Cheap Apartments for Rent in Farmington, NM from $500 (13 Rentals)

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Cheap Apartments in Farmington.

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510 N Wall Ave
2 Bedroom Apartments

510 N Wall Ave

510 N Wall AveFarmington, NM 87401
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Eaton Village
2 to 3 Bedroom Apartments

Eaton Village

2550 E 16th StFarmington, NM 87401
  • Utilities Included

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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Ladera Village
2 to 3 Bedroom Apartments

Ladera Village

3500 N Butler AveFarmington, NM 87401
  • Utilities Included
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La Terraza
2 to 3 Bedroom Apartments

La Terraza

900 Cannery CtFarmington, NM 87401

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.

Farmington, NM Local Guide

Cheapest Available Farmington Apartments for Rent and Nearby

 

The cheapest available apartment rental in Farmington, NM is a Studio unit found at River Roost in the Hawks Nest neighborhood priced from $1,335. Red Cliff in the Hawks Nest neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,399. Here is today’s list of the most affordable Farmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
River RoostA2Studio,1BA$1,335
Red CliffA1 Loft1BR,1BA$1,399
Cannery Apartments Farmington NMOne Bedroom1BR,1BA$1,400
Riverbridge Apartments2 bedroom2BR,1BA$1,795
Skyline ApartmentsA11BR,1BA$1,860

Best Value Apartments for Rent in Farmington, NM and Nearby

As of May 04, 2025 the best value apartment in the Farmington area is the $2.41 price per square foot C1 Model at Gauge in the in the Hawks Nest neighborhood starting from $3,195. The second greatest value Farmington apartment is the 736 Main Ave Model at 736 Main Ave, Unit E starting at $2,500 with a $2.94 price per square foot in the Hawks Nest neighborhood. Here is today’s list of the best values for Farmington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
GaugeC13BR,2BA$2.41
736 Main Ave, Unit E736 Main Ave1BR,1BA$2.94
Riverbridge Apartments2 bedroom2BR,1BA$2.33
Rocket PointeA2-Everest1BR,1BA$2.65
Cannery Apartments Farmington NMFURNISHED One Bed, Utilities, Cable, Internet1BR,1BA$2.42
Skyline ApartmentsA11BR,1BA$3.10
Red CliffA1 Renovated1BR,1BA$3.51
River RoostA2Studio ,1BA$4.25

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Farmington, NM Rentals by Map

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Getting Around Farmington, NM

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

18 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Farmington Apartments

What is the Cheapest Studio apartment in Farmington?

Currently the most affordable Cheap Studio Apartment in Farmington is at River Roost listed at $1,335.

How much is rent for a Cheap One Bedroom Farmington Apartment?

The lowest price for a Cheap One Bedroom Farmington Apartment is $1,399 at Red Cliff.

What is the lowest price for a Cheap Two Bedroom Farmington Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Farmington is starting from $1,600 at Cannery Apartments Farmington NM.

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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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.

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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.

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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.