
Cheap Homes for Rent in Placitas, NM from $1,400 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Placitas.


1178 Calle Madera

7176 Labrador Dr NE
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.

5801 Lowell St NE

508 Cerro De Ortega Dr SE

488 Mountain Shadows Rd
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.

5833 Sandoval Dr NE
Placitas, NM Local Guide

How much does it cost to rent a home in Placitas?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Placitas 2 Bedroom Homes for Rent | $2,324 | $1,400 | $4,800 |
| Placitas 3 Bedroom Homes for Rent | $2,423 | $1,575 | $4,500 |
| Placitas 4 Bedroom Homes for Rent | $2,631 | $2,175 | $3,150 |
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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 Studio unit found at Panorama in the Sunrise Village at Northern Meadows neighborhood priced from $970. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Panorama | Studio C | Studio,1BA | $970 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $993 |
| Blue Agave Villas | The Roadrunner | Studio,1BA | $1,125 |
Best Value Apartments for Rent in Placitas, NM and Nearby
As of January 31, 2026 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 2X2-1135-Full Renovation Model at Broadstone Heights starting at $1,799 with a $1.59 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/2.0BA | 3BR,2BA | $1.67 |
| Broadstone Heights | 2X2-1135-Full Renovation | 2BR,2BA | $1.59 |
| Mesa Del Oso | 2 Bed 2 Bath A | 2BR,2BA | $1.54 |
| Las Kivas | Abo | 2BR,1BA | $1.68 |
| La Mirage Apartment Homes | Tijeras | 2BR,2BA | $1.62 |
| Arterra | Vadara | 1BR,1BA | $1.59 |
| Desert Willow | Sonoma | 2BR,2BA | $1.37 |
| Allegro at Tanoan | 1 Bedroom 1 Bath | 1BR,1BA | $1.63 |
| Tesoro on Spain | A1 | 1BR,1BA | $1.64 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1.71 |
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 ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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 $814 to $3,938. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Placitas ranging from $1,400 to $4,800.
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 $1,400 to $4,800 with an average monthly rent of $2,459.
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 $1,228 to $3,938, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,575 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,175 and Four Bedroom Apartments start at $1,343.
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.
Articles, How-To's, and Tips

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.