12 Camino del Campo Santo
PlacitasNM87043
Cheap Apartments for Rent in Placitas, NM from $600 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Placitas.
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$940 - $1,3371 to 3 Bedroom Apartments Available Now
Arrowhead Ridge
4515 Arrowhead Ridge Dr SERio Rancho, NM 87124
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$970 - $1,098Studio Apartments Available Now
The Panorama
1465 Rio Rancho Blvd SERio Rancho, NM 87124
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$1,065 - $1,2751 to 2 Bedroom Apartments Available Now
Desert Willow
8901 Jefferson St NEAlbuquerque, NM 87113
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$1,095 - $1,6441 to 4 Bedroom Apartments Available Now
Sandoval Flats
3200 Camino Encantadas NERio Rancho, NM 87144
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$1,096 - $1,3131 to 2 Bedroom Apartments Available Now
Casa de Encantada Senior Apartments
7780 Paseo 550 Dr NERio Rancho, NM 87144
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$1,145 - $1,620Studio to 2 Bedroom Apartments Available Now
Blue Agave Villas
4101 Meadowlark Ln SERio Rancho, NM 87124
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$1,150 - $1,9651 to 2 Bedroom Apartments Available Now
Overlook
6200 Eubank Blvd NEAlbuquerque, NM 87111
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$1,164 - $1,757
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,164 - $1,757
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Canoan Village
5300 Eubank Blvd NEAlbuquerque, NM 87111
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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$1,205 - $1,9931 to 2 Bedroom Apartments Available Now
Tesoro on Spain
9900 Spain Rd NEAlbuquerque, NM 87111
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$1,215 - $1,519
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,215 - $1,519
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CIBOLA VILLAGE
12400 Montgomery Blvd NEAlbuquerque, NM 87111
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$1,235 - $1,7291 to 2 Bedroom Apartments Available Now
Telegraph Hill
7000 Louisiana Blvd NEAlbuquerque, NM 87109
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$1,271 - $1,841
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,271 - $1,841
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Spring Park
5801 Eubank Blvd NEAlbuquerque, NM 87111
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$1,280 - $1,7901 to 2 Bedroom Apartments Available Now
Vista Del Sol Apartments
7100 Louisiana Blvd NEAlbuquerque, NM 87109
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$1,290 - $1,8101 to 3 Bedroom Apartments Available Aug 7
Enchanted Hills
4401 Safelite Blvd NERio Rancho, NM 87144
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$1,311 - $1,868
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,311 - $1,868
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Quincy
5905 Tierra Antigua St NEAlbuquerque, NM 87111
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$1,385 - $1,5201 to 2 Bedroom Apartments Available Now
The Orchards
247 U.S. 550Bernalillo, NM 87004
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$1,399 - $2,1341 to 3 Bedroom Apartments Available Now
Broadstone Heights
8100 Barstow St NEAlbuquerque, NM 87122
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
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$1,413 - $2,9741 to 3 Bedroom Apartments Available Now
Allegro at Tanoan
6601 Tennyson St NEAlbuquerque, NM 87111
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$1,415 - $3,5751 to 3 Bedroom Apartments Available Now
Arterra
8300 Wyoming Blvd NEAlbuquerque, NM 87113
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$1,424 - $2,3261 to 3 Bedroom Apartments Available Now
La Mirage Apartment Homes
10700 Academy Rd NEAlbuquerque, NM 87111
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$1,459 - $1,7251 to 2 Bedroom Apartments Available Now
Meadowlark Apartments
4201 Meadowlark Ln SERio Rancho, NM 87124
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$1,479 - $2,343
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,479 - $2,343
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Allaso Journal Center
7800 Headline Blvd NEAlbuquerque, NM 87109
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$1,515 - $3,9651 to 3 Bedroom Apartments Available Now
Altezza High Desert
6000 Cortaderia St NEAlbuquerque, NM 87111
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$1,530 - $2,418
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,530 - $2,418
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Allaso Vineyards
8901 Holly Ave NEAlbuquerque, NM 87122
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$1,535 - $1,7951 to 3 Bedroom Apartments Available Now
Coronado Townhomes
266 Lucas LnBernalillo, NM 87004
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$1,593 - $2,488
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,593 - $2,488
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Allaso Olivine
6925 Alameda Blvd NEAlbuquerque, NM 87113
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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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$1,619 - $2,206
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,619 - $2,206
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Ottavo
6350 Eubank Blvd NEAlbuquerque, NM 87111
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$1,638 - $2,904
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1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,638 - $2,904
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Allaso High Desert
6701 Tennyson St NEAlbuquerque, NM 87111
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$1,695 - $2,4351 to 2 Bedroom Apartments Available Jul 10
Cielo Alameda
6201 Oakland Ave NEAlbuquerque, NM 87113
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1 to 3 Bedroom Apartments
Sandia Vista
492 Camino Don Tomas SBernalillo, NM 87004
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1 to 2 Bedroom Apartments
Felician Villa I - Senior 55+
1301 Stephanie Rd SERio Rancho, NM 87124
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1 to 2 Bedroom Apartments
Felician Villa II - Senior 55+
1325 Stephanie RdRio Rancho, NM 87124
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1 to 2 Bedroom Apartments
Mountain Run Apartments
5800 Eubank Blvd NEAlbuquerque, NM 87111
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Studio to 2 Bedroom Apartments
Olympus Latitude
6700 Modesto Ave NEAlbuquerque, NM 87113
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2 to 3 Bedroom Apartments
Las Kivas
4777 Tramway Blvd NEAlbuquerque, NM 87111
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.
