Cheap Apartments for Rent in Pep, NM from $300 (31 Rentals)

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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.

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1021 N Mlk Blvd
Studio to 2 Bedroom Apartments

1021 N Mlk Blvd

1021 N Mlk BlvdClovis, NM 88101
  • Utilities Included
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804 Stanton Pl
1 to 2 Bedroom Apartments

804 Stanton Pl

804 Stanton PlClovis, NM 88101

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.

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221 Gayland Dr
1 Bedroom Apartments

221 Gayland Dr

221 Gayland DrClovis, NM 88101
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1216 Dartmouth
2 Bedroom Apartments

1216 Dartmouth

1216 DartmouthClovis, NM 88101
  • Utilities Included

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.

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Sierra Vista Village
1 to 4 Bedroom Apartments

Sierra Vista Village

28 W Martin StRoswell, NM 88203
  • Utilities Included
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1021 Gidding St
2 Bedroom Apartments

1021 Gidding St

1021 Gidding StClovis, NM 88101

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.

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. Tierra Blanca has the second lowest priced unit, which is a 2 Beds apartment currently listed from $444. Here is today’s list of the most affordable Pep apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Roselawn ManorOne Bedroom1BR,1BA$422
Tierra Blanca22-302BR,2BA$444
221 Gayland Dr221 Gayland1BR,1BA$525
Mirador Apartments1 BEDROOM1BR,1BA$650
Sierra Vista Village2B/1B SS2BR,1BA$700
Mesa Verde - FREE UtilitiesOne Bedroom1BR,1BA$773
Blue Water Garden1 Bed / 1 Bath1BR,1BA$869
Saddlecreek ApartmentsPalmetto2BR,2BA$890
Townsgate Apartments133 Townsgate2BR,1BA$950
300-304 Townsgate Plz300 Townsgate2BR,1BA$950

Best Value Apartments for Rent in Pep, NM and Nearby

As of November 07, 2025 the best value apartment in the Pep area is the $1.17 price per square foot 3 Bed, 1.5 Bath Model at Villas of Briar Ridge in the starting from $1,395. 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, 1.5 Bath3BR,1.5BA$1.17
Summerwind Terrace TownhomesUnfurnished2BR,1.5BA$1.18
Tierra Blanca22-602BR,2BA$1.05
Townsgate Apartments133 Townsgate2BR,1BA$1.06
300-304 Townsgate Plz300 Townsgate2BR,1BA$1.06
Saddlecreek ApartmentsPalmetto2BR,2BA$1.05
EMLI Artesia: Income Qualify TodayOne Bedroom - 60% Tax Credit1BR,1BA$1.28
Sierra Vista Village2B/1B1BR,1BA$1.17
Roselawn ManorOne Bedroom1BR,1BA$0.72
221 Gayland Dr221 Gayland1BR,1BA$1.04

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The 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.

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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.

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

Explore Pep, NM Rentals by Map

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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 $444 at Tierra Blanca.

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.