Cheap Apartments for Rent in Las Vegas, NM from $300 (60 Rentals)

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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
$899 - $1,131
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$899 - $1,131

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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
$1,547 - $2,507
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$1,547 - $2,507

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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

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
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$1,594 - $2,678

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1 to 3 Bedroom Apartments Available Now

Turquesa

4700 Wagon RdSanta Fe, NM 87507
Eco-Friendly
  • Verified
  • 3D Tour
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Solwyn
Rent Specials
$1,644 - $2,679
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$1,644 - $2,679

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1 to 3 Bedroom Apartments Available Now

Solwyn

5520 Wellness WaySanta Fe, NM 87507
Affordability
  • Verified
  • 3D Tour
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Allaso High Desert
Rent Specials
$1,648 - $2,964
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$1,648 - $2,964

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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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The Mica
$1,678 - $2,322
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$1,678 - $2,322

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1 to 3 Bedroom Apartments Available Now

The Mica

825 Calle MejiaSanta Fe, NM 87501
Affordability
  • 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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Madera Apartments
$1,740 - $2,757
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Base Rent
$1,740 - $2,757

Total Monthly Price
$1,740 - $2,757
1 to 3 Bedroom Apartments Available Now

Madera Apartments

2525 S Meadows RdSanta Fe, NM 87507
Outdoors
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  • Customer Reviewed
  • 3D Tour
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Arcadia
Rent Specials
$1,749 - $2,962
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Base Rent
$1,749 - $2,962

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1 to 3 Bedroom Apartments Available Now

Arcadia

5300 Las Soleras DrSanta Fe, NM 87507
Student Living
  • Verified
  • Customer Reviewed
  • 3D Tour
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South Meadows
Rent Specials
$1,750 - $2,658
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Base Rent
$1,750 - $2,658

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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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Casa Loma Apartments
Studio to 3 Bedroom Apartments

Casa Loma Apartments

100 Rio Vista PlSanta Fe, NM 87501
Corporate Housing

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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
Santa Fe SuitesStudioStudio,1BA$899
Myrtle Apartments - All Utilities IncludedStudioStudio,1BA$900
Casitas Del BellaEfficiency Grey WallsStudio,1BA$925
Copper Hills2x12BR,1BA$999
Sierra Blanca Senior LivingStudioStudio,1BA$1,100
Evergreen Apartments1x1-B1BR,1BA$1,149
Casa Loma ApartmentsStudioStudio,1BA$1,250

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

As of May 09, 2026 the best value apartment in the Las Vegas area is the $1.68 price per square foot 2 Bedroom 2 Bath Model at Allegro at Tanoan in the in the Foothills neighborhood starting from $1,687. The second greatest value Las Vegas apartment is the 2x2 Model at Copper Hills starting at $1,131 with a $1.13 price per square foot in the Foothills 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.
Allegro at Tanoan2 Bedroom 2 Bath2BR,2BA$1.68
Copper Hills2x22BR,2BA$1.13
El Cerrito2 BR2BR,1BA$0.77
Local 18962x1AR1T2 - 2X1 Renovated2BR,1BA$1.65
Ochenta Apartments2 Bedrooms2BR,1BA$0.97
Rancho Carrera ApartmentsTwo Bedroom2BR,2BA$1.75
Coronado Townhomes2x12BR,1BA$1.86
Cielo Luxury Living ApartmentsOne Bedroom1BR,1BA$1.92
Tierra Montosa1 Bedroom1BR,1BA$0.49
Evergreen Apartments1x1-B1BR,1BA$1.70

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Las Vegas, NM Area Reviews

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Dennis1+ 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 Santa Fe Suites listed at $899.

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 Artista and starts from $1,799.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.