Cheap Homes for Rent in Ojo Caliente, NM from $1,200 (8 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

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.

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.

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 Studio unit found at Santa Fe Suites in the Pueblos Del Sol neighborhood priced from $900. Vista Alegre Apartments in the Pueblos Del Sol neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,099. Here is today’s list of the most affordable Ojo Caliente apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Santa Fe SuitesStudioStudio,1BA$900
Vista Alegre ApartmentsStudio, 1 BathStudio,1BA$1,099
Sierra Blanca ApartmentsStudioStudio,1BA$1,100

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

As of June 24, 2025 the best value apartment in the Ojo Caliente area is the $1.85 price per square foot The Sagebrush Model at The Mica in the in the Don Digeo neighborhood starting from $1,899. The second greatest value Ojo Caliente apartment is the 3x2 Model at San Miguel Court starting at $2,099 with a $2.21 price per square foot in the Pueblos Del Sol 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.
The MicaThe Sagebrush2BR,2BA$1.85
San Miguel Court3x23BR,2BA$2.21
Canyon Walk Income RestrictedOne Bedroom1BR,1BA$1.27
Vista Linda2 Bedroom | 1 Bath2BR,1BA$1.94
Local 18961x1ArT1 - 1X1 Renovated1BR,1BA$2.00
Talavera Apartment HomesPinon2BR,1BA$2.23
Altitude at VizcayaSandia1BR,1BA$2.25
VizcayaChama1BR,1BA$2.24
Casa Loma ApartmentsStudioStudio ,1BA$2.17
Vista Alegre ApartmentsStudio, 1 BathStudio ,1BA$2.11

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

Frequently Asked Questions about Ojo Caliente

What type of rentals are currently available in Ojo Caliente?

There are currently 34 Apartments for Rent in Ojo Caliente, NM with pricing that ranges from $900 to $4,955. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ojo Caliente ranging from $1,250 to $4,999.

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 $4,999 with an average monthly rent of $2,973.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.