
Cheap Apartments for Rent in Santa Rosa, NM from $400 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Santa Rosa.


LoLomas Apartments 55+

The Ridge

Santa Fe Suites

Townsgate Apartments
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.

300-304 Townsgate Plz

Sunrise Apartments

1517 Cameo St

804 Stanton Pl

221 Gayland Dr
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.

1216 Dartmouth

1021 Gidding St

Palazzo Apartments

Gidding Apartments

2100 Fred Daugherty Ave
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 Rosa, NM Local Guide

How much does it cost to rent an apartment in Santa Rosa?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Santa Rosa Studio Apartments | $1,216 | $450 | $2,018 |
| Santa Rosa 1 Bedroom Apartments | $1,582 | $525 | $2,109 |
| Santa Rosa 2 Bedroom Apartments | $1,848 | $525 | $2,750 |
| Santa Rosa 3 Bedroom Apartments | $2,142 | $1,180 | $2,928 |
| Santa Rosa 4 Bedroom Apartments | $2,275 | $2,085 | $2,455 |
Browse Top Apartments in Santa Rosa
See all Apartments in Santa RosaExplore Santa Rosa
Santa Rosa, NM Local Guide
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Cheapest Available Santa Rosa Apartments for Rent and Nearby
 The cheapest available apartment rental in Santa Rosa, NM is a 2 Beds unit found at 1021 N Mlk Blvd priced from $525. LoLomas Apartments 55+ has the second lowest priced unit, which is a 2 Beds apartment currently listed from $728. Here is today’s list of the most affordable Santa Rosa apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1021 N Mlk Blvd | Martin Luther | 2BR,1BA | $525 |
| LoLomas Apartments 55+ | 2 BR | 2BR,1BA | $728 |
| Santa Fe Suites | Studio | Studio,1BA | $899 |
| Palazzo Apartments | KaloSolo-Premium | 1BR,1BA | $925 |
| 300-304 Townsgate Plz | 304 Townsgate | 2BR,1BA | $950 |
Best Value Apartments for Rent in Santa Rosa, NM and Nearby
As of January 18, 2026 the best value apartment in the Santa Rosa area is the $1.18 price per square foot 3 Bedroom 2 Bathroom Model at The Ridge in the in the South Los Altos neighborhood starting from $1,330. The second greatest value Santa Rosa 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 Rosa apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Ridge | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.18 |
| The Bluffs at Tierra Contenta | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.76 |
| 300-304 Townsgate Plz | 304 Townsgate | 2BR,1BA | $1.06 |
| 1021 N Mlk Blvd | Martin Luther | 2BR,1BA | $0.66 |
| The June | Mercer | 1BR,1BA | $1.50 |
| The Reserve | Cheyenne | 1BR,1BA | $1.55 |
| LoLomas Apartments 55+ | 1 BR | 1BR,1BA | $1.15 |
| Palazzo Apartments | KaloSolo-Premium | 1BR,1BA | $1.36 |
| Evergreen Apartments | 1x1-B | 1BR,1BA | $1.70 |
| MOUNTAIN VISTA | One Bedroom | 1BR,1BA | $1.72 |
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.
Best Local Schools in Santa Rosa, NM
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Santa Rosa, NM Rentals by Map
See the most popular apartments and homes in Santa Rosa, NM
Frequently Asked Questions about Cheap Santa Rosa Apartments
What is the Cheapest Studio apartment in Santa Rosa?
Currently the most affordable Cheap Studio Apartment in Santa Rosa is at Santa Fe Suites listed at $899.
How much is rent for a Cheap One Bedroom Santa Rosa Apartment?
The lowest price for a Cheap One Bedroom Santa Rosa Apartment is $739 at LoLomas Apartments 55+.
What is the lowest price for a Cheap Two Bedroom Santa Rosa Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Santa Rosa is starting from $525 at 1021 N Mlk Blvd.
What is the most affordable Santa Rosa Three Bedroom Apartment?
The best deal on a cheap Santa Rosa Three Bedroom Apartment rental is at The Ridge and starts from $1,180.
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!