Cheap Homes for Rent in Tererro, NM from $1,500 (8 Rentals)

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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.

property at 142 Duran St

$1,750 - $2,500

1 To 2 Bedroom Rentals

Available Now

142 Duran St

Santa FeNM87501

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.

Tererro, NM Local Guide

Cheapest Available Tererro Apartments for Rent and Nearby

 

The cheapest available apartment rental in Tererro, NM is a Studio unit found at Santa Fe Suites in the Pueblos Del Sol neighborhood priced from $899. Myrtle Apartments - All Utilities Included has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Tererro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Santa Fe SuitesStudioStudio,1BA$899
Myrtle Apartments - All Utilities IncludedStudioStudio,1BA$900
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$993

Best Value Apartments for Rent in Tererro, NM and Nearby

As of January 28, 2026 the best value apartment in the Tererro area is the $1.90 price per square foot San Juan Model at South Meadows in the in the Pueblos Del Sol neighborhood starting from $2,535. The second greatest value Tererro apartment is the 2 X 2.5 (1-Car Gar) Model at Terra at Enchanted Hills starting at $2,095 with a $1.72 price per square foot in the Encantado del Norte Heritage Series neighborhood. Here is today’s list of the best values for Tererro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
South MeadowsSan Juan3BR,2BA$1.90
Terra at Enchanted Hills2 X 2.5 (1-Car Gar)2BR,2.5BA$1.72
The Bluffs at Tierra Contenta2 Bedroom 2 Bathroom2BR,2BA$1.76
Soleras StationTwo Bedroom2BR,1BA$2.00
Allegro at Tanoan1 Bedroom 1 Bath1BR,1BA$1.63
Local 18961x1ArT1 - 1X1 Renovated1BR,1BA$1.90
Altezza High DesertMontalto1BR,1BA$1.79
VizcayaMadrid1BR,1BA$1.87
Evergreen Apartments1x1-B1BR,1BA$1.70
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$1.71

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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

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Frequently Asked Questions about Tererro

What type of rentals are currently available in Tererro?

There are currently 40 Apartments for Rent in Tererro, NM with pricing that ranges from $899 to $4,456. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Tererro ranging from $1,500 to $8,000.

What is the current price range for Rental Homes in Tererro?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Tererro ranges from $1,500 to $8,000 with an average monthly rent of $3,014.

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

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.