2507 Alaska Ave
AlamogordoNM88310
Cheap Homes for Rent in Otero County, NM from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Otero County.
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$8751 Bedroom Apartments Available Apr 15
1317 E 8th St
1317 E 8th StAlamogordo, NM 88310
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$9751 Bedroom Apartments Available Apr 7
1317 E 8th St
1317 E 8th StAlamogordo, NM 88310
Conveniently located 3 Bedroom, 1 bath home
402 Spruce Ave
AlamogordoNM88310
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$1,3501 Bedroom Apartments Available Apr 8
800 Adams Ave
800 Adams AveAlamogordo, NM 88310
819 15th St
AlamogordoNM88310
Beautiful views of the mountains on quiet street
1503 American Way
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.
1118 18th St
AlamogordoNM88310
1007 Dexter Ln
AlamogordoNM88310
505 N Scenic Dr
AlamogordoNM88310
230 Mountain Meadow Rd
TularosaNM88352
Roomy 3 Bedroom Home with a Fireplace
1706 College Ave
AlamogordoNM88310
Three Bedroom Home with Bonus Room
2509 Westminster Ave
AlamogordoNM88310
810 Santa Cruz Dr
AlamogordoNM88310
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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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 3 Bedroom Homes for Rent | $1,640 | $1,150 | $2,400 |
| Otero County 4 Bedroom Homes for Rent | $2,350 | $1,800 | $2,900 |
| Otero County 5 Bedroom Homes for Rent | $3,900 | $2,800 | $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 |
| Cielo at Alamogordo | 3 Bedroom 2 Bathroom | 3BR,1BA | $1,150 |
| Las Ventanas | C1 | 3BR,3BA | $1,594 |
Best Value Apartments for Rent in Otero County, NM
As of February 27, 2026 the best value apartment in the Otero County area is the $1.46 price per square foot C1 Model at Las Ventanas in the starting from $1,594. The second greatest value Otero County apartment is the 3 Bedroom 2 Bathroom Model at Cielo at Alamogordo starting at $1,150 with a $1.22 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 | C1 | 3BR,3BA | $1.46 |
| Cielo at Alamogordo | 3 Bedroom 2 Bathroom | 3BR,1BA | $1.22 |
| 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 38 Apartments for Rent in Otero County, NM with pricing that ranges from $411 to $1,305. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Otero County ranging from $750 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 $750 to $5,000 with an average monthly rent of $2,160.
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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.