
Cheap Apartments for Rent in Otero County, NM from $400 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Otero County.


Centennial Village

1312 New York

101 Osha Trl

1707 Hawaii Ave

Silver Springs RV Campground & Trout Pond
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.

1003-1005 Central Ave

240 Mountain Meadow Rd

1300-1304 Lovers Ln

400 Columbine Blvd

Juniper Apartments

Las Ventanas
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.

Las Rosas Apartments

The Pines Apartments

Monte Vista Townhome Apartments

Sacramento Apartments

Villa de Tularosa Senior

Hunter's Ridge Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Otero County, NM Local Guide

How much does it cost to rent an apartment in Otero County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Otero County 1 Bedroom Apartments | $581 | $411 | $723 |
| Otero County 2 Bedroom Apartments | $802 | $486 | $1,195 |
| Otero County 3 Bedroom Apartments | $1,040 | $621 | $1,350 |
Browse Apartments in Otero County
See all Apartments in OteroExplore Otero County
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Azotea Apartments 62+ | 1 Bedroom | 1BR,1BA | $544 |
| Cottonwood Commons | 1 Bedroom | 1BR,1BA | $554 |
| Las Ventanas | B1 | 2BR,1BA | $1,544 |
Best Value Apartments for Rent in Otero County, NM
As of June 17, 2026 the best value apartment in the Otero County area is the $1.76 price per square foot B1 Model at Las Ventanas in the starting from $1,544. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Las Ventanas | B1 | 2BR,1BA | $1.76 |
| Azotea Apartments 62+ | 1 Bedroom | 1BR,1BA | $0.73 |
| Cottonwood Commons | 1 Bedroom | 1BR,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

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.