Cheap Homes for Rent in Reserve, NM from $800 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in Reserve.

property at 561 N 10th Pl

$1,199

2 Bedroom Rentals

Available Now

561 N 10th Pl

Show LowAZ85901

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 5240 S 28th Pl

$1,400

1 Bedroom, 1 Bath Condo for Rent

Available May 29

5240 S 28th Pl

Show LowAZ85901
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 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 ListingModel NameBed/BathPriced From
Morgan St4781BR,1BA$950
Madrean Vista1x11BR,1BA$1,395
Mountain Park TownhomesThree Bedroom3BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Mountain Park TownhomesThree Bedroom3BR,2BA$1.52
609 Kingman Ave609 Kingman Ave2BR,1BA$1.06
1351 W Sierra Buena Ct1351 W Sierra Buena Ct1BR,1BA$2.12
5468 Wild Game Trl5468 Wild Game Trl2BR,1BA$2.13
5468 Wild Game Trl, Unit 5468 wild game trail5468 Wild Game Trl2BR,1BA$2.13
Madrean Vista1x11BR,1BA$1.96
Morgan St4781BR,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.

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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 23 Apartments for Rent in Reserve, NM with pricing that ranges from $650 to $27,272. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Reserve ranging from $800 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 $800 to $3,950 with an average monthly rent of $2,377.

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 $968 to $6,730, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 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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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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.