Cheap Homes for Rent near Lovington, NM from $800 (8 Rentals)

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

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.

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.

Lovington, NM Local Guide

Cheapest Available Lovington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lovington, NM is a 1 Bed unit found at La Pradera priced from $519. Playa Escondida has the second lowest priced unit, which is a 3 Beds apartment currently listed from $709. Here is today’s list of the most affordable Lovington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
La Pradera1 Bedroom1BR,1BA$519
Playa Escondida3 Bedrooms3BR,2BA$709
Jefferson House ApartmentsOne Bedroom One Bath1BR,1BA$870

Best Value Apartments for Rent in Lovington, NM and Nearby

As of September 13, 2026 the best value apartment in the Lovington area is the $1.22 price per square foot Unfurnished Model at Summerwind Terrace Townhomes in the starting from $1,345. The second greatest value Lovington apartment is the Two Bedroom, Two Bath Model at Lovington Trails starting at $1,449 with a $1.45 price per square foot . Here is today’s list of the best values for Lovington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Summerwind Terrace TownhomesUnfurnished2BR,1.5BA$1.22
Lovington TrailsTwo Bedroom, Two Bath2BR,2BA$1.45
Playa Escondida2 Bedrooms2BR,1BA$1.43
La Pradera2 Bedrooms2BR,1BA$0.68
Woodleaf - FREE UtilitiesTwo Bedroom2BR,1BA$1.52
Yucca Flats ApartmentsTwo Bedroom2BR,1BA$1.44
RiverwoodA11BR,1BA$1.44
Avenue CommonsOne Bedroom1BR,1BA$1.32
The Ranch at Andrews1 Bedroom 1 Bath - 856851BR,1BA$1.48
New LeafOne Bedroom1BR,1BA$1.65

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Frequently Asked Questions about Lovington

What type of rentals are currently available in Lovington?

There are currently 35 Apartments for Rent in Lovington, NM with pricing that ranges from $519 to $3,500. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lovington ranging from $800 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 $800 to $4,500 with an average monthly rent of $2,026.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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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.