Cheap Apartments for Rent in Mexican Springs, NM from $500 (18 Rentals)

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

property at 2115 Tesoro Pl

$900 - $4,500

1 To 5 Bedroom Rentals

Available Now

2115 Tesoro Pl

FarmingtonNM87401

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.

property at 28236 Co Rd H

$1,000 - $2,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

Studio To 4 Bedroom Rentals

Available Now

28236 Co Rd H

CortezCO81321

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.

property at 5901 W Main St

$1,100 - $1,395

1 Bedroom Rentals

Available Now

5901 W Main St

FarmingtonNM87401

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.

Mexican Springs, NM Local Guide

Cheapest Available Mexican Springs Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mexican Springs, NM is a 2 Beds unit found at Timberstone Apartments in the Torreon neighborhood priced from $844. 116 E Second St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Mexican Springs apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Timberstone ApartmentsTwo Bedroom/2 Bath2BR,2BA$844
116 E Second Stone bedroom1BR,1BA$1,000
River RoostStudio A2 - UnfurnishedStudio,1BA$1,098
Red CliffA1 Loft1BR,1BA$1,150
Residences at DurangoH0.1-60Studio,1BA$1,175

Best Value Apartments for Rent in Mexican Springs, NM and Nearby

As of February 26, 2026 the best value apartment in the Mexican Springs area is the $0.93 price per square foot Two Bedroom/2 Bath Model at Timberstone Apartments in the in the Torreon neighborhood starting from $844. The second greatest value Mexican Springs apartment is the B1 Model at Skyline Apartments starting at $2,254 with a $2.88 price per square foot in the Hawks Nest neighborhood. Here is today’s list of the best values for Mexican Springs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Timberstone ApartmentsTwo Bedroom/2 Bath2BR,2BA$0.93
Skyline ApartmentsB12BR,1BA$2.88
GaugeA11BR,1BA$2.47
Winslow Apartment Companies2 bed 1 bath2BR,1BA$2.08
116 E Second Stone bedroom1BR,1BA$2.22
Red CliffA1 Renovated1BR,1BA$3.52
Residences at DurangoH0.1-60Studio ,1BA$3.30
River RoostStudio A2 - UnfurnishedStudio ,1BA$3.50

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
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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

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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 Cheap Mexican Springs Apartments

What is the Cheapest Studio apartment in Mexican Springs?

Currently the most affordable Cheap Studio Apartment in Mexican Springs is at River Roost listed at $1,098.

How much is rent for a Cheap One Bedroom Mexican Springs Apartment?

The lowest price for a Cheap One Bedroom Mexican Springs Apartment is $1,000 at 116 E Second St.

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

Today's best deal for a Cheap Two Bedroom Apartment in Mexican Springs is starting from $844 at Timberstone Apartments.

What is the most affordable Mexican Springs Three Bedroom Apartment?

The best deal on a cheap Mexican Springs Three Bedroom Apartment rental is at Timberstone Apartments and starts from $968.

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 Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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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.

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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.