Cheap Apartments for Rent in San Antonio, NM from $500 (70 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article
close
View Me
Playa Del Sol
$925
Total Monthly Price

Total Monthly Price

Base Rent
$925
Total Monthly Price
$925
1 Bedroom Apartments Available Now

Playa Del Sol

444 Florida St SEAlbuquerque, NM 87108
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

Read Article

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.

Read Article
close
View Me
Lumen
Rent Specials
$1,304 - $1,694
Total Monthly Price

Total Monthly Price

Base Rent
$1,304 - $1,694
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Lumen

701 Stephen Moody St SEAlbuquerque, NM 87123
Active Lifestyle
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Diamond Mesa
Rent Specials
$1,603 - $10,075
Total Monthly Price

Total Monthly Price

Base Rent
$1,603 - $10,075
Total Monthly Price
Varies
1 to 4 Bedroom Apartments Available Now

Diamond Mesa

2300 Diamond Mesa Trl SWAlbuquerque, NM 87121
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
205 Mechem Dr
Studio to 3 Bedroom Apartments

205 Mechem Dr

205 Mechem DrRuidoso, NM 88345
close
View Me
100 Lower Terrace Dr
Studio to 2 Bedroom Apartments

100 Lower Terrace Dr

100 Lower Terrace DrRuidoso, NM 88345
close
View Me
311 Mechem Dr
Studio to 3 Bedroom Apartments

311 Mechem Dr

311 Mechem DrRuidoso, NM 88345
  • Utilities Included
close
View Me
The Valencia
1 to 3 Bedroom Apartments

The Valencia

1020 Valencia DrAlbuquerque, NM 87108
  • Utilities Included

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.

Read Article
close
View Me
University Village
Studio Apartments

University Village

1901 University Blvd SEAlbuquerque, NM 87106
Corporate Housing
  • Utilities Included
close
View Me
509 Girard Terrace
Studio to 2 Bedroom Apartments

509 Girard Terrace

509 Girard Blvd SEAlbuquerque, NM 87106
close
View Me
Adobe Manor Apartments
Studio Apartments

Adobe Manor Apartments

7412 Central Ave SWAlbuquerque, NM 87121
  • Utilities Included
close
View Me
Route 66 Headquarters
Studio to 1 Bedroom Apartments

Route 66 Headquarters

9317 Central Ave NWAlbuquerque, NM 87121
  • Utilities Included
close
View Me
El Campo Apartments
Studio to 1 Bedroom Apartments

El Campo Apartments

5800 Central Ave SWAlbuquerque, NM 87105
  • Utilities Included
close
View Me
Tierra Pointe
Studio to 3 Bedroom Apartments

Tierra Pointe

6901-6901 Los Volcanes Rd NWAlbuquerque, NM 87121
close
View Me
301 Mechem Dr
2 to 3 Bedroom Apartments

301 Mechem Dr

301 Mechem DrRuidoso, NM 88345
close
View Me
Madeira Court
Studio to 1 Bedroom Apartments

Madeira Court

1001 Madeira Dr SEAlbuquerque, NM 87108
close
View Me
Ceja Vista Senior 55+
1 to 2 Bedroom Apartments

Ceja Vista Senior 55+

10001 Ceja Vista Rd SWAlbuquerque, NM 87121
Senior Living
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Read Article
Showing Results 1-50, Page 1 of 2

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 The Loop @ 950 in the South San Pedro neighborhood priced from $645. Home @ Valencia in the South San Pedro neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable San Antonio apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Loop @ 9500x1 - 280Studio,1BA$645
Home @ Valencia1bd/1ba1BR,1BA$695
Diamond Elite Luxury TownhomesStudio/1 BathStudio,1BA$699
White Oak Apartments1x11BR,1BA$716
Villa De San Felipe0 x 1 CStudio,1BA$749
La Tierra 55+1 Bedroom1BR,1BA$770
Millennium FlatsUnit Type AStudio,1BA$790
The Valencia1x1 Lg 664 sq. ft (All Utilities Included)1BR,1BA$800
The Portals ApartmentsA11BR,1BA$800
Las Brisas1 Bed, 1 Bath A (60% Income Restricted)1BR,1BA$824

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

As of June 11, 2026 the best value apartment in the San Antonio area is the $1.28 price per square foot Three Bedroom Model at Taylor Ridge Apartments in the in the Southwest Quadrant neighborhood starting from $1,600. The second greatest value San Antonio apartment is the Three Bedroom Two Bath Model at Aspen Ridge starting at $1,184 with a $1.08 price per square foot in the South San Pedro neighborhood. 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 ApartmentsThree Bedroom3BR,2BA$1.28
Aspen RidgeThree Bedroom Two Bath3BR,2BA$1.08
Four Seasons2br apartment corner unit2BR,1BA$1.15
Gracey's Nation - Palomas Community2 Bed, 1 Bath2BR,1BA$1.23
La Tierra 55+2 Bedrooms2BR,1BA$1.16
The Portals ApartmentsA11BR,1BA$1.14
White Oak Apartments1x11BR,1BA$1.03
509 Girard Terrace1 bedroom 1 bathroom1BR,1BA$1.28
Pine St StudiosUnit 081BR,1BA$1.31
Home @ Valencia1bd/1ba1BR,1BA$1.26

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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore San Antonio, NM Rentals by Map

Decorative image of map

See the most popular apartments and homes in San Antonio, NM

View Map
San Antonio, NM Apartments Map
View Map
San Antonio, NM Rental Homes Map

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 The Loop @ 950 listed at $645.

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

The lowest price for a Cheap One Bedroom San Antonio Apartment is $695 at Home @ Valencia.

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 $925 at The Loop @ 950.

What is the most affordable San Antonio Three Bedroom Apartment?

The best deal on a cheap San Antonio Three Bedroom Apartment rental is at Aspen Ridge and starts from $1,184.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.