Cheap Apartments for Rent in Lincoln County, NM from $500 (10 Rentals)

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

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618 Sudderth Dr
1 Bedroom Apartments

618 Sudderth Dr

618 Sudderth DrRuidoso, NM 88345
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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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1101 D Ave
1 Bedroom Apartments

1101 D Ave

1101 D AveCarrizozo, NM 88301
Senior Living

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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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
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Inspiration Heights
1 to 3 Bedroom Apartments

Inspiration Heights

301 Sierra LnRuidoso Downs, NM 88346
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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.

Cheapest Available Lincoln County Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
La Tierra 55+1 Bedroom1BR,1BA$770
Woodlands Cabins2 bed2BR,1BA$1,295

Best Value Apartments for Rent in Lincoln County, NM

As of July 28, 2026 the best value apartment in the Lincoln County area is the $1.16 price per square foot 2 Bedrooms Model at La Tierra 55+ in the starting from $931. The second greatest value Lincoln County apartment is the 2 bed Model at Woodlands Cabins starting at $1,295 with a $1.62 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.
La Tierra 55+2 Bedrooms2BR,1BA$1.16
Woodlands Cabins2 bed2BR,1BA$1.62

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.

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.

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.