Cheap Apartments for Rent near Ponderosa, NM from $800 (42 Rentals)

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

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Odyssey Apartments
Rent Specials
$1,154 - $1,940
Total Monthly Price

Total Monthly Price

Base Rent
$1,154 - $1,940
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Odyssey Apartments

10600 Cibola Loop NWAlbuquerque, NM 87114
Corporate Housing
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Entrada Pointe
$1,197 - $1,567
Total Monthly Price

Total Monthly Price

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$1,197 - $1,567
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Entrada Pointe

900 Country Club DrRio Rancho, NM 87124
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Circ
Rent Specials
$1,299 - $2,069
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $2,069
Total Monthly Price
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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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  • 3D Tour

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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SkyStone Apartments
$1,597 - $7,976
Total Monthly Price

Total Monthly Price

Base Rent
$1,597 - $7,976
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

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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Olympus Latitude
Studio to 2 Bedroom Apartments

Olympus Latitude

6700 Modesto Ave NEAlbuquerque, NM 87113

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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Showing Results 1-42, 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
The PanoramaStudio FStudio,1BA$970
Desert WillowMadera1BR,1BA$1,061
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$1,096
Odyssey ApartmentsStudioStudio,1BA$1,154
The AspensMaple1BR,1BA$1,219
River Walk at Puerta de CorralesGreenway LP1BR,1BA$1,249
Puerta Del SolThe ValenciaStudio,1BA$1,269

Best Value Apartments for Rent in Ponderosa, NM and Nearby

As of July 26, 2026 the best value apartment in the Ponderosa 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 Ponderosa apartment is the 3 x 3.5 (1-car Gar) Model at Terra at Enchanted Hills starting at $2,495 with a $1.52 price per square foot in the Encantado del Norte Heritage Series 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$1.44
Terra at Enchanted Hills3 x 3.5 (1-car Gar)3BR,3.5BA$1.52
Via VerdeJade 2-Car Garage Attached2BR,2.5BA$1.65
CircBallard3BR,2BA$1.63
Resort at Sandia Village3bed 2 bath3BR,2BA$1.61
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
Eagle Ranch ApartmentsLatigo1BR,1BA$1.72
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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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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Pet Friendly Lifestyle

Ranked #

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

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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 $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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.

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.