Cheap Apartments for Rent in Placitas, NM from $700 (19 Rentals)

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Cheap Apartments in Placitas.

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Sandia Vista
2 Bedroom Apartments

Sandia Vista

492 Camino Don Tomas SBernalillo, NM 87004
  • Utilities Included

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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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Placitas, NM Local Guide

Cheapest Available Placitas Apartments for Rent and Nearby

 

The cheapest available apartment rental in Placitas, NM is a 1 Bed unit found at Felician Villa I - Senior 55+ in the Sunrise Village at Northern Meadows neighborhood priced from $929. The Panorama in the Sunrise Village at Northern Meadows neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $970. Here is today’s list of the most affordable Placitas apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Felician Villa I - Senior 55+One Bedroom1BR,1BA$929
The PanoramaStudio AStudio,1BA$970
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$993
Blue Agave VillasThe Grove1BR,1BA$995
Tesoro on SpainA21BR,1BA$1,130

Best Value Apartments for Rent in Placitas, NM and Nearby

As of May 03, 2025 the best value apartment in the Placitas area is the $1.66 price per square foot 3x2 (Medium) Model at Horizon Village Rental Homes in the in the La Cienega del Norte neighborhood starting from $2,875. The second greatest value Placitas apartment is the Abo Model at Las Kivas Apartments starting at $1,635 with a $1.55 price per square foot in the Foothills neighborhood. Here is today’s list of the best values for Placitas apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Horizon Village Rental Homes3x2 (Medium)3BR,2BA$1.66
Las Kivas ApartmentsAbo2BR,1BA$1.55
Mesa Del Oso2 Bed 1 Bath2BR,1BA$1.76
Vista Del Sol Apartments2 Bed 2 Bath2BR,2BA$1.62
Canoan VillageC1 Renovated2BR,2BA$1.65
ArterraVadara1BR,1BA$1.68
Allaso Journal CenterA21BR,1BA$1.78
Tesoro on SpainA21BR,1BA$1.49
Felician Villa I - Senior 55+One Bedroom1BR,1BA$1.44
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$1.71

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Pet Friendly Lifestyle
Placitas, NM

Ranked #24

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore Placitas, NM Rentals by Map

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See the most popular apartments and homes in Placitas, NM

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Getting Around Placitas, NM

Walk Score®

10 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

13 / 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 Placitas Apartments

What is the Cheapest Studio apartment in Placitas?

Currently the most affordable Cheap Studio Apartment in Placitas is at The Panorama listed at $970.

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

The lowest price for a Cheap One Bedroom Placitas Apartment is $929 at Felician Villa I - Senior 55+.

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

Today's best deal for a Cheap Two Bedroom Apartment in Placitas is starting from $1,104 at Felician Villa I - Senior 55+.

What is the most affordable Placitas Three Bedroom Apartment?

The best deal on a cheap Placitas Three Bedroom Apartment rental is at Ottavo and starts from $1,918.

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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.

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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.