
Cheap Apartments for Rent in Sheep Springs, NM from $500 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in Sheep Springs.


203 Archer St

1276 Washington

503 Glade Pl

1039 E High St

1245 Jelso Ave

San Juan - Free Utilities

226 Viro Cir

2203 N Tucker Ave

5901 W Main St

1604 N Municipal Dr
Sheep Springs, NM Local Guide

How much does it cost to rent an apartment in Sheep Springs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sheep Springs Studio Apartments | $1,219 | $558 | $1,905 |
| Sheep Springs 1 Bedroom Apartments | $1,577 | $593 | $1,975 |
| Sheep Springs 2 Bedroom Apartments | $1,790 | $655 | $2,400 |
| Sheep Springs 3 Bedroom Apartments | $1,629 | $698 | $2,837 |
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Sheep Springs, NM Local Guide
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Cheapest Available Sheep Springs Apartments for Rent and Nearby
 The cheapest available apartment rental in Sheep Springs, NM is a Studio unit found at Residences at Durango in the Hawks Nest neighborhood priced from $1,175. River Roost in the Hawks Nest neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,220. Here is today’s list of the most affordable Sheep Springs apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Residences at Durango | H0.1-60 | Studio,1BA | $1,175 |
| River Roost | A1 | Studio,1BA | $1,220 |
| Riverbridge Apartments | 1BR/1.0BA | 1BR,1BA | $1,500 |
| Gauge | A1 | 1BR,1BA | $1,691 |
| Confluence At Three Springs | Tributary #1 - 2 BR, 2 BA | 2BR,2BA | $2,065 |
Best Value Apartments for Rent in Sheep Springs, NM and Nearby
As of October 27, 2025 the best value apartment in the Sheep Springs area is the $2.02 price per square foot Riparion 2 BR, 2 BA Model at Confluence At Three Springs in the starting from $2,077. The second greatest value Sheep Springs apartment is the A1 Model at Gauge starting at $1,691 with a $2.40 price per square foot . Here is today’s list of the best values for Sheep Springs apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Confluence At Three Springs | Riparion 2 BR, 2 BA | 2BR,2BA | $2.02 |
| Gauge | A1 | 1BR,1BA | $2.40 |
| Riverbridge Apartments | 1BR/1.0BA | 1BR,1BA | $2.73 |
| Residences at Durango | H0.1-60 | Studio ,1BA | $3.30 |
| River Roost | A1F | Studio ,1BA | $5.09 |
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Frequently Asked Questions about Cheap Sheep Springs Apartments
What is the Cheapest Studio apartment in Sheep Springs?
Currently the most affordable Cheap Studio Apartment in Sheep Springs is at Residences at Durango listed at $1,175.
How much is rent for a Cheap One Bedroom Sheep Springs Apartment?
The lowest price for a Cheap One Bedroom Sheep Springs Apartment is $1,500 at Riverbridge Apartments.
What is the lowest price for a Cheap Two Bedroom Sheep Springs Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Sheep Springs is starting from $2,065 at Confluence At Three Springs.
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.

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!

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.