Cheap Apartments for Rent in Santa Cruz, NM from $600 (41 Rentals)

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

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.

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Local 1896
$1,440 - $2,104
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Total Monthly Price

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$1,440 - $2,104
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1 to 3 Bedroom Apartments Available Now

Local 1896

1896 Lorca DrSanta Fe, NM 87505
Furnished
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  • 3D Tour

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.

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Turquesa
Rent Specials
$1,594 - $2,678
Total Monthly Price

Total Monthly Price

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$1,594 - $2,678
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1 to 3 Bedroom Apartments Available Now

Turquesa

4700 Wagon RdSanta Fe, NM 87507
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South Meadows
Rent Specials
$1,634 - $2,558
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Total Monthly Price

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$1,634 - $2,558
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1 to 3 Bedroom Apartments Available Now

South Meadows

2800 S Meadows RdSanta Fe, NM 87507
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Solwyn
Rent Specials
$1,644 - $2,679
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$1,644 - $2,679
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1 to 3 Bedroom Apartments Available Now

Solwyn

5520 Wellness WaySanta Fe, NM 87507
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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.

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Madera Apartments
$1,759 - $2,757
Total Monthly Price

Total Monthly Price

Base Rent
$1,759 - $2,757
Total Monthly Price
$1,759 - $2,757
1 to 3 Bedroom Apartments Available Now

Madera Apartments

2525 S Meadows RdSanta Fe, NM 87507
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Arcadia
Rent Specials
$1,879 - $2,962
Total Monthly Price

Total Monthly Price

Base Rent
$1,879 - $2,962
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1 to 3 Bedroom Apartments Available Now

Arcadia

5300 Las Soleras DrSanta Fe, NM 87507
Family Friendly
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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.

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Casa Loma Apartments
Studio to 3 Bedroom Apartments

Casa Loma Apartments

100 Rio Vista PlSanta Fe, NM 87501
Corporate Housing
property at 941 Calle Mejia

$1,600 - $2,000

1 To 2 Bedroom Rentals

Available Now

941 Calle Mejia

Santa FeNM87501

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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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 2 Beds unit found at El Cerrito priced from $749. Santa Fe Suites in the Pueblos Del Sol neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $899. Here is today’s list of the most affordable Santa Cruz apartments for rent:

Apartment ListingModel NameBed/BathPriced From
El Cerrito2 BR2BR,1BA$749
Santa Fe SuitesStudioStudio,1BA$899
Myrtle Apartments - All Utilities IncludedStudioStudio,1BA$900
Casitas Del BellaEfficiency w/ stove topStudio,1BA$925
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$1,096
Sierra Blanca Senior LivingStudioStudio,1BA$1,100
Evergreen Apartments1x1-B1BR,1BA$1,149
Vista Alegre ApartmentsStudio, 1 BathStudio,1BA$1,181
Casa Loma ApartmentsStudioStudio,1BA$1,250
Elevate at OsloStudio - 325Studio,1BA$1,325

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

As of June 01, 2026 the best value apartment in the Santa Cruz area is the $1.35 price per square foot 3x2 Model at Coronado Townhomes in the in the Encantado del Norte Heritage Series neighborhood starting from $1,795. The second greatest value Santa Cruz apartment is the 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta starting at $2,399 with a $1.82 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Coronado Townhomes3x23BR,2BA$1.35
The Bluffs at Tierra Contenta4 Bedroom 2 Bathroom4BR,2BA$1.82
Cielo Luxury Living ApartmentsThree Bedroom3BR,2BA$2.14
Talavera Apartment HomesChamisa3BR,2BA$1.90
El Cerrito2 BR2BR,1BA$0.77
Local 18962x1AR1T2 - 2X1 Renovated2BR,1BA$1.89
Enchanted HillsDiego2BR,1BA$1.74
Evergreen Apartments1x1-B1BR,1BA$1.70
The OrchardsOne Bedroom1BR,1BA$2.15
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$1.89

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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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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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.

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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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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 $1,096 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 $749 at El Cerrito.

What is the most affordable Santa Cruz Three Bedroom Apartment?

The best deal on a cheap Santa Cruz Three Bedroom Apartment rental is at Coronado Townhomes and starts from $1,795.

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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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.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.