Cheap Apartments for Rent in Ponderosa, NM from $800 (43 Rentals)

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

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Odyssey Apartments
$1,070 - $1,985
Total Monthly Price

Total Monthly Price

Base Rent
$1,070 - $1,985
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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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  • Customer Reviewed
  • 3D Tour

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.

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Entrada Pointe
Rent Specials
$1,197 - $1,580
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Total Monthly Price

Base Rent
$1,197 - $1,580
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Entrada Pointe

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

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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Circ
Rent Specials
$1,382 - $2,160
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Total Monthly Price

Base Rent
$1,382 - $2,160
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1 to 3 Bedroom Apartments Available Now

Circ

10300 Golf Course Rd NWAlbuquerque, NM 87114
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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SkyStone Apartments
$1,570 - $6,067
Total Monthly Price

Total Monthly Price

Base Rent
$1,570 - $6,067
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

SkyStone Apartments

10800 Cibola Loop NWAlbuquerque, NM 87114
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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

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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The Orchards
1 to 2 Bedroom Apartments

The Orchards

247 U.S. 550Bernalillo, NM 87004
  • Utilities Included
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Olympus Latitude
Studio to 2 Bedroom Apartments

Olympus Latitude

6700 Modesto Ave NEAlbuquerque, NM 87113

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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Showing Results 1-43, Page 1 of 1

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. 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 Ponderosa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Myrtle Apartments - All Utilities IncludedStudioStudio,1BA$900
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$993
Arrowhead RidgeMesa 50%3BR,2BA$1,066
Odyssey Apartmentsa10a1BR,1BA$1,070
The PanoramaStudio BStudio,1BA$1,098
La Cantera Senior Apartments2x12BR,1BA$1,141
Desert WillowSonoma2BR,2BA$1,153
Entrada PointeStudioStudio,1BA$1,197
Puerta Del SolThe Barcelona1BR,1BA$1,225
City View1 Bed 1 Bath1BR,1BA$1,255

Best Value Apartments for Rent in Ponderosa, NM and Nearby

As of April 26, 2026 the best value apartment in the Ponderosa area is the $1.59 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 Ponderosa apartment is the Verdant Model at Via Verde starting at $2,235 with a $1.67 price per square foot in the Paradise Hills 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.
Horizon Village3BR/2.5BA3BR,2.5BA$1.59
Via VerdeVerdant2BR,2.5BA$1.67
Terra at Enchanted Hills2 X 2.5 (1-Car Gar)2BR,2.5BA$1.64
Cielo Alameda2x2d2BR,2BA$1.64
Arrowhead RidgeMesa 60%3BR,2BA$1.24
Via Vista Apartment CommunityCitrine Reno2BR,2BA$1.56
Eagle Ranch ApartmentsAlisal2BR,2BA$1.61
La Cantera Senior Apartments2x12BR,1BA$1.21
Desert WillowSonoma2BR,2BA$1.37
Cottonwood RanchMaple (Updated)1BR,1BA$1.69

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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 $993 at Casa de Encantada Senior Apartments.

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 $1,066.

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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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.

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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.

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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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.