
New Apartments for Rent in Penasco, NM (25 Rentals)


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Turquesa

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Solwyn

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Madera Apartments

Elevate at Oslo

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The Hill
First Apartment Regrets: Real Renters Share What They'd Do Differently
Your first apartment comes with a learning curve nobody warns you about. Hear from real renters who've been there and get the advice they wish someone had given them on day one.

Presidium Casa Siena

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South Meadows

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Allaso Vineyards

Camino Real Apartments

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Allaso High Desert

Art House Apartments
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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Arcadia

Altitude at Vizcaya

Cielo Luxury Living Apartments

Terra at Enchanted Hills

Amare Santa Fe

Casa de Encantada Senior Apartments
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.

Canyon Walk Income Restricted

The Orchards

Ochenta Apartments

Soleras Station

Shoofly Station Apartments

Acequia Lofts
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.

Sierra Blanca Senior Living
Penasco, NM Local Guide

How much does it cost to rent an apartment in Penasco?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Penasco Studio Apartments | $1,236 | $900 | $2,183 |
| Penasco 1 Bedroom Apartments | $1,694 | $491 | $2,958 |
| Penasco 2 Bedroom Apartments | $2,181 | $582 | $4,196 |
| Penasco 3 Bedroom Apartments | $2,961 | $1,084 | $4,324 |
| Penasco 4 Bedroom Apartments | $2,476 | $2,350 | $2,639 |
Browse Top Apartments in Penasco
See all Apartments in PenascoExplore Penasco
Penasco, NM Local Guide
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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.
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 Penasco, NM Rentals by Map
See the most popular apartments and homes in Penasco, NM
Frequently Asked Questions about New Penasco Apartments
What is the Cheapest New apartment in Penasco?
Currently the most affordable New Apartment in Penasco is at Elevate at Oslo listed at $1,225.
How much is the average rent for a New Penasco Apartment?
The average rent for a New Apartment in Penasco is $2,124.
What is the largest New Penasco Apartment for rent?
Today's New apartment with the most square footage in Penasco is a 1,786 square feet unit starting from $2,224 at Amare Santa Fe.
What is the average size for Penasco New Apartments for rent?
The average size for a New rental in Penasco is currently at 655 sq ft.
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

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.

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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.