Cheap Apartments for Rent in Red River, NM from $300 (17 Rentals)

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

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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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.

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Red River, NM Local Guide

Cheapest Available Red River Apartments for Rent and Nearby

 

The cheapest available apartment rental in Red River, NM is a 1 Bed unit found at Tierra Montosa priced from $353. Santa Fe Suites in the Pueblos Del Sol neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here is today’s list of the most affordable Red River apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tierra Montosa1 Bedroom1BR,1BA$353
Santa Fe SuitesStudioStudio,1BA$899
4490 Bent Brothers Blvd1 Bed, 1 bath1BR,1BA$900
Myrtle Apartments - All Utilities IncludedStudioStudio,1BA$900
Sierra Blanca Senior LivingStudioStudio,1BA$1,100

Best Value Apartments for Rent in Red River, NM and Nearby

As of January 03, 2026 the best value apartment in the Red River area is the $2.04 price per square foot San Juan Model at South Meadows in the in the Pueblos Del Sol neighborhood starting from $2,722. The second greatest value Red River apartment is the 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta starting at $2,085 with a $1.58 price per square foot in the Tiempo Lindo neighborhood. Here is today’s list of the best values for Red River apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
South MeadowsSan Juan3BR,2BA$2.04
The Bluffs at Tierra Contenta4 Bedroom 2 Bathroom4BR,2BA$1.58
Cielo Luxury Living ApartmentsTwo Bedroom-Large2BR,2BA$2.06
Local 18962x1AR1T2 - 2X1 Renovated2BR,1BA$1.74
Soleras StationTwo Bedroom2BR,1BA$2.00
The MicaThe Pinon2BR,1BA$1.86
Tierra Montosa1 Bedroom1BR,1BA$0.49
Evergreen Apartments1x1-B1BR,1BA$1.70
4490 Bent Brothers Blvd1 Bed, 1 bath1BR,1BA$1.50
Talavera Apartment HomesSequoia1BR,1BA$2.03

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Red River, NM Rentals by Map

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See the most popular apartments and homes in Red River, NM

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Frequently Asked Questions about Cheap Red River Apartments

What is the Cheapest Studio apartment in Red River?

Currently the most affordable Cheap Studio Apartment in Red River is at Santa Fe Suites listed at $899.

How much is rent for a Cheap One Bedroom Red River Apartment?

The lowest price for a Cheap One Bedroom Red River Apartment is $353 at Tierra Montosa.

What is the lowest price for a Cheap Two Bedroom Red River Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Red River is starting from $417 at Tierra Montosa.

What is the most affordable Red River Three Bedroom Apartment?

The best deal on a cheap Red River Three Bedroom Apartment rental is at Tierra Montosa and starts from $479.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!