404 E Bland St
RoswellNM88203
Cheap Homes for Rent in Lake Arthur, NM from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Arthur.
1605 N Delaware Ave
RoswellNM88201
1726 N Delaware Ave
RoswellNM88201
309 N Halagueno St
CarlsbadNM88220
808 W Cannon Ave
ArtesiaNM88210
69 Powell Pl
RoswellNM88203
1002 N 7th St
ArtesiaNM88210
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.
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Lake Arthur, NM Local Guide
A Nightly Watering by Patrick Wright is licensed under CC BY 2.0
How much does it cost to rent a home in Lake Arthur?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Arthur 2 Bedroom Homes for Rent | $1,461 | $800 | $2,600 |
| Lake Arthur 3 Bedroom Homes for Rent | $2,434 | $1,150 | $4,650 |
Browse Top Homes for Rent in Lake Arthur
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Lake Arthur, NM Local Guide
- Nearby Cities
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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 April 22, 2025 the best value apartment in the Lake Arthur area is the $0.90 price per square foot Two Bedroom Large Model at Christa Lee Manor Apartments in the starting from $849. 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. |
|---|---|---|---|
| Christa Lee Manor Apartments | Two Bedroom Large | 2BR,2BA | $0.90 |
| EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $1.28 |
| 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 |
| Saddlecreek Apartments | Juniper | 1BR,1BA | $1.42 |
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Frequently Asked Questions about Lake Arthur
What type of rentals are currently available in Lake Arthur?
There are currently 26 Apartments for Rent in Lake Arthur, NM with pricing that ranges from $500 to $2,378. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Arthur ranging from $800 to $4,650.
What is the current price range for Rental Homes in Lake Arthur?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Arthur ranges from $800 to $4,650 with an average monthly rent of $1,698.
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.