Cheap Homes for Rent in Lingo, NM from $500 (12 Rentals)

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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.

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.

Lingo, NM Local Guide

Cheapest Available Lingo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lingo, NM is a 1 Bed unit found at Hotel Clovis Lofts priced from $463. Andalusia Aprtments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $463. Here is today’s list of the most affordable Lingo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hotel Clovis Lofts1 Bedroom1BR,1BA$463
Andalusia Aprtments1 Bedroom1BR,1BA$463
1517 Cameo St1517 Cameo1BR,1BA$475
1216 Dartmouth1220 Dartmouth1BR,1BA$525
Brownfield Heights Apartments1 bedroom1BR,1BA$550

Best Value Apartments for Rent in Lingo, NM and Nearby

As of June 06, 2026 the best value apartment in the Lingo area is the $0.93 price per square foot Model C Model at Mesquite Village Apartments in the starting from $1,150. The second greatest value Lingo apartment is the C3-60% Model at Reserves at Preston Trails starting at $1,204 with a $1.01 price per square foot in the Outer North Inner Loop neighborhood. Here is today’s list of the best values for Lingo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mesquite Village ApartmentsModel C4BR,2BA$0.93
Reserves at Preston TrailsC3-60%3BR,2BA$1.01
Ashton PointeThe James2BR,2BA$1.06
Hotel Clovis Lofts3 Bedrooms3BR,2BA$1.04
Andalusia Aprtments2 Bedrooms2BR,1BA$0.84
1216 Dartmouth1220 Dartmouth1BR,1BA$0.66
Stonebridge at Ironton1 Bedroom 1 Bathroom A11BR,1BA$0.90
Westridge ApartmentsTwo2BR,1BA$0.89
Brownfield Heights Apartments1 bedroom1BR,1BA$0.92
1517 Cameo St1517 Cameo1BR,1BA$1.06

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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Quick Rent Budget Calculator

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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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Frequently Asked Questions about Lingo

What type of rentals are currently available in Lingo?

There are currently 49 Apartments for Rent in Lingo, NM with pricing that ranges from $320 to $2,299. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lingo ranging from $500 to $3,000.

What is the current price range for Rental Homes in Lingo?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lingo ranges from $500 to $3,000 with an average monthly rent of $1,447.

How much are larger Three and Four Bedroom Rentals in Lingo?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lingo range from $390 to $2,299, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $320.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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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.