
Cheap Apartments for Rent in Pena Blanca, NM from $800 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in Pena Blanca.


Myrtle Apartments - All Utilities Included

Sandoval Flats

Enchanted Vista Apartments

Sierra Blanca Senior Living

Blue Agave Villas

Vista Alegre Apartments

Evergreen Apartments
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.

Entrada Pointe

Elevate at Oslo

Casa Loma Apartments

Vizcaya

Enchanted Hills

Dakota Canyon

Talavera Apartment Homes

Artista
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.

Canyon Walk Income Restricted

Vista Linda

Meadowlark Apartments

Presidium Casa Siena

South Meadows

Turquesa
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Coronado Townhomes

San Isidro - Washer/Dryer Included

The Bluffs at Tierra Contenta

Cielo Luxury Living Apartments

Soleras Station

Casa de Encantada Senior Apartments

247 US-550
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

1506 Agua Fria St
Pena Blanca, NM Local Guide

How much does it cost to rent an apartment in Pena Blanca?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pena Blanca Studio Apartments | $1,226 | $899 | $1,914 |
| Pena Blanca 1 Bedroom Apartments | $1,719 | $931 | $2,832 |
| Pena Blanca 2 Bedroom Apartments | $2,022 | $1,086 | $4,271 |
| Pena Blanca 3 Bedroom Apartments | $2,281 | $1,228 | $4,462 |
| Pena Blanca 4 Bedroom Apartments | $1,419 | $1,343 | $2,455 |
Browse Top Apartments in Pena Blanca
See all Apartments in Pena BlancaExplore Pena Blanca
Pena Blanca, NM Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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 $899. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Santa Fe Suites | Studio | Studio,1BA | $899 |
| Myrtle Apartments - All Utilities Included | Studio | Studio,1BA | $900 |
| Enchanted Vista Apartments | 1x1 | 1BR,1BA | $964 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $993 |
| Sierra Blanca Senior Living | Studio | Studio,1BA | $1,100 |
| Blue Agave Villas | The Roadrunner | Studio,1BA | $1,125 |
| Vista Alegre Apartments | Studio, 1 Bath | Studio,1BA | $1,140 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $1,149 |
| Entrada Pointe | Studio | Studio,1BA | $1,173 |
| Elevate at Oslo | Studio - 325 | Studio,1BA | $1,250 |
Best Value Apartments for Rent in Pena Blanca, NM and Nearby
As of November 29, 2025 the best value apartment in the Pena Blanca area is the $1.73 price per square foot 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta in the in the Tiempo Lindo neighborhood starting from $2,285. The second greatest value Pena Blanca apartment is the 2 x 2.5 (2-car Gar) Model at Terra at Enchanted Hills starting at $2,175 with a $1.78 price per square foot in the Encantado del Norte Heritage Series neighborhood. Here is today’s list of the best values for Pena Blanca apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Bluffs at Tierra Contenta | 4 Bedroom 2 Bathroom | 4BR,2BA | $1.73 |
| Terra at Enchanted Hills | 2 x 2.5 (2-car Gar) | 2BR,2.5BA | $1.78 |
| Via Vista Apartment Community | Amber Reno | 2BR,2BA | $1.82 |
| Soleras Station | Two Bedroom | 2BR,1BA | $2.00 |
| The Mica | The Pinon | 2BR,1BA | $1.75 |
| Coronado Townhomes | 2x2 | 2BR,2BA | $2.01 |
| Local 1896 | 1x1ArT1 - 1X1 Renovated | 1BR,1BA | $1.95 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $1.70 |
| Enchanted Vista Apartments | 1x1 | 1BR,1BA | $1.47 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1.71 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
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 Pena Blanca, NM Rentals by Map
See the most popular apartments and homes in Pena Blanca, NM
Getting Around Pena Blanca, NM
Walk Score®
1 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
14 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $899.
How much is rent for a Cheap One Bedroom Pena Blanca Apartment?
The lowest price for a Cheap One Bedroom Pena Blanca Apartment is $964 at Enchanted Vista 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 $1,149 at Enchanted Vista Apartments.
What is the most affordable Pena Blanca Three Bedroom Apartment?
The best deal on a cheap Pena Blanca Three Bedroom Apartment rental is at Enchanted Vista Apartments and starts from $1,321.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.


