Cheap Apartments for Rent in Ponderosa, NM from $800 (25 Rentals)

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

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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Entrada Pointe
Rent Specials
$1,195 - $1,788
Total Monthly Price

Total Monthly Price

Base Rent
$1,173 - $1,766
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Varies
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Entrada Pointe

900 Country Club DrRio Rancho, NM 87124
Affordability
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  • Customer Reviewed

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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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Odyssey Apartments
$1,345 - $2,197
Total Monthly Price

Total Monthly Price

Base Rent
$1,177 - $2,029
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Studio to 3 Bedroom Apartments Available Now

Odyssey Apartments

10600 Cibola Loop NWAlbuquerque, NM 87114
Corporate Housing
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The Orchards
1 to 2 Bedroom Apartments

The Orchards

247 U.S. 550Bernalillo, NM 87004
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Ponderosa, NM Local Guide

Cheapest Available Ponderosa Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ponderosa, NM is a Studio unit found at Myrtle Apartments - All Utilities Included priced from $900. Desert Willow in the Baloon Fiesta Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $964. Here is today’s list of the most affordable Ponderosa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Myrtle Apartments - All Utilities IncludedStudioStudio,1BA$900
Desert WillowMadera1BR,1BA$964
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$993
PanoramaStudio BStudio,1BA$1,098
La Cantera Senior Apartments2x22BR,2BA$1,141

Best Value Apartments for Rent in Ponderosa, NM and Nearby

As of March 12, 2026 the best value apartment in the Ponderosa area is the $1.70 price per square foot JADE Model at Via Verde in the in the Paradise Hills neighborhood starting from $1,925. The second greatest value Ponderosa apartment is the Pagosa Model at Eagle Ranch Apartments starting at $1,626 with a $1.45 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Ponderosa apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Via VerdeJADE2BR,2BA$1.70
Eagle Ranch ApartmentsPagosa2BR,2BA$1.45
Arrowhead RidgeMesa 60%3BR,2BA$1.24
Via Vista Apartment CommunityAmber2BR,2BA$1.72
Resort at Sandia Village2x2 Reno2BR,2BA$1.60
La Cantera Senior Apartments2x12BR,1BA$1.21
Enchanted Vista Apartments2x12BR,1BA$1.32
Cottonwood RanchMaple (Premium)1BR,1BA$1.66
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$1.71
Desert WillowMadera1BR,1BA$1.68

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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Cash 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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Ponderosa, NM Rentals by Map

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See the most popular apartments and homes in Ponderosa, NM

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Frequently Asked Questions about Cheap Ponderosa Apartments

What is the Cheapest Studio apartment in Ponderosa?

Currently the most affordable Cheap Studio Apartment in Ponderosa is at Myrtle Apartments - All Utilities Included listed at $900.

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

The lowest price for a Cheap One Bedroom Ponderosa Apartment is $964 at Desert Willow.

What is the lowest price for a Cheap Two Bedroom Ponderosa Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Ponderosa is starting from $1,141 at La Cantera Senior Apartments.

What is the most affordable Ponderosa Three Bedroom Apartment?

The best deal on a cheap Ponderosa Three Bedroom Apartment rental is at Arrowhead Ridge and starts from $1,337.

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

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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.

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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.

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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.

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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.