
Cheap Homes for Rent in Ponderosa, NM from $1,400 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Ponderosa.


923 Country Club Dr SE
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1941 Lee Loop NE

540 Sedona Meadows Dr NE

956 Harrison Dr NE

1160 Sand Dune Rd NE

351 Western Hills Dr SE
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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1607 Costilla Rd

3504 Flat Iron Rd NE

1957 Round Up Dr NE

2903 Turf Ln SE
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 | $2,020 | $1,400 | $2,800 |
Ponderosa 3 Bedroom Homes for Rent | $2,169 | $1,749 | $3,300 |
Ponderosa 4 Bedroom Homes for Rent | $2,524 | $2,049 | $3,000 |
Browse Top Homes for Rent in Ponderosa
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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 Casa de Encantada Senior Apartments in the Encantado del Norte Heritage Series neighborhood priced from $993. Odyssey Apartments in the Sunrise Village at Northern Meadows neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,032. Here is today’s list of the most affordable Ponderosa apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $993 |
Odyssey Apartments | Studio | Studio,1BA | $1,032 |
Panorama | Studio B | Studio,1BA | $1,098 |
Entrada Pointe | Studio | Studio,1BA | $1,110 |
The Aspens | The Artist Loft | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Ponderosa, NM and Nearby
As of August 04, 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 Baloon Fiesta Park 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 $2,375 with a $1.44 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 | $1.44 |
Coronado Townhomes | 3x2 | 3BR,2BA | $1.35 |
Cottonwood Ranch | 2B SPL: Cypress (Premium) | 2BR,2BA | $1.45 |
Via Vista Apartment Community | Amber Reno | 2BR,2BA | $1.70 |
Resort at Sandia Village | 2x2 Reno | 2BR,2BA | $1.77 |
Enchanted Hills | Enchanted | 2BR,2BA | $1.66 |
Puerta Del Sol | The Marbella | 2BR,2BA | $1.67 |
The Aspens | The Maple - Phase II | 1BR,1BA | $1.67 |
Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1.71 |
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Frequently Asked Questions about Ponderosa
What type of rentals are currently available in Ponderosa?
There are currently 35 Apartments for Rent in Ponderosa, NM with pricing that ranges from $814 to $8,125. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ponderosa ranging from $1,400 to $3,300.
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 $1,400 to $3,300 with an average monthly rent of $2,237.
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 $8,125, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,749 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,049 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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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.