12 Camino del Campo Santo
PlacitasNM87043
Cheap Homes for Rent in Placitas, NM from $1,000 (4 Rentals)
Search the lowest-cost Homes available for rent right now in Placitas.
925 Country Club Dr SE
Rio RanchoNM87124
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.
1105 Calle Mesquite
BernalilloNM87004
5519 Fence Lake Dr NE
Rio RanchoNM87144
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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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 | $1,863 | $1,050 | $2,299 |
| Placitas 3 Bedroom Homes for Rent | $2,648 | $1,740 | $4,000 |
| Placitas 4 Bedroom Homes for Rent | $2,814 | $2,000 | $5,000 |
| Placitas 5 Bedroom Homes for Rent | $2,650 | $2,400 | $2,900 |
Browse Top Homes for Rent in Placitas
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Placitas, NM Local Guide
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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.
Read ArticleQuick Rent Budget Calculator
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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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Explore Placitas, NM Rentals by Map
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 $2,974. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Placitas ranging from $1,050 to $5,000.
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 $5,000 with an average monthly rent of $2,493.
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 $2,950, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,740 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,644.
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.
Articles, How-To's, and Tips
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
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.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
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.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
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.