Cheap Apartments for Rent in San Rafael, NM from $700 (21 Rentals)

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

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San Rafael, NM Local Guide

Cheapest Available San Rafael Apartments for Rent and Nearby

 

The cheapest available apartment rental in San Rafael, NM is a Studio unit found at 9317 Central Ave in the Ironhorse at El Rancho Grande neighborhood priced from $795. Volcanes Commons in the Alamosa neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $902. Here is today’s list of the most affordable San Rafael apartments for rent:

Apartment ListingModel NameBed/BathPriced From
9317 Central AveWest StudiosStudio,1BA$795
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$902
Ceja Vista Senior 55+One Bedroom1BR,1BA$941
Canon de Arrowhead1 bedroom 1 bath1BR,1BA$964
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$964

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

As of July 24, 2025 the best value apartment in the San Rafael area is the $1.43 price per square foot Garnet Model at Diamond Mesa in the in the Ironhorse at El Rancho Grande neighborhood starting from $1,782. The second greatest value San Rafael apartment is the 3B: Cottonwood (TR) Model at Taylor Ranch starting at $1,750 with a $1.44 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for San Rafael apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Diamond MesaGarnet3BR,2.5BA$1.43
Taylor Ranch3B: Cottonwood (TR)3BR,2BA$1.44
Taylor Ridge ApartmentsTwo Bedroom One Bath2BR,1BA$1.00
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
AydanSage Renovated2BR,2BA$1.65
Stride Westa10ar - Renovated1BR,1BA$1.62
Villa HermosaThe Aztec1BR,1BA$1.39
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$1.54
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$1.53
Ceja Vista Senior 55+One Bedroom1BR,1BA$1.64

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Frequently Asked Questions about Cheap San Rafael Apartments

What is the Cheapest Studio apartment in San Rafael?

Currently the most affordable Cheap Studio Apartment in San Rafael is at 9317 Central Ave listed at $795.

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

The lowest price for a Cheap One Bedroom San Rafael Apartment is $902 at Volcanes Commons.

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

Today's best deal for a Cheap Two Bedroom Apartment in San Rafael is starting from $1,065 at Tierra Pointe.

What is the most affordable San Rafael Three Bedroom Apartment?

The best deal on a cheap San Rafael Three Bedroom Apartment rental is at Volcanes Commons and starts from $1,232.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.