Cheap Apartments for Rent in Las Vegas, NM from $500 (18 Rentals)

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Explore the Best Cheap Apartments in Las Vegas for Renters Looking for a Great Deal on Lower Cost Rent for the Area.

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Gallinas Valley
from $6701 to 3 Bedroom Apartments

Gallinas Valley

2612 7th StLas Vegas, NM 87701
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Las Vegas Apartments
from $7452 to 3 Bedroom Apartments

Las Vegas Apartments

2505 Collins DrLas Vegas, NM 87701
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North Star Apartments
from $9001 to 3 Bedroom Apartments

North Star Apartments

333 Chico DrLas Vegas, NM 87701
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Las Lomas
Rent Specials
from $1,3002 to 3 Bedroom Apartments

Las Lomas

600 Santa Cruz RdEspanola, NM 87532
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Las Vegas, NM Local Guide

Cheapest Available Las Vegas Apartments for Rent and Nearby

 

The cheapest available apartment rental in Las Vegas, NM is a 1 Bed unit found at Copper Hills in the Foothills neighborhood priced from $889. Tres Santos in the Arroyo Chamiso neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $959. Here is today’s list of the most affordable Las Vegas apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Copper Hills1x11BR,1BA$889
Tres SantosOne Bedroom1BR,1BA$959
EvergreenOne Bedroom1BR,1BA$1,040
Elevate at OsloStudio - 325Studio,1BA$1,095
Bluffs 55+ Income RestrictedOne Bedroom1BR,1BA$1,099

Best Value Apartments for Rent in Las Vegas, NM and Nearby

As of January 06, 2025 the best value apartment in the Las Vegas area is the $1.79 price per square foot 2x2-1035-Full Renovation Model at La Ventana in the in the Foothills neighborhood starting from $1,855. The second greatest value Las Vegas apartment is the 2x2 Model at Casa Loma Apartments starting at $1,925 with a $1.88 price per square foot in the Arroyo Chamiso neighborhood. Here is today’s list of the best values for Las Vegas apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
La Ventana2x2-1035-Full Renovation2BR,2BA$1.79
Casa Loma Apartments2x22BR,2BA$1.88
Local 18962x1AR1T2 - 2X1 Renovated2BR,1BA$1.82
Canyon Walk Income RestrictedOne Bedroom1BR,1BA$1.27
Vista Linda2 Bedroom | 1 Bath2BR,1BA$1.92
The MicaThe Pines1BR,1BA$1.93
Tres SantosTwo Bedroom2BR,1BA$1.37
Copper Hills1x11BR,1BA$1.27
EvergreenOne Bedroom1BR,1BA$1.54
Bluffs 55+ Income RestrictedOne Bedroom1BR,1BA$1.65

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

Explore Las Vegas, NM Rentals by Map

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Getting Around Las Vegas, NM

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

55 / 100

Bikeable

Some bike infrastructure

Frequently Asked Questions about Cheap Las Vegas Apartments

What is the Cheapest Studio apartment in Las Vegas?

Currently the most affordable Cheap Studio Apartment in Las Vegas is at Elevate at Oslo listed at $1,095.

How much is rent for a Cheap One Bedroom Las Vegas Apartment?

The lowest price for a Cheap One Bedroom Las Vegas Apartment is $889 at Copper Hills.

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

Today's best deal for a Cheap Two Bedroom Apartment in Las Vegas is starting from $1,063 at Copper Hills.

What is the most affordable Las Vegas Three Bedroom Apartment?

The best deal on a cheap Las Vegas Three Bedroom Apartment rental is at Canyon Walk Income Restricted and starts from $1,574.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.