
Cheap Apartments for Rent in Roy, NM from $300 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in Roy.


Stoneleaf at Dalhart

Loma Parda 55+

Taos Haus +6

Ochenta Apartments

El Cerrito

627 Arizona Ave

Santa Fe Suites
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.

721 Hillside St

Total Monthly Price
500 Callejon Rd, Unit Rental space, Unit Rental space

Evergreen Apartments

Artista

508 Fulton Ln

941 Rio Vista St

Dakota Canyon

Vizcaya
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.

Total Monthly Price
Local 1896

295 Lomita St

2501 W Zia Rd, Unit Building9Unit205, Unit Building9Unit205

14 Green Gorge

Total Monthly Price
The Mica

409 River Rd

Sierra Blanca Senior Living

230 W 1st St
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.

6894 CO-12

Casa Loma Apartments

300 S 5th St

361 S 2nd St

2600 W Zia Rd

203 E Main St

739 Montez Pl

529 W Topeka Ave
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.

941 Calle Mejia
Roy, NM Local Guide

How much does it cost to rent an apartment in Roy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Roy Studio Apartments | $981 | $899 | $1,050 |
| Roy 1 Bedroom Apartments | $1,467 | $435 | $2,550 |
| Roy 2 Bedroom Apartments | $1,537 | $526 | $2,800 |
| Roy 3 Bedroom Apartments | $1,678 | $612 | $2,507 |
Browse Top Apartments in Roy
See all Apartments in RoyExplore Roy
Roy, NM Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Roy Apartments for Rent and Nearby
 The cheapest available apartment rental in Roy, NM is a 1 Bed unit found at Tierra Montosa priced from $353. Stoneleaf at Dalhart has the second lowest priced unit, which is a 2 Beds apartment currently listed from $526. Here is today’s list of the most affordable Roy apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tierra Montosa | 1 Bedroom | 1BR,1BA | $353 |
| Stoneleaf at Dalhart | 2 besroom 30% | 2BR,2BA | $526 |
| Taos Haus +6 | 2 Bedrooms | 2BR,1BA | $592 |
| Ochenta Apartments | 2 Bedrooms | 2BR,1BA | $739 |
| El Cerrito | 2 BR | 2BR,1BA | $749 |
| Santa Fe Suites | Studio | Studio,1BA | $899 |
| Sierra Blanca Senior Living | Studio | Studio,1BA | $1,100 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $1,149 |
| Casa Loma Apartments | Studio | Studio,1BA | $1,250 |
Best Value Apartments for Rent in Roy, NM and Nearby
As of May 09, 2026 the best value apartment in the Roy area is the $1.17 price per square foot 3 bedroom 80% Model at Stoneleaf at Dalhart in the starting from $1,250. The second greatest value Roy apartment is the 2 BR Model at El Cerrito starting at $749 with a $0.77 price per square foot . Here is today’s list of the best values for Roy apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Stoneleaf at Dalhart | 3 bedroom 80% | 3BR,2BA | $1.17 |
| El Cerrito | 2 BR | 2BR,1BA | $0.77 |
| Local 1896 | 2x1AR1T2 - 2X1 Renovated | 2BR,1BA | $1.65 |
| Ochenta Apartments | 2 Bedrooms | 2BR,1BA | $0.97 |
| The Mica | The Pinon | 2BR,1BA | $2.01 |
| Taos Haus +6 | 2 Bedrooms | 2BR,1BA | $0.70 |
| Tierra Montosa | 1 Bedroom | 1BR,1BA | $0.49 |
| 500 Callejon Rd, Unit Rental space | 500 Callejon Rd | 1BR,1BA | $1.32 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $1.70 |
| Artista | 1x1 | 1BR,1BA | $2.33 |
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 Roy, NM Rentals by Map
See the most popular apartments and homes in Roy, NM
Frequently Asked Questions about Cheap Roy Apartments
What is the Cheapest Studio apartment in Roy?
Currently the most affordable Cheap Studio Apartment in Roy is at Santa Fe Suites listed at $899.
How much is rent for a Cheap One Bedroom Roy Apartment?
The lowest price for a Cheap One Bedroom Roy Apartment is $353 at Tierra Montosa.
What is the lowest price for a Cheap Two Bedroom Roy Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Roy is starting from $526 at Stoneleaf at Dalhart.
What is the most affordable Roy Three Bedroom Apartment?
The best deal on a cheap Roy Three Bedroom Apartment rental is at Taos Haus +6 and starts from $681.
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.