
Cheap Homes for Rent near Waterflow, NM from $500 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Waterflow.


700 N Monterey Ave

708 N Monterey Ave

2205 E 18th St

337 Rd 3050, Unit Tiny House
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.

5200 Villa View Dr

531 S Main Ave

404 E Hopi St

674 E 7th Ave

510 E Montezuma Ave
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.

2408 N Hutton Ave

269 E 4th Ave

2104 Smith Ln

909 W Firwood St

3852 N Butler Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

6110 US-64
Waterflow, NM Local Guide

How much does it cost to rent a home in Waterflow?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waterflow 2 Bedroom Homes for Rent | $2,504 | $1,500 | $4,500 |
| Waterflow 3 Bedroom Homes for Rent | $2,218 | $1,050 | $3,900 |
| Waterflow 4 Bedroom Homes for Rent | $3,190 | $2,250 | $4,400 |
| Waterflow 5 Bedroom Homes for Rent | $3,850 | $3,850 | $3,850 |
Browse Top Homes for Rent in Waterflow
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Waterflow, NM Local Guide
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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 Apartments 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 Apartments | A1 Loft | 1BR,1BA | $1,353 |
| Skyline Apartments | A1 | 1BR,1BA | $2,004 |
| Gauge | B1 | 2BR,2BA | $2,049 |
| Affinity at Three Springs | Nova | 1BR,1BA | $2,143 |
Best Value Apartments for Rent in Waterflow, NM and Nearby
As of August 05, 2026 the best value apartment in the Waterflow area is the $2.75 price per square foot Intuition Model at Affinity at Three Springs in the starting from $2,793. The second greatest value Waterflow apartment is the B1 Model at Gauge starting at $2,049 with a $2.04 price per square foot . 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. |
|---|---|---|---|
| Affinity at Three Springs | Intuition | 2BR,2BA | $2.75 |
| Gauge | B1 | 2BR,2BA | $2.04 |
| 610 S Cedar St, Unit #2 | 610 S Cedar St | 2BR,1.5BA | $1.44 |
| 150 Snow Cap Ln, Unit Apartment | 150 Snow Cap Ln | 1BR,1BA | $2.13 |
| Skyline Apartments | A1 | 1BR,1BA | $3.34 |
| Red Cliff Apartments | 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!
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See the most popular apartments and homes in Waterflow, NM
Frequently Asked Questions about Waterflow
What type of rentals are currently available in Waterflow?
There are currently 31 Apartments for Rent in Waterflow, NM with pricing that ranges from $875 to $6,943. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waterflow ranging from $550 to $4,500.
What is the current price range for Rental Homes in Waterflow?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Waterflow ranges from $550 to $4,500 with an average monthly rent of $2,364.
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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.