Cheap Homes for Rent near Mcdonald, NM from $500 (7 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Mcdonald, NM Local Guide

Cheapest Available Mcdonald Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mcdonald, 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 Mcdonald 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 Mcdonald, NM and Nearby

As of July 12, 2026 the best value apartment in the Mcdonald 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 Mcdonald apartment is the 2 Bedrooms Model at Playa Escondida starting at $1,338 with a $1.43 price per square foot . Here is today’s list of the best values for Mcdonald apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Summerwind Terrace TownhomesUnfurnished2BR,1.5BA$1.22
Playa Escondida2 Bedrooms2BR,1BA$1.43
Lovington TrailsOne Bedroom1BR,1BA$1.30
La Pradera2 Bedrooms2BR,1BA$0.68
Tia MariaTwo Bedroom2BR,1BA$1.39
Woodleaf - FREE UtilitiesTwo Bedroom2BR,1BA$1.52
EMLI Artesia: Income Qualify TodayOne Bedroom - 60% Tax Credit1BR,1BA$1.28
RiverwoodA11BR,1BA$1.44
Yucca Flats ApartmentsOne Bedroom1BR,1BA$1.43
Eagle CreekOne Bedroom1BR,1BA$1.54

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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Mcdonald, NM Rentals by Map

View Map
Mcdonald, NM Apartments Map
View Map
Mcdonald, NM Rental Homes Map

Frequently Asked Questions about Mcdonald

What type of rentals are currently available in Mcdonald?

There are currently 35 Apartments for Rent in Mcdonald, NM with pricing that ranges from $519 to $2,362. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mcdonald ranging from $595 to $4,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Mcdonald ranges from $595 to $4,500 with an average monthly rent of $1,979.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Mcdonald range from $709 to $2,362, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,506.

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 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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.