3 Bedroom Apartments for Rent in Santa Teresa, NM (33 Rentals)

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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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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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Showing Results 1-33, Page 1 of 1

Santa Teresa, NM Local Guide

Largest Available Santa Teresa and Nearby 3 Bedroom Apartments

The largest available 3 Bedroom apartment unit in Santa Teresa, NM is found at Pear Tree Apartments in the Redd Mulberry neighborhood and is 1,801 square feet priced from $1,814. Moderno Village Apartments and Town Homes in the Coronado neighborhood has the second largest 3 Bedroom, which is sized at 1,749 square feet and currently listed start at $1,850. Here is today’s list of the largest available 3 Bedroom units in Santa Teresa:

Apartment ListingModel NameSquare FootagePriced From
Pear Tree Apartments3 Bed, 2 Bath C1,801 Sq Ft$1,814
Moderno Village Apartments and Town Homes1,749 Sq Ft$1,850
Belvidere Village DuplexesB-5491,661 Sq Ft$1,799
Ridgeline WestFloorplan Signature Solarium1,355 Sq Ft$2,055
The Retreat at Mesa HillsVeracruz - Exclusive Gated Phase; Premium Plus1,277 Sq Ft$1,605
Santa Teresa Terrace3 Bed, 2 Bath B (60% Income Restricted) ST III1,077 Sq Ft$1,207

Cheapest Available Santa Teresa and Nearby 3 Bedroom Apartments

As of April 20, 2026 the lowest priced 3 Bedroom apartment unit in Santa Teresa, NM is the 3 Bed, 2 Bath B (60% Income Restricted) ST III Model starting from $1,207 at Santa Teresa Terrace in the Valley Creek South neighborhood. The second most affordable Santa Teresa 3 Bedroom is the Veracruz - Exclusive Gated Phase; Premium Plus Model at The Retreat at Mesa Hills starting at $1,605 in the Redd Mulberry neighborhood. The average price for all 3 Bedroom apartments in Santa Teresa is currently $1,832. Here is today’s list of the cheapest available 3 Bedroom options in Santa Teresa:

Apartment ListingModel NamePriced From
Santa Teresa Terrace3 Bed, 2 Bath B (60% Income Restricted) ST III$1,207
The Retreat at Mesa HillsVeracruz - Exclusive Gated Phase; Premium Plus$1,605
Moderno Village Apartments and Town HomesTownhome 3 Bd Loft 2 Car Garage w Opener$1,799
Belvidere Village DuplexesB-549$1,799
Pear Tree Apartments3 Bed, 2 Bath C$1,814
Ridgeline WestFloorplan Signature$1,950

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Where to Rent in El Paso: A Local's Guide to Apartments Near Major Universities

El Paso is affordable, friendly, and vibrant! Explore Downtown, Golden Hill, Mission Hills, and more to find your perfect apartment near campus.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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 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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Santa Teresa, NM

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Frequently Asked Questions about 3 Bedroom Santa Teresa Apartments

How much is the average rent for a 3 Bedroom Santa Teresa Apartment?

The average rent for a 3 Bedroom Apartment in Santa Teresa is $1,832.

What is the largest available 3 Bedroom Santa Teresa Apartment for rent?

Today's apartment with the most square footage in Santa Teresa is a 1,801 square feet unit starting from $1,814 at Pear Tree Apartments.

What is the average size for Santa Teresa 3 Bedroom Apartments for rent?

The average size for a 3 Bedroom rental in Santa Teresa is currently 1,733 sq ft.

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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An El Paso, TX Local Expert's Guide to Affordable Neighborhoods for Renters

Written by: Lori Rosario

El Paso has been inhabited for thousands of years and still has much to offer people of all ages and walks of life.

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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.

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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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.