Cheap Apartments for Rent in Placitas, NM from $700 (22 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

Check Out Albuquerque’s Best Affordable Neighborhoods

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

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Mountain Run
1 to 2 Bedroom Apartments

Mountain Run

5800 Eubank Blvd NEAlbuquerque, NM 87111
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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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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 Panorama in the Sunrise Village at Northern Meadows neighborhood priced from $970. Blue Agave Villas in the Sunrise Village at Northern Meadows neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,145. Here is today’s list of the most affordable Placitas apartments for rent:

Apartment ListingModel NameBed/BathPriced From
PanoramaStudio CStudio,1BA$970
Blue Agave VillasThe RoadrunnerStudio,1BA$1,145
OverlookVista1BR,1BA$1,195
Spring ParkJuniper1BR,1BA$1,195
Enchanted HillsAcoma1BR,1BA$1,270

Best Value Apartments for Rent in Placitas, NM and Nearby

As of July 12, 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 2 X 2.5 (2-Car Gar) Model at Terra at Enchanted Hills starting at $2,095 with a $1.72 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 Hills2 X 2.5 (2-Car Gar)2BR,2.5BA$1.72
Las KivasAbo2BR,1BA$1.55
Mesa Del Oso2 Bed 2 Bath A2BR,2BA$1.69
Tesoro on SpainC32BR,2BA$1.40
Canoan VillageC1 Renovated2BR,2BA$1.58
ArterraVadara1BR,1BA$1.64
Enchanted HillsDiego2BR,1BA$1.71
Allegro at Tanoan1 Bedroom 1 Bath1BR,1BA$1.67
La Mirage Apartment HomesSandia1BR,1BA$1.72

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Pet Friendly Lifestyle
Placitas, NM

Ranked #36

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 $1,195 at Spring Park.

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 $1,353 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 Arterra and starts from $1,935.

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.