
Cheap Homes for Rent in Pep, NM from $500 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Pep.


316 Wallace St

1200 Wallace St

1017 W 14th Ln

522 S Ave E
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.

517 E 7th St

1100 Wallace St

221 S Avenue J

709 1/2 Rencher St

416 W 6th St

1114 N Elgin Ave
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.

1015 Gidding St

615 N Avenue Q

1028 Mockingbird Ln

900 E Danube St

812 S Elgin Ave

3008 Sheridan St

307 N Avenue D
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.
Pep, NM Local Guide

How much does it cost to rent a home in Pep?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Pep 2 Bedroom Homes for Rent | $1,055 | $700 | $2,000 |
Pep 3 Bedroom Homes for Rent | $1,149 | $895 | $1,500 |
Pep 4 Bedroom Homes for Rent | $1,100 | $1,100 | $1,100 |
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. Mirador Apartments 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 |
Mirador Apartments | 1 BEDROOM | 1BR,1BA | $650 |
University Square | One Bedroom | 1BR,1BA | $650 |
Sierra Vista Village | 1B/1B Flat | 1BR,1BA | $650 |
Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $773 |
Best Value Apartments for Rent in Pep, NM and Nearby
As of September 10, 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 2x2 (1088sf) B3 Model at Sorrento Villas starting at $1,625 with a $1.49 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 |
Sorrento Villas | 2x2 (1088sf) B3 | 2BR,2BA | $1.49 |
Raintree Apartments | C1 | 2BR,2BA | $1.41 |
Townsgate Apartments | 300 Townsgate | 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 |
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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Pep
What type of rentals are currently available in Pep?
There are currently 42 Apartments for Rent in Pep, NM with pricing that ranges from $500 to $12,265. There are also 33 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 $989.
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 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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.