
Cheap Homes for Rent in Placitas, NM from $1,500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Placitas.


1355 Rio Rancho Blvd SE

6501 San Antonio Dr NE

12500 Alps Way NE

624 Hermit Falls Dr SE

4547 Villa Loma Ln NE

3621 Buckaroo Rd NE

7245 Skagway Dr NE

5139 Glenwood Pointe Ln NE
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.
Placitas, NM Local Guide

How much does it cost to rent a home in Placitas?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Placitas 2 Bedroom Homes for Rent | $2,224 | $1,500 | $4,800 |
Placitas 3 Bedroom Homes for Rent | $2,410 | $1,850 | $3,000 |
Placitas 4 Bedroom Homes for Rent | $4,365 | $1,900 | $10,000+ |
Placitas 5 Bedroom Homes for Rent | $15,000 | $10,000 | $10,000+ |
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Placitas, NM Local Guide
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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. 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 Placitas apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Felician Villa I - Senior 55+ | One Bedroom | 1BR,1BA | $929 |
Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $936 |
The Panorama | Studio A | Studio,1BA | $970 |
Best Value Apartments for Rent in Placitas, NM and Nearby
As of April 24, 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 3 x 3.5 (2-car Gar) Model at Terra at Enchanted Hills starting at $2,400 with a $1.45 price per square foot in the Encantado del Norte Heritage Series neighborhood. Here is today’s list of the best values for Placitas apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Horizon Village Rental Homes | 3x2 (Medium) | 3BR,2BA | $1.66 |
Terra at Enchanted Hills | 3 x 3.5 (2-car Gar) | 3BR,3.5BA | $1.45 |
Mesa Del Oso | 2 Bed 2 Bath B | 2BR,2BA | $1.66 |
Arterra | Avari | 2BR,2BA | $1.50 |
Las Kivas Apartments | Abo | 2BR,1BA | $1.55 |
Canoan Village | C1 Renovated | 2BR,2BA | $1.65 |
Vista Del Sol Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.62 |
Tesoro on Spain | A1 | 1BR,1BA | $1.52 |
Felician Villa I - Senior 55+ | One Bedroom | 1BR,1BA | $1.44 |
Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1.61 |
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Frequently Asked Questions about Placitas
What type of rentals are currently available in Placitas?
There are currently 38 Apartments for Rent in Placitas, NM with pricing that ranges from $929 to $4,555. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Placitas ranging from $1,500 to $15,000.
What is the current price range for Rental Homes in Placitas?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Placitas ranges from $1,500 to $15,000 with an average monthly rent of $5,999.
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.