA$1.28
Vista del SolOne Bedroom1BR,1BA$1.53
Yucca Flats ApartmentsOne Bedroom1BR,1BA$1.43
Eagle CreekOne Bedroom1BR,1BA$1.54
Pueblo ChamisaLea - One Bedroom1BR,1BA$1.19
Sierra Vista Village2B/1B1BR,1BA$1.42
Roselawn ManorOne Bedroom1BR,1BA$0.72
Mesa Verde - FREE UtilitiesOne Bedroom1BR,1BA$1.33

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

Explore Lake Arthur, NM Rentals by Map

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See the most popular apartments and homes in Lake Arthur, NM

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Getting Around Lake Arthur, NM

Walk Score®

2 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lake Arthur Apartments

How much is rent for a Cheap One Bedroom Lake Arthur Apartment?

The lowest price for a Cheap One Bedroom Lake Arthur Apartment is $422 at Roselawn Manor.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lake Arthur is starting from $500 at Roselawn Manor.

What is the most affordable Lake Arthur Three Bedroom Apartment?

The best deal on a cheap Lake Arthur Three Bedroom Apartment rental is at Mesa Verde - FREE Utilities and starts from $1,073.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.