Cheap Apartments for Rent in Sunspot, NM from $500 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in Sunspot.

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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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100 Lower Terrace Dr
Studio to 2 Bedroom Apartments

100 Lower Terrace Dr

100 Lower Terrace DrRuidoso, NM 88345
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205 Mechem Dr
Studio to 3 Bedroom Apartments

205 Mechem Dr

205 Mechem DrRuidoso, NM 88345
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301 Mechem Dr
2 to 3 Bedroom Apartments

301 Mechem Dr

301 Mechem DrRuidoso, NM 88345

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-29, Page 1 of 1

Sunspot, NM Local Guide

Cheapest Available Sunspot Apartments for Rent and Nearby

 

The cheapest available apartment rental in Sunspot, NM is a Studio unit found at 205 Mechem Dr priced from $550. 100 Lower Terrace Dr has the second lowest priced unit, which is a Studio apartment currently listed from $550. Here is today’s list of the most affordable Sunspot apartments for rent:

Apartment ListingModel NameBed/BathPriced From
205 Mechem DrStudioStudio,1BA$550
100 Lower Terrace DrStudioStudio,1BA$550
311 Mechem DrStudioStudio,1BA$550
Mountain Springs Pointe1 Bedroom1BR,1BA$700
Casitas at 805 N 17Th St.StudioStudio,1BA$725
Three Sisters Apts - Income RestrictionsOne Bedroom1BR,1BA$755
1655 S MainContemporary1BR,1BA$795
Sun Ridge Village1 Bedroom - Small1BR,1BA$800
OMNI-Centre SquareOne Bedroom1BR,1BA$825
Sierra VerdeLa Sierra1BR,1BA$845

Best Value Apartments for Rent in Sunspot, NM and Nearby

As of June 24, 2025 the best value apartment in the Sunspot area is the $0.87 price per square foot 2 bedroom 1.5 bath townhome - Colony Garden Model at Colony Mesa Apartments in the starting from $1,025. The second greatest value Sunspot apartment is the Aggie Model at Pavilions At University starting at $1,055 with a $1.06 price per square foot . Here is today’s list of the best values for Sunspot apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Colony Mesa Apartments2 bedroom 1.5 bath townhome - Colony Garden2BR,1.5BA$0.87
Pavilions At UniversityAggie2BR,2BA$1.06
311 Mechem Dr3 BR3BR,2BA$1.30
700 California Ave2 Bedroom2BR,1BA$1.17
Verge at Las Cruces2BR/2BA2BR,2BA$0.88
Van Horne Estates ApartmentsOne Bedroom One Bathroom1BR,1BA$1.13
Woodcrest Apartments1 Bedroom1BR,1BA$1.28
205 Mechem Dr1 BR1BR,1BA$1.23
Three Sisters Apts - Income RestrictionsOne Bedroom1BR,1BA$1.30
100 Lower Terrace DrStudioStudio ,1BA$1.00

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Sunspot, NM Rentals by Map

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See the most popular apartments and homes in Sunspot, NM

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Frequently Asked Questions about Cheap Sunspot Apartments

What is the Cheapest Studio apartment in Sunspot?

Currently the most affordable Cheap Studio Apartment in Sunspot is at 205 Mechem Dr listed at $550.

How much is rent for a Cheap One Bedroom Sunspot Apartment?

The lowest price for a Cheap One Bedroom Sunspot Apartment is $700 at Mountain Springs Pointe.

What is the lowest price for a Cheap Two Bedroom Sunspot Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Sunspot is starting from $700 at 205 Mechem Dr.

What is the most affordable Sunspot Three Bedroom Apartment?

The best deal on a cheap Sunspot Three Bedroom Apartment rental is at 205 Mechem Dr and starts from $1,000.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.