Cheap Homes for Rent near San Rafael, NM from $650 (11 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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 Tierra Pointe in the Ironhorse at El Rancho Grande neighborhood priced from $791. Welcome Home To Rio Volcan! in the Rancho Encantado neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $964. Here is today’s list of the most affordable San Rafael apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tierra PointeS1Studio,1BA$791
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$964
Villa HermosaThe Pueblo2BR,1BA$1,028
Generations at West MesaTwo Bedroom One Bathroom 768 Sq Ft2BR,1BA$1,050
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1,154

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

As of September 07, 2026 the best value apartment in the San Rafael 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 Rafael apartment is the 2 Bed 1.5 Bath Townhome Model at City View starting at $1,470 with a $1.23 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.
Taylor Ridge ApartmentsThree Bedroom3BR,2BA$1.28
City View2 Bed 1.5 Bath Townhome2BR,1.5BA$1.23
Via Vista Apartment CommunityJade3BR,2BA$1.69
Resort at Sandia Village2 bed 2 bath2BR,2BA$1.67
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
Phoenix Apartments2 bedroom 1 bath2BR,1BA$1.72
Generations at West MesaTwo Bedroom One Bathroom 768 Sq Ft2BR,1BA$1.37
Del Rio ApartmentsAspen1BR,1BA$1.68
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$1.38
Villa HermosaThe Aztec1BR,1BA$1.49

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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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.

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Location, Location, Location!

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Frequently Asked Questions about San Rafael

What type of rentals are currently available in San Rafael?

There are currently 42 Apartments for Rent in San Rafael, NM with pricing that ranges from $885 to $3,930. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in San Rafael ranging from $650 to $3,700.

What is the current price range for Rental Homes in San Rafael?

Today's rental pricing for Homes for Rent, Condos and Townhomes in San Rafael ranges from $650 to $3,700 with an average monthly rent of $2,103.

How much are larger Three and Four Bedroom Rentals in San Rafael?

For those who are looking for larger living arrangements, Three Bedroom Apartments in San Rafael range from $1,250 to $3,930, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $2,700. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $1,400.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.