Cheap Homes for Rent in Watrous, NM from $1,600 (8 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Watrous, NM Local Guide

Cheapest Available Watrous Apartments for Rent and Nearby

 

The cheapest available apartment rental in Watrous, NM is a Studio unit found at Santa Fe Suites in the Arroyo Chamiso neighborhood priced from $900. Copper Hills in the Foothills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $954. Here is today’s list of the most affordable Watrous apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Santa Fe SuitesStudioStudio,1BA$900
Copper Hills1x11BR,1BA$954
Vista Alegre ApartmentsStudio, 1 BathStudio,1BA$1,042

Best Value Apartments for Rent in Watrous, NM and Nearby

As of June 19, 2025 the best value apartment in the Watrous area is the $1.55 price per square foot Abo Model at Las Kivas Apartments in the in the Foothills neighborhood starting from $1,635. The second greatest value Watrous apartment is the The Sagebrush Model at The Mica starting at $1,880 with a $1.84 price per square foot in the Arroyo Chamiso 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 Kivas ApartmentsAbo2BR,1BA$1.55
The MicaThe Sagebrush2BR,2BA$1.84
Canyon Walk Income RestrictedOne Bedroom1BR,1BA$1.27
Bluffs at Tierra Contenta2 Bedroom 2 Bath Ranch2BR,2BA$2.03
Local 18961x1ArT1 - 1X1 Renovated1BR,1BA$1.98
Altezza High DesertMontalto1BR,1BA$2.04
The ReserveCheyenne1BR,1BA$1.55
Copper Hills1x11BR,1BA$1.36
MOUNTAIN VISTAOne Bedroom1BR,1BA$1.90
Vista Alegre Apartments1 Bed, 1 Bath1BR,1BA$2.15

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Frequently Asked Questions about Watrous

What type of rentals are currently available in Watrous?

There are currently 35 Apartments for Rent in Watrous, NM with pricing that ranges from $900 to $4,395. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watrous ranging from $1,600 to $6,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Watrous ranges from $1,600 to $6,000 with an average monthly rent of $3,212.

How much are larger Three and Four Bedroom Rentals in Watrous?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Watrous range from $1,574 to $4,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,700 to $4,425. Four Bedroom Single-Family rentals are also available starting from $2,950 and Four Bedroom Apartments start at $2,300.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.