Cheap Homes for Rent near Ojo Caliente, NM from $1,200 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 6894 CO-12

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

3 Bedroom, 1.5 Bath Home for Rent

Available Now

6894 CO-12

WestonCO81091
property at 142 Duran St

$1,650 - $2,400

1 Bedroom Rentals

Available Now

142 Duran St

Santa FeNM87501

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.

property at 941 Calle Mejia

$1,400 - $1,750

2 Bedroom Rentals

Available Now

941 Calle Mejia

Santa FeNM87501

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.

property at 25 Jackson Hole Rd

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

2 Bedroom, 2 Bath Condo for Rent

Available Now

25 Jackson Hole Rd, Unit 241

25 Jackson Hole Rd
Angel FireNM87710

Ojo Caliente, NM Local Guide

Cheapest Available Ojo Caliente Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ojo Caliente, NM is a 1 Bed unit found at Tierra Montosa priced from $353. Taos Haus +6 has the second lowest priced unit, which is a 2 Beds apartment currently listed from $592. Here is today’s list of the most affordable Ojo Caliente apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tierra Montosa1 Bedroom1BR,1BA$353
Taos Haus +62 Bedrooms2BR,1BA$592
Ochenta Apartments2 Bedrooms2BR,1BA$739
El Cerrito2 BR2BR,1BA$749
Myrtle Apartments - All Utilities IncludedStudioStudio,1BA$900

Best Value Apartments for Rent in Ojo Caliente, NM and Nearby

As of July 20, 2026 the best value apartment in the Ojo Caliente area is the $1.98 price per square foot San Juan Model at South Meadows in the in the Pueblos Del Sol neighborhood starting from $2,642. The second greatest value Ojo Caliente apartment is the 3 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta starting at $2,259 with a $1.80 price per square foot in the Tiempo Lindo neighborhood. Here is today’s list of the best values for Ojo Caliente apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
South MeadowsSan Juan3BR,2BA$1.98
The Bluffs at Tierra Contenta3 Bedroom 2 Bathroom3BR,2BA$1.80
El Cerrito2 BR2BR,1BA$0.77
Local 18962x1AR1T2 - 2X1 Renovated2BR,1BA$1.73
Ochenta Apartments2 Bedrooms2BR,1BA$0.97
Taos Haus +62 Bedrooms2BR,1BA$0.70
Mesa Del Norte2x12BR,1BA$1.99
Cielo Luxury Living ApartmentsOne Bedroom1BR,1BA$2.03
Tierra Montosa1 Bedroom1BR,1BA$0.49
Evergreen Apartments1x1-B1BR,1BA$2.03

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 Ojo Caliente, NM Rentals by Map

View Map
Ojo Caliente, NM Apartments Map
View Map
Ojo Caliente, NM Rental Homes Map

Frequently Asked Questions about Ojo Caliente

What type of rentals are currently available in Ojo Caliente?

There are currently 40 Apartments for Rent in Ojo Caliente, NM with pricing that ranges from $491 to $4,319. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ojo Caliente ranging from $1,250 to $12,500.

What is the current price range for Rental Homes in Ojo Caliente?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Ojo Caliente ranges from $1,250 to $12,500 with an average monthly rent of $4,579.

How much are larger Three and Four Bedroom Rentals in Ojo Caliente?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Ojo Caliente range from $1,084 to $4,319, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $8,500. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $2,464.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

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.

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.