
Cheap Homes for Rent in Roy, NM from $1,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Roy.


230 W 1st St

6894 CO-12

300 S 5th St

361 S 2nd St
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.

2600 W Zia Rd

203 E Main St

2501 W Zia Rd, Unit Building9Unit205, Unit Building9Unit205

739 Montez Pl

529 W Topeka 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.

941 Calle Mejia
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 | $2,297 | $1,325 | $3,500 |
| Roy 3 Bedroom Homes for Rent | $3,714 | $1,095 | $8,000 |
| Roy 4 Bedroom Homes for Rent | $2,900 | $1,800 | $4,000 |
Browse Top Homes for Rent in Roy
Explore Roy
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 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 Roy
What type of rentals are currently available in Roy?
There are currently 34 Apartments for Rent in Roy, NM with pricing that ranges from $435 to $2,800. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Roy ranging from $1,095 to $8,000.
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 $1,095 to $8,000 with an average monthly rent of $2,512.
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.