Cheap Homes for Rent in Algodones, NM from $1,400 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

Algodones, NM Local Guide

Cheapest Available Algodones Apartments for Rent and Nearby

 

The cheapest available apartment rental in Algodones, NM is a 1 Bed unit found at Felician Villa I - Senior 55+ in the Sunrise Village at Northern Meadows neighborhood priced from $929. Casa de Encantada Senior Apartments in the Encantado del Norte Heritage Series neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $936. Here is today’s list of the most affordable Algodones apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Felician Villa I - Senior 55+One Bedroom1BR,1BA$929
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$936
The PanoramaStudio AStudio,1BA$970

Best Value Apartments for Rent in Algodones, NM and Nearby

As of April 15, 2025 the best value apartment in the Algodones area is the $1.66 price per square foot 3x2 (Medium) Model at Horizon Village Rental Homes in the in the La Cienega del Norte neighborhood starting from $2,875. The second greatest value Algodones apartment is the 3 x 3.5 (2-car Gar) Model at Terra at Enchanted Hills starting at $2,400 with a $1.45 price per square foot in the Encantado del Norte Heritage Series neighborhood. Here is today’s list of the best values for Algodones apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Horizon Village Rental Homes3x2 (Medium)3BR,2BA$1.66
Terra at Enchanted Hills3 x 3.5 (2-car Gar)3BR,3.5BA$1.45
SkyStone ApartmentsBosque2BR,2BA$1.54
Via Vista Apartment CommunityJade Reno3BR,2BA$1.70
ArterraAvari2BR,2BA$1.44
Meadowlark Apartments2x2TH2BR,2BA$1.49
La Ventana2x2-10352BR,2BA$1.71
Vista Del Sol Apartments2 Bed 2 Bath2BR,2BA$1.62
Felician Villa I - Senior 55+One Bedroom1BR,1BA$1.44
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$1.61

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

Frequently Asked Questions about Algodones

What type of rentals are currently available in Algodones?

There are currently 34 Apartments for Rent in Algodones, NM with pricing that ranges from $929 to $7,419. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Algodones ranging from $1,400 to $15,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Algodones ranges from $1,400 to $15,000 with an average monthly rent of $3,868.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit  article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.