Cheap Apartments for Rent in Placitas, NM from $700 (23 Rentals)

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

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Sandia Vista
2 Bedroom Apartments

Sandia Vista

492 Camino Don Tomas SBernalillo, NM 87004
  • Utilities Included
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The Orchards
1 to 2 Bedroom Apartments

The Orchards

247 U.S. 550Bernalillo, NM 87004
  • Utilities Included

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Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi

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property at 247 US-550

247 US-550

BernalilloNM87004
Showing Results 1-23, Page 1 of 1

Placitas, NM Local Guide

Cheapest Available Placitas Apartments for Rent and Nearby

 

The cheapest available apartment rental in Placitas, NM is a 1 Bed unit found at Felician Villa I - Senior 55+ in the Sunrise Village at Northern Meadows neighborhood priced from $929. Panorama in the Sunrise Village at Northern Meadows neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $970. Here is today’s list of the most affordable Placitas apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Felician Villa I - Senior 55+One Bedroom1BR,1BA$929
PanoramaStudio CStudio,1BA$970
Telegraph Hill1x1-5371BR,1BA$1,099
Tesoro on SpainA21BR,1BA$1,100
OverlookRidgeview1BR,1BA$1,195

Best Value Apartments for Rent in Placitas, NM and Nearby

As of June 20, 2025 the best value apartment in the Placitas area is the $1.66 price per square foot 3x2 (Medium) Model at Horizon Village Rental Homes in the in the Baloon Fiesta Park neighborhood starting from $2,875. The second greatest value Placitas apartment is the 3 x 3.5 (2-car Gar) Model at Terra at Enchanted Hills starting at $2,495 with a $1.51 price per square foot in the Encantado del Norte Heritage Series neighborhood. Here is today’s list of the best values for Placitas apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Horizon Village Rental Homes3x2 (Medium)3BR,2BA$1.66
Terra at Enchanted Hills3 x 3.5 (2-car Gar)3BR,3.5BA$1.51
QuincyBEACON3BR,2BA$1.54
Coronado Townhomes3x23BR,2BA$1.42
Las Kivas ApartmentsAbo2BR,1BA$1.55
Canoan VillageC1 Renovated2BR,2BA$1.60
Enchanted HillsEnchanted2BR,2BA$1.66
ArterraVadara1BR,1BA$1.66
Tesoro on SpainA21BR,1BA$1.45
Felician Villa I - Senior 55+One Bedroom1BR,1BA$1.44

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Pet Friendly Lifestyle
Placitas, NM

Ranked #4

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Placitas, NM Rentals by Map

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See the most popular apartments and homes in Placitas, NM

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Getting Around Placitas, NM

Walk Score®

10 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

13 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Placitas Apartments

What is the Cheapest Studio apartment in Placitas?

Currently the most affordable Cheap Studio Apartment in Placitas is at Panorama listed at $970.

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

The lowest price for a Cheap One Bedroom Placitas Apartment is $929 at Felician Villa I - Senior 55+.

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

Today's best deal for a Cheap Two Bedroom Apartment in Placitas is starting from $1,104 at Felician Villa I - Senior 55+.

What is the most affordable Placitas Three Bedroom Apartment?

The best deal on a cheap Placitas Three Bedroom Apartment rental is at Coronado Townhomes and starts from $1,895.

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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