12 Camino del Campo Santo
PlacitasNM87043
Cheap Homes for Rent in Placitas, NM from $1,000 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Placitas.
937 Country Club Dr SE
Rio RanchoNM87124
5801 Lowell St NE
AlbuquerqueNM87111
11115 Sidney Ave NE
AlbuquerqueNM87111
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.
4701 Morris St NE
AlbuquerqueNM87111
4929 Osuna Pl NE
AlbuquerqueNM87111
908 Bursum Ln SE
Rio RanchoNM87124
6501 San Antonio Dr NE
AlbuquerqueNM87109
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.
401 Cerro De Ortega Dr SE
Rio RanchoNM87124
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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 a home in Placitas?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Placitas 2 Bedroom Homes for Rent | $1,897 | $1,050 | $2,500 |
| Placitas 3 Bedroom Homes for Rent | $2,545 | $1,795 | $4,000 |
| Placitas 4 Bedroom Homes for Rent | $2,732 | $2,200 | $3,200 |
| Placitas 5 Bedroom Homes for Rent | $2,797 | $2,595 | $3,000 |
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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 1 Bed unit found at Casa de Encantada Senior Apartments in the Encantado del Norte Heritage Series neighborhood priced from $895. Arrowhead Ridge in the Sunrise Village at Northern Meadows neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $940. Here is today’s list of the most affordable Placitas apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $895 |
| Arrowhead Ridge | Two Bed/Two Bath - 60% AMI | 2BR,2BA | $940 |
| Canoan Village | A1 | Studio,1BA | $1,017 |
Best Value Apartments for Rent in Placitas, NM and Nearby
As of May 08, 2026 the best value apartment in the Placitas area is the $1.35 price per square foot 3BR/2.5BA Model at Horizon Village in the in the Baloon Fiesta Park neighborhood starting from $2,750. The second greatest value Placitas apartment is the 2 X 2.5 (1-Car Gar) Model at Terra at Enchanted Hills starting at $1,999 with a $1.64 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Horizon Village | 3BR/2.5BA | 3BR,2.5BA | $1.35 |
| Terra at Enchanted Hills | 2 X 2.5 (1-Car Gar) | 2BR,2.5BA | $1.64 |
| Cielo Alameda | 2x2d | 2BR,2BA | $1.64 |
| Broadstone Heights | 2X2-1135-Upgraded | 2BR,2BA | $1.59 |
| Arrowhead Ridge | Three Bed/Two Bath - 60% AMI | 3BR,2BA | $1.24 |
| Las Kivas | Abo | 2BR,1BA | $1.35 |
| Sandoval Flats | 2AA (Wheelchair Accessible) | 2BR,2BA | $1.31 |
| Arterra | Vadara | 1BR,1BA | $1.66 |
| Desert Willow | Sonoma | 2BR,2BA | $1.37 |
| Tesoro on Spain | A1 | 1BR,1BA | $1.52 |
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.
Read ArticleQuick 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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See the most popular apartments and homes in Placitas, NM
Frequently Asked Questions about Placitas
What type of rentals are currently available in Placitas?
There are currently 42 Apartments for Rent in Placitas, NM with pricing that ranges from $940 to $3,011. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Placitas ranging from $1,050 to $4,000.
What is the current price range for Rental Homes in Placitas?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Placitas ranges from $1,050 to $4,000 with an average monthly rent of $2,492.
How much are larger Three and Four Bedroom Rentals in Placitas?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Placitas range from $1,066 to $2,964, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,646.
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.
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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.
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.
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.
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.