Cheap Homes for Rent near Reserve, NM from $900 (8 Rentals)

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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.

property at 1623 Meadow St

$1,400

1 Bedroom, 1 Bath Home for Rent

Available Now

1623 Meadow St

Lake of the WoodsAZ85929
property at 2285 S Bowie Ave

$1,400

3 Bedroom, 2 Bath Home for Rent

Available Now

2285 S Bowie Ave

SolomonAZ85551

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.

Reserve, NM Local Guide

Cheapest Available Reserve Apartments for Rent and Nearby

 

The cheapest available apartment rental in Reserve, NM is a 2 Beds unit found at Timberstone Apartments in the Torreon neighborhood priced from $870. Morgan St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Reserve apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Timberstone ApartmentsTwo Bedroom/2 Bath2BR,2BA$870
Morgan St4781BR,1BA$950
Madrean Vista1x11BR,1BA$1,295

Best Value Apartments for Rent in Reserve, NM and Nearby

As of July 10, 2026 the best value apartment in the Reserve area is the $1.55 price per square foot Two Bedroom Model at Mountain Park Townhomes in the starting from $1,500. The second greatest value Reserve apartment is the Two Bedroom/2 Bath Model at Timberstone Apartments starting at $870 with a $0.96 price per square foot in the Torreon neighborhood. Here is today’s list of the best values for Reserve apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Mountain Park TownhomesTwo Bedroom2BR,2BA$1.55
Timberstone ApartmentsTwo Bedroom/2 Bath2BR,2BA$0.96
609 Kingman Ave609 Kingman Ave2BR,1BA$1.06
5554 White Mountain Ave, Unit White mtn ave5554 White Mountain Ave2BR,1BA$1.73
5468 Wild Game Trl5468 Wild Game Trl2BR,1BA$2.13
5554 White Mountain Ave, Unit D5554 White Mountain Ave2BR,1BA$1.86
5468 Wild Game Trl, Unit 5468 wild game trail5468 Wild Game Trl2BR,1BA$1.99
Madrean Vista1x11BR,1BA$1.82
Morgan St4781BR,1BA$1.58
902 W Hopi Dr, Unit Apartment #6902 W Hopi Dr1BR,1BA$2.32

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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Quick 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.

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

Explore Reserve, NM Rentals by Map

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Frequently Asked Questions about Reserve

What type of rentals are currently available in Reserve?

There are currently 22 Apartments for Rent in Reserve, NM with pricing that ranges from $650 to $27,069. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Reserve ranging from $950 to $3,950.

What is the current price range for Rental Homes in Reserve?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Reserve ranges from $950 to $3,950 with an average monthly rent of $2,457.

How much are larger Three and Four Bedroom Rentals in Reserve?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Reserve range from $998 to $5,080, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $3,600. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $10,000.

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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.