101 3 N Trevino Rd
Santa TeresaNM88008
Cheap Homes for Rent in Santa Teresa, NM from $1,400 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Santa Teresa.
6537 Hoop St
El PasoTX79932
749 Linda Johnson Ave
El PasoTX79932
6177 Snowy River Pl
El PasoTX79932
316 Ave Mirador
Santa TeresaNM88008
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.
5940 Cadiz St
El PasoTX79912
205 Bay Club Dr
Santa TeresaNM88008
815 Saguaro Park Ct
El PasoTX79932
5405 Montoya Dr
El PasoTX79932
118 St Andrews Dr
Santa TeresaNM88008
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.
6173 Night Fall Pl
El PasoTX79932
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Santa Teresa, NM Local Guide
Main street in Santa Teresa by Wiki User: B575 is licensed under CC BY-SA 3.0
How much does it cost to rent a home in Santa Teresa?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Santa Teresa 2 Bedroom Homes for Rent | $1,798 | $1,495 | $2,000 |
| Santa Teresa 3 Bedroom Homes for Rent | $1,924 | $1,600 | $2,200 |
| Santa Teresa 4 Bedroom Homes for Rent | $2,295 | $1,750 | $3,700 |
| Santa Teresa 5 Bedroom Homes for Rent | $2,574 | $2,435 | $2,735 |
Browse Top Homes for Rent in Santa Teresa
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Santa Teresa, NM Local Guide
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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 El Pavon Apartments in the Coronado neighborhood priced from $801. Crossroads Valley Apartments in the Coronado neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $804. Here is today’s list of the most affordable Santa Teresa apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| El Pavon Apartments | Villita | 1BR,1BA | $801 |
| Crossroads Valley Apartments | 2-1 | 2BR,1BA | $804 |
| Desert Pointe | 1 Bedroom | 1BR,1BA | $850 |
| Casa Barranca | 2x1 -767 | 2BR,1BA | $890 |
| Mesa Village Apartments | The Mesa Verde-Mesa Village | 1BR,1BA | $905 |
Best Value Apartments for Rent in Santa Teresa, NM and Nearby
As of April 13, 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 Apartment 1 Bd 1 Ba 1 Reserved Parking Model at Redd Rd Village Apartment starting at $950 with a $0.79 price per square foot in the Coronado neighborhood. Here is today’s list of the best values for Santa Teresa apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Belvidere Village Duplexes | B-549 | 3BR,2.5BA | $0.84 |
| Redd Rd Village Apartment | Apartment 1 Bd 1 Ba 1 Reserved Parking | 1BR,1BA | $0.79 |
| The Retreat at Mesa Hills | Durango - Premium Plus Upgrade | 2BR,2BA | $1.27 |
| Pear Tree Apartments | 2 Bed, 2 Bath A | 2BR,2BA | $1.10 |
| Colores Del Sol | 2 Bed 2 Bath | 2BR,2BA | $0.99 |
| Desert Pointe | 1 Bedroom | 1BR,1BA | $1.00 |
| Casa Barranca | 2x1 -767 | 2BR,1BA | $1.16 |
| El Pavon Apartments | Villita | 1BR,1BA | $1.07 |
| Mesa Village Apartments | The Mesa Verde-Mesa Village | 1BR,1BA | $1.29 |
| Crossroads Valley Apartments | 2-1 | 2BR,1BA | $1.18 |
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.
Read ArticleDon'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.
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Best Local Schools in Santa Teresa, NM
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Santa Teresa, NM Rentals by Map
See the most popular apartments and homes in Santa Teresa, NM
Frequently Asked Questions about Santa Teresa
What type of rentals are currently available in Santa Teresa?
There are currently 35 Apartments for Rent in Santa Teresa, NM with pricing that ranges from $528 to $11,111. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Santa Teresa ranging from $1,495 to $3,700.
What is the current price range for Rental Homes in Santa Teresa?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Santa Teresa ranges from $1,495 to $3,700 with an average monthly rent of $2,118.
How much are larger Three and Four Bedroom Rentals in Santa Teresa?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Santa Teresa range from $762 to $11,111, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $861.
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
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.
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.
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.