
Cheap Apartments for Rent in Paguate, NM from $400 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Paguate.


Bluewater Village

The Beach

Villa Hermosa

Mesa Ridge Apartments

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Aydan

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Stride West

Taylor Ridge Apartments
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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.

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The Aubry

Del Rio Apartments

City View

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Taylor Ranch

Puerta Del Sol

Eagle Ranch Apartments

Q @ Bosque Trail

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Circ
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.

Resort at Sandia Village

Villas @ Rio

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Cantata at the Trails

Monterey Place

Wintergreen Apartments

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Diamond Mesa

Via Vista Apartment Community

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Overture Andalucia 55+ Active Adult Apartment Homes
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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The Eleanor at Rio Rancho

Andalucia Villas

Affinity at Albuquerque 55+

Canon de Arrowhead

Marbella-Income Restricted Waitlist

Adobe Manor Apartments

Route 66 Headquarters

El Campo Apartments
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Tierra Pointe

Volcanes Commons

Ceja Vista Senior 55+

Welcome Home To Rio Volcan!

3717 Alamogordo Dr NW

21 Corsica Dr SE

6041 Sequoia Rd NW

556 Apache Loop SW
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3031 Grogan St NW

2840 Quail Pointe Dr NW

874 Baltic Ave SE

Phoenix Apartments: Rises Above the Rest!
Paguate, NM Local Guide

How much does it cost to rent an apartment in Paguate?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Paguate Studio Apartments | $1,429 | $840 | $1,826 |
| Paguate 1 Bedroom Apartments | $1,490 | $439 | $2,129 |
| Paguate 2 Bedroom Apartments | $1,861 | $895 | $3,995 |
| Paguate 3 Bedroom Apartments | $2,448 | $1,150 | $3,930 |
| Paguate 4 Bedroom Apartments | $3,323 | $1,300 | $3,763 |
Browse Top Apartments in Paguate
See all Apartments in PaguateExplore Paguate
Paguate, NM Local Guide
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Cheapest Available Paguate Apartments for Rent and Nearby
 The cheapest available apartment rental in Paguate, NM is a 1 Bed unit found at Generations at West Mesa in the Ironhorse at El Rancho Grande neighborhood priced from $439. Tierra Pointe in the Ironhorse at El Rancho Grande neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $879. Here is today’s list of the most affordable Paguate apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Generations at West Mesa | One Bedroom 584 Sq Ft | 1BR,1BA | $439 |
| Tierra Pointe | S1 | Studio,1BA | $879 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
| Villa Hermosa | The Aztec | 1BR,1BA | $973 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1,154 |
| Aydan | Pinon Renovated | 1BR,1BA | $1,170 |
| Puerta Del Sol | The Barcelona | 1BR,1BA | $1,199 |
| Taylor Ridge Apartments | Two Bedroom One Bath | 2BR,1BA | $1,200 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1,239 |
| City View | 1 Bed 1 Bath | 1BR,1BA | $1,255 |
Best Value Apartments for Rent in Paguate, NM and Nearby
As of May 26, 2026 the best value apartment in the Paguate area is the $1.49 price per square foot Cordoba 1UVF Model at Andalucia Villas in the in the Northwest Quadrant neighborhood starting from $2,265. The second greatest value Paguate apartment is the Verdant Model at Via Verde starting at $2,235 with a $1.67 price per square foot in the Paradise Hills neighborhood. Here is today’s list of the best values for Paguate apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Andalucia Villas | Cordoba 1UVF | 3BR,2BA | $1.49 |
| Via Verde | Verdant | 2BR,2.5BA | $1.67 |
| Taylor Ridge Apartments | Three Bedroom | 3BR,2BA | $1.28 |
| Circ | Ballard | 3BR,2BA | $1.65 |
| Via Vista Apartment Community | Jade Reno | 3BR,2BA | $1.67 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| Mesa Ridge Apartments | The Manzano | 2BR,2BA | $1.43 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.37 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.38 |
| Villa Hermosa | The Aztec | 1BR,1BA | $1.40 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Paguate, NM Rentals by Map
See the most popular apartments and homes in Paguate, NM
Frequently Asked Questions about Cheap Paguate Apartments
How much is rent for a Cheap One Bedroom Paguate Apartment?
The lowest price for a Cheap One Bedroom Paguate Apartment is $439 at Generations at West Mesa.
What is the lowest price for a Cheap Two Bedroom Paguate Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Paguate is starting from $911 at Tierra Pointe.
What is the most affordable Paguate Three Bedroom Apartment?
The best deal on a cheap Paguate Three Bedroom Apartment rental is at Villa Hermosa and starts from $1,249.
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

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.

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.