
Cheap Homes for Rent in Cleveland, NM from $1,500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Cleveland.


941 Calle Mejia
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.

202 Lower San Pedro Rd

211 Railroad Ave
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.

13 Calle Silva

228 Tesuque Village 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.

1012 Marquez Pl

1333a Hickox St
Cleveland, NM Local Guide

How much does it cost to rent a home in Cleveland?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cleveland 2 Bedroom Homes for Rent | $2,747 | $1,500 | $4,000 |
Cleveland 3 Bedroom Homes for Rent | $3,534 | $1,800 | $4,600 |
Cleveland 4 Bedroom Homes for Rent | $4,050 | $3,500 | $4,600 |
Browse Top Homes for Rent in Cleveland
Explore Cleveland
Cleveland, NM Local Guide
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Cheapest Available Cleveland Apartments for Rent and Nearby
 The cheapest available apartment rental in Cleveland, NM is a Studio unit found at Santa Fe Suites in the Arroyo Chamiso neighborhood priced from $950. Sierra Blanca Apartments in the Arroyo Chamiso neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,100. Here is today’s list of the most affordable Cleveland apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Santa Fe Suites | Studio | Studio,1BA | $950 |
Sierra Blanca Apartments | Studio | Studio,1BA | $1,100 |
Canyon Walk Income Restricted | One Bedroom | 1BR,1BA | $1,135 |
Best Value Apartments for Rent in Cleveland, NM and Nearby
As of May 10, 2025 the best value apartment in the Cleveland 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 Cleveland apartment is the 3x2-1210-Upgraded Model at La Ventana starting at $2,124 with a $1.76 price per square foot in the Foothills neighborhood. Here is today’s list of the best values for Cleveland 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 |
La Ventana | 3x2-1210-Upgraded | 3BR,2BA | $1.76 |
Talavera Apartment Homes | Chamisa | 3BR,2BA | $1.96 |
Canyon Walk Income Restricted | One Bedroom | 1BR,1BA | $1.27 |
The Mica | The Pines | 1BR,1BA | $1.91 |
Altezza High Desert | Togano | 1BR,1BA | $1.90 |
Casa Loma Apartments | 1x1 | 1BR,1BA | $2.12 |
Allaso High Desert | A1m1 | 1BR,1BA | $2.15 |
La Mirage Apartment Homes | Jemez | 1BR,1BA | $1.78 |
Soleras Station | One Bedroom | 1BR,1BA | $2.08 |
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 Cleveland
What type of rentals are currently available in Cleveland?
There are currently 33 Apartments for Rent in Cleveland, NM with pricing that ranges from $950 to $4,505. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cleveland ranging from $1,500 to $4,600.
What is the current price range for Rental Homes in Cleveland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cleveland ranges from $1,500 to $4,600 with an average monthly rent of $2,976.
How much are larger Three and Four Bedroom Rentals in Cleveland?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Cleveland range from $1,574 to $4,505, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $4,600. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $2,420.
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.

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.

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.

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.

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.