Cheap Apartments for Rent in Las Vegas, NM from $300 (57 Rentals)

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

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Gallinas Valley
1 to 3 Bedroom Apartments

Gallinas Valley

2612 7th StLas Vegas, NM 87701
  • Utilities Included

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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Copper Hills
Rent Specials
$1,049 - $1,253
Total Monthly Price

Total Monthly Price

Base Rent
$1,049 - $1,253
Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Copper Hills

4200 Spanish Bit NEAlbuquerque, NM 87111
Affordability
  • Verified
  • Customer Reviewed
  • Low Income

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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The Mica
$1,393 - $2,197
Total Monthly Price

Total Monthly Price

Base Rent
$1,393 - $2,197
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1 to 3 Bedroom Apartments Available Now

The Mica

825 Calle MejiaSanta Fe, NM 87501
Affordability
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  • Customer Reviewed
  • 3D Tour
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Local 1896
$1,367 - $1,772
Total Monthly Price

Total Monthly Price

Base Rent
$1,367 - $1,772
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1 to 3 Bedroom Apartments Available Now

Local 1896

1896 Lorca DrSanta Fe, NM 87505
Furnished
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  • Customer Reviewed
  • 3D Tour
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Cresta Ranch
$1,443 - $2,227
Total Monthly Price

Total Monthly Price

Base Rent
$1,443 - $2,227
Total Monthly Price
$1,443 - $2,227
2 to 3 Bedroom Apartments Available Now

Cresta Ranch

48 Raptor RdSanta Fe, NM 87508
Eco-Friendly
  • Verified
  • Low Income
  • Smoke Free

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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Turquesa
Rent Specials
$1,594 - $2,718
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Total Monthly Price

Base Rent
$1,594 - $2,718
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Varies
1 to 3 Bedroom Apartments Available Now

Turquesa

4700 Wagon RdSanta Fe, NM 87507
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  • 3D Tour
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Solwyn
Rent Specials
$1,644 - $2,709
Total Monthly Price

Total Monthly Price

Base Rent
$1,644 - $2,709
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Solwyn

5520 Wellness WaySanta Fe, NM 87507
Affordability
  • Verified
  • 3D Tour

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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South Meadows
Rent Specials
$1,646 - $2,656
Total Monthly Price

Total Monthly Price

Base Rent
$1,646 - $2,656
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

South Meadows

2800 S Meadows RdSanta Fe, NM 87507
Affordability
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  • Customer Reviewed
  • 3D Tour
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Arcadia
Rent Specials
$1,683 - $2,962
Total Monthly Price

Total Monthly Price

Base Rent
$1,683 - $2,962
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Arcadia

5300 Las Soleras DrSanta Fe, NM 87507
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  • Customer Reviewed
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Madera Apartments
$1,725 - $2,757
Total Monthly Price

Total Monthly Price

Base Rent
$1,725 - $2,757
Total Monthly Price
$1,725 - $2,757
1 to 3 Bedroom Apartments Available Now

Madera Apartments

2525 S Meadows RdSanta Fe, NM 87507
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Allaso High Desert
Rent Specials
$1,814 - $2,854
Total Monthly Price

Total Monthly Price

Base Rent
$1,814 - $2,854
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Allaso High Desert

6701 Tennyson St NEAlbuquerque, NM 87111
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  • Customer Reviewed
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Casa Loma Apartments
Studio to 3 Bedroom Apartments

Casa Loma Apartments

100 Rio Vista PlSanta Fe, NM 87501
Corporate Housing

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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Las Vegas, NM Local Guide

Cheapest Available Las Vegas Apartments for Rent and Nearby

 

The cheapest available apartment rental in Las Vegas, NM is a 1 Bed unit found at Tierra Montosa priced from $353. Ochenta Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $739. Here is today’s list of the most affordable Las Vegas apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tierra Montosa1 Bedroom1BR,1BA$353
Ochenta Apartments2 Bedrooms2BR,1BA$739
El Cerrito2 BR2BR,1BA$749
Myrtle Apartments - All Utilities IncludedStudioStudio,1BA$900
Casitas Del BellaEfficiency w/ stove topStudio,1BA$925
Santa Fe SuitesStudioStudio,1BA$950
Sierra Blanca Senior LivingStudioStudio,1BA$1,100
Copper Hills2x12BR,1BA$1,103
Vista Alegre ApartmentsStudio, 1 BathStudio,1BA$1,173
Elevate at OsloStudio - 325Studio,1BA$1,295

Best Value Apartments for Rent in Las Vegas, NM and Nearby

As of August 08, 2026 the best value apartment in the Las Vegas area is the $1.99 price per square foot San Juan Model at South Meadows in the in the Pueblos Del Sol neighborhood starting from $2,656. The second greatest value Las Vegas apartment is the 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta starting at $2,464 with a $1.87 price per square foot in the Tiempo Lindo neighborhood. Here is today’s list of the best values for Las Vegas apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
South MeadowsSan Juan3BR,2BA$1.99
The Bluffs at Tierra Contenta4 Bedroom 2 Bathroom4BR,2BA$1.87
El Cerrito2 BR2BR,1BA$0.77
Ochenta Apartments2 Bedrooms2BR,1BA$0.97
Copper Hills2x12BR,1BA$1.23
Allegro at Tanoan1 Bedroom 1 Bath1BR,1BA$1.63
Coronado Townhomes2x22BR,2BA$1.95
Local 18961x1ArT1 - 1X1 Renovated1BR,1BA$1.82
Altezza High DesertMontalto1BR,1BA$1.91
Tierra Montosa1 Bedroom1BR,1BA$0.49

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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Remember the 3 Rules of Real Estate:
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Las Vegas, NM Area Reviews

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Dennis • 1+ years in Las Vegas

February 25, 2025

The ad said empty apartments to rent for almost nothing.where are they

Frequently Asked Questions about Cheap Las Vegas Apartments

What is the Cheapest Studio apartment in Las Vegas?

Currently the most affordable Cheap Studio Apartment in Las Vegas is at Myrtle Apartments - All Utilities Included listed at $900.

How much is rent for a Cheap One Bedroom Las Vegas Apartment?

The lowest price for a Cheap One Bedroom Las Vegas Apartment is $353 at Tierra Montosa.

What is the lowest price for a Cheap Two Bedroom Las Vegas Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Las Vegas is starting from $739 at Ochenta Apartments.

What is the most affordable Las Vegas Three Bedroom Apartment?

The best deal on a cheap Las Vegas Three Bedroom Apartment rental is at Cresta Ranch and starts from $1,658.

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.

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.

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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.