Cheap Apartments for Rent near Watrous, NM from $300 (47 Rentals)

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

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MOUNTAIN VISTA
Rent Specials
$1,020 - $1,674
Total Monthly Price

Total Monthly Price

Base Rent
$1,020 - $1,674
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

MOUNTAIN VISTA

1501 Tramway Blvd NEAlbuquerque, NM 87112
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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Copper Hills
Rent Specials
$1,049 - $1,253
Total Monthly Price

Total Monthly Price

Base Rent
$1,049 - $1,253
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Copper Hills

4200 Spanish Bit NEAlbuquerque, NM 87111
Affordability
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  • Customer Reviewed
  • Low Income
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The Reserve
$1,143 - $1,620
Total Monthly Price

Total Monthly Price

Base Rent
$1,143 - $1,620
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Varies
1 to 3 Bedroom Apartments Available Jul 24

The Reserve

1001 Tramway Blvd NEAlbuquerque, NM 87112
Affordability
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  • Customer Reviewed
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Local 1896
$1,270 - $2,042
Total Monthly Price

Total Monthly Price

Base Rent
$1,270 - $2,042
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Local 1896

1896 Lorca DrSanta Fe, NM 87505
Furnished
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  • Customer Reviewed
  • 3D Tour

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.

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Cresta Ranch
$1,443 - $2,227
Total Monthly Price

Total Monthly Price

Base Rent
$1,443 - $2,227
Total Monthly Price
$1,443 - $2,227
2 to 3 Bedroom Apartments Available Now

Cresta Ranch

48 Raptor RdSanta Fe, NM 87508
Eco-Friendly
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  • Low Income
  • Smoke Free
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The Mica
$1,484 - $2,208
Total Monthly Price

Total Monthly Price

Base Rent
$1,484 - $2,208
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

The Mica

825 Calle MejiaSanta Fe, NM 87501
Affordability
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  • Customer Reviewed
  • 3D Tour

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.

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Turquesa
Rent Specials
$1,594 - $2,718
Total Monthly Price

Total Monthly Price

Base Rent
$1,594 - $2,718
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Turquesa

4700 Wagon RdSanta Fe, NM 87507
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Solwyn
Rent Specials
$1,644 - $2,709
Total Monthly Price

Total Monthly Price

Base Rent
$1,644 - $2,709
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Solwyn

5520 Wellness WaySanta Fe, NM 87507
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South Meadows
Rent Specials
$1,646 - $2,642
Total Monthly Price

Total Monthly Price

Base Rent
$1,646 - $2,642
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

South Meadows

2800 S Meadows RdSanta Fe, NM 87507
Affordability
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  • Customer Reviewed
  • 3D Tour

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.

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Casa Loma Apartments
Studio to 3 Bedroom Apartments

Casa Loma Apartments

100 Rio Vista PlSanta Fe, NM 87501
Corporate Housing
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Vista Linda
1 to 4 Bedroom Apartments

Vista Linda

6332 Entrada de MilagroSanta Fe, NM 87507
Senior Living
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Las Kivas
2 to 3 Bedroom Apartments

Las Kivas

4777 Tramway Blvd NEAlbuquerque, NM 87111
property at 142 Duran St

$1,650 - $2,400

1 Bedroom Rentals

Available Now

142 Duran St

Santa FeNM87501

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.

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Showing Results 1-47, Page 1 of 1

Watrous, NM Local Guide

Cheapest Available Watrous Apartments for Rent and Nearby

 

The cheapest available apartment rental in Watrous, NM is a 1 Bed unit found at Tierra Montosa priced from $353. Taos Haus +6 has the second lowest priced unit, which is a 2 Beds apartment currently listed from $592. Here is today’s list of the most affordable Watrous apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tierra Montosa1 Bedroom1BR,1BA$353
Taos Haus +62 Bedrooms2BR,1BA$592
Ochenta Apartments2 Bedrooms2BR,1BA$739
El Cerrito2 BR2BR,1BA$749
Myrtle Apartments - All Utilities IncludedStudioStudio,1BA$900
Casitas Del BellaEfficiency w/ stove topStudio,1BA$925
Santa Fe SuitesStudioStudio,1BA$955
MOUNTAIN VISTAOne Bedroom1BR,1BA$1,020
Copper Hills1x11BR,1BA$1,049
Elevate at OsloStudio - 325Studio,1BA$1,095

Best Value Apartments for Rent in Watrous, NM and Nearby

As of July 23, 2026 the best value apartment in the Watrous area is the $1.36 price per square foot Isleta Model at Las Kivas in the in the Foothills neighborhood starting from $1,507. The second greatest value Watrous apartment is the 2 Bedroom 2 Bath Model at Allegro at Tanoan starting at $1,759 with a $1.76 price per square foot in the Foothills neighborhood. Here is today’s list of the best values for Watrous apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Las KivasIsleta2BR,2BA$1.36
Allegro at Tanoan2 Bedroom 2 Bath2BR,2BA$1.76
El Cerrito2 BR2BR,1BA$0.77
Cresta RanchTwo Bedroom - 60% AMI2BR,2BA$1.52
Ochenta Apartments2 Bedrooms2BR,1BA$0.97
Taos Haus +62 Bedrooms2BR,1BA$0.70
Local 18961x1ArT1 - 1X1 Renovated1BR,1BA$1.69
Tierra Montosa1 Bedroom1BR,1BA$0.49
Copper Hills1x11BR,1BA$1.50
MOUNTAIN VISTAOne Bedroom1BR,1BA$1.62

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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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.

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

Explore Watrous, NM Rentals by Map

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See the most popular apartments and homes in Watrous, NM

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Frequently Asked Questions about Cheap Watrous Apartments

What is the Cheapest Studio apartment in Watrous?

Currently the most affordable Cheap Studio Apartment in Watrous is at Myrtle Apartments - All Utilities Included listed at $900.

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

The lowest price for a Cheap One Bedroom Watrous Apartment is $353 at Tierra Montosa.

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

Today's best deal for a Cheap Two Bedroom Apartment in Watrous is starting from $592 at Taos Haus +6.

What is the most affordable Watrous Three Bedroom Apartment?

The best deal on a cheap Watrous Three Bedroom Apartment rental is at Taos Haus +6 and starts from $681.

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 Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

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.