8 Alicia Dr
La LuzNM88337
Cheap Homes for Rent in Otero County, NM from $1,100 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Otero County.
Spacious Home with Over-sized 2 Car Garage
928 Indigo Loop
AlamogordoNM88310
3 Bedroom 2 Bathroom
1502 Campbell Pl
AlamogordoNM88310
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.
Private 3 bedroom, 1 bath with Large Fenced-in Backyard
18 Arroyo
La LuzNM88337
301 Alamosa, Unit 1
301 Alamosa
ChaparralNM88081
1409 Juniper Dr
AlamogordoNM88310
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.
Showing Results 1-6, Page 1 of 1
Otero County, NM Local Guide
Winter Coyote by Larry Lamsa is licensed under CC BY 2.0
How much does it cost to rent a home in Otero County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Otero County 2 Bedroom Homes for Rent | $1,950 | $1,500 | $2,400 |
| Otero County 3 Bedroom Homes for Rent | $1,634 | $1,100 | $2,250 |
| Otero County 4 Bedroom Homes for Rent | $2,750 | $2,500 | $3,000 |
| Otero County 5 Bedroom Homes for Rent | $3,825 | $2,650 | $5,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 May 29, 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 Otero County
What type of rentals are currently available in Otero County?
There are currently 40 Apartments for Rent in Otero County, NM with pricing that ranges from $411 to $2,000. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Otero County ranging from $1,100 to $5,000.
What is the current price range for Rental Homes in Otero County?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Otero County ranges from $1,100 to $5,000 with an average monthly rent of $2,539.
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
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.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.