Cheap Apartments for Rent in Las Cruces, NM from $300 (84 Rentals)

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Search the lowest-cost Apartments available for rent right now in Las Cruces.

property at 1116 Plain St

$725

1 Bedroom Rentals

Available May 1

1116 Plain St

Las CrucesNM88001
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Telshor Apartments
$730 - $900
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$730 - $900

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$730 - $900
1 to 3 Bedroom Apartments Available Now

Telshor Apartments

999 S Telshor BlvdLas Cruces, NM 88011
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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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 940 E Court Ave

$1,220

2 Bedroom, 2 Bath Rentals

Available May 1

940 E Court Ave

Las CrucesNM88001

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.

Las Cruces, NM Local Guide

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Cheapest Neighborhoods for Apartments in Las Cruces, NM

Pricing Updated: 04/28/2026

Current apartment rentals in the Las Cruces, NM area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Las Cruces Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Las Cruces$1,087$47420

Cheapest Available Las Cruces Apartments for Rent

 

The cheapest available apartment rental in Las Cruces, NM is a 1 Bed unit found at Mira Vista Villas Senior Living in the Downtown Las Cruces neighborhood priced from $474. Casitas at 805 N 17Th St. in the Downtown Las Cruces neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here is today’s list of the most affordable Las Cruces apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mira Vista Villas Senior LivingOne Bedroom/1 Bath1BR,1BA$474
Casitas at 805 N 17Th St.StudioStudio,1BA$695
Mountain Springs Pointe1 Bedroom1BR,1BA$750
Presidio Apartments2 Bedroom2BR,1BA$750
Buena Vida1 Bedroom 1 Bath1BR,1BA$770
340 Las CrucesPeaceful courtyard1BR,1BA$785
1655 S MainContemporary StudiosStudio,1BA$785
Peachtree Canyon Apartments1 Bed, 1 bath1BR,1BA$795
OMNI-Centre SquareOne Bedroom1BR,1BA$825
Woodcrest Apartments1 Bedroom1BR,1BA$835

Best Value Apartments for Rent in Las Cruces, NM

As of April 28, 2026 the best value apartment in the Las Cruces area is the $0.89 price per square foot CG 2 bedroom 1 bath Model at Colony Mesa Apartments in the starting from $960. The second greatest value Las Cruces apartment is the 2bed 2bath Model at Wyndchase Apartments starting at $1,160 with a $1.16 price per square foot in the Downtown Las Cruces neighborhood. Here is today’s list of the best values for Las Cruces apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Colony Mesa ApartmentsCG 2 bedroom 1 bath2BR,1BA$0.89
Wyndchase Apartments2bed 2bath2BR,2BA$1.16
The Miranda2bd/2ba2BR,1.5BA$0.93
Telshor Apartments3 Bedroom3BR,2BA$0.99
Regency Pointe ApartmentsThe Royale2BR,1BA$1.13
1014 Elm St, Unit UNIT # B1014 Elm St2BR,1BA$1.12
2245 Bex St, Unit D2245 Bex St2BR,2BA$1.12
Alta Tierra2 Bedrooms2BR,1BA$1.14
Presidio Apartments2 Bedroom2BR,1BA$1.00
Mira Vista Villas Senior LivingOne Bedroom/1 Bath1BR,1BA$0.78

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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.

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Las Cruces Overview

As an economic and geographic center, Las Cruces is home to many historical, economic and cultural backdrops. It has never been a better time to rent Las Cruces apartments as the unique combination of these three makes it a very exciting place to live as well as a city on the rise with a lot of future potential growth. 

Why live in Las Cruces, NM?

Las Cruces is a fantastic place to live if you are looking for that Southwest lifestyle. Desert and mountain views, outdoor adventure, and proximity to other Southwest cities like El Paso and Albuquerque, makes Las Cruces a little oasis for many.

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

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Las Cruces, NM Area Reviews

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linda4+ years in Las Cruces

March 1, 2026

good for people who like to be on the sports 🏈 team

Frequently Asked Questions about Cheap Las Cruces Apartments

What is a cheap apartment in Las Cruces?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Las Cruces is under $835.

What is the price of a cheap apartment in Las Cruces?

The cheapest apartment in Las Cruces is Mira Vista Villas Senior Living which is listed at $474, while the average apartment in Las Cruces costs $1,087.

What types of apartments are the cheapest in Las Cruces?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Las Cruces that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Las Cruces?

Cheap apartments in Las Cruces have an average cost of $397 which is $690 cheaper than the average rent for all rentals in Las Cruces.

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

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.