
Cheap Homes for Rent in Cerro, NM from $600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Cerro.


521 E 7th St

204 Edison Ave

601 E Main St

18461 B US-84

507 Murphy Dr

404 College St
Cerro, NM Local Guide

How much does it cost to rent a home in Cerro?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cerro 2 Bedroom Homes for Rent | $1,937 | $995 | $4,200 |
Cerro 3 Bedroom Homes for Rent | $1,827 | $1,175 | $3,900 |
Cerro 5 Bedroom Homes for Rent | $1,650 | $1,500 | $1,800 |
Browse Top Homes for Rent in Cerro
Explore Cerro
Cerro, NM Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Cerro Apartments for Rent and Nearby
 The cheapest available apartment rental in Cerro, NM is a 1 Bed unit found at 4490 Bent Brothers Blvd priced from $900. Santa Fe Suites in the Arroyo Chamiso neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here is today’s list of the most affordable Cerro apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
4490 Bent Brothers Blvd | 1 Bed, 1 bath | 1BR,1BA | $900 |
Santa Fe Suites | Studio | Studio,1BA | $950 |
Bluffs 55+ Income Restricted | One Bedroom | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in Cerro, NM and Nearby
As of March 25, 2025 the best value apartment in the Cerro area is the $1.84 price per square foot 4 Bedroom 2 Bath Townhome Model at Bluffs at Tierra Contenta in the in the Tiempo Lindo neighborhood starting from $2,420. The second greatest value Cerro apartment is the Three Bedroom Model at Cielo Luxury Living Apartments starting at $2,758 with a $2.19 price per square foot in the Pueblos Del Sol neighborhood. Here is today’s list of the best values for Cerro apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Bluffs at Tierra Contenta | 4 Bedroom 2 Bath Townhome | 4BR,2BA | $1.84 |
Cielo Luxury Living Apartments | Three Bedroom | 3BR,2BA | $2.19 |
Canyon Walk Income Restricted | One Bedroom | 1BR,1BA | $1.27 |
The Mica | The Pinon | 2BR,1BA | $2.15 |
Casa Loma Apartments | 1x1 | 1BR,1BA | $2.12 |
Local 1896 | 1x1ArT1 - 1X1 Renovated | 1BR,1BA | $2.00 |
Bluffs 55+ Income Restricted | One Bedroom | 1BR,1BA | $1.65 |
Vizcaya | Carlsbad | 1BR,1BA | $2.20 |
Talavera Apartment Homes | Sequoia | 1BR,1BA | $2.11 |
4490 Bent Brothers Blvd | 1 Bed, 1 bath | 1BR,1BA | $1.50 |
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.
Frequently Asked Questions about Cerro
What type of rentals are currently available in Cerro?
There are currently 35 Apartments for Rent in Cerro, NM with pricing that ranges from $900 to $4,235. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cerro ranging from $695 to $4,200.
What is the current price range for Rental Homes in Cerro?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cerro ranges from $695 to $4,200 with an average monthly rent of $1,490.
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.

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.

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.