
Cheap Apartments for Rent near Mountainair, NM from $500 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Mountainair.


The Loop at 950

Cinnamon Tree Apartments

White Oak Apartments

Total Monthly Price
Tesota Four Hills

The Twelve 601

Cloudview Terrace

Total Monthly Price
FREE UTILITIES!! GREAT VIBES!!

Juniper Flats

Total Monthly Price
Tesota Midtown
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.

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The French Quarter

Rio Vista Senior Apartments

Total Monthly Price
Studios on Route 66

The Ridge

The Lanai Apartments

Manzano Vista

Las Brisas

Total Monthly Price
Playa Del Sol

Villa Apartments

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El Pueblo - Ultimate Urban Living
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.

Sunrise Apartments

CRESTWOOD APARTMENTS

Villa Serena Apartments

Somerset Park

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Arrowhead Pointe

Total Monthly Price
MOUNTAIN VISTA

Desert Park

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The June

Northpointe Village

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The Reserve
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Lumen

502 U.S. Route 66

Madeira Court

The Portals Apartments

Santa Clara Apartments

134-136 Altez St NE

Whispering Sands

Monterey Manor Apartments

The Valencia

Farolito Senior Apartments
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.

Coyote Point

Panorama Heights

105 General Arnold St NE

Palazzo Apartments

Aspen Ridge

River Rock Apartments

Los Altos Towers

Borderman's Reef

Continental Flats

13515 Copper Ave NE
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.
Mountainair, NM Local Guide

How much does it cost to rent an apartment in Mountainair?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mountainair Studio Apartments | $815 | $695 | $999 |
| Mountainair 1 Bedroom Apartments | $1,098 | $500 | $2,484 |
| Mountainair 2 Bedroom Apartments | $1,285 | $749 | $1,992 |
| Mountainair 3 Bedroom Apartments | $1,640 | $1,098 | $2,572 |
Browse Top Apartments in Mountainair
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Mountainair, NM Local Guide
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Cheapest Available Mountainair Apartments for Rent and Nearby
 The cheapest available apartment rental in Mountainair, NM is a Studio unit found at The Loop at 950 in the South San Pedro neighborhood priced from $645. White Oak Apartments in the South San Pedro neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $716. Here is today’s list of the most affordable Mountainair apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Loop at 950 | 0x1 - 280 | Studio,1BA | $645 |
| White Oak Apartments | 1x1 | 1BR,1BA | $716 |
| FREE UTILITIES!! GREAT VIBES!! | Sailor Interior Units | Studio,1BA | $799 |
| Juniper Flats | Arroyo | Studio,1BA | $800 |
| Cinnamon Tree Apartments | 1 bedroom Loft | 1BR,1BA | $820 |
| The French Quarter | 1 x1 Reno (630Sqft) | 1BR,1BA | $880 |
| Rio Vista Senior Apartments | Income-Restricted One Bedroom Senior Apartment ... | 1BR,1BA | $890 |
| The Ridge | 1 Bedroom 1 Bathroom | 1BR,1BA | $900 |
| The Lanai Apartments | 1BD/1B | 1BR,1BA | $900 |
| Studios on Route 66 | Studio | Studio,1BA | $900 |
Best Value Apartments for Rent in Mountainair, NM and Nearby
As of September 07, 2026 the best value apartment in the Mountainair area is the $0.87 price per square foot Two Bedroom Two Bath Model at Los Altos Towers in the in the South Los Altos neighborhood starting from $1,399. The second greatest value Mountainair apartment is the 2 Bedroom Model at Zia Townhomes starting at $1,725 with a $1.41 price per square foot in the South Los Altos neighborhood. Here is today’s list of the best values for Mountainair apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Los Altos Towers | Two Bedroom Two Bath | 2BR,2BA | $0.87 |
| Zia Townhomes | 2 Bedroom | 2BR,1.5BA | $1.41 |
| Whispering Sands | Two Bedroom Two Bath | 2BR,2BA | $1.18 |
| Aspen Ridge | Two Bedroom Two Bath | 2BR,2BA | $1.20 |
| Villa Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
| El Pueblo - Ultimate Urban Living | One Bedroom | 1BR,1BA | $1.34 |
| White Oak Apartments | 1x1 | 1BR,1BA | $1.03 |
| The Ridge | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.37 |
| The Lanai Apartments | 1BD/1B | 1BR,1BA | $1.38 |
| The French Quarter | 1 x1 Reno (630Sqft) | 1BR,1BA | $1.40 |
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 ArticleNavigating 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.
Read ArticleReal 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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Mountainair, NM Rentals by Map
See the most popular apartments and homes in Mountainair, NM
Frequently Asked Questions about Cheap Mountainair Apartments
What is the Cheapest Studio apartment in Mountainair?
Currently the most affordable Cheap Studio Apartment in Mountainair is at The Loop at 950 listed at $645.
How much is rent for a Cheap One Bedroom Mountainair Apartment?
The lowest price for a Cheap One Bedroom Mountainair Apartment is $716 at White Oak Apartments.
What is the lowest price for a Cheap Two Bedroom Mountainair Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mountainair is starting from $850 at The Twelve 601.
What is the most affordable Mountainair Three Bedroom Apartment?
The best deal on a cheap Mountainair Three Bedroom Apartment rental is at The Valencia and starts from $1,395.
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

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.

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.

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.

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.