925 Country Club Dr SE
Rio RanchoNM87124
1105 Calle Mesquite
BernalilloNM87004
5519 Fence Lake Dr NE
Rio RanchoNM87144
Showing Results 1-39, Page 1 of 1
Placitas, NM Local Guide
Las Placitas Presbyterian Church by John Phelan is licensed under CC BY-SA 3.0
How much does it cost to rent an apartment in Placitas?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Placitas Studio Apartments | $1,294 | $970 | $1,688 |
| Placitas 1 Bedroom Apartments | $1,520 | $961 | $2,514 |
| Placitas 2 Bedroom Apartments | $1,689 | $940 | $2,974 |
| Placitas 3 Bedroom Apartments | $1,953 | $1,066 | $2,950 |
| Placitas 4 Bedroom Apartments | $1,644 | $1,644 | $1,644 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Placitas
See all Apartments in PlacitasExplore Placitas
Placitas, NM Local Guide
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Cheapest Available Placitas Apartments for Rent and Nearby
The cheapest available apartment rental in Placitas, NM is a 2 Beds unit found at Arrowhead Ridge in the Sunrise Village at Northern Meadows neighborhood priced from $940. The 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arrowhead Ridge | Two Bed/Two Bath - 60% AMI | 2BR,2BA | $940 |
| The Panorama | Studio F | Studio,1BA | $970 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1,096 |
| Overlook | Vista | 1BR,1BA | $1,155 |
| Canoan Village | B1 | 1BR,1BA | $1,176 |
| Mountain Run Apartments | Sandia | 1BR,1BA | $1,195 |
| Tesoro on Spain | A2 | 1BR,1BA | $1,205 |
| CIBOLA VILLAGE | A1 | 1BR,1BA | $1,215 |
| Quincy | Ballinger Renovated | 1BR,1BA | $1,253 |
| Spring Park | Juniper | 1BR,1BA | $1,271 |
Best Value Apartments for Rent in Placitas, NM and Nearby
As of June 23, 2026 the best value apartment in the Placitas area is the $1.44 price per square foot 3BR/2.5BA Model at Horizon Village in the in the Baloon Fiesta Park neighborhood starting from $2,950. The second greatest value Placitas apartment is the 2X2-1135-Full Renovation Model at Broadstone Heights starting at $1,825 with a $1.61 price per square foot in the Academy Hills neighborhood. Here is today’s list of the best values for Placitas apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Horizon Village | 3BR/2.5BA | 3BR,2.5BA | $1.44 |
| Broadstone Heights | 2X2-1135-Full Renovation | 2BR,2BA | $1.61 |
| Las Kivas | Isleta | 2BR,2BA | $1.47 |
| Arrowhead Ridge | Three Bed/Two Bath - 60% AMI | 3BR,2BA | $1.24 |
| Allegro at Tanoan | 2 Bedroom 2 Bath | 2BR,2BA | $1.70 |
| Sandoval Flats | 2AA (Wheelchair Accessible) | 2BR,2BA | $1.30 |
| La Mirage Apartment Homes | Tijeras | 2BR,2BA | $1.66 |
| Arterra | Vadara | 1BR,1BA | $1.61 |
| Desert Willow | Sonoma | 2BR,2BA | $1.52 |
| Tesoro on Spain | A1 | 1BR,1BA | $1.60 |
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
Read Article
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.
Read ArticleReal 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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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 The 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 $1,096 at Casa de Encantada Senior Apartments.
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 $940 at Arrowhead Ridge.
What is the most affordable Placitas Three Bedroom Apartment?
The best deal on a cheap Placitas Three Bedroom Apartment rental is at Arrowhead Ridge and starts from $1,337.
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.
Helpful Local Expert Guides
A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque
Written by: Esther Lombardi
Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.
The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Written by: Esther Lombardi
There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.
Albuquerque Uncovered: Your Local Experts Guide to the High Desert City
Written by: Esther Lombardi
Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.
Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.
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Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
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Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.