
Cheap Homes for Rent in Socorro, NM from $1,300 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Socorro.


930 Desert Senna Ave SW

1099 Carmel Rd

3316 Prairie Ridge St SW

981 Purple Aster Ave SW

3820 Hernandez St SW
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.

511 Rain Lily Rd SW

3380 Prairie Sage St SW

701 Desert Senna Ave SW

14 Calle Guaymas

10804 Four Mile Rd SW

3430 Prairie Sage St SW
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.
Socorro, NM Local Guide

How much does it cost to rent a home in Socorro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Socorro 2 Bedroom Homes for Rent | $2,433 | $1,300 | $4,200 |
| Socorro 3 Bedroom Homes for Rent | $2,235 | $1,795 | $5,000 |
| Socorro 4 Bedroom Homes for Rent | $2,807 | $2,100 | $4,600 |
| Socorro 5 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
Browse Top Homes for Rent in Socorro
Explore Socorro
Socorro, NM Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Socorro Apartments for Rent and Nearby
 The cheapest available apartment rental in Socorro, NM is a Studio unit found at The Loop @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 @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 | $790 |
Best Value Apartments for Rent in Socorro, NM and Nearby
As of May 22, 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 $1,190 with a $0.98 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 | $0.98 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.37 |
| Villa Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
| The Portals Apartments | A1 | 1BR,1BA | $1.14 |
| White Oak Apartments | 1x1 | 1BR,1BA | $1.03 |
| Spacious 2 Bedroom Apartment with Private Patio | 1 bedroom 1 bathroom | 1BR,1BA | $1.28 |
| Pine St Studios | Unit 08 | 1BR,1BA | $1.31 |
| Updated Studio, one bedroom and two bedroom units | 1BD | 1BR,1BA | $1.38 |
| 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 Socorro
What type of rentals are currently available in Socorro?
There are currently 64 Apartments for Rent in Socorro, NM with pricing that ranges from $439 to $2,800. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Socorro ranging from $1,300 to $5,000.
What is the current price range for Rental Homes in Socorro?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Socorro ranges from $1,300 to $5,000 with an average monthly rent of $2,543.
How much are larger Three and Four Bedroom Rentals in Socorro?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Socorro range from $1,150 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,795 to $5,000. Four Bedroom Single-Family rentals are also available starting from $2,100 and Four Bedroom Apartments start at $1,300.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.