
Cheap Homes for Rent in Pep, NM from $400 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Pep.


1402 S Avenue J

1103 N Boston Ave

1404 S Avenue J

1001 Pile St

1117 W University Dr

1204 Gidding St

308 E 12th St

1020 W 3rd St

1304 Sheldon St

506 E 1st St

2116 Gladstone St

417 1/2 S Avenue A

1109 Davis St

900 E Danube St

1525 N Reid St
Pep, NM Local Guide

How much does it cost to rent a home in Pep?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Pep 2 Bedroom Homes for Rent | $902 | $685 | $1,200 |
Pep 3 Bedroom Homes for Rent | $1,263 | $725 | $1,800 |
Pep 4 Bedroom Homes for Rent | $1,100 | $1,100 | $1,100 |
Browse Top Homes for Rent in Pep
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Pep, NM Local Guide
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Cheapest Available Pep Apartments for Rent and Nearby
 The cheapest available apartment rental in Pep, NM is a 1 Bed unit found at Roselawn Manor priced from $422. University Square 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 Pep apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Roselawn Manor | One Bedroom | 1BR,1BA | $422 |
University Square | One Bedroom | 1BR,1BA | $650 |
Sierra Vista Village | 1B/1B Flat | 1BR,1BA | $650 |
Mirador Apartments | 1 BEDROOM | 1BR,1BA | $700 |
Pueblo Chamisa | Lea - One Bedroom | 1BR,1BA | $720 |
Best Value Apartments for Rent in Pep, NM and Nearby
As of April 15, 2025 the best value apartment in the Pep area is the $1.02 price per square foot 3 Bed, 2 Bath Model at Villas of Briar Ridge in the starting from $1,215. The second greatest value Pep apartment is the Unfurnished Model at Summerwind Terrace Townhomes starting at $1,245 with a $1.13 price per square foot . Here is today’s list of the best values for Pep apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Villas of Briar Ridge | 3 Bed, 2 Bath | 3BR,1.5BA | $1.02 |
Summerwind Terrace Townhomes | Unfurnished | 2BR,1.5BA | $1.13 |
2100 Fred Daugherty Ave | 2100 Fred Daughtery B | 2BR,2BA | $0.91 |
Christa Lee Manor Apartments | Two Bedroom Large | 2BR,2BA | $0.90 |
Townsgate Apartments | 125 Townsgate E | 2BR,1BA | $1.05 |
Gidding Apartments | 3401 Gidding | 2BR,1BA | $1.06 |
EMLI Artesia: Income Qualify Today | One Bedroom - 60% Tax Credit | 1BR,1BA | $1.28 |
Pueblo Chamisa | Lea - One Bedroom | 1BR,1BA | $1.19 |
Roselawn Manor | One Bedroom | 1BR,1BA | $0.72 |
University Square | One Bedroom | 1BR,1BA | $1.12 |
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Frequently Asked Questions about Pep
What type of rentals are currently available in Pep?
There are currently 40 Apartments for Rent in Pep, NM with pricing that ranges from $495 to $4,915. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pep ranging from $425 to $1,800.
What is the current price range for Rental Homes in Pep?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Pep ranges from $425 to $1,800 with an average monthly rent of $957.
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.