Cheap Homes for Rent in Las Vegas, NM from $1,100 (7 Rentals)

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

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.

property at 1307 Rufina Ln

$1,650 - $1,700

2 Bedroom Rentals

Available Now

1307 Rufina Ln

Santa FeNM87507

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.

property at 707 Don Gallegos Cir

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

3 Bedroom, 2 Bath Home for Rent

Available Sep 9

707 Don Gallegos Cir

Las VegasNM87701

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

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

As of August 30, 2026 the best value apartment in the Las Vegas area is the $1.78 price per square foot 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta in the in the Tiempo Lindo neighborhood starting from $2,350. The second greatest value Las Vegas apartment is the Three Bedroom - 70% AMI Model at Cresta Ranch starting at $1,942 with a $1.74 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.
The Bluffs at Tierra Contenta4 Bedroom 2 Bathroom4BR,2BA$1.78
Cresta RanchThree Bedroom - 70% AMI3BR,2BA$1.74
Presidium Casa SienaB15W2BR,2BA$1.45
Cielo Luxury Living ApartmentsTwo Bedroom2BR,2BA$1.83
El Cerrito2 BR2BR,1BA$0.77
Local 18962x1AR1T2 - 2X1 Renovated2BR,1BA$1.37
Ochenta Apartments2 Bedrooms2BR,1BA$0.97
Allegro at Tanoan1 Bedroom 1 Bath1BR,1BA$1.66
Tierra Montosa1 Bedroom1BR,1BA$0.49
Copper Hills1x11BR,1BA$1.50

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:
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 Las Vegas

What type of rentals are currently available in Las Vegas?

There are currently 61 Apartments for Rent in Las Vegas, NM with pricing that ranges from $491 to $4,324. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Las Vegas ranging from $1,100 to $7,000.

What is the current price range for Rental Homes in Las Vegas?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Las Vegas ranges from $1,100 to $7,000 with an average monthly rent of $2,956.

How much are larger Three and Four Bedroom Rentals in Las Vegas?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Las Vegas range from $1,658 to $4,324, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $7,000. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $2,350.

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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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.

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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.