824 Vine Ave
FarmingtonNM87401
Cheap Homes for Rent in Sheep Springs, NM from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Sheep Springs.
2814 Parque De Oeste Dr
FarmingtonNM87401
337 Rd 3050, Unit Tiny House
337 Rd 3050
AztecNM87410
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.
805 Saguaro St
BloomfieldNM87413
6 Co Rd 6256
KirtlandNM87417
306 N Frontier St
BloomfieldNM87413
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.
214 S Park Ave
AztecNM87410
Showing Results 1-7, Page 1 of 1
Sheep Springs, NM Local Guide
Night shot of camping by Bureau of Land Management is licensed under CC BY 2.0
How much does it cost to rent a home in Sheep Springs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Sheep Springs 2 Bedroom Homes for Rent | $2,313 | $950 | $4,500 |
| Sheep Springs 3 Bedroom Homes for Rent | $2,032 | $1,300 | $3,000 |
| Sheep Springs 4 Bedroom Homes for Rent | $2,675 | $1,400 | $4,000 |
Browse Top Homes for Rent 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 $999. Apex Studios has the second lowest priced unit, which is a Studio apartment currently listed from $1,150. Here is today’s list of the most affordable Sheep Springs apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River Roost | Studio A1 - Unfurnished | Studio,1BA | $999 |
| Apex Studios | Unfurnished | Studio,1BA | $1,150 |
| Affinity at Three Springs | Nova – Type 2/2A | 1BR,1BA | $1,791 |
Best Value Apartments for Rent in Sheep Springs, NM and Nearby
As of June 19, 2026 the best value apartment in the Sheep Springs area is the $1.50 price per square foot 1261 Galaxy Dr Model at 1261 Galaxy Dr, Unit B in the in the Hawks Nest neighborhood starting from $2,100. The second greatest value Sheep Springs apartment is the C1 Model at Gauge starting at $2,722 with a $2.05 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. |
|---|---|---|---|
| 1261 Galaxy Dr, Unit B | 1261 Galaxy Dr | 2BR,1BA | $1.50 |
| Gauge | C1 | 3BR,2BA | $2.05 |
| 1100 Goeglein Gulch #267, Unit #267 | 1100 Goeglein Gulch #267 | 3BR,2BA | $2.56 |
| Affinity at Three Springs | Intuition – Type 6/6A | 2BR,2BA | $2.29 |
| Skyline Apartments | A1 | 1BR,1BA | $3.34 |
| Apex Studios | Furnished | Studio ,1BA | $4.86 |
| River Roost | Studio A2 - Unfurnished | Studio ,1BA | $3.82 |
| Residences at Durango | H0.1-30 | Studio ,1BA | $1.95 |
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 Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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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See the most popular apartments and homes in Sheep Springs, NM
Frequently Asked Questions about Sheep Springs
What type of rentals are currently available in Sheep Springs?
There are currently 30 Apartments for Rent in Sheep Springs, NM with pricing that ranges from $555 to $5,576. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Sheep Springs ranging from $950 to $4,500.
What is the current price range for Rental Homes in Sheep Springs?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Sheep Springs ranges from $950 to $4,500 with an average monthly rent of $2,109.
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
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.