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Cheap Homes for Rent in Pep, NM from $400 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Pep.
519 1/2 Gidding St
ClovisNM88101
209 Gidding St
ClovisNM88101
1320 Pile St
ClovisNM88101
1010 N Avenue A
PortalesNM88130
522 S Ave E
PortalesNM88130
120 Navajo Rd
ClovisNM88101
1403 S Prince St
ClovisNM88101
221 S Avenue J
PortalesNM88130
506 E 1st St
PortalesNM88130
523 W 14th St
PortalesNM88130
416 W 6th St
PortalesNM88130
Showing Results 1-12, Page 1 of 1
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 | $1,092 | $600 | $2,000 |
| Pep 3 Bedroom Homes for Rent | $1,243 | $725 | $1,595 |
| Pep 4 Bedroom Homes for Rent | $1,575 | $1,550 | $1,600 |
| Pep 5 Bedroom Homes for Rent | $1,200 | $1,200 | $1,200 |
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 July 26, 2025 the best value apartment in the Pep area is the $0.86 price per square foot 2100 Fred Daugherty Model at 2100 Fred Daugherty Ave in the starting from $950. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2100 Fred Daugherty Ave | 2100 Fred Daugherty | 2BR,2BA | $0.86 |
| Summerwind Terrace Townhomes | Unfurnished | 2BR,1.5BA | $1.18 |
| Sorrento Villas | 2x2 (1088sf) B3 | 2BR,2BA | $1.49 |
| EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $1.28 |
| Eagle Creek | One Bedroom | 1BR,1BA | $1.54 |
| Pueblo Chamisa | Lea - One Bedroom | 1BR,1BA | $1.19 |
| Sierra Vista Village | 2B/1B | 1BR,1BA | $1.42 |
| Roselawn Manor | One Bedroom | 1BR,1BA | $0.72 |
| Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $1.33 |
| University Square | One Bedroom | 1BR,1BA | $1.12 |
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Frequently Asked Questions about Pep
What type of rentals are currently available in Pep?
There are currently 39 Apartments for Rent in Pep, NM with pricing that ranges from $495 to $5,512. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pep ranging from $495 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 $495 to $2,000 with an average monthly rent of $1,145.
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.
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.
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.