
Cheap Apartments for Rent in Reserve, NM from $600 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Reserve.


1031 E High St

1276 Washington

Timberstone Apartments

Total Monthly Price
609 Kingman Ave

Morgan St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Roundhouse Resort

Madrean Vista

2285 S Bowie Ave

357 1st Ave

204 W Market St

503 Grant St
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.

1206 Cuba Rd

561 N 10th Pl

1879 W Peppertree Dr

1879 Peppertree Dr

1623 Meadow St

5240 S 28th Pl
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.
Reserve, NM Local Guide

How much does it cost to rent an apartment in Reserve?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Reserve Studio Apartments | $1,080 | $950 | $1,145 |
| Reserve 1 Bedroom Apartments | $1,269 | $650 | $1,650 |
| Reserve 2 Bedroom Apartments | $1,517 | $800 | $2,500 |
| Reserve 3 Bedroom Apartments | $2,622 | $968 | $6,730 |
| Reserve 4 Bedroom Apartments | $27,272 | $10,000 | $10,000+ |
Browse Top Apartments in Reserve
See all Apartments in ReserveExplore Reserve
Reserve, NM Local Guide
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Cheapest Available Reserve Apartments for Rent and Nearby
 The cheapest available apartment rental in Reserve, NM is a 1 Bed unit found at Morgan St priced from $950. Madrean Vista has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,395. Here is today’s list of the most affordable Reserve apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Morgan St | 478 | 1BR,1BA | $950 |
| Madrean Vista | 1x1 | 1BR,1BA | $1,395 |
| Mountain Park Townhomes | Three Bedroom | 3BR,2BA | $1,800 |
Best Value Apartments for Rent in Reserve, NM and Nearby
As of May 24, 2026 the best value apartment in the Reserve area is the $1.52 price per square foot Three Bedroom Model at Mountain Park Townhomes in the starting from $1,800. The second greatest value Reserve apartment is the 609 Kingman Ave Model at 609 Kingman Ave starting at $850 with a $1.06 price per square foot . Here is today’s list of the best values for Reserve apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Mountain Park Townhomes | Three Bedroom | 3BR,2BA | $1.52 |
| 609 Kingman Ave | 609 Kingman Ave | 2BR,1BA | $1.06 |
| 1351 W Sierra Buena Ct | 1351 W Sierra Buena Ct | 1BR,1BA | $2.12 |
| 5468 Wild Game Trl | 5468 Wild Game Trl | 2BR,1BA | $2.13 |
| 5468 Wild Game Trl, Unit 5468 wild game trail | 5468 Wild Game Trl | 2BR,1BA | $2.13 |
| Madrean Vista | 1x1 | 1BR,1BA | $1.96 |
| Morgan St | 478 | 1BR,1BA | $1.58 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Reserve, NM Rentals by Map
See the most popular apartments and homes in Reserve, NM
Frequently Asked Questions about Cheap Reserve Apartments
How much is rent for a Cheap One Bedroom Reserve Apartment?
The lowest price for a Cheap One Bedroom Reserve Apartment is $950 at Morgan St.
What is the lowest price for a Cheap Two Bedroom Reserve Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Reserve is starting from $1,770 at Madrean Vista.
What is the most affordable Reserve Three Bedroom Apartment?
The best deal on a cheap Reserve Three Bedroom Apartment rental is at Mountain Park Townhomes and starts from $1,800.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.