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Cheap Homes for Rent in Pep, NM from $500 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Pep.
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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.
209 Gidding St
ClovisNM88101
519 1/2 Gidding St
ClovisNM88101
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1404 S Avenue J
PortalesNM88130
522 S Ave E
PortalesNM88130
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.
120 Navajo Rd
ClovisNM88101
901 Sheldon St
ClovisNM88101
1016 W 14th St
PortalesNM88130
506 E 1st St
PortalesNM88130
615 N Avenue Q
PortalesNM88130
1028 Mockingbird Ln
ClovisNM88101
808 S Elgin Ave
PortalesNM88130
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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.
720 S Dallas Ave
PortalesNM88130
1708 W Fir St
PortalesNM88130
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Pep, NM Local Guide
Flowers in bloom in New Mexico by R0Ng is licensed under CC BY 2.0
How much does it cost to rent a home in Pep?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pep 2 Bedroom Homes for Rent | $1,202 | $600 | $2,000 |
| Pep 3 Bedroom Homes for Rent | $1,423 | $900 | $1,900 |
| Pep 4 Bedroom Homes for Rent | $1,665 | $1,400 | $1,900 |
Browse Top Homes for Rent in Pep
Explore Pep
Pep, NM Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Roselawn Manor | One Bedroom | 1BR,1BA | $422 |
| University Square | One Bedroom | 1BR,1BA | $650 |
| Sierra Vista Village | 1B/1B Flat | 1BR,1BA | $650 |
| Mirador Apartments | 1 BEDROOM | 1BR,1BA | $700 |
| Pueblo Chamisa | Lea - One Bedroom | 1BR,1BA | $720 |
Best Value Apartments for Rent in Pep, NM and Nearby
As of June 04, 2025 the best value apartment in the Pep area is the $1.18 price per square foot Unfurnished Model at Summerwind Terrace Townhomes in the starting from $1,295. The second greatest value Pep apartment is the 2100 Fred Daughtery B Model at 2100 Fred Daugherty Ave starting at $1,000 with a $0.91 price per square foot . Here is today’s list of the best values for Pep apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Summerwind Terrace Townhomes | Unfurnished | 2BR,1.5BA | $1.18 |
| 2100 Fred Daugherty Ave | 2100 Fred Daughtery B | 2BR,2BA | $0.91 |
| Townsgate Apartments | 129 Townsgate | 2BR,1BA | $1.06 |
| Gidding Apartments | 3401 Gidding | 2BR,1BA | $1.06 |
| Villas of Briar Ridge | 2 Bed, 1 Bath | 2BR,1BA | $1.31 |
| EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $1.28 |
| Christa Lee Manor Apartments | F27 | 1BR,1BA | $1.16 |
| Pueblo Chamisa | Lea - One Bedroom | 1BR,1BA | $1.19 |
| Roselawn Manor | One Bedroom | 1BR,1BA | $0.72 |
| University Square | One Bedroom | 1BR,1BA | $1.12 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Pep
What type of rentals are currently available in Pep?
There are currently 41 Apartments for Rent in Pep, NM with pricing that ranges from $495 to $5,504. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pep ranging from $525 to $2,000.
What is the current price range for Rental Homes in Pep?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Pep ranges from $525 to $2,000 with an average monthly rent of $1,227.
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.
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.
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.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.