
Apartments for Rent in Las Cruces, NM Under $500 (7 Rentals)


Sunset Peak Apartments

Puerta del Sol
The Art of the Rental Viewing: What to look for during a property tour
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Montana Senior Village I & II

St. Genevieves Village Senior Apartments

Elli Apartments
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.

Three Sisters Apts - Income Restrictions
Las Cruces, NM Local Guide

How much does it cost to rent an apartment in Las Cruces?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Las Cruces Studio Apartments Under $500 | $808 | $650 | $1,049 |
| Las Cruces 1 Bedroom Apartments Under $500 | $1,132 | $474 | $2,032 |
| Las Cruces 2 Bedroom Apartments Under $500 | $1,339 | $721 | $2,550 |
| Las Cruces 3 Bedroom Apartments Under $500 | $1,702 | $690 | $4,819 |
| Las Cruces 4 Bedroom Apartments Under $500 | $915 | $915 | $915 |
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Las Cruces, NM Local Guide
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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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 Las Cruces, NM
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Las Cruces, NM Area Reviews
linda • 4+ years in Las Cruces
March 1, 2026good for people who like to be on the sports 🏈 team
Frequently Asked Questions about Las Cruces
What is the current price range for One Bedroom Las Cruces Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Las Cruces ranges from $474 to $2,032 with an average monthly rent of $1,132.
What does renting a Two Bedroom Apartment in Las Cruces cost?
The monthly rent prices of Two Bedroom Apartments currently available in Las Cruces range from $721 to $2,550. Today's average rental price for Two Bedrooms here is $1,339.
How expensive are Las Cruces Three Bedroom Apartments?
There are currently 57 Three Bedroom Apartments listings available in Las Cruces on ApartmentHomeLiving.com. The pricing ranges from $690 to $4,819 - averaging $1,702 for the location.
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

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.

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.

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.

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.