Cheap Homes for Rent in Arroyo Hondo, NM from $700 (11 Rentals)

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 941 Calle Mejia

941 Calle Mejia

Santa FeNM87501

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Arroyo Hondo, NM Local Guide

Cheapest Available Arroyo Hondo Apartments for Rent and Nearby

 

The cheapest available apartment rental in Arroyo Hondo, NM is a Studio unit found at Santa Fe Suites in the Arroyo Chamiso neighborhood priced from $950. 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 $993. Here is today’s list of the most affordable Arroyo Hondo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Santa Fe SuitesStudioStudio,1BA$950
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$993
Sierra Blanca ApartmentsStudioStudio,1BA$1,100
Canyon Walk Income RestrictedOne Bedroom1BR,1BA$1,135
Vista Alegre ApartmentsStudio, 1 BathStudio,1BA$1,154

Best Value Apartments for Rent in Arroyo Hondo, NM and Nearby

As of May 16, 2025 the best value apartment in the Arroyo Hondo area is the $1.44 price per square foot 3 x 3.5 (2-car Gar) Model at Terra at Enchanted Hills in the in the Encantado del Norte Heritage Series neighborhood starting from $2,375. The second greatest value Arroyo Hondo apartment is the 3x2 Model at Coronado Townhomes starting at $1,995 with a $1.50 price per square foot in the Encantado del Norte Heritage Series neighborhood. Here is today’s list of the best values for Arroyo Hondo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Terra at Enchanted Hills3 x 3.5 (2-car Gar)3BR,3.5BA$1.44
Coronado Townhomes3x23BR,2BA$1.50
Bluffs at Tierra Contenta4 Bedroom 2 Bath Townhome4BR,2BA$1.84
Casa Loma Apartments2x22BR,2BA$1.88
Via Vista Apartment CommunityAmber Reno2BR,2BA$1.76
Canyon Walk Income RestrictedOne Bedroom1BR,1BA$1.27
Local 18961x1ArT1 - 1X1 Renovated1BR,1BA$2.18
Talavera Apartment HomesPinon2BR,1BA$2.03
The OrchardsOne Bedroom1BR,1BA$2.09
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$1.71

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Frequently Asked Questions about Arroyo Hondo

What type of rentals are currently available in Arroyo Hondo?

There are currently 36 Apartments for Rent in Arroyo Hondo, NM with pricing that ranges from $950 to $4,600. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Arroyo Hondo ranging from $735 to $4,650.

What is the current price range for Rental Homes in Arroyo Hondo?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Arroyo Hondo ranges from $735 to $4,650 with an average monthly rent of $2,306.

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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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.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.