
Cheap Apartments for Rent in Santa Cruz, NM from $600 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Santa Cruz.


Myrtle Apartments - All Utilities Included

Casa de Encantada Senior Apartments

Sierra Blanca Senior Living

Evergreen Apartments

Vista Alegre Apartments

Talavera Apartment Homes
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.

Casa Loma Apartments

Rancho Carrera Apartments

Elevate at Oslo

Enchanted Hills

Artista

Vizcaya

Dakota Canyon
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.

Local 1896

Cielo Luxury Living Apartments

Canyon Walk Income Restricted

Santa Clara Apartments

ManzanaVilla Española Valley

941 Calle Mejia

The Orchards
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Santa Cruz, NM Local Guide

How much does it cost to rent an apartment in Santa Cruz?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Santa Cruz Studio Apartments | $1,155 | $899 | $2,052 |
| Santa Cruz 1 Bedroom Apartments | $1,720 | $993 | $2,826 |
| Santa Cruz 2 Bedroom Apartments | $2,339 | $1,191 | $3,955 |
| Santa Cruz 3 Bedroom Apartments | $3,040 | $1,704 | $4,456 |
| Santa Cruz 4 Bedroom Apartments | $2,277 | $2,085 | $2,455 |
Browse Top Apartments in Santa Cruz
See all Apartments in Santa CruzExplore Santa Cruz
Santa Cruz, NM Local Guide
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Cheapest Available Santa Cruz Apartments for Rent and Nearby
 The cheapest available apartment rental in Santa Cruz, NM is a Studio unit found at Santa Fe Suites in the Pueblos Del Sol neighborhood priced from $899. Myrtle Apartments - All Utilities Included has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Santa Cruz apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Santa Fe Suites | Studio | Studio,1BA | $899 |
| Myrtle Apartments - All Utilities Included | Studio | Studio,1BA | $900 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $993 |
| Sierra Blanca Senior Living | Studio | Studio,1BA | $1,100 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $1,149 |
Best Value Apartments for Rent in Santa Cruz, NM and Nearby
As of January 15, 2026 the best value apartment in the Santa Cruz area is the $1.46 price per square foot 3 x 3.5 (1-car Gar) Model at Terra at Enchanted Hills in the in the Encantado del Norte Heritage Series neighborhood starting from $2,400. The second greatest value Santa Cruz apartment is the 2 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta starting at $1,798 with a $1.76 price per square foot in the Tiempo Lindo neighborhood. Here is today’s list of the best values for Santa Cruz apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Terra at Enchanted Hills | 3 x 3.5 (1-car Gar) | 3BR,3.5BA | $1.46 |
| The Bluffs at Tierra Contenta | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.76 |
| Artista | 3x2 | 3BR,2BA | $1.84 |
| Soleras Station | Two Bedroom | 2BR,1BA | $2.00 |
| The Mica | The Pinon | 2BR,1BA | $2.01 |
| Coronado Townhomes | 2x2 | 2BR,2BA | $2.01 |
| Local 1896 | 1x1ArT1 - 1X1 Renovated | 1BR,1BA | $1.82 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $1.70 |
| Rancho Carrera Apartments | One Bedroom | 1BR,1BA | $1.99 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1.71 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Santa Cruz, NM Rentals by Map
See the most popular apartments and homes in Santa Cruz, NM
Frequently Asked Questions about Cheap Santa Cruz Apartments
What is the Cheapest Studio apartment in Santa Cruz?
Currently the most affordable Cheap Studio Apartment in Santa Cruz is at Santa Fe Suites listed at $899.
How much is rent for a Cheap One Bedroom Santa Cruz Apartment?
The lowest price for a Cheap One Bedroom Santa Cruz Apartment is $993 at Casa de Encantada Senior Apartments.
What is the lowest price for a Cheap Two Bedroom Santa Cruz Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Santa Cruz is starting from $1,191 at Casa de Encantada Senior Apartments.
What is the most affordable Santa Cruz Three Bedroom Apartment?
The best deal on a cheap Santa Cruz Three Bedroom Apartment rental is at Artista and starts from $1,750.
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

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!