Cheap Apartments for Rent in Pinon, NM from $400 (44 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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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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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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Roselawn Manor
1 to 3 Bedroom Apartments

Roselawn Manor

800 S Roselawn AveArtesia, NM 88210
Senior Living
  • Utilities Included
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205 Mechem Dr
Studio to 3 Bedroom Apartments

205 Mechem Dr

205 Mechem DrRuidoso, NM 88345
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100 Lower Terrace Dr
Studio to 2 Bedroom Apartments

100 Lower Terrace Dr

100 Lower Terrace DrRuidoso, NM 88345

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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311 Mechem Dr
Studio to 3 Bedroom Apartments

311 Mechem Dr

311 Mechem DrRuidoso, NM 88345
  • Utilities Included
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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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708 W 13th St
1 Bedroom Apartments

708 W 13th St

708 W 13th StRoswell, NM 88201
Corporate Housing
  • Smoke Free
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301 Mechem Dr
2 to 3 Bedroom Apartments

301 Mechem Dr

301 Mechem DrRuidoso, NM 88345
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Paseo at McCombs
1 to 3 Bedroom Apartments

Paseo at McCombs

10626 McCombs StEl Paso, TX 79924
  • Utilities Included
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Three Palms Apartments
1 to 3 Bedroom Apartments

Three Palms Apartments

12949 Eastbrook DrEl Paso, TX 79938
Military
  • Utilities Included
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101 N 25th St
1 to 2 Bedroom Apartments

101 N 25th St

101 N 25th StArtesia, NM 88210
  • Utilities Included

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.

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Showing Results 1-44, Page 1 of 1

Pinon, NM Local Guide

Cheapest Available Pinon Apartments for Rent and Nearby

 

The cheapest available apartment rental in Pinon, NM is a 1 Bed unit found at Azotea Apartments 62+ priced from $544. Cottonwood Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $554. Here is today’s list of the most affordable Pinon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Azotea Apartments 62+1 Bedroom1BR,1BA$544
Cottonwood Commons1 Bedroom1BR,1BA$554
Mirador Apartments1 BEDROOM1BR,1BA$700
Sierra Vista Village2B/1B SS2BR,1BA$700
La Tierra 55+1 Bedroom1BR,1BA$770
Van Horne Estates ApartmentsOne Bedroom One Bathroom1BR,1BA$810
La Mirada Apartments1 Bed 1 Bath1BR,1BA$820
Mesa Verde - FREE UtilitiesTwo Bedroom2BR,1BA$929
Villas at Sandstone2 Bed 1 Bath2BR,1BA$963
EMLI Artesia: Income Qualify TodayOne Bedroom - 60% Tax Credit1BR,1BA$987

Best Value Apartments for Rent in Pinon, NM and Nearby

As of May 27, 2026 the best value apartment in the Pinon area is the $0.94 price per square foot Three Bedroom Model at Mountain View Estates- Income Restricted in the in the Stanton Heights neighborhood starting from $1,111. The second greatest value Pinon apartment is the 2 Bed 1 Bath Model at Villas at Sandstone starting at $963 with a $1.03 price per square foot in the Eastview neighborhood. Here is today’s list of the best values for Pinon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mountain View Estates- Income RestrictedThree Bedroom3BR,2BA$0.94
Villas at Sandstone2 Bed 1 Bath2BR,1BA$1.03
Mesa Verde - FREE UtilitiesTwo Bedroom2BR,1BA$1.15
La Tierra 55+2 Bedrooms2BR,1BA$1.16
EMLI Artesia: Income Qualify TodayOne Bedroom - 60% Tax Credit1BR,1BA$1.28
Azotea Apartments 62+1 Bedroom1BR,1BA$0.73
Van Horne Estates ApartmentsOne Bedroom One Bathroom1BR,1BA$1.08
Cottonwood Commons1 Bedroom1BR,1BA$1.01
Mirador Apartments1 BEDROOM1BR,1BA$1.09
Sierra Vista Village2B/1B1BR,1BA$1.17

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 Pinon, NM Rentals by Map

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See the most popular apartments and homes in Pinon, NM

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Frequently Asked Questions about Cheap Pinon Apartments

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

The lowest price for a Cheap One Bedroom Pinon Apartment is $544 at Azotea Apartments 62+.

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

Today's best deal for a Cheap Two Bedroom Apartment in Pinon is starting from $700 at Sierra Vista Village.

What is the most affordable Pinon Three Bedroom Apartment?

The best deal on a cheap Pinon Three Bedroom Apartment rental is at Cottonwood Commons and starts from $621.

Expert Rental Resources

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.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.