Cheap Apartments for Rent in San Antonio, NM from $500 (38 Rentals)

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

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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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The Loop @950
Studio to 4 Bedroom Apartments

The Loop @950

950 Louisiana Blvd SEAlbuquerque, NM 87108
  • Utilities Included
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301 Mechem Dr
2 to 3 Bedroom Apartments

301 Mechem Dr

301 Mechem DrRuidoso, NM 88345
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Aspen Ridge
2 to 4 Bedroom Apartments

Aspen Ridge

820 Louisiana Blvd SEAlbuquerque, NM 87108

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CRESTWOOD APARTMENTS
1 to 2 Bedroom Apartments

CRESTWOOD APARTMENTS

3612-3620 Crest Ave SEAlbuquerque, NM 87116
  • Utilities Included

San Antonio, NM Local Guide

Cheapest Available San Antonio Apartments for Rent and Nearby

 

The cheapest available apartment rental in San Antonio, NM is a Studio unit found at 311 Mechem Dr priced from $550. 509 Girard Terrace Apartments in the Southeast Quadrant neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $559. Here is today’s list of the most affordable San Antonio apartments for rent:

Apartment ListingModel NameBed/BathPriced From
311 Mechem DrStudioStudio,1BA$550
509 Girard Terrace Apartments509 Girard Blvd SE K1BR,1BA$559
The Loop @9500x1 - Deluxe - 280Studio,1BA$695
Home @ Valencia1bd/1ba1BR,1BA$695
FREE UTILITIES!! GREAT VIBES!!Sailor Interior UnitsStudio,1BA$699
White Oak Apartments1x11BR,1BA$716
Millennium FlatsUnit Type AStudio,1BA$740
Silver Gardens Apartments1 Bedroom (50%)1BR,1BA$740
Madeira CourtStudioStudio,1BA$749
Tierra PointeS1Studio,1BA$766

Best Value Apartments for Rent in San Antonio, NM and Nearby

As of October 13, 2025 the best value apartment in the San Antonio area is the $1.00 price per square foot Two Bedroom One Bath Model at Taylor Ridge Apartments in the in the Southwest Quadrant neighborhood starting from $1,200. The second greatest value San Antonio apartment is the 3 BR Model at 311 Mechem Dr starting at $1,300 with a $1.30 price per square foot . Here is today’s list of the best values for San Antonio apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Taylor Ridge ApartmentsTwo Bedroom One Bath2BR,1BA$1.00
311 Mechem Dr3 BR3BR,2BA$1.30
1206 Cuba Rd1 Bedroom1BR,1BA$1.05
3409 Thaxton Ave SE3 Bedroom3BR,1.5BA$1.39
Villa Apartments1 Bed 1 Bath1BR,1BA$1.37
White Oak Apartments1x11BR,1BA$1.03
The Lanai Apartments1BD/1B1BR,1BA$1.38
509 Girard Terrace Apartments509 Girard Blvd SE K1BR,1BA$0.86
Home @ Valencia1bd/1ba1BR,1BA$1.26
FREE UTILITIES!! GREAT VIBES!!Sailor Interior UnitsStudio ,1BA$1.41

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Location, Location, Location!

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Frequently Asked Questions about Cheap San Antonio Apartments

What is the Cheapest Studio apartment in San Antonio?

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

How much is rent for a Cheap One Bedroom San Antonio Apartment?

The lowest price for a Cheap One Bedroom San Antonio Apartment is $559 at 509 Girard Terrace Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in San Antonio is starting from $750 at 311 Mechem Dr.

What is the most affordable San Antonio Three Bedroom Apartment?

The best deal on a cheap San Antonio Three Bedroom Apartment rental is at 3409 Thaxton Ave SE and starts from $1,250.

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.

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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! 

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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.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.