
Cheap Homes for Rent near Socorro, NM from $850 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Socorro.


3413 Gibson Blvd SE
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

45 Baca

93 Greer Rd
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.

607 1/2 Baca Ave
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 | $1,533 | $895 | $2,000 |
| Socorro 3 Bedroom Homes for Rent | $2,287 | $1,475 | $7,000 |
| Socorro 4 Bedroom Homes for Rent | $2,366 | $1,897 | $4,500 |
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Explore Socorro
Socorro, NM Local Guide
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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. Diamond Elite Luxury Townhomes in the Southwest Quadrant neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $699. 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 |
| Diamond Elite Luxury Townhomes | Studio/1 Bath | Studio,1BA | $699 |
| White Oak Apartments | 1x1 | 1BR,1BA | $716 |
Best Value Apartments for Rent in Socorro, NM and Nearby
As of August 23, 2026 the best value apartment in the Socorro area is the $1.27 price per square foot 5 Bed/5 Bath TH Model at Diamond Elite Luxury Townhomes in the in the Southwest Quadrant neighborhood starting from $2,500. The second greatest value Socorro apartment is the Three Bedroom Model at Taylor Ridge Apartments starting at $1,600 with a $1.28 price per square foot in the Southwest Quadrant 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. |
|---|---|---|---|
| Diamond Elite Luxury Townhomes | 5 Bed/5 Bath TH | 5BR,5BA | $1.27 |
| Taylor Ridge Apartments | Three Bedroom | 3BR,2BA | $1.28 |
| Aspen Ridge | Three Bedroom Two Bath | 3BR,2BA | $1.08 |
| Gracey's Nation - Palomas Community | 2 Bed, 1 Bath | 2BR,1BA | $1.23 |
| Generations at West Mesa | Two Bedroom One Bathroom 768 Sq Ft | 2BR,1BA | $1.34 |
| Villa Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
| Desert Park | 900 Valencia Dr. SE 32 | 2BR,1BA | $1.45 |
| White Oak Apartments | 1x1 | 1BR,1BA | $1.03 |
| The Lanai Apartments | 1BD/1B | 1BR,1BA | $1.38 |
| The French Quarter | 1 x1 Reno (630Sqft) | 1BR,1BA | $1.40 |
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.
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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.
Best Local Schools in Socorro, NM
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 68 Apartments for Rent in Socorro, NM with pricing that ranges from $500 to $2,725. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Socorro ranging from $850 to $7,000.
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 $850 to $7,000 with an average monthly rent of $2,201.
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 $1,475 to $7,000. Four Bedroom Single-Family rentals are also available starting from $1,897 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.