Cheap Apartments for Rent in Ponderosa, NM from $800 (40 Rentals)

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

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Odyssey Apartments
$1,158 - $2,169
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$1,158 - $2,169
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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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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
$1,284 - $1,567
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$1,284 - $1,567
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Studio to 2 Bedroom Apartments Available Now

Entrada Pointe

900 Country Club DrRio Rancho, NM 87124
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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
$1,389 - $2,026
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Total Monthly Price

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$1,389 - $2,026
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1 to 3 Bedroom Apartments Available Now

Circ

10300 Golf Course Rd NWAlbuquerque, NM 87114
Corporate Housing
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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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SkyStone Apartments
$1,633 - $5,736
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Total Monthly Price

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$1,633 - $5,736
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1 to 3 Bedroom Apartments Available Now

SkyStone Apartments

10800 Cibola Loop NWAlbuquerque, NM 87114
Corporate Housing
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  • 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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Olympus Latitude
Studio to 2 Bedroom Apartments

Olympus Latitude

6700 Modesto Ave NEAlbuquerque, NM 87113

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Showing Results 1-40, 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. 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 Ponderosa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Myrtle Apartments - All Utilities IncludedStudioStudio,1BA$900
Arrowhead RidgeTwo Bed/Two Bath - 60% AMI2BR,2BA$940
La Cantera Senior Apartments1x11BR,1BA$956
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$1,096
Puerta Del SolThe Barcelona1BR,1BA$1,099
Odyssey ApartmentsStudioStudio,1BA$1,158
The AspensBirch - Phase II1BR,1BA$1,205
River Walk at Puerta de CorralesGreenway LP1BR,1BA$1,234
City View1 Bed 1 Bath1BR,1BA$1,255
Desert WillowSonoma2BR,2BA$1,275

Best Value Apartments for Rent in Ponderosa, NM and Nearby

As of June 11, 2026 the best value apartment in the Ponderosa area is the $1.67 price per square foot Verdant Model at Via Verde in the in the Paradise Hills neighborhood starting from $2,235. The second greatest value Ponderosa apartment is the Ballard Model at Circ starting at $1,911 with a $1.60 price per square foot in the Sunrise Village at Northern Meadows 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 VerdeVerdant2BR,2.5BA$1.67
CircBallard3BR,2BA$1.60
Via Vista Apartment CommunityJade Reno3BR,2BA$1.68
Cottonwood RanchCypress (LUX)2BR,2BA$1.50
Arrowhead RidgeThree Bed/Two Bath - 60% AMI3BR,2BA$1.24
Sandoval Flats2AA (Wheelchair Accessible)2BR,2BA$1.30
Desert WillowSonoma2BR,2BA$1.52
Eagle Ranch ApartmentsLatigo1BR,1BA$1.74
Puerta Del SolThe Barcelona1BR,1BA$1.70
La Cantera Senior Apartments1x11BR,1BA$1.61

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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Real 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.

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

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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 $956 at La Cantera 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 $940 at Arrowhead Ridge.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.