Cheap Apartments for Rent in the Downtown Las Cruces Neighborhood of Las Cruces, NM from $300 (36 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 1116 Plain St

$725

1 Bedroom Rentals

Available Now

1116 Plain St

Las CrucesNM88001

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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property at 2190 Bex St

$825

2 Bedroom Rentals

Available Now

2190 Bex St

Las CrucesNM88005

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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Puerta del Sol
1 to 2 Bedroom Apartments

Puerta del Sol

505 W Griggs AveLas Cruces, NM 88005
  • Utilities Included
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Espina Apartments
1 to 2 Bedroom Apartments

Espina Apartments

2105 S Espina StLas Cruces, NM 88001
  • Utilities Included

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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 Apartments
1 to 2 Bedroom Apartments

Montana Apartments

290 Montana AveLas Cruces, NM 88005
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Montana Meadows
1 Bedroom Apartments

Montana Meadows

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

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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Showing Results 1-36, 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. Presidio Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. 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
Presidio Apartments1 Bedroom1BR,1BA$700
Mountain Springs Pointe1 Bedroom1BR,1BA$750
1655 S MainContemporary StudiosStudio,1BA$785
340 Las CrucesPeaceful courtyard1BR,1BA$785
Mira VistaOne Bedroom, One Bath1BR,1BA$818
Alta Tierra2 Bedrooms2BR,1BA$892
The Miranda2bd/2ba2BR,1BA$925
700 California Ave2 Bedroom2BR,1BA$995
Montana Apartments1BR/1.0BA1BR,1BA$1,090

Best Value Apartments for Rent in Downtown Las Cruces, NM

As of June 16, 2026 the best value apartment in the Downtown Las Cruces area is the $1.16 price per square foot 2bed 2bath Model at Wyndchase Apartments in the in the Downtown Las Cruces neighborhood starting from $1,160. The second greatest value Downtown Las Cruces apartment is the 2bd/2ba Model at The Miranda starting at $925 with a $0.93 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.
Wyndchase Apartments2bed 2bath2BR,2BA$1.16
The Miranda2bd/2ba2BR,1.5BA$0.93
700 California Ave2 Bedroom2BR,1BA$1.17
Alta Tierra2 Bedrooms2BR,1BA$1.14
Montana Apartments1BR/1.0BA1BR,1BA$1.72
340 Las CrucesPeaceful courtyard1BR,1BA$1.32
Presidio Apartments1 Bedroom1BR,1BA$1.27
Mira VistaOne Bedroom, One Bath1BR,1BA$1.56
Mountain Springs Pointe1 Bedroom1BR,1BA$1.47
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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Quick 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.

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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

4.0
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 Presidio Apartments which is listed at $700, 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 2 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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.