Cheap Apartments for Rent in Santa Cruz, NM from $600 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in Santa Cruz.

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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-11, Page 1 of 1

Santa Cruz, NM Local Guide

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 Arroyo Chamiso neighborhood priced from $950. Casa de Encantada Senior Apartments in the Encantado del Norte Heritage Series neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $993. Here is today’s list of the most affordable Santa Cruz apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Santa Fe SuitesStudioStudio,1BA$950
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$993
Vista Alegre ApartmentsStudio, 1 BathStudio,1BA$1,099
Sierra Blanca ApartmentsStudioStudio,1BA$1,100
Canyon Walk Income RestrictedOne Bedroom1BR,1BA$1,135

Best Value Apartments for Rent in Santa Cruz, NM and Nearby

As of May 29, 2025 the best value apartment in the Santa Cruz area is the $1.27 price per square foot 3x2 lg Model at Casa Loma Apartments in the in the Don Digeo neighborhood starting from $2,800. The second greatest value Santa Cruz apartment is the 3 x 3.5 (2-car Gar) Model at Terra at Enchanted Hills starting at $2,495 with a $1.51 price per square foot in the Encantado del Norte Heritage Series neighborhood. Here is today’s list of the best values for Santa Cruz apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Casa Loma Apartments3x2 lg3BR,2BA$1.27
Terra at Enchanted Hills3 x 3.5 (2-car Gar)3BR,3.5BA$1.51
The MicaThe Sagebrush2BR,2BA$1.83
Bluffs at Tierra Contenta2 Bedroom 2 Bath Townhome2BR,2BA$1.59
Canyon Walk Income RestrictedOne Bedroom1BR,1BA$1.27
Local 18961x1ArT1 - 1X1 Renovated1BR,1BA$1.94
Talavera Apartment HomesPinon2BR,1BA$2.23
VizcayaChama1BR,1BA$2.17
The OrchardsOne Bedroom1BR,1BA$2.09
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$1.71

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

Explore Santa Cruz, NM Rentals by Map

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See the most popular apartments and homes in Santa Cruz, NM

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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 $950.

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 $1,362 at Canyon Walk Income Restricted.

What is the most affordable Santa Cruz Three Bedroom Apartment?

The best deal on a cheap Santa Cruz Three Bedroom Apartment rental is at Canyon Walk Income Restricted and starts from $1,574.

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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.