
Cheap Apartments for Rent in Waterflow, NM from $900 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Waterflow.


2115 Tesoro Pl

San Juan - Free Utilities

713 Acoma Pl

1604 N Municipal Dr

Apex Studios

Residences at Durango
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.

River Roost

27 S Elm St

Total Monthly Price
610 S Cedar St, Unit #1

145 S Madison St

Total Monthly Price
Red Cliff

Cannery Apartments Farmington NM

5880 Old Kirtland Hwy
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.

215 N Harrison St

721 E College Dr

444 E Montezuma Ave

5901 W Main St

304 N Rio Grande Ave

222.5 N Market St

Riverbridge Apartments
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.

304 S Harrison St

214 S Park Ave

644 E 2nd St

1719 W Aztec Blvd

2620 N Mossman Dr

1851 Florida Rd

1901 E Ranch Dr
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.

1104 Acoma Pl
Waterflow, NM Local Guide

How much does it cost to rent an apartment in Waterflow?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterflow Studio Apartments | $1,330 | $1,150 | $1,700 |
| Waterflow 1 Bedroom Apartments | $1,572 | $900 | $2,200 |
| Waterflow 2 Bedroom Apartments | $2,180 | $1,200 | $2,375 |
| Waterflow 3 Bedroom Apartments | $2,820 | $1,300 | $5,804 |
Browse Top Apartments in Waterflow
See all Apartments in WaterflowExplore Waterflow
Waterflow, NM Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Waterflow Apartments for Rent and Nearby
 The cheapest available apartment rental in Waterflow, NM is a Studio unit found at Apex Studios priced from $1,150. Red Cliff in the Rockridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,353. Here is today’s list of the most affordable Waterflow apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Apex Studios | Unfurnished | Studio,1BA | $1,150 |
| Red Cliff | A1 Loft | 1BR,1BA | $1,353 |
| River Roost | 1 Bedroom B1 - Unfurnished | 1BR,1BA | $1,759 |
| Affinity at Three Springs | Nova – Type 2/2A | 1BR,1BA | $1,791 |
| Gauge | B1 | 2BR,2BA | $1,989 |
| Skyline Apartments | A1 | 1BR,1BA | $2,004 |
Best Value Apartments for Rent in Waterflow, NM and Nearby
As of June 09, 2026 the best value apartment in the Waterflow area is the $1.50 price per square foot 1261 Galaxy Dr Model at 1261 Galaxy Dr, Unit B in the in the Hawks Nest neighborhood starting from $2,100. The second greatest value Waterflow apartment is the 1100 Goeglein Gulch #267 Model at 1100 Goeglein Gulch #267, Unit #267 starting at $2,700 with a $2.56 price per square foot in the Hawks Nest neighborhood. Here is today’s list of the best values for Waterflow apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1261 Galaxy Dr, Unit B | 1261 Galaxy Dr | 2BR,1BA | $1.50 |
| 1100 Goeglein Gulch #267, Unit #267 | 1100 Goeglein Gulch #267 | 3BR,2BA | $2.56 |
| Affinity at Three Springs | Intuition – Type 6/6A | 2BR,2BA | $2.29 |
| Gauge | B1 | 2BR,2BA | $1.98 |
| River Roost | 1 Bedroom B1 - Unfurnished | 1BR,1BA | $2.85 |
| Skyline Apartments | A1 | 1BR,1BA | $3.34 |
| Red Cliff | A1 Renovated | 1BR,1BA | $3.52 |
| Apex Studios | Furnished | Studio ,1BA | $4.86 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waterflow, NM Rentals by Map
See the most popular apartments and homes in Waterflow, NM
Frequently Asked Questions about Cheap Waterflow Apartments
How much is rent for a Cheap One Bedroom Waterflow Apartment?
The lowest price for a Cheap One Bedroom Waterflow Apartment is $1,250 at Apex Studios.
What is the lowest price for a Cheap Two Bedroom Waterflow Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Waterflow is starting from $1,989 at Gauge.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.