Cheap 1 Bedroom Apartments for Rent near Penasco, NM from $491 (33 Rentals)

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Exploring Rental Options: Apartments, Townhomes, and Lofts—Oh My!

Looking for the perfect rental? From apartments and condos to lofts and single family rentals, explore the unique pros and cons of each rental type to help you land in your perfect new place.

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Turquesa
Rent Specials
$1,571 - $1,815

Total Monthly Price

Base Rent$1,594 - $2,718
Total Monthly PriceVaries
1 Bedroom Apartments Available Now

Turquesa

4700 Wagon RdSanta Fe, NM 87507
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Allaso Vineyards
Rent Specials
$1,593 - $2,350

Total Monthly Price

Base Rent$1,647 - $2,350
Total Monthly PriceVaries
1 Bedroom Apartments Available Now

Allaso Vineyards

8901 Holly Ave NEAlbuquerque, NM 87122
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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

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South Meadows
Rent Specials
$1,604 - $1,756

Total Monthly Price

Base Rent$1,612 - $2,607
Total Monthly PriceVaries
1 Bedroom Apartments Available Now

South Meadows

2800 S Meadows RdSanta Fe, NM 87507
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Solwyn
Rent Specials
$1,610 - $1,859

Total Monthly Price

Base Rent$1,644 - $2,709
Total Monthly PriceVaries
1 Bedroom Apartments Available Now

Solwyn

5520 Wellness WaySanta Fe, NM 87507
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Arcadia
Rent Specials
$1,649 - $1,833

Total Monthly Price

Base Rent$1,683 - $2,962
Total Monthly PriceVaries
1 Bedroom Apartments Available Now

Arcadia

5300 Las Soleras DrSanta Fe, NM 87507
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Local 1896
$1,679 - $1,806

Total Monthly Price

Base Rent$1,761 - $2,053
Total Monthly PriceVaries
1 Bedroom Apartments Available Now

Local 1896

1896 Lorca DrSanta Fe, NM 87505
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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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Madera Apartments
$1,725 - $1,759

Total Monthly Price

Base Rent$1,725 - $2,509
Total Monthly Price$1,725 - $2,509
1 Bedroom Apartments Available Sep 7

Madera Apartments

2525 S Meadows RdSanta Fe, NM 87507
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Allaso High Desert
Rent Specials
$1,747 - $2,150

Total Monthly Price

Base Rent$1,821 - $2,920
Total Monthly PriceVaries
1 Bedroom Apartments Available Sep 7

Allaso High Desert

6701 Tennyson St NEAlbuquerque, NM 87111
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Vista Linda
1 Bedroom Apartments

Vista Linda

6332 Entrada de MilagroSanta Fe, NM 87507
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Casa Loma Apartments
1 Bedroom Apartments

Casa Loma Apartments

100 Rio Vista PlSanta Fe, NM 87501
Corporate Housing

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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Showing Results 1-33, Page 1 of 1

Penasco, NM Local Guide

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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.

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

Explore Penasco, NM Rentals by Map

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See the most popular apartments and homes in Penasco, NM

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Frequently Asked Questions about Cheap Penasco Apartments

What is the Cheapest Studio apartment in Penasco?

Currently the most affordable Cheap Studio Apartment in Penasco is at Tierra Montosa listed at $353.

How much is rent for a Cheap One Bedroom Penasco Apartment?

The lowest price for a Cheap One Bedroom Penasco Apartment is $353 at Tierra Montosa.

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

Today's best deal for a Cheap Two Bedroom Apartment in Penasco is starting from $353 at Tierra Montosa.

What is the most affordable Penasco Three Bedroom Apartment?

The best deal on a cheap Penasco Three Bedroom Apartment rental is at Tierra Montosa and starts from $353.

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

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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

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.

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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.