Cheap Apartments for Rent in Pep, NM from $400 (36 Rentals)

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

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1517 Cameo St
1 Bedroom Apartments

1517 Cameo St

1517 Cameo StClovis, NM 88101
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1021 N Mlk Blvd
Studio to 1 Bedroom Apartments

1021 N Mlk Blvd

1021 N Mlk BlvdClovis, NM 88101
  • Utilities Included
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1216 Dartmouth
2 Bedroom Apartments

1216 Dartmouth

1216 DartmouthClovis, NM 88101
  • Utilities Included
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1021 Gidding St
2 Bedroom Apartments

1021 Gidding St

1021 Gidding StClovis, NM 88101
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Central Place
1 to 2 Bedroom Apartments

Central Place

402 W 4th StHereford, TX 79045
  • Utilities Included
Showing Results 1-36, Page 1 of 1

Pep, NM Local Guide

Cheapest Available Pep Apartments for Rent and Nearby

 

The cheapest available apartment rental in Pep, NM is a 1 Bed unit found at Roselawn Manor priced from $422. University Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Pep apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Roselawn ManorOne Bedroom1BR,1BA$422
University SquareOne Bedroom1BR,1BA$650
Sierra Vista Village1B/1B Flat1BR,1BA$650
Mirador Apartments1 BEDROOM1BR,1BA$700
Saddlecreek ApartmentsCottonwood1BR,1BA$710
Pueblo ChamisaLea - One Bedroom1BR,1BA$720
Mesa Verde - FREE UtilitiesOne Bedroom1BR,1BA$773
Townsgate Apartments125 Townsgate E2BR,1BA$949
EMLI Artesia: Income Qualify TodayOne Bedroom - 60% Tax Credit1BR,1BA$987
2100 Fred Daugherty AveFred Daugherty2BR,2BA$1,000

Best Value Apartments for Rent in Pep, NM and Nearby

As of June 29, 2025 the best value apartment in the Pep area is the $0.92 price per square foot 3 Bed, 2 Bath Model at Villas of Briar Ridge in the starting from $1,099. The second greatest value Pep apartment is the Unfurnished Model at Summerwind Terrace Townhomes starting at $1,295 with a $1.18 price per square foot . Here is today’s list of the best values for Pep apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Villas of Briar Ridge3 Bed, 2 Bath3BR,1.5BA$0.92
Summerwind Terrace TownhomesUnfurnished2BR,1.5BA$1.18
2100 Fred Daugherty Ave2100 Fred Daughtery B2BR,2BA$0.91
Townsgate Apartments129 Townsgate2BR,1BA$1.06
EMLI Artesia: Income Qualify TodayOne Bedroom - 60% Tax Credit1BR,1BA$1.28
Pueblo ChamisaLea - One Bedroom1BR,1BA$1.19
Sierra Vista Village2B/1B1BR,1BA$1.42
Roselawn ManorOne Bedroom1BR,1BA$0.72
Mesa Verde - FREE UtilitiesOne Bedroom1BR,1BA$1.33
University SquareOne Bedroom1BR,1BA$1.12

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Frequently Asked Questions about Cheap Pep Apartments

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

The lowest price for a Cheap One Bedroom Pep Apartment is $422 at Roselawn Manor.

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

Today's best deal for a Cheap Two Bedroom Apartment in Pep is starting from $500 at Roselawn Manor.

What is the most affordable Pep Three Bedroom Apartment?

The best deal on a cheap Pep Three Bedroom Apartment rental is at Mesa Verde - FREE Utilities and starts from $1,073.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.