Cheap Apartments for Rent in Las Vegas, NM from $353 (58 Rentals)

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

property at 707 Don Gallegos Cir
$1,850

Total Monthly Price

Base Rent$1,850
Total Monthly Price$1,850
3 Bedroom, 2 Bath Home for Rent
Available Now

707 Don Gallegos Cir

Las VegasNM87701
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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

Base Rent$1,049 - $1,253
Total Monthly PriceVaries
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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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
$1,566 - $2,746

Total Monthly Price

Base Rent$1,566 - $2,746
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Turquesa

4700 Wagon RdSanta Fe, NM 87507
Affordability
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  • 3D Tour
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South Meadows
Rent Specials
$1,600 - $2,596

Total Monthly Price

Base Rent$1,600 - $2,596
Total Monthly PriceVaries
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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Solwyn
Rent Specials
$1,644 - $2,747

Total Monthly Price

Base Rent$1,644 - $2,747
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Solwyn

5520 Wellness WaySanta Fe, NM 87507
Affordability
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Local 1896
$1,647 - $1,856

Total Monthly Price

Base Rent$1,647 - $1,856
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Local 1896

1896 Lorca DrSanta Fe, NM 87505
Furnished
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  • Customer Reviewed
  • 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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Arcadia
Rent Specials
$1,683 - $2,962

Total Monthly Price

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

Arcadia

5300 Las Soleras DrSanta Fe, NM 87507
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Madera Apartments
$1,725 - $2,634

Total Monthly Price

Base Rent$1,725 - $2,634
Total Monthly Price$1,725 - $2,634
1 to 3 Bedroom Apartments Available Now

Madera Apartments

2525 S Meadows RdSanta Fe, NM 87507
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The Mica
Rent Specials
$1,800 - $2,062

Total Monthly Price

Base Rent$1,800 - $2,062
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

The Mica

825 Calle MejiaSanta Fe, NM 87501
Eco-Friendly
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  • Customer Reviewed
  • 3D Tour
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Allaso High Desert
Rent Specials
$1,837 - $2,967

Total Monthly Price

Base Rent$1,837 - $2,967
Total Monthly PriceVaries
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
property at 2600 W Zia Rd
$1,400 - $1,700
1 Bedroom Rentals
Available Now
Affordability

2600 W Zia Rd

Santa FeNM87505

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
Copper Hills1x11BR, 1BA$1,049
Elevate at OsloStudio - 325Studio, 1BA$1,095
Sierra Blanca Senior LivingStudioStudio, 1BA$1,100
Vista Alegre ApartmentsStudio, 1 BathStudio, 1BA$1,118

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

As of September 23, 2026 the best value apartment in the Las Vegas area is the $1.91 price per square foot Three Bedroom Model at Cielo Luxury Living Apartments in the Pueblos Del Sol neighborhood starting from $2,399. The second greatest value Las Vegas apartment is the Three Bedroom - 60% AMI Model at Cresta Ranch in the Tiempo Lindo neighborhood starting at $1,643 with a $1.37 price per square foot. 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.
Cielo Luxury Living ApartmentsThree Bedroom3BR, 2BA$1.91
Cresta RanchThree Bedroom - 60% AMI3BR, 2BA$1.37
The Bluffs at Tierra Contenta2 Bedroom 2 Bathroom2BR, 2BA$1.71
El Cerrito2 BR2BR, 1BA$0.77
Ochenta Apartments2 Bedrooms2BR, 1BA$0.97
Allegro at Tanoan1 Bedroom 1 Bath1BR, 1BA$1.64
Coronado Townhomes2x22BR, 2BA$2.01
Tierra Montosa1 Bedroom1BR, 1BA$0.49
Copper Hills1x11BR, 1BA$1.50
Evergreen Apartments1x1-B1BR, 1BA$1.91

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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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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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 Talavera Apartment Homes and starts from $1,619.

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 Rent According to Income: A Look at Income-Restricted Rentals article

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.

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

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.