Cheap Apartments for Rent in Roswell, NM from $400 (22 Rentals)

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

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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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Cielo de Oro Senior
Studio to 1 Bedroom Apartments

Cielo de Oro Senior

1700 W Hendricks StRoswell, NM 88203
Senior Living
  • Utilities Included
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Sierra Vista Village
1 to 4 Bedroom Apartments

Sierra Vista Village

28 W Martin StRoswell, NM 88203
  • Utilities Included

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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100 Lower Terrace Dr
Studio to 2 Bedroom Apartments

100 Lower Terrace Dr

100 Lower Terrace DrRuidoso, NM 88345

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205 Mechem Dr
Studio to 3 Bedroom Apartments

205 Mechem Dr

205 Mechem DrRuidoso, NM 88345

Roswell, NM Local Guide

Cheapest Available Roswell Apartments for Rent

 

The cheapest available apartment rental in Roswell, NM is a 1 Bed unit found at Roselawn Manor priced from $422. 311 Mechem Dr has the second lowest priced unit, which is a Studio apartment currently listed from $550. Here is today’s list of the most affordable Roswell apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Roselawn ManorOne Bedroom1BR,1BA$422
311 Mechem DrStudioStudio,1BA$550
Sierra Vista Village1B/1B Flat1BR,1BA$650
Mirador Apartments1 BEDROOM1BR,1BA$650
Mesa Verde - FREE UtilitiesOne Bedroom1BR,1BA$773

Best Value Apartments for Rent in Roswell, NM

As of September 08, 2025 the best value apartment in the Roswell area is the $1.30 price per square foot 3 BR Model at 311 Mechem Dr in the starting from $1,300. The second greatest value Roswell apartment is the Two Bedroom Model at Tia Maria starting at $1,100 with a $1.22 price per square foot . Here is today’s list of the best values for Roswell apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
311 Mechem Dr3 BR3BR,2BA$1.30
Tia MariaTwo Bedroom2BR,1BA$1.22
Villas of Briar Ridge2 Bed, 1 Bath2BR,1BA$1.38
EMLI Artesia: Income Qualify TodayOne Bedroom - 60% Tax Credit1BR,1BA$1.28
Vista del SolOne Bedroom1BR,1BA$1.53
Yucca Flats ApartmentsOne Bedroom1BR,1BA$1.43
Eagle CreekOne Bedroom1BR,1BA$1.54
Sierra Vista Village2B/1B1BR,1BA$1.42
Roselawn ManorOne Bedroom1BR,1BA$0.72
Mesa Verde - FREE UtilitiesOne Bedroom1BR,1BA$1.33

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

Explore Roswell, NM Rentals by Map

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Getting Around Roswell, NM

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Roswell Apartments

What is the Cheapest Studio apartment in Roswell?

Currently the most affordable Cheap Studio Apartment in Roswell is at 311 Mechem Dr listed at $550.

How much is rent for a Cheap One Bedroom Roswell Apartment?

The lowest price for a Cheap One Bedroom Roswell Apartment is $422 at Roselawn Manor.

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

Today's best deal for a Cheap Two Bedroom Apartment in Roswell is starting from $500 at Roselawn Manor.

What is the most affordable Roswell Three Bedroom Apartment?

The best deal on a cheap Roswell Three Bedroom Apartment rental is at Mesa Verde - FREE Utilities and starts from $1,073.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.