Cheap Apartments for Rent near Pena Blanca, NM from $900 (53 Rentals)

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Search the lowest-cost Apartments available for rent right now in Pena Blanca.

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Entrada Pointe
$1,197 - $1,567
Total Monthly Price

Total Monthly Price

Base Rent
$1,197 - $1,567
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Entrada Pointe

900 Country Club DrRio Rancho, NM 87124
Affordability
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  • Customer Reviewed

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Local 1896
$1,266 - $1,896
Total Monthly Price

Total Monthly Price

Base Rent
$1,266 - $1,896
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Local 1896

1896 Lorca DrSanta Fe, NM 87505
Furnished
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The Mica
$1,434 - $2,135
Total Monthly Price

Total Monthly Price

Base Rent
$1,434 - $2,135
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Mica

825 Calle MejiaSanta Fe, NM 87501
Eco-Friendly
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Cresta Ranch
$1,443 - $2,227
Total Monthly Price

Total Monthly Price

Base Rent
$1,443 - $2,227
Total Monthly Price
$1,443 - $2,227
2 to 3 Bedroom Apartments Available Now

Cresta Ranch

48 Raptor RdSanta Fe, NM 87508
Eco-Friendly
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  • Low Income
  • Smoke Free
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Turquesa
Rent Specials
$1,594 - $2,718
Total Monthly Price

Total Monthly Price

Base Rent
$1,594 - $2,718
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Turquesa

4700 Wagon RdSanta Fe, NM 87507
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South Meadows
Rent Specials
$1,612 - $2,526
Total Monthly Price

Total Monthly Price

Base Rent
$1,612 - $2,526
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

South Meadows

2800 S Meadows RdSanta Fe, NM 87507
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Solwyn
Rent Specials
$1,644 - $2,709
Total Monthly Price

Total Monthly Price

Base Rent
$1,644 - $2,709
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Solwyn

5520 Wellness WaySanta Fe, NM 87507
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Arcadia
Rent Specials
$1,683 - $2,962
Total Monthly Price

Total Monthly Price

Base Rent
$1,683 - $2,962
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Arcadia

5300 Las Soleras DrSanta Fe, NM 87507
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Madera Apartments
$1,725 - $2,509
Total Monthly Price

Total Monthly Price

Base Rent
$1,725 - $2,509
Total Monthly Price
$1,725 - $2,509
1 to 3 Bedroom Apartments Available Now

Madera Apartments

2525 S Meadows RdSanta Fe, NM 87507
Outdoors
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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.

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Casa Loma Apartments
Studio to 3 Bedroom Apartments

Casa Loma Apartments

100 Rio Vista PlSanta Fe, NM 87501
Corporate Housing
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Vista Linda
1 to 4 Bedroom Apartments

Vista Linda

6332 Entrada de MilagroSanta Fe, NM 87507
Senior Living
property at 1307 Rufina Ln

$1,650 - $1,700

2 Bedroom Rentals

Available Now

1307 Rufina Ln

Santa FeNM87507
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Acequia Lofts
1 to 2 Bedroom Apartments

Acequia Lofts

2725 Agua Fria StSanta Fe, NM 87507

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.

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Pena Blanca, NM Local Guide

Cheapest Available Pena Blanca Apartments for Rent and Nearby

 

The cheapest available apartment rental in Pena Blanca, NM is a Studio unit found at Santa Fe Suites in the Pueblos Del Sol neighborhood priced from $900. Myrtle Apartments - All Utilities Included has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Pena Blanca apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Santa Fe SuitesStudioStudio,1BA$900
Myrtle Apartments - All Utilities IncludedStudioStudio,1BA$900
Casitas Del BellaEfficiency w/ stove topStudio,1BA$925
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$995
Sandoval Flats1A1BR,1BA$1,095
Sierra Blanca Senior LivingStudioStudio,1BA$1,100
Vista Alegre ApartmentsStudio, 1 BathStudio,1BA$1,178
Elevate at OsloStudio - 325Studio,1BA$1,225
Local 18961x1ArT1 - 1X1 Renovated1BR,1BA$1,266
Blue Agave VillasThe Grove1BR,1BA$1,290

Best Value Apartments for Rent in Pena Blanca, NM and Nearby

As of August 24, 2026 the best value apartment in the Pena Blanca area is the $1.89 price per square foot San Juan Model at South Meadows in the in the Pueblos Del Sol neighborhood starting from $2,526. The second greatest value Pena Blanca apartment is the 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta starting at $2,350 with a $1.78 price per square foot in the Tiempo Lindo neighborhood. Here is today’s list of the best values for Pena Blanca apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
South MeadowsSan Juan3BR,2BA$1.89
The Bluffs at Tierra Contenta4 Bedroom 2 Bathroom4BR,2BA$1.78
Terra at Enchanted Hills2 X 2.5 (1-Car Gar)2BR,2.5BA$1.78
Via Vista Apartment CommunityJade3BR,2BA$1.68
Cresta RanchThree Bedroom - 70% AMI3BR,2BA$1.74
Cielo Luxury Living ApartmentsTwo Bedroom2BR,2BA$1.83
Local 18962x1AR1T2 - 2X1 Renovated2BR,1BA$1.86
Enchanted HillsDiego2BR,1BA$1.74
Sandoval Flats1A1BR,1BA$1.47
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$1.72

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.

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Real 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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Pena Blanca, NM Rentals by Map

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Frequently Asked Questions about Cheap Pena Blanca Apartments

What is the Cheapest Studio apartment in Pena Blanca?

Currently the most affordable Cheap Studio Apartment in Pena Blanca is at Santa Fe Suites listed at $900.

How much is rent for a Cheap One Bedroom Pena Blanca Apartment?

The lowest price for a Cheap One Bedroom Pena Blanca Apartment is $995 at Casa de Encantada Senior Apartments.

What is the lowest price for a Cheap Two Bedroom Pena Blanca Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Pena Blanca is starting from $1,298 at Sandoval Flats.

What is the most affordable Pena Blanca Three Bedroom Apartment?

The best deal on a cheap Pena Blanca Three Bedroom Apartment rental is at Sandoval Flats and starts from $1,486.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.