
Cheap Homes for Rent in Roy, NM from $1,000 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Roy.


230 W 1st St

6894 CO-12

300 S 5th St

1505 E Main St

36 Ortiz Rd, Unit A
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.

726 W Manhattan Ave

941 Calle Mejia

905 Nevada Ave

49 A Spanish Peaks Rd

739 Montez Pl

824 Canyon Rd
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.
Roy, NM Local Guide

How much does it cost to rent a home in Roy?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Roy 2 Bedroom Homes for Rent | $2,365 | $1,299 | $4,000 |
| Roy 3 Bedroom Homes for Rent | $2,128 | $1,000 | $3,500 |
| Roy 4 Bedroom Homes for Rent | $2,431 | $1,525 | $3,750 |
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Roy, NM Local Guide
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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 |
Best Value Apartments for Rent in Roy, NM and Nearby
As of June 26, 2026 the best value apartment in the Roy area is the $1.48 price per square foot 623 Zuni St Model at 623 Zuni St, Unit Apt D in the starting from $1,850. The second greatest value Roy apartment is the 3 bedroom 80% Model at Stoneleaf at Dalhart starting at $1,250 with a $1.17 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. |
|---|---|---|---|
| 623 Zuni St, Unit Apt D | 623 Zuni St | 2BR,2BA | $1.48 |
| 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 | $1.64 |
| Ochenta Apartments | 2 Bedrooms | 2BR,1BA | $0.97 |
| 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 |
| 2 El Tros Rd | 2 El Tros Rd | 1BR,1BA | $2.21 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $2.03 |
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!
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Frequently Asked Questions about Roy
What type of rentals are currently available in Roy?
There are currently 31 Apartments for Rent in Roy, NM with pricing that ranges from $435 to $3,900. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Roy ranging from $1,000 to $4,000.
What is the current price range for Rental Homes in Roy?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Roy ranges from $1,000 to $4,000 with an average monthly rent of $2,077.
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

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.

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.

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.

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.