
Cheap Homes for Rent in Ojo Feliz, NM from $1,000 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Ojo Feliz.


504 2nd St

504 2nd St

1420 Garfield Ave
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.

230 W 1st St

6894 CO-12

300 S 5th St

2800 Cerrillos Rd
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.
Ojo Feliz, NM Local Guide

How much does it cost to rent a home in Ojo Feliz?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ojo Feliz 2 Bedroom Homes for Rent | $2,072 | $1,144 | $3,895 |
| Ojo Feliz 3 Bedroom Homes for Rent | $2,077 | $1,050 | $3,200 |
| Ojo Feliz 4 Bedroom Homes for Rent | $3,186 | $1,525 | $7,000 |
Browse Top Homes for Rent in Ojo Feliz
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Ojo Feliz, NM Local Guide
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Cheapest Available Ojo Feliz Apartments for Rent and Nearby
 The cheapest available apartment rental in Ojo Feliz, 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 Feliz apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tierra Montosa | 1 Bedroom | 1BR,1BA | $353 |
| Taos Haus +6 | 2 Bedrooms | 2BR,1BA | $592 |
| Ochenta Apartments | 2 Bedrooms | 2BR,1BA | $739 |
Best Value Apartments for Rent in Ojo Feliz, NM and Nearby
As of June 12, 2026 the best value apartment in the Ojo Feliz area is the $1.82 price per square foot 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta in the in the Tiempo Lindo neighborhood starting from $2,399. The second greatest value Ojo Feliz apartment is the 2 Bedroom 2 Bath Model at Allegro at Tanoan starting at $1,699 with a $1.70 price per square foot in the Foothills neighborhood. Here is today’s list of the best values for Ojo Feliz apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Bluffs at Tierra Contenta | 4 Bedroom 2 Bathroom | 4BR,2BA | $1.82 |
| Allegro at Tanoan | 2 Bedroom 2 Bath | 2BR,2BA | $1.70 |
| El Cerrito | 2 BR | 2BR,1BA | $0.77 |
| Local 1896 | 2x1AR1T2 - 2X1 Renovated | 2BR,1BA | $1.56 |
| Ochenta Apartments | 2 Bedrooms | 2BR,1BA | $0.97 |
| Taos Haus +6 | 2 Bedrooms | 2BR,1BA | $0.70 |
| Coronado Townhomes | 2x2 | 2BR,2BA | $1.96 |
| Tierra Montosa | 1 Bedroom | 1BR,1BA | $0.49 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $2.03 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1.89 |
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 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!
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Frequently Asked Questions about Ojo Feliz
What type of rentals are currently available in Ojo Feliz?
There are currently 47 Apartments for Rent in Ojo Feliz, NM with pricing that ranges from $491 to $4,624. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ojo Feliz ranging from $1,050 to $7,000.
What is the current price range for Rental Homes in Ojo Feliz?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Ojo Feliz ranges from $1,050 to $7,000 with an average monthly rent of $2,292.
How much are larger Three and Four Bedroom Rentals in Ojo Feliz?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Ojo Feliz range from $1,084 to $4,624, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,525 and Four Bedroom Apartments start at $2,399.
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

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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.