
Cheap Apartments for Rent in Socorro, NM from $500 (63 Rentals)
Search the lowest-cost Apartments available for rent right now in Socorro.


Home @ Valencia

Diamond Elite Luxury Townhomes

The Loop at 950

White Oak Apartments

Millennium Flats

Bluewater Village

Villa De San Felipe

The Portals Apartments

La Vida Nueva
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.

Somerset Park

Total Monthly Price
El Pueblo - Ultimate Urban Living

Total Monthly Price
The French Quarter

Gracey's Nation - Palomas Community

Silver Gardens Apartments

Silver Moon Lodge

Vail Manor Apartments

Total Monthly Price
Playa Del Sol

Villa Apartments

Las Brisas
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.

Morgan St

Zocalo Lofts

Alvarado Apartments

Tierra Linda

Zodiac Apartments

The Lanai Apartments

Taylor Ridge Apartments

CRESTWOOD APARTMENTS

505 Central Lofts

Garfield Townhomes
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.

200 Cornell Dr

Total Monthly Price
Diamond Mesa

One Central

Total Monthly Price
Encanto at Mesa Del Sol

545 Cedar St SE

2018 Nancy St SW

2018 Nancy St

University Village

509 Girard Terrace

Adobe Manor Apartments
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.

Route 66 Headquarters

Pine St Studios

2800 Vail Ave SE

El Campo Apartments

Tierra Pointe

Madeira Court

Ceja Vista Senior 55+

Imperial

FREE UTILITIES!! GREAT VIBES!!

Aspen Ridge
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Socorro, NM Local Guide

How much does it cost to rent an apartment in Socorro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Socorro Studio Apartments | $844 | $645 | $1,800 |
| Socorro 1 Bedroom Apartments | $1,108 | $500 | $1,743 |
| Socorro 2 Bedroom Apartments | $1,398 | $895 | $2,460 |
| Socorro 3 Bedroom Apartments | $1,659 | $1,150 | $2,500 |
| Socorro 4 Bedroom Apartments | $2,142 | $1,300 | $2,616 |
Browse Top Apartments in Socorro
See all Apartments in SocorroExplore Socorro
Socorro, NM Local Guide
- Nearby Cities
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Cheapest Available Socorro Apartments for Rent and Nearby
 The cheapest available apartment rental in Socorro, NM is a Studio unit found at The Loop at 950 in the South San Pedro neighborhood priced from $645. Home @ Valencia in the South San Pedro neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Socorro apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Loop at 950 | 0x1 - 280 | Studio,1BA | $645 |
| Home @ Valencia | 1bd/1ba | 1BR,1BA | $695 |
| Diamond Elite Luxury Townhomes | Studio/1 Bath | Studio,1BA | $699 |
| White Oak Apartments | 1x1 | 1BR,1BA | $716 |
| Millennium Flats | Unit Type A | Studio,1BA | $775 |
| The Portals Apartments | A1 | 1BR,1BA | $800 |
| Villa De San Felipe | 0 x 1 C | Studio,1BA | $815 |
| El Pueblo - Ultimate Urban Living | Studio | Studio,1BA | $840 |
| Gracey's Nation - Palomas Community | 1 Bed, 1 Bath | 1BR,1BA | $850 |
| The French Quarter | 1x1 Classic (630sqft) RH | 1BR,1BA | $850 |
Best Value Apartments for Rent in Socorro, NM and Nearby
As of July 08, 2026 the best value apartment in the Socorro area is the $1.28 price per square foot Three Bedroom Model at Taylor Ridge Apartments in the in the Southwest Quadrant neighborhood starting from $1,600. The second greatest value Socorro apartment is the Four Bedroom Two Bath Model at Aspen Ridge starting at $1,311 with a $1.08 price per square foot in the South San Pedro neighborhood. Here is today’s list of the best values for Socorro apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Taylor Ridge Apartments | Three Bedroom | 3BR,2BA | $1.28 |
| Aspen Ridge | Four Bedroom Two Bath | 4BR,2BA | $1.08 |
| Gracey's Nation - Palomas Community | 2 Bed, 1 Bath | 2BR,1BA | $1.23 |
| The Lanai Apartments | 2BD/1B | 2BR,1BA | $1.36 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.37 |
| The Portals Apartments | A1 | 1BR,1BA | $1.14 |
| White Oak Apartments | 1x1 | 1BR,1BA | $1.03 |
| Vail Manor Apartments | 1BD | 1BR,1BA | $1.38 |
| The French Quarter | 1 x1 Reno (630Sqft) | 1BR,1BA | $1.40 |
| Home @ Valencia | 1bd/1ba | 1BR,1BA | $1.26 |
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 ArticleReal 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.
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.
Best Local Schools in Socorro, NM
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Socorro, NM Rentals by Map
See the most popular apartments and homes in Socorro, NM
Frequently Asked Questions about Cheap Socorro Apartments
What is the Cheapest Studio apartment in Socorro?
Currently the most affordable Cheap Studio Apartment in Socorro is at The Loop at 950 listed at $645.
How much is rent for a Cheap One Bedroom Socorro Apartment?
The lowest price for a Cheap One Bedroom Socorro Apartment is $695 at Home @ Valencia.
What is the lowest price for a Cheap Two Bedroom Socorro Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Socorro is starting from $925 at The Loop at 950.
What is the most affordable Socorro Three Bedroom Apartment?
The best deal on a cheap Socorro Three Bedroom Apartment rental is at Aspen Ridge and starts from $1,184.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.