
Cheap Homes for Rent in Caballo, NM from $1,100 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Caballo.


3650 Morningstar Dr

2020 Camelot Dr

1201 Platinum St

16 Twin Sisters Crk Rd

376 Dusty Ln

3704 Chromite Ct

3860 Las Colinas Dr

112 Romero Dr

5001 Bosworth Rd
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.

1305 Lyles Rd

3635 Santa Adriana Ave

6732 Camino Blanco

4033 Scot Pine Pl

4083 Ramrod Forge

5095 Vista De Tierra Rd

1950 Camelot Dr

118 Scotland Ct
Caballo, NM Local Guide

How much does it cost to rent a home in Caballo?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Caballo 2 Bedroom Homes for Rent | $1,457 | $1,195 | $1,695 |
Caballo 3 Bedroom Homes for Rent | $1,734 | $1,600 | $1,900 |
Caballo 4 Bedroom Homes for Rent | $2,112 | $1,300 | $2,500 |
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Caballo, NM Local Guide
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Cheapest Available Caballo Apartments for Rent and Nearby
 The cheapest available apartment rental in Caballo, NM is a 1 Bed unit found at Mountain Springs Pointe in the Downtown Las Cruces neighborhood priced from $700. Casitas at 805 N 17Th St. in the Downtown Las Cruces neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Caballo apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Mountain Springs Pointe | 1 Bedroom | 1BR,1BA | $700 |
Casitas at 805 N 17Th St. | Studio | Studio,1BA | $725 |
1655 S Main | Contemporary | 1BR,1BA | $795 |
Sun Ridge Village | 1 Bedroom - Small | 1BR,1BA | $800 |
OMNI-Centre Square | One Bedroom | 1BR,1BA | $825 |
Best Value Apartments for Rent in Caballo, NM and Nearby
As of April 25, 2025 the best value apartment in the Caballo area is the $0.87 price per square foot 2 bedroom 1.5 bath townhome - Colony Garden Model at Colony Mesa Apartments in the in the Downtown Las Cruces neighborhood starting from $1,025. The second greatest value Caballo apartment is the The Catlina Model at The Pavilions at South Fork starting at $1,275 with a $1.16 price per square foot . Here is today’s list of the best values for Caballo apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Colony Mesa Apartments | 2 bedroom 1.5 bath townhome - Colony Garden | 2BR,1.5BA | $0.87 |
The Pavilions at South Fork | The Catlina | 2BR,2BA | $1.16 |
Pavilions At University | Aggie | 2BR,2BA | $1.21 |
Casa Bandera | B1 | 2BR,2BA | $1.33 |
700 California Ave | 2 Bedroom | 2BR,1BA | $1.17 |
Verge at Las Cruces | 2BR/2BA | 2BR,2BA | $0.88 |
Regency Pointe Apartments | The Ambassador | 1BR,1BA | $1.13 |
Woodcrest Apartments | 1 Bedroom | 1BR,1BA | $1.28 |
Sierra Verde | La Sierra | 1BR,1BA | $1.30 |
OMNI-Centre Square | One Bedroom | 1BR,1BA | $1.38 |
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Frequently Asked Questions about Caballo
What type of rentals are currently available in Caballo?
There are currently 34 Apartments for Rent in Caballo, NM with pricing that ranges from $640 to $2,800. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Caballo ranging from $1,195 to $2,500.
What is the current price range for Rental Homes in Caballo?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Caballo ranges from $1,195 to $2,500 with an average monthly rent of $1,625.
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.

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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.

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.