Cheap Apartments for Rent in Llano, NM from $900 (18 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Llano.

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.

Read Article
Showing Results 1-18, Page 1 of 1

Llano, NM Local Guide

Cheapest Available Llano Apartments for Rent and Nearby

 

The cheapest available apartment rental in Llano, NM is a Studio unit found at Santa Fe Suites in the Arroyo Chamiso neighborhood priced from $900. Casa de Encantada Senior Apartments in the Encantado del Norte Heritage Series neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $936. Here is today’s list of the most affordable Llano apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Santa Fe SuitesStudioStudio,1BA$900
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$936
Sierra Blanca ApartmentsStudioStudio,1BA$1,100
Canyon Walk Income RestrictedOne Bedroom1BR,1BA$1,135
Elevate at OsloStudio - 325Studio,1BA$1,225

Best Value Apartments for Rent in Llano, NM and Nearby

As of April 25, 2025 the best value apartment in the Llano area is the $1.45 price per square foot 3 x 3.5 (2-car Gar) Model at Terra at Enchanted Hills in the in the Encantado del Norte Heritage Series neighborhood starting from $2,400. The second greatest value Llano apartment is the 4 Bedroom 2 Bath Townhome Model at Bluffs at Tierra Contenta starting at $2,420 with a $1.84 price per square foot in the Tiempo Lindo neighborhood. Here is today’s list of the best values for Llano apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Terra at Enchanted Hills3 x 3.5 (2-car Gar)3BR,3.5BA$1.45
Bluffs at Tierra Contenta4 Bedroom 2 Bath Townhome4BR,2BA$1.84
Via Vista Apartment CommunityJade Reno3BR,2BA$1.70
Local 18962x1AR1T2 - 2X1 Renovated2BR,1BA$2.08
Canyon Walk Income RestrictedOne Bedroom1BR,1BA$1.27
The MicaThe Pines1BR,1BA$1.83
Soleras StationOne Bedroom1BR,1BA$2.08
The OrchardsOne Bedroom1BR,1BA$2.09
Blue Agave VillasThe Bandelier1BR,1BA$2.07
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$1.61

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.

decorative image of people with a giant lease agreement

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

Explore Llano, NM Rentals by Map

Decorative image of map

See the most popular apartments and homes in Llano, NM

View MapLlano, NM Apartments MapView MapLlano, NM Rental Homes Map

Frequently Asked Questions about Cheap Llano Apartments

What is the Cheapest Studio apartment in Llano?

Currently the most affordable Cheap Studio Apartment in Llano is at Santa Fe Suites listed at $900.

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

The lowest price for a Cheap One Bedroom Llano Apartment is $936 at Casa de Encantada Senior Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Llano is starting from $1,124 at Casa de Encantada Senior Apartments.

What is the most affordable Llano Three Bedroom Apartment?

The best deal on a cheap Llano 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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Know Your Rights - How Discrimination Laws Impact Landlords and Tenants article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.