Apartments for Rent in Penasco, NM Under $2,000 (52 Rentals)

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The Mica
$1,935 - $2,537
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$1,935 - $2,537
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1 to 3 Bedroom Apartments Available Now

The Mica

825 Calle MejiaSanta Fe, NM 87501
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Arcadia
Rent Specials
$1,879 - $2,962
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$1,879 - $2,962
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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
$1,759 - $2,757
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Total Monthly Price

Base Rent
$1,759 - $2,757
Total Monthly Price
$1,759 - $2,757
1 to 3 Bedroom Apartments Available Now

Madera Apartments

2525 S Meadows RdSanta Fe, NM 87507
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Solwyn
Rent Specials
$1,644 - $2,679
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$1,644 - $2,679
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1 to 3 Bedroom Apartments Available Now

Solwyn

5520 Wellness WaySanta Fe, NM 87507
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Allaso High Desert
Rent Specials
$1,638 - $2,904
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$1,638 - $2,904
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1 to 3 Bedroom Apartments Available Now

Allaso High Desert

6701 Tennyson St NEAlbuquerque, NM 87111
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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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South Meadows
Rent Specials
$1,550 - $2,616
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$1,550 - $2,616
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1 to 3 Bedroom Apartments Available Now

South Meadows

2800 S Meadows RdSanta Fe, NM 87507
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Allaso Vineyards
Rent Specials
$1,530 - $2,418
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$1,530 - $2,418
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1 to 2 Bedroom Apartments Available Now

Allaso Vineyards

8901 Holly Ave NEAlbuquerque, NM 87122
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Local 1896
$1,478 - $1,946
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$1,478 - $1,946
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1 to 3 Bedroom Apartments Available Now

Local 1896

1896 Lorca DrSanta Fe, NM 87505
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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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Turquesa
Rent Specials
$1,594 - $2,678
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$1,594 - $2,678
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1 to 3 Bedroom Apartments Available Now

Turquesa

4700 Wagon RdSanta Fe, NM 87507
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property at 6894 CO-12

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

3 Bedroom, 1.5 Bath Home for Rent

Available Now

6894 CO-12

WestonCO81091
Showing Results 1-50, Page 1 of 2

Penasco, NM Local Guide

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 Penasco

How much are Studio apartments in Penasco?

There are currently 9 Studio Apartments in Penasco with rent ranges from $899 to $2,212 with an average price of $1,171.

What is the current price range for One Bedroom Penasco Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Penasco ranges from $491 to $2,958 with an average monthly rent of $1,676.

What does renting a Two Bedroom Apartment in Penasco cost?

The monthly rent prices of Two Bedroom Apartments currently available in Penasco range from $582 to $4,624. Today's average rental price for Two Bedrooms here is $2,330.

How expensive are Penasco Three Bedroom Apartments?

There are currently 26 Three Bedroom Apartments listings available in Penasco on ApartmentHomeLiving.com. The pricing ranges from $1,084 to $4,624 - averaging $3,000 for the location.

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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.