Cheap Apartments for Rent in Santa Teresa, NM from $500 (24 Rentals)

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

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Santa Teresa Terrace
$993 - $2,636
Total Monthly Price

Total Monthly Price

Base Rent
$947 - $2,590
Required Monthly Fees
$46
Total Monthly Price
$993 - $2,636
2 to 3 Bedroom Apartments Available Now

Santa Teresa Terrace

105 Comerciantes BlvdSanta Teresa, NM 88008
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  • Customer Reviewed
  • Low Income
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Crossroads Valley Apartments
$695 - $810
Total Monthly Price

Total Monthly Price

Base Rent
$572 - $687
Required Monthly Fees
$123
Total Monthly Price
$695 - $810
1 to 2 Bedroom Apartments Available Now

Crossroads Valley Apartments

260 Mcclintock DrEl Paso, TX 79932
Affordability
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  • Customer Reviewed

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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Pear Tree Apartments
Rent Specials
$885 - $2,779
Total Monthly Price

Total Monthly Price

Base Rent
$819 - $2,713
Required Monthly Fees
$66
Total Monthly Price
$885 - $2,779
Studio to 3 Bedroom Apartments Available Now

Pear Tree Apartments

222 Bartlett DrEl Paso, TX 79912
Affordability
  • Verified
  • Customer Reviewed
  • Low Income

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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 1-24, Page 1 of 1

Santa Teresa, NM Local Guide

Cheapest Available Santa Teresa Apartments for Rent and Nearby

 

The cheapest available apartment rental in Santa Teresa, NM is a 1 Bed unit found at Crossroads Valley Apartments in the Coronado neighborhood priced from $695. El Pavon Apartments in the Coronado neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $801. Here is today’s list of the most affordable Santa Teresa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crossroads Valley Apartments1-11BR,1BA$695
El Pavon ApartmentsVillita1BR,1BA$801
Desert Pointe1 Bedroom1BR,1BA$850
Western ReddTwo Bedroom2BR,1BA$850
The Rosetta Apartment Homes1/1.001BR,1BA$875

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

As of March 05, 2026 the best value apartment in the Santa Teresa area is the $0.84 price per square foot B-549 Model at Belvidere Village Duplexes in the in the Coronado neighborhood starting from $1,799. The second greatest value Santa Teresa apartment is the D Model at The Legends of El Paso starting at $1,604 with a $1.28 price per square foot in the Redd Mulberry neighborhood. Here is today’s list of the best values for Santa Teresa apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Belvidere Village DuplexesB-5493BR,2.5BA$0.84
The Legends of El PasoD2BR,2BA$1.28
Pear Tree Apartments2 Bed, 2 Bath A2BR,2BA$1.15
Western ReddTwo Bedroom2BR,1BA$0.83
Colores Del Sol2 Bed 1.5 Bath2BR,1.5BA$0.98
Vista Oeste2 Bedroom 1 Bath2BR,1BA$1.29
Desert Pointe1 Bedroom1BR,1BA$1.00
El Pavon ApartmentsVillita1BR,1BA$1.07
The Rosetta Apartment Homes1/1.001BR,1BA$1.22
Crossroads Valley Apartments1-11BR,1BA$1.30

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

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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Santa Teresa Apartments

How much is rent for a Cheap One Bedroom Santa Teresa Apartment?

The lowest price for a Cheap One Bedroom Santa Teresa Apartment is $695 at Crossroads Valley Apartments.

What is the lowest price for a Cheap Two Bedroom Santa Teresa Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Santa Teresa is starting from $785 at Crossroads Valley Apartments.

What is the most affordable Santa Teresa Three Bedroom Apartment?

The best deal on a cheap Santa Teresa Three Bedroom Apartment rental is at Western Redd and starts from $1,150.

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

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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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Maximizing Your Refund: Essential Tax Tips for Renters

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

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Renting your next home can feel thrilling and overwhelming at the same time.

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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.