
Cheap Homes for Rent in Santa Cruz, NM from $1,600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Santa Cruz.


913 1/2 Old Pecos Trail

2210 Miguel Chavez Rd

941 Calle Mejia
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.

65 Bonnie View Dr

251A Upper San Pedro Rd

217b NM-503

218 Mckenzie St
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.

1922 Avenida Canada
Santa Cruz, NM Local Guide

How much does it cost to rent a home in Santa Cruz?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Santa Cruz 2 Bedroom Homes for Rent | $3,368 | $1,980 | $5,900 |
Santa Cruz 3 Bedroom Homes for Rent | $3,913 | $2,000 | $8,500 |
Santa Cruz 4 Bedroom Homes for Rent | $3,425 | $2,050 | $4,350 |
Browse Top Homes for Rent in Santa Cruz
Explore Santa Cruz
Santa Cruz, NM Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Santa Cruz Apartments for Rent and Nearby
 The cheapest available apartment rental in Santa Cruz, NM is a 1 Bed unit found at Casa de Encantada Senior Apartments in the Encantado del Norte Heritage Series neighborhood priced from $993. Canyon Walk Income Restricted has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,020. Here is today’s list of the most affordable Santa Cruz apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $993 |
Canyon Walk Income Restricted | One Bedroom x One Bath | 1BR,1BA | $1,020 |
Sierra Blanca Senior Living | Studio | Studio,1BA | $1,100 |
Best Value Apartments for Rent in Santa Cruz, NM and Nearby
As of September 20, 2025 the best value apartment in the Santa Cruz area is the $1.72 price per square foot 2 X 2.5 (2-Car Gar) Model at Terra at Enchanted Hills in the in the Encantado del Norte Heritage Series neighborhood starting from $2,095. The second greatest value Santa Cruz apartment is the The Sagebrush Model at The Mica starting at $1,730 with a $1.69 price per square foot in the Don Digeo 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 | 2 X 2.5 (2-Car Gar) | 2BR,2.5BA | $1.72 |
The Mica | The Sagebrush | 2BR,2BA | $1.69 |
Enchanted Hills | Enchanted | 2BR,2BA | $1.68 |
Canyon Walk Income Restricted | One Bedroom x One Bath | 1BR,1BA | $1.14 |
Vista Linda | 2 Bedroom | 1 Bath | 2BR,1BA | $1.94 |
The Bluffs at Tierra Contenta | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.90 |
Local 1896 | 1x1ArT1 - 1X1 Renovated | 1BR,1BA | $2.06 |
Talavera Apartment Homes | Pinon | 2BR,1BA | $1.97 |
Evergreen Apartments | 1x1-B | 1BR,1BA | $1.70 |
Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1.71 |
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.
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 Santa Cruz
What type of rentals are currently available in Santa Cruz?
There are currently 40 Apartments for Rent in Santa Cruz, NM with pricing that ranges from $899 to $4,283. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Santa Cruz ranging from $1,600 to $8,500.
What is the current price range for Rental Homes in Santa Cruz?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Santa Cruz ranges from $1,600 to $8,500 with an average monthly rent of $3,260.
How much are larger Three and Four Bedroom Rentals in Santa Cruz?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Santa Cruz range from $1,404 to $4,283, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $8,500. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $2,200.
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.

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

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.