Cheap Apartments for Rent near Santa Cruz, NM from $600 (54 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
$1,422 - $1,988
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$1,422 - $1,988
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1 to 3 Bedroom Apartments Available Jul 17

Local 1896

1896 Lorca DrSanta Fe, NM 87505
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Turquesa
Rent Specials
$1,510 - $2,718
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$1,510 - $2,718
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1 to 3 Bedroom Apartments Available Now

Turquesa

4700 Wagon RdSanta Fe, NM 87507
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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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Solwyn
Rent Specials
$1,644 - $2,709
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$1,644 - $2,709
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1 to 3 Bedroom Apartments Available Now

Solwyn

5520 Wellness WaySanta Fe, NM 87507
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South Meadows
Rent Specials
$1,646 - $2,756
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$1,646 - $2,756
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1 to 3 Bedroom Apartments Available Now

South Meadows

2800 S Meadows RdSanta 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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The Mica
$1,769 - $2,309
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$1,769 - $2,309
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1 to 3 Bedroom Apartments Available Now

The Mica

825 Calle MejiaSanta Fe, NM 87501
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Arcadia
Rent Specials
$1,820 - $2,962
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$1,820 - $2,962
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1 to 3 Bedroom Apartments Available Now

Arcadia

5300 Las Soleras DrSanta Fe, NM 87507
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Madera Apartments
$1,835 - $2,619
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$1,835 - $2,619
Total Monthly Price
$1,835 - $2,619
1 to 3 Bedroom Apartments Available Now

Madera Apartments

2525 S Meadows RdSanta Fe, NM 87507
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Casa Loma Apartments
Studio to 3 Bedroom Apartments

Casa Loma Apartments

100 Rio Vista PlSanta Fe, NM 87501
Corporate Housing
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Vista Linda
1 to 4 Bedroom Apartments

Vista Linda

6332 Entrada de MilagroSanta Fe, NM 87507
Senior Living

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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property at 941 Calle Mejia

$1,450 - $1,750

2 Bedroom Rentals

Available Now

941 Calle Mejia

Santa FeNM87501

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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. 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 ListingModel NameBed/BathPriced From
El Cerrito2 BR2BR,1BA$749
Myrtle Apartments - All Utilities IncludedStudioStudio,1BA$900
Casitas Del BellaEfficiency w/ stove topStudio,1BA$925
Santa Fe SuitesStudioStudio,1BA$950
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$1,096
Vista Alegre ApartmentsStudio, 1 BathStudio,1BA$1,099
Sierra Blanca Senior LivingStudioStudio,1BA$1,100
Elevate at OsloStudio - 325Studio,1BA$1,295
Artista1x11BR,1BA$1,299
Evergreen Apartments1x1-B1BR,1BA$1,369

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

As of July 16, 2026 the best value apartment in the Santa Cruz area is the $2.13 price per square foot 3A-HC Model at Turquesa in the in the Pueblos Del Sol neighborhood starting from $2,718. The second greatest value Santa Cruz apartment is the 3 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta starting at $2,259 with a $1.80 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.
Turquesa3A-HC3BR,2BA$2.13
The Bluffs at Tierra Contenta3 Bedroom 2 Bathroom3BR,2BA$1.80
El Cerrito2 BR2BR,1BA$0.77
Cresta Ranch ApartmentsTwo Bedroom - 80% AMI2BR,2BA$2.10
Mesa Del Norte2x12BR,1BA$1.99
Coronado Townhomes2x22BR,2BA$1.96
Cielo Luxury Living ApartmentsOne Bedroom1BR,1BA$1.98
Evergreen Apartments1x1-B1BR,1BA$2.03
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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Quick 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.

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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 Myrtle Apartments - All Utilities Included listed at $900.

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 Talavera Apartment Homes and starts from $1,709.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.