
Cheap Apartments for Rent in Roswell, NM from $400 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Roswell.


Christa Lee Manor Apartments

Saddlecreek Apartments

Pueblo Chamisa

600 S Pennsylvania Ave

2601 N Kentucky Ave
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.

Mesa Verde - FREE Utilities

Rio Vista Senior Apartments

Cielo de Oro Senior

Spicewood Canyon Villas

702 E 3rd St

Sierra Vista Village
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.

712 S Washington Ave

Roselawn Manor

216 S Avenue I

La Tierra 55+

100 Lower Terrace Dr

311 Mechem Dr
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.

205 Mechem Dr

908.5 Bullock Ct
Roswell, NM Local Guide

How much does it cost to rent an apartment in Roswell?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Roswell Studio Apartments | $750 | $750 | $750 |
| Cheap Roswell 1 Bedroom Apartments | $1,001 | $548 | $1,445 |
| Cheap Roswell 2 Bedroom Apartments | $1,278 | $614 | $2,148 |
| Cheap Roswell 3 Bedroom Apartments | $1,505 | $707 | $2,199 |
| Cheap Roswell 4 Bedroom Apartments | $1,359 | $1,359 | $1,359 |
Browse Top Apartments in Roswell
See all Apartments in RoswellExplore Roswell
Roswell, NM Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
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 $517. Wilshire Gardens 55+ has the second lowest priced unit, which is a 2 Beds apartment currently listed from $676. Here is today’s list of the most affordable Roswell apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Roselawn Manor | One Bedroom | 1BR,1BA | $517 |
| Wilshire Gardens 55+ | 2 BR | 2BR,1BA | $676 |
| Saddlecreek Apartments | Aspen | Studio,1BA | $680 |
| Mirador Apartments | 1 BEDROOM | 1BR,1BA | $700 |
| Sierra Vista Village | 2B/1B SS | 2BR,1BA | $700 |
Best Value Apartments for Rent in Roswell, NM
As of January 27, 2026 the best value apartment in the Roswell area is the $1.07 price per square foot 3 Bed, 2 Bath Model at Villas of Briar Ridge in the starting from $1,274. The second greatest value Roswell apartment is the B2 Model at Riverwood starting at $1,450 with a $1.33 price per square foot . Here is today’s list of the best values for Roswell apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villas of Briar Ridge | 3 Bed, 2 Bath | 3BR,1.5BA | $1.07 |
| Riverwood | B2 | 2BR,1.5BA | $1.33 |
| Ladera Apartments | 3 Bedrooms | 3BR,2BA | $0.93 |
| Tia Maria | Two Bedroom | 2BR,1BA | $1.22 |
| Wilshire Gardens 55+ | 2 BR | 2BR,1BA | $0.77 |
| La Tierra 55+ | 2 Bedrooms | 2BR,1BA | $1.16 |
| EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $1.28 |
| Mirador Apartments | 1 BEDROOM | 1BR,1BA | $1.09 |
| Sierra Vista Village | 2B/1B | 1BR,1BA | $1.17 |
| Roselawn Manor | One Bedroom | 1BR,1BA | $0.88 |
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 ArticleThe 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.
Read ArticleCash 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.
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.
Best Local Schools in Roswell, NM
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Roswell, NM Rentals by Map
See the most popular apartments and homes in Roswell, NM
Frequently Asked Questions about Cheap Roswell Apartments
How much is rent for a Cheap One Bedroom Roswell Apartment?
The lowest price for a Cheap One Bedroom Roswell Apartment is $517 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 $614 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 Ladera Apartments and starts from $883.
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

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.

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.