Cheap Apartments for Rent in Placitas, NM from $600 (16 Rentals)

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

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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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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Sandia Vista
1 to 3 Bedroom Apartments

Sandia Vista

492 Camino Don Tomas SBernalillo, NM 87004
  • Utilities Included

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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Showing Results 1-16, 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 Studio unit found at Canoan Village in the Northeast Quadrant neighborhood priced from $965. Casa de Encantada Senior Apartments in the Encantado del Norte Heritage Series neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $993. Here is today’s list of the most affordable Placitas apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Canoan VillageA1Studio,1BA$965
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$993
Tesoro on SpainC22BR,2BA$1,092
Blue Agave VillasThe RoadrunnerStudio,1BA$1,125
Enchanted Vista Apartments2x22BR,2BA$1,149

Best Value Apartments for Rent in Placitas, NM and Nearby

As of December 05, 2025 the best value apartment in the Placitas area is the $1.67 price per square foot 3BR/2.0BA Model at Horizon Village in the in the Baloon Fiesta Park neighborhood starting from $2,890. The second greatest value Placitas apartment is the Abo Model at Las Kivas starting at $1,465 with a $1.39 price per square foot in the Foothills 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 Village3BR/2.0BA3BR,2BA$1.67
Las KivasAbo2BR,1BA$1.39
Mesa Del Oso2 Bed 1 Bath2BR,1BA$1.57
Vista Del Sol Apartments2 Bed 2 Bath2BR,2BA$1.64
La Mirage Apartment HomesTijeras2BR,2BA$1.62
Enchanted Vista Apartments2x22BR,2BA$1.26
Broadstone Heights1x1-880-Full Renovation1BR,1BA$1.70
ArterraVadara1BR,1BA$1.56
Desert WillowSonoma2BR,2BA$1.37
Tesoro on SpainA21BR,1BA$1.57

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
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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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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.

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Quick Rent Budget Calculator

How much rent can you afford?

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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Pet Friendly Lifestyle
Placitas, NM

Ranked #10

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 Canoan Village listed at $965.

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

The lowest price for a Cheap One Bedroom Placitas Apartment is $993 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 $1,092 at Tesoro on Spain.

What is the most affordable Placitas Three Bedroom Apartment?

The best deal on a cheap Placitas Three Bedroom Apartment rental is at Enchanted Vista Apartments and starts from $1,321.

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.

decorative image for A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!