Cheap Apartments for Rent in Lake Arthur, NM from $400 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Arthur.

Sierra Vista Village

Christa Lee Manor Apartments

Pueblo Chamisa

600 S Pennsylvania Ave

Mesa Verde - FREE Utilities

501-A W 4th St
Lake Arthur, NM Local Guide

How much does it cost to rent an apartment in Lake Arthur?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Arthur Studio Apartments | $1,400 | $1,400 | $1,400 |
Lake Arthur 1 Bedroom Apartments | $1,010 | $548 | $1,370 |
Lake Arthur 2 Bedroom Apartments | $1,310 | $500 | $2,240 |
Lake Arthur 3 Bedroom Apartments | $1,444 | $574 | $1,970 |
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Lake Arthur, NM Local Guide
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Cheapest Available Lake Arthur Apartments for Rent and Nearby
 The cheapest available apartment rental in Lake Arthur, NM is a 1 Bed unit found at Roselawn Manor priced from $422. Sierra Vista Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Lake Arthur apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Roselawn Manor | One Bedroom | 1BR,1BA | $422 |
Sierra Vista Village | 1B/1B Flat | 1BR,1BA | $650 |
Mirador Apartments | 1 BEDROOM | 1BR,1BA | $700 |
Best Value Apartments for Rent in Lake Arthur, NM and Nearby
As of March 27, 2025 the best value apartment in the Lake Arthur area is the $1.33 price per square foot Two Bedroom, Two Bath Model at Lovington Trails in the starting from $1,325. The second greatest value Lake Arthur apartment is the One Bedroom - 60% Tax Credit Model at EMLI Artesia: Income Qualify Today starting at $987 with a $1.28 price per square foot . Here is today’s list of the best values for Lake Arthur apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Lovington Trails | Two Bedroom, Two Bath | 2BR,2BA | $1.33 |
EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $1.28 |
Christa Lee Manor Apartments | Two Bedroom Small | 2BR,1BA | $1.07 |
Vista del Sol | One Bedroom | 1BR,1BA | $1.53 |
Yucca Flats Apartments | One Bedroom | 1BR,1BA | $1.43 |
Eagle Creek - FREE Utilities | One Bedroom | 1BR,1BA | $1.54 |
Pueblo Chamisa | Lea - One Bedroom | 1BR,1BA | $1.19 |
Sierra Vista Village | 2B/1B | 1BR,1BA | $1.42 |
Roselawn Manor | One Bedroom | 1BR,1BA | $0.72 |
Mesa Verde - FREE Utilities | One Bedroom | 1BR,1BA | $1.37 |
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Getting Around Lake Arthur, NM
Walk Score®
2 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
35 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lake Arthur Apartments
How much is rent for a Cheap One Bedroom Lake Arthur Apartment?
The lowest price for a Cheap One Bedroom Lake Arthur Apartment is $422 at Roselawn Manor.
What is the lowest price for a Cheap Two Bedroom Lake Arthur Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Arthur is starting from $500 at Roselawn Manor.
What is the most affordable Lake Arthur Three Bedroom Apartment?
The best deal on a cheap Lake Arthur Three Bedroom Apartment rental is at Mesa Verde - FREE Utilities and starts from $1,100.
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.