8 Alicia Dr
La LuzNM88337
Cheap Homes for Rent in Otero County, NM from $1,000 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Otero County.
301 Alamosa
ChaparralNM88081
440 Glacier Dr
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.
604 Venus Ave
AlamogordoNM88310
2400 Saguaro Loop
AlamogordoNM88310
600 Coronado Drive
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.
3027 Los Robles
AlamogordoNM88310
Showing Results 1-7, 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 | $1,500 | $1,500 | $1,500 |
| Otero County 3 Bedroom Homes for Rent | $1,922 | $1,050 | $2,500 |
| Otero County 4 Bedroom Homes for Rent | $2,500 | $2,100 | $3,000 |
| Otero County 5 Bedroom Homes for Rent | $5,000 | $5,000 | $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 July 14, 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 36 Apartments for Rent in Otero County, NM with pricing that ranges from $411 to $2,000. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Otero County ranging from $1,050 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 $1,050 to $5,000 with an average monthly rent of $2,730.
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
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.
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.
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.