
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.


1276 Washington

1039 E High St

1245 Jelso Ave
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.

2115 Tesoro Pl

San Juan - Free Utilities

5901 W Main St

1604 N Municipal Dr

324 W Blanco Blvd
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.

208 Robinson Ave
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 | $1,195 | $558 | $1,400 |
| Sheep Springs 1 Bedroom Apartments | $1,547 | $593 | $1,975 |
| Sheep Springs 2 Bedroom Apartments | $1,817 | $626 | $2,474 |
| Sheep Springs 3 Bedroom Apartments | $1,981 | $713 | $2,850 |
Browse Top Apartments in Sheep Springs
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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 River Roost in the Hawks Nest neighborhood priced from $1,175. Residences at Durango in the Hawks Nest neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here is today’s list of the most affordable Sheep Springs apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River Roost | A1 | Studio,1BA | $1,175 |
| Residences at Durango | H0.1-60 | Studio,1BA | $1,175 |
| Gauge | A1 | 1BR,1BA | $1,645 |
| Confluence At Three Springs | Cascade #3 - 1 BR, 1 BA | 1BR,1BA | $1,662 |
| Skyline Apartments | B1 | 2BR,1BA | $2,175 |
Best Value Apartments for Rent in Sheep Springs, NM and Nearby
As of December 11, 2025 the best value apartment in the Sheep Springs area is the $2.27 price per square foot 108 Conejo Pl Model at 108 Conejo Pl in the in the Hawks Nest neighborhood starting from $2,850. The second greatest value Sheep Springs apartment is the B1 Model at Skyline Apartments starting at $2,175 with a $2.77 price per square foot in the Hawks Nest neighborhood. 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. |
|---|---|---|---|
| 108 Conejo Pl | 108 Conejo Pl | 3BR,1BA | $2.27 |
| Skyline Apartments | B1 | 2BR,1BA | $2.77 |
| Gauge | A1 | 1BR,1BA | $2.34 |
| Confluence At Three Springs | Cascade #3 - 1 BR, 1 BA | 1BR,1BA | $2.38 |
| 1768 1/2 W 3rd Ave | 1768 1/2 W 3rd Ave | 1BR,1BA | $2.92 |
| Residences at Durango | H0.1-60 | Studio ,1BA | $3.30 |
| River Roost | A1F | Studio ,1BA | $4.87 |
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 ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Sheep Springs, NM Rentals by Map
See the most popular apartments and homes in Sheep Springs, NM
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 River Roost 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 $1,645 at Gauge.
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 $1,420 at Residences at Durango.
What is the most affordable Sheep Springs Three Bedroom Apartment?
The best deal on a cheap Sheep Springs Three Bedroom Apartment rental is at Residences at Durango and starts from $1,630.
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

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!

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.
