Cheap Apartments for Rent in Waterflow, NM from $900 (29 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

property at 27 S Elm St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

27 S Elm St

CortezCO81321
property at 145 S Madison St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 1 Bath Home for Rent

Available Now

145 S Madison St

CortezCO81321
close
View Me
Red Cliff
Rent Specials
$1,353 - $1,684
Total Monthly Price

Total Monthly Price

Base Rent
$1,353 - $1,684

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Red Cliff

5800 Main AveDurango, CO 81301
Affordability
  • Verified
  • Customer Reviewed

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 215 N Harrison St

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Now

215 N Harrison St

CortezCO81321
property at 721 E College Dr

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

1 Bedroom, 1 Bath Home for Rent

Available Jul 3

721 E College Dr

DurangoCO81301
property at 444 E Montezuma Ave

$1,645 - $2,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,645

Total Monthly Price
$1,645

1 To 2 Bedroom Rentals

Available Now

444 E Montezuma Ave

CortezCO81321
property at 222.5 N Market St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Home for Rent

Available Jun 10

222.5 N Market St

CortezCO81321

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.

property at 304 S Harrison St

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

2 Bedroom, 1 Bath Home for Rent

Available Now

304 S Harrison St

CortezCO81321
property at 644 E 2nd St

$1,525

Total Monthly Price

Total Monthly Price

Base Rent
$1,525

Total Monthly Price
$1,525

1 Bedroom, 1 Bath Home for Rent

Available Now

644 E 2nd St

DurangoCO81301
property at 1851 Florida Rd

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 Bedroom, 1 Bath Home for Rent

Available Now

1851 Florida Rd

DurangoCO81301

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.

Waterflow, NM Local Guide

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 ListingModel NameBed/BathPriced From
Apex StudiosUnfurnishedStudio,1BA$1,150
Red CliffA1 Loft1BR,1BA$1,353
River Roost1 Bedroom B1 - Unfurnished1BR,1BA$1,759
Affinity at Three SpringsNova – Type 2/2A1BR,1BA$1,791
GaugeB12BR,2BA$1,989
Skyline ApartmentsA11BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
1261 Galaxy Dr, Unit B1261 Galaxy Dr2BR,1BA$1.50
1100 Goeglein Gulch #267, Unit #2671100 Goeglein Gulch #2673BR,2BA$2.56
Affinity at Three SpringsIntuition – Type 6/6A2BR,2BA$2.29
GaugeB12BR,2BA$1.98
River Roost1 Bedroom B1 - Unfurnished1BR,1BA$2.85
Skyline ApartmentsA11BR,1BA$3.34
Red CliffA1 Renovated1BR,1BA$3.52
Apex StudiosFurnishedStudio ,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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Waterflow, NM Rentals by Map

View Map
Waterflow, NM Apartments Map
View Map
Waterflow, NM Rental Homes Map

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.