Cheap Apartments for Rent in Lincoln County, NM from $500 (9 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lincoln County.

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1101 D Ave
1 Bedroom Apartments

1101 D Ave

1101 D AveCarrizozo, NM 88301
Senior Living
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434 Second St
1 to 2 Bedroom Apartments

434 Second St

434 Second StCapitan, NM 88316
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TeePee Cabins
Studio to 2 Bedroom Apartments

TeePee Cabins

100 Mecham DrRuidoso, NM 88345

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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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618 Sudderth Dr
1 Bedroom Apartments

618 Sudderth Dr

618 Sudderth DrRuidoso, NM 88345
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115 S Evergreen Rd
1 to 2 Bedroom Apartments

115 S Evergreen Rd

115 S Evergreen RdRuidoso, NM 88345
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122 Vision Dr
1 Bedroom Apartments

122 Vision Dr

122 Vision DrRuidoso, NM 88345

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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Inspiration Heights
1 to 3 Bedroom Apartments

Inspiration Heights

301 Sierra LnRuidoso Downs, NM 88346
  • Utilities Included

Cheapest Available Lincoln County Apartments for Rent

 

The cheapest available apartment rental in Lincoln County, NM is a 1 Bed unit found at La Tierra 55+ priced from $770. Ladera Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $883. Here is today’s list of the most affordable Lincoln County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
La Tierra 55+1 Bedroom1BR,1BA$770
Ladera Apartments3 Bedrooms3BR,2BA$883
Woodlands Cabins1 Bed1BR,1BA$1,050

Best Value Apartments for Rent in Lincoln County, NM

As of March 05, 2026 the best value apartment in the Lincoln County area is the $0.93 price per square foot 3 Bedrooms Model at Ladera Apartments in the starting from $883. The second greatest value Lincoln County apartment is the 2 Bedrooms Model at La Tierra 55+ starting at $931 with a $1.16 price per square foot . Here is today’s list of the best values for Lincoln County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ladera Apartments3 Bedrooms3BR,2BA$0.93
La Tierra 55+2 Bedrooms2BR,1BA$1.16
101 Apache Hills Dr, Unit 1101 Apache Hills Dr1BR,1BA$1.83
Woodlands Cabins1 Bed1BR,1BA$2.10

Frequently Asked Questions about Cheap Lincoln County Apartments

What is the price of a cheap apartment in Lincoln County?

The cheapest apartment in Lincoln County is La Tierra 55+ which is listed at $770, while the average apartment in Lincoln County costs $1,113.

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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.