
Cheap Homes for Rent in Ponderosa, NM from $1,600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Ponderosa.


1105 Calle Mesquite

924 Sawmill Rd

339 N Camino Del Pueblo

1143 Desert Sunflower Dr NE

3780 Rancher Loop NE

4868 Longs Peak Rd NE

4341 Trinity Dr

2309 Estrella Ct NE
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 | $2,286 | $1,910 | $2,500 |
| Ponderosa 3 Bedroom Homes for Rent | $2,261 | $1,695 | $3,000 |
| Ponderosa 4 Bedroom Homes for Rent | $2,541 | $2,095 | $3,500 |
| Ponderosa 5 Bedroom Homes for Rent | $2,897 | $2,895 | $2,900 |
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Myrtle Apartments - All Utilities Included | Studio | Studio,1BA | $900 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $993 |
| Canyon Walk Income Restricted | One Bedroom x One Bath | 1BR,1BA | $1,020 |
Best Value Apartments for Rent in Ponderosa, NM and Nearby
As of November 15, 2025 the best value apartment in the Ponderosa area is the $1.67 price per square foot 3BR/2.0BA Model at Horizon Village in the in the Baloon Fiesta Park neighborhood starting from $2,890. The second greatest value Ponderosa apartment is the Quartz Reno Model at Via Vista Apartment Community starting at $1,799 with a $1.55 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Horizon Village | 3BR/2.0BA | 3BR,2BA | $1.67 |
| Via Vista Apartment Community | Quartz Reno | 3BR,2BA | $1.55 |
| The Aspens | 2B Loft | 2BR,2BA | $1.42 |
| Resort at Sandia Village | 2 bed 2 bath | 2BR,2BA | $1.59 |
| La Cantera Senior Apartments | 2x1 | 2BR,1BA | $1.21 |
| Enchanted Vista Apartments | 2x2 | 2BR,2BA | $1.26 |
| Canyon Walk Income Restricted | One Bedroom x One Bath | 1BR,1BA | $1.14 |
| Desert Willow | Sonoma | 2BR,2BA | $1.37 |
| Circ | Madison | 1BR,1BA | $1.67 |
| Cottonwood Ranch | 1B: Maple (Upgraded) | 1BR,1BA | $1.68 |
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Frequently Asked Questions about Ponderosa
What type of rentals are currently available in Ponderosa?
There are currently 39 Apartments for Rent in Ponderosa, NM with pricing that ranges from $814 to $4,283. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ponderosa ranging from $1,695 to $3,500.
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 $1,695 to $3,500 with an average monthly rent of $2,496.
How much are larger Three and Four Bedroom Rentals in Ponderosa?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Ponderosa range from $1,228 to $4,283, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,095 and Four Bedroom Apartments start at $1,343.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.