Cheap Apartments for Rent in Otero County, NM from $400 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in Otero County.

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Centennial Village
1 Bedroom Apartments

Centennial Village

2118 N Florida AveAlamogordo, NM 88310
Furnished
  • Utilities Included
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1312 New York
1 Bedroom Apartments

1312 New York

1312 New YorkAlamogordo, NM 88310
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101 Osha Trl
1 to 2 Bedroom Apartments

101 Osha Trl

101 Osha TrlCloudcroft, NM 88317
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1707 Hawaii Ave
1 to 2 Bedroom Apartments

1707 Hawaii Ave

1707 Hawaii AveAlamogordo, NM 88310

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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Juniper Apartments
1 to 2 Bedroom Apartments

Juniper Apartments

1904 Juniper DrAlamogordo, NM 88310

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.

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Las Ventanas
1 to 3 Bedroom Apartments

Las Ventanas

2200 E First StAlamogordo, NM 88310
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The Pines Apartments
Studio to 2 Bedroom Apartments

The Pines Apartments

2100 Stardust CtAlamogordo, NM 88310
  • Utilities Included
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Sacramento Apartments
1 to 3 Bedroom Apartments

Sacramento Apartments

96 Glorietta AveCloudcroft, NM 88317
  • Utilities Included
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Villa de Tularosa Senior
Studio to 1 Bedroom Apartments

Villa de Tularosa Senior

1205 Monte Vista AveTularosa, NM 88352
Senior Living
  • Utilities Included

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.

Cheapest Available Otero County Apartments for Rent

 

The cheapest available apartment rental in Otero County, NM is a 1 Bed unit found at Azotea Apartments 62+ priced from $544. Cottonwood Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $554. Here is today’s list of the most affordable Otero County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Azotea Apartments 62+1 Bedroom1BR,1BA$544
Cottonwood Commons1 Bedroom1BR,1BA$554
Juniper Apartments2BR/1.0BA2BR,1BA$1,050

Best Value Apartments for Rent in Otero County, NM

As of August 02, 2026 the best value apartment in the Otero County area is the $1.28 price per square foot 2BR/1.0BA Model at Juniper Apartments in the starting from $1,050. The second greatest value Otero County apartment is the 1 Bedroom Model at Azotea Apartments 62+ starting at $544 with a $0.73 price per square foot . Here is today’s list of the best values for Otero County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Juniper Apartments2BR/1.0BA2BR,1BA$1.28
Azotea Apartments 62+1 Bedroom1BR,1BA$0.73
Cottonwood Commons1 Bedroom1BR,1BA$1.01

Frequently Asked Questions about Cheap Otero County Apartments

How much is rent for a Cheap One Bedroom Otero County Apartment?

The lowest price for a Cheap One Bedroom Otero County Apartment is $544 at Azotea Apartments 62+.

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 First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

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.