Cheap Apartments for Rent in Sacramento, NM from $500 (28 Rentals)

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

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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
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Sierra Vista Village
1 to 4 Bedroom Apartments

Sierra Vista Village

28 W Martin StRoswell, NM 88203
  • Utilities Included
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708 W 13th St
1 Bedroom Apartments

708 W 13th St

708 W 13th StRoswell, NM 88201
Corporate Housing
  • Smoke Free
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301 Mechem Dr
2 to 3 Bedroom Apartments

301 Mechem Dr

301 Mechem DrRuidoso, NM 88345
Showing Results 1-28, Page 1 of 1

Sacramento, NM Local Guide

Cheapest Available Sacramento Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sacramento, NM is a Studio unit found at 311 Mechem Dr priced from $550. Parkland Pointe in the North Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $638. Here is today’s list of the most affordable Sacramento apartments for rent:

Apartment ListingModel NameBed/BathPriced From
311 Mechem DrStudioStudio,1BA$550
Parkland Pointe1x11BR,1BA$638
Mirador Apartments1 BEDROOM1BR,1BA$650
Raintree VillageStudioStudio,1BA$700
Sierra Vista Village2B/1B SS2BR,1BA$700
Sagewood ApartmentsA11BR,1BA$745
Agave CourtyardA1 Classic1BR,1BA$765
Mesa Verde - FREE UtilitiesOne Bedroom1BR,1BA$773
Pine Village Apartments1BD/1BA1BR,1BA$775
Fairbanks Apartments1 Bedroom1BR,1BA$780

Best Value Apartments for Rent in Sacramento, NM and Nearby

As of November 15, 2025 the best value apartment in the Sacramento area is the $1.08 price per square foot C2 - 3 Bedroom Model at The Village at Cottonwood Springs in the in the North Park neighborhood starting from $1,544. The second greatest value Sacramento apartment is the 3 Bed, 1.5 Bath Model at Villas of Briar Ridge starting at $1,373 with a $1.15 price per square foot . Here is today’s list of the best values for Sacramento apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Village at Cottonwood SpringsC2 - 3 Bedroom3BR,2BA$1.08
Villas of Briar Ridge3 Bed, 1.5 Bath3BR,1.5BA$1.15
The CaterinaThe Franklin2BR,1.5BA$0.87
Fairbanks Apartments1 Bedroom1BR,1.5BA$0.79
Saddlecreek ApartmentsPalmetto2BR,2BA$1.05
Maximus Apartments2 Bedroom / 2 Bath2BR,2BA$1.11
Van Horne Estates ApartmentsOne Bedroom One Bathroom1BR,1BA$1.13
Sagewood ApartmentsA11BR,1BA$0.99
Parkland Pointe2x12BR,1BA$1.11
Sierra Vista Village2B/1B1BR,1BA$1.17

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Frequently Asked Questions about Cheap Sacramento Apartments

What is the Cheapest Studio apartment in Sacramento?

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

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

The lowest price for a Cheap One Bedroom Sacramento Apartment is $638 at Parkland Pointe.

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

Today's best deal for a Cheap Two Bedroom Apartment in Sacramento is starting from $700 at Sierra Vista Village.

What is the most affordable Sacramento Three Bedroom Apartment?

The best deal on a cheap Sacramento Three Bedroom Apartment rental is at Pine Village Apartments and starts from $975.

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.