1864 Blackberry Rd NE
Rio RanchoNM87144
Cheap Homes for Rent near Ponderosa, NM from $1,695 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Ponderosa.
1512 Penasco Rd NE
Rio RanchoNM87144
3013 Taos Meadows Dr NE
Rio RanchoNM87144
1024 Waterfall Dr
Rio RanchoNM87144
3473 Martin Meadows Dr NE
Rio RanchoNM87144
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.
7281 Spruce Mountain Loop NE
Rio RanchoNM87144
3444 Stony Meadows Cir
Rio RanchoNM87144
536 Soothing Meadows Dr NE
Rio RanchoNM87144
3541 Lavender Meadows Dr NE
Rio RanchoNM87144
3716 Rancher Loop NE
Rio RanchoNM87144
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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Ponderosa, NM Local Guide
Aspens In The Fall by Bud Ellison is licensed under CC BY 2.0
How much does it cost to rent a home in Ponderosa?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ponderosa 2 Bedroom Homes for Rent | $1,695 | $1,695 | $1,695 |
| Ponderosa 3 Bedroom Homes for Rent | $2,200 | $1,800 | $2,500 |
| Ponderosa 4 Bedroom Homes for Rent | $3,083 | $2,050 | $7,000 |
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Myrtle Apartments - All Utilities Included | Studio | Studio,1BA | $900 |
| Arrowhead Ridge | Two Bed/Two Bath - 60% AMI | 2BR,2BA | $940 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $995 |
Best Value Apartments for Rent in Ponderosa, NM and Nearby
As of August 24, 2026 the best value apartment in the Ponderosa area is the $1.40 price per square foot 3BR/2.5BA Model at Horizon Village in the in the Baloon Fiesta Park neighborhood starting from $2,850. The second greatest value Ponderosa apartment is the Verdant 2-Car Garage Attached Model at Via Verde starting at $2,135 with a $1.59 price per square foot in the Paradise Hills 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/2.5BA | 3BR,2.5BA | $1.40 |
| Via Verde | Verdant 2-Car Garage Attached | 2BR,2.5BA | $1.59 |
| Via Vista Apartment Community | Jade | 3BR,2BA | $1.68 |
| Arrowhead Ridge | Three Bed/Two Bath - 60% AMI | 3BR,2BA | $1.24 |
| Resort at Sandia Village | 2 bed 2 bath | 2BR,2BA | $1.59 |
| La Cantera Senior Apartments | 2x1 | 2BR,1BA | $1.21 |
| Desert Willow | Sonoma | 2BR,2BA | $1.51 |
| Circ | Madison | 1BR,1BA | $1.70 |
| Sandoval Flats | 1A | 1BR,1BA | $1.47 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1.72 |
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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See the most popular apartments and homes in Ponderosa, NM
Frequently Asked Questions about Ponderosa
What type of rentals are currently available in Ponderosa?
There are currently 41 Apartments for Rent in Ponderosa, NM with pricing that ranges from $900 to $4,319. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ponderosa ranging from $1,695 to $7,000.
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 $1,695 to $7,000 with an average monthly rent of $2,485.
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 $1,066 to $4,319, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $2,500. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $1,644.
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
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.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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.