
Cheap Homes for Rent in Lovington, NM from $600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Lovington.


1017 N Main Ave

1122 3 E Broadway St
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.

408 SE 6th St

2607 Missouri St

710 SW 3rd St
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.
Lovington, NM Local Guide

How much does it cost to rent a home in Lovington?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lovington 2 Bedroom Homes for Rent | $1,237 | $650 | $2,300 |
| Lovington 3 Bedroom Homes for Rent | $2,103 | $1,400 | $3,000 |
| Lovington 4 Bedroom Homes for Rent | $2,975 | $1,900 | $4,000 |
Browse Top Homes for Rent in Lovington
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Lovington, NM Local Guide
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Cheapest Available Lovington Apartments for Rent and Nearby
 The cheapest available apartment rental in Lovington, NM is a 2 Beds unit found at Parkside Terrace priced from $383. La Pradera has the second lowest priced unit, which is a 1 Bed apartment currently listed from $519. Here is today’s list of the most affordable Lovington apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkside Terrace | Two Bedroom and One Bath | 2BR,1BA | $383 |
| La Pradera | 1 Bedroom | 1BR,1BA | $519 |
| Playa Escondida | 3 Bedrooms | 3BR,2BA | $709 |
Best Value Apartments for Rent in Lovington, NM and Nearby
As of January 13, 2026 the best value apartment in the Lovington area is the $1.45 price per square foot C1 Model at Oak Manor Villas in the starting from $1,987. The second greatest value Lovington apartment is the Unfurnished Model at Summerwind Terrace Townhomes starting at $1,295 with a $1.18 price per square foot . Here is today’s list of the best values for Lovington apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Oak Manor Villas | C1 | 3BR,2BA | $1.45 |
| Summerwind Terrace Townhomes | Unfurnished | 2BR,1.5BA | $1.18 |
| Sorrento Villas | 2x2 (1057sf) B2 | 2BR,2BA | $1.44 |
| Lovington Trails | Two Bedroom, Two Bath | 2BR,2BA | $1.40 |
| Parkside Terrace | Two Bedroom and One Bath | 2BR,1BA | $0.40 |
| Playa Escondida | 2 Bedrooms | 2BR,1BA | $1.43 |
| La Pradera | 2 Bedrooms | 2BR,1BA | $0.68 |
| Tia Maria | Two Bedroom | 2BR,1BA | $1.22 |
| Woodleaf - FREE Utilities | Two Bedroom | 2BR,1BA | $1.46 |
| Yucca Flats Apartments | One Bedroom | 1BR,1BA | $1.43 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
Best Local Schools in Lovington, NM
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lovington, NM Rentals by Map
See the most popular apartments and homes in Lovington, NM
Frequently Asked Questions about Lovington
What type of rentals are currently available in Lovington?
There are currently 34 Apartments for Rent in Lovington, NM with pricing that ranges from $324 to $2,561. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lovington ranging from $650 to $4,500.
What is the current price range for Rental Homes in Lovington?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lovington ranges from $650 to $4,500 with an average monthly rent of $2,413.
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

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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!