Cheap Apartments for Rent in Las Vegas, NM from $300 (53 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

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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Copper Hills
Rent Specials
$949 - $1,253
Total Monthly Price

Total Monthly Price

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$949 - $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

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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Local 1896
$1,341 - $1,970
Total Monthly Price

Total Monthly Price

Base Rent
$1,341 - $1,970
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Local 1896

1896 Lorca DrSanta Fe, NM 87505
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
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South Meadows
Rent Specials
$1,481 - $2,795
Total Monthly Price

Total Monthly Price

Base Rent
$1,481 - $2,795
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

South Meadows

2800 S Meadows RdSanta Fe, NM 87507
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Turquesa
Rent Specials
$1,594 - $2,678
Total Monthly Price

Total Monthly Price

Base Rent
$1,594 - $2,678
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Turquesa

4700 Wagon RdSanta Fe, NM 87507
Affordability
  • Verified
  • 3D Tour
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Allaso High Desert
Rent Specials
$1,638 - $2,904
Total Monthly Price

Total Monthly Price

Base Rent
$1,638 - $2,904
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1 to 3 Bedroom Apartments Available Now

Allaso High Desert

6701 Tennyson St NEAlbuquerque, NM 87111
Furnished
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  • Customer Reviewed
  • 3D Tour
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Solwyn
Rent Specials
$1,644 - $2,679
Total Monthly Price

Total Monthly Price

Base Rent
$1,644 - $2,679
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Solwyn

5520 Wellness WaySanta Fe, NM 87507
Affordability
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  • 3D Tour
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The Mica
$1,695 - $2,514
Total Monthly Price

Total Monthly Price

Base Rent
$1,695 - $2,514
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Mica

825 Calle MejiaSanta Fe, NM 87501
Eco-Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Casa Loma Apartments
Studio to 3 Bedroom Apartments

Casa Loma Apartments

100 Rio Vista PlSanta Fe, NM 87501
Corporate Housing

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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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. Cresta Ranch Apartments in the Tiempo Lindo neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $738. Here is today’s list of the most affordable Las Vegas apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tierra Montosa1 Bedroom1BR,1BA$353
Cresta Ranch ApartmentsTwo Bedroom - 30% AMI2BR,2BA$738
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
Copper Hills1x11BR,1BA$949
Sierra Blanca Senior LivingStudioStudio,1BA$1,100
Vista Alegre ApartmentsStudio, 1 BathStudio,1BA$1,236
Elevate at OsloStudio - 325Studio,1BA$1,275

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

As of June 24, 2026 the best value apartment in the Las Vegas area is the $1.82 price per square foot 2x2ArT1 - 2X2 Renovated Model at Local 1896 in the in the Pueblos Del Sol neighborhood starting from $1,915. The second greatest value Las Vegas apartment is the 2 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta starting at $1,699 with a $1.67 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.
Local 18962x2ArT1 - 2X2 Renovated2BR,2BA$1.82
The Bluffs at Tierra Contenta2 Bedroom 2 Bathroom2BR,2BA$1.67
Allegro at Tanoan2 Bedroom 2 Bath2BR,2BA$1.70
El Cerrito2 BR2BR,1BA$0.77
Artista3x23BR,2BA$1.84
Ochenta Apartments2 Bedrooms2BR,1BA$0.97
Coronado Townhomes2x22BR,2BA$1.96
Tierra Montosa1 Bedroom1BR,1BA$0.49
Copper Hills1x11BR,1BA$1.36
Evergreen Apartments1x1-B1BR,1BA$2.03

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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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 $738 at Cresta Ranch 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 Apartments and starts from $853.

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 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.

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.

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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.