Cheap Apartments for Rent in Maljamar, NM from $300 (44 Rentals)

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

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.

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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Parkside Terrace
1 to 3 Bedroom Apartments

Parkside Terrace

300 E White StHobbs, NM 88240
  • Utilities Included
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Roselawn Manor
1 to 3 Bedroom Apartments

Roselawn Manor

800 S Roselawn AveArtesia, NM 88210
Senior Living
  • Utilities Included
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Sierra Vista Village
1 to 4 Bedroom Apartments

Sierra Vista Village

28 W Martin StRoswell, NM 88203
  • Utilities Included
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Park Place
1 to 3 Bedroom Apartments

Park Place

920 E Michigan AveHobbs, NM 88240
  • Utilities Included
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708 W 13th St
1 Bedroom Apartments

708 W 13th St

708 W 13th StRoswell, NM 88201
Corporate Housing
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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101 N 25th St
1 to 2 Bedroom Apartments

101 N 25th St

101 N 25th StArtesia, NM 88210
  • Utilities Included
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Skyview Terrace
1 to 3 Bedroom Apartments

Skyview Terrace

3600 N Skyview StHobbs, NM 88240
  • Utilities Included
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New Leaf
1 to 3 Bedroom Apartments

New Leaf

1601 E Marland StHobbs, NM 88240
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Maljamar, NM Local Guide

Cheapest Available Maljamar Apartments for Rent and Nearby

 

The cheapest available apartment rental in Maljamar, NM is a 1 Bed unit found at La Pradera priced from $519. Wilshire Gardens 55+ has the second lowest priced unit, which is a 2 Beds apartment currently listed from $676. Here is today’s list of the most affordable Maljamar apartments for rent:

Apartment ListingModel NameBed/BathPriced From
La Pradera1 Bedroom1BR,1BA$519
Wilshire Gardens 55+2 BR2BR,1BA$676
Mirador Apartments1 BEDROOM1BR,1BA$700
Sierra Vista Village2B/1B SS2BR,1BA$700
Playa Escondida3 Bedrooms3BR,2BA$709
Jefferson House ApartmentsOne Bedroom One Bath1BR,1BA$870
Mesa Verde - FREE UtilitiesTwo Bedroom2BR,1BA$929
EMLI Artesia: Income Qualify TodayOne Bedroom - 60% Tax Credit1BR,1BA$987
Yucca Flats ApartmentsOne Bedroom1BR,1BA$999
Eagle CreekOne Bedroom1BR,1BA$1,049

Best Value Apartments for Rent in Maljamar, NM and Nearby

As of May 04, 2026 the best value apartment in the Maljamar area is the $1.33 price per square foot 3 Bed, 2 Bath B Model at Villas of Briar Ridge in the starting from $1,590. The second greatest value Maljamar apartment is the Unfurnished Model at Summerwind Terrace Townhomes starting at $1,345 with a $1.22 price per square foot . Here is today’s list of the best values for Maljamar apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villas of Briar Ridge3 Bed, 2 Bath B3BR,1.5BA$1.33
Summerwind Terrace TownhomesUnfurnished2BR,1.5BA$1.22
La Pradera2 Bedrooms2BR,1BA$0.68
Tia MariaTwo Bedroom2BR,1BA$1.39
Wilshire Gardens 55+2 BR2BR,1BA$0.77
Mesa Verde - FREE UtilitiesTwo Bedroom2BR,1BA$1.15
EMLI Artesia: Income Qualify TodayOne Bedroom - 60% Tax Credit1BR,1BA$1.28
Yucca Flats ApartmentsOne Bedroom1BR,1BA$1.43
Mirador Apartments1 BEDROOM1BR,1BA$1.09
Sierra Vista Village2B/1B1BR,1BA$1.17

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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Cash 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.

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Quick Rent Budget Calculator

How much rent can you afford?

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!

Explore Maljamar, NM Rentals by Map

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Frequently Asked Questions about Cheap Maljamar Apartments

How much is rent for a Cheap One Bedroom Maljamar Apartment?

The lowest price for a Cheap One Bedroom Maljamar Apartment is $519 at La Pradera.

What is the lowest price for a Cheap Two Bedroom Maljamar Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Maljamar is starting from $622 at La Pradera.

What is the most affordable Maljamar Three Bedroom Apartment?

The best deal on a cheap Maljamar Three Bedroom Apartment rental is at La Pradera and starts from $706.

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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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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.