Cheap Apartments for Rent in the Downtown Las Cruces Neighborhood of Las Cruces, NM from $300 (46 Rentals)

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

property at 1804 Clark Rd

$725

Total Monthly Price

Total Monthly Price

Base Rent
$725
Total Monthly Price
$725

1 Bedroom, 1 Bath Townhome for Rent

Available Aug 1

1804 Clark Rd

Las CrucesNM88007
property at 1116 Plain St

$725

1 Bedroom Rentals

Available Now

1116 Plain St

Las CrucesNM88001
property at 908 Foster Rd

$750

1 Bedroom Rentals

Available Now

908 Foster Rd

Las CrucesNM88001

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.

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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.

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property at 1323 S Almendra St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

1323 S Almendra St, Unit B

1323 S Almendra St
Las CrucesNM88001
property at 306 S San Pedro St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

306 S San Pedro St

Las CrucesNM88001

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.

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Puerta del Sol
1 to 2 Bedroom Apartments

Puerta del Sol

505 W Griggs AveLas Cruces, NM 88005
  • Utilities Included
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340 Las Cruces
1 Bedroom Apartments

340 Las Cruces

340-344 E Las Cruces AveLas Cruces, NM 88001
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Espina Apartments
1 to 2 Bedroom Apartments

Espina Apartments

2105 S Espina StLas Cruces, NM 88001
  • Utilities Included

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.

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Valley Verde
2 to 4 Bedroom Apartments

Valley Verde

1751 W Hadley AveLas Cruces, NM 88005
  • Smoke Free
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NMSU Miltons Place Apts!
1 to 2 Bedroom Apartments

NMSU Miltons Place Apts!

2125 S Espina StLas Cruces, NM 88001
Student Housing
  • Utilities Included
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NMSU Casabella
1 to 2 Bedroom Apartments

NMSU Casabella

2306 S Espina StLas Cruces, NM 88001
  • Utilities Included
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Montana Meadows
1 Bedroom Apartments

Montana Meadows

201 Montana AveLas Cruces, NM 88005
Senior Living
  • Utilities Included

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.

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Showing Results 1-46, Page 1 of 1

Downtown Las Cruces, Las Cruces, NM Local Guide

Cheapest Available Downtown Las Cruces Apartments for Rent

 

The cheapest available apartment rental in the Downtown Las Cruces area of Las Cruces, NM is a Studio unit found at Casitas at 805 N 17Th St. priced from $695. Mountain Springs Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here are the most affordable Downtown Las Cruces apartments for rent in Las Cruces, NM:

Apartment ListingModel NameBed/BathPriced From
Casitas at 805 N 17Th St.StudioStudio,1BA$695
Mountain Springs Pointe1 Bedroom1BR,1BA$750
1655 S MainContemporary StudiosStudio,1BA$785
Mira VistaOne Bedroom, One Bath1BR,1BA$818
Alta Tierra2 Bedrooms2BR,1BA$892
700 California Ave2 Bedroom2BR,1BA$995
Wyndchase Apartments2bed 2bath2BR,2BA$1,160
Montana Apartments2BR/2.0BA2BR,2BA$1,425

Best Value Apartments for Rent in Downtown Las Cruces, NM

As of July 31, 2026 the best value apartment in the Downtown Las Cruces area is the $1.36 price per square foot Three Bedroom 1117 SF market rate Model at Los Altos in the in the Downtown Las Cruces neighborhood starting from $1,520. The second greatest value Downtown Las Cruces apartment is the 2BR/2.0BA Model at Montana Apartments starting at $1,425 with a $1.38 price per square foot in the Downtown Las Cruces neighborhood. Here is today’s list of the best values for Downtown Las Cruces apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Los AltosThree Bedroom 1117 SF market rate3BR,2BA$1.36
Montana Apartments2BR/2.0BA2BR,2BA$1.38
Wyndchase Apartments2bed 2bath2BR,2BA$1.16
700 California Ave2 Bedroom2BR,1BA$1.17
1802 Missouri Ave, Unit B1802 Missouri Ave2BR,2BA$1.09
Alta Tierra2 Bedrooms2BR,1BA$1.14
Mira VistaOne Bedroom, One Bath1BR,1BA$1.91
Mountain Springs Pointe1 Bedroom1BR,1BA$1.47
1655 S MainContemporary StudiosStudio ,1BA$2.42
Casitas at 805 N 17Th St.StudioStudio ,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.

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Real 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.

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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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Pet Friendly Lifestyle
Downtown Las Cruces, Las Cruces, NM

Ranked #1

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Downtown Las Cruces, Las Cruces, NM

School data provided by Great Schools

Frequently Asked Questions about Cheap Downtown Las Cruces Apartments

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

The cheapest apartment in Downtown Las Cruces is Mountain Springs Pointe which is listed at $750, while the average apartment in Downtown Las Cruces costs $1,075.

What types of apartments are the cheapest in Downtown 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 5 regular apartments in Downtown Las Cruces that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.