
Cheap Homes for Rent in Ponderosa, NM from $1,100 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Ponderosa.


000 Rockaway Blvd NE

916 Tiffin Meadows Dr

420 Vancouver Pl SE

5605 Crown Ridge Rd NW
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.

1638 Perma Dr NE

4740 Jessica Dr NE

780 Archibeque Ave SE

6520 Quail Run Rd NE

3012 Winston Meadows Dr NE
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.
Ponderosa, NM Local Guide

How much does it cost to rent a home in Ponderosa?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Ponderosa 2 Bedroom Homes for Rent | $1,475 | $1,100 | $1,700 |
Ponderosa 3 Bedroom Homes for Rent | $2,156 | $1,700 | $2,600 |
Ponderosa 4 Bedroom Homes for Rent | $2,488 | $1,750 | $2,795 |
Ponderosa 5 Bedroom Homes for Rent | $3,447 | $2,895 | $4,000 |
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Ponderosa, NM Local Guide
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Cheapest Available Ponderosa Apartments for Rent and Nearby
 The cheapest available apartment rental in Ponderosa, NM is a 1 Bed unit found at Felician Villa I - Senior 55+ in the Sunrise Village at Northern Meadows neighborhood priced from $929. Odyssey Apartments in the Sunrise Village at Northern Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $979. Here is today’s list of the most affordable Ponderosa apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Felician Villa I - Senior 55+ | One Bedroom | 1BR,1BA | $929 |
Odyssey Apartments | a10a | 1BR,1BA | $979 |
Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $993 |
Best Value Apartments for Rent in Ponderosa, NM and Nearby
As of May 29, 2025 the best value apartment in the Ponderosa area is the $1.66 price per square foot 3x2 (Medium) Model at Horizon Village Rental Homes in the in the La Cienega del Norte neighborhood starting from $2,875. The second greatest value Ponderosa apartment is the 3 x 3.5 (2-car Gar) Model at Terra at Enchanted Hills starting at $2,495 with a $1.51 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Horizon Village Rental Homes | 3x2 (Medium) | 3BR,2BA | $1.66 |
Terra at Enchanted Hills | 3 x 3.5 (2-car Gar) | 3BR,3.5BA | $1.51 |
Cottonwood Ranch | 2B SPL: Cypress (Premium) | 2BR,2BA | $1.45 |
Via Vista Apartment Community | Amber Reno | 2BR,2BA | $1.76 |
Entrada Pointe | Two Bedroom Two Bathroom | 2BR,2BA | $1.68 |
Canyon Walk Income Restricted | One Bedroom | 1BR,1BA | $1.27 |
The Aspens | The Maple | 1BR,1BA | $1.61 |
Eagle Ranch Apartments | Latigo | 1BR,1BA | $1.67 |
Felician Villa I - Senior 55+ | One Bedroom | 1BR,1BA | $1.44 |
Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1.71 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Ponderosa
What type of rentals are currently available in Ponderosa?
There are currently 31 Apartments for Rent in Ponderosa, NM with pricing that ranges from $929 to $6,834. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ponderosa ranging from $1,100 to $4,000.
What is the current price range for Rental Homes in Ponderosa?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Ponderosa ranges from $1,100 to $4,000 with an average monthly rent of $2,391.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.