Cheap Apartments for Rent in the Downtown Las Cruces Neighborhood of Las Cruces, NM from $437 (39 Rentals)

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

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

Base Rent$1,000
Total Monthly Price$1,000
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1323 S Almendra St, Unit B

1323 S Almendra St
Las CrucesNM88001
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property at 1190 3rd St
$1,025

Total Monthly Price

Base Rent$1,025
Total Monthly Price$1,025
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1190 3rd St

Las CrucesNM88005
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Puerta del Sol
1 to 2 Bedroom Apartments

Puerta del Sol

505 W Griggs AveLas Cruces, NM 88005
  • Utilities Included

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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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
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Valley Verde
2 to 4 Bedroom Apartments

Valley Verde

1751 W Hadley AveLas Cruces, NM 88005
  • Smoke Free

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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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
Showing Results 1-39, 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$795
The Miranda1bd/1ba1BR, 1BA$850
Alta Tierra2 Bedrooms2BR, 1BA$892
700 California Ave2 Bedroom2BR, 1BA$995
Mira VistaOne Bedroom, One Bath1BR, 1BA$1,005
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 September 19, 2026 the best value apartment in the Downtown Las Cruces area is the $1.38 price per square foot 2BR/2.0BA Model at Montana Apartments in the Downtown Las Cruces neighborhood starting from $1,425. The second greatest value Downtown Las Cruces apartment is the 2bed 2bath Model at Wyndchase Apartments in the Downtown Las Cruces neighborhood starting at $1,160 with a $1.16 price per square foot. 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.
Montana Apartments2BR/2.0BA2BR, 2BA$1.38
Wyndchase Apartments2bed 2bath2BR, 2BA$1.16
700 California Ave2 Bedroom2BR, 1BA$1.17
2609 Dona Ana Rd2609 Dona Ana Rd1BR, 1BA$1.20
Alta Tierra2 Bedrooms2BR, 1BA$1.14
The Miranda1bd/1ba1BR, 1BA$1.31
Mira VistaOne Bedroom, One Bath1BR, 1BA$1.91
Mountain Springs Pointe1 Bedroom1BR, 1BA$1.47
1655 S MainContemporary StudiosStudio, 1BA$2.45
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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 Mountain Springs Pointe which is listed at $750, while the average apartment in Downtown Las Cruces costs $981.

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

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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.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.