Cheap Apartments for Rent in Ponderosa, NM from $800 (20 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 Ponderosa.

Showing Results 1-20, Page 1 of 1

Ponderosa, NM Local Guide

Cheapest Available Ponderosa Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ponderosa, NM is a 2 Beds unit found at West Park Apartments in the Northwest Quadrant neighborhood priced from $879. Felician Villa I - Senior 55+ in the Sunrise Village at Northern Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $929. Here is today’s list of the most affordable Ponderosa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
West Park ApartmentsL2AA50WP2BR,1BA$879
Felician Villa I - Senior 55+One Bedroom1BR,1BA$929
Felician Villa II - Senior 55+One Bedroom1BR,1BA$929
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$936
Odyssey Apartmentsa10a1BR,1BA$946

Best Value Apartments for Rent in Ponderosa, NM and Nearby

As of March 09, 2025 the best value apartment in the Ponderosa area is the $1.16 price per square foot 3309 Zia St NE Model at 3309 Zia St NE in the in the Northern Meadows neighborhood starting from $2,065. The second greatest value Ponderosa apartment is the 6721 Mountain Hawk Loop NE Model at 6721 Mountain Hawk Loop NE starting at $2,245 with a $1.27 price per square foot in the Northern Meadows neighborhood. Here is today’s list of the best values for Ponderosa apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3309 Zia St NE3309 Zia St NE3BR,2.5BA$1.16
6721 Mountain Hawk Loop NE6721 Mountain Hawk Loop NE3BR,2BA$1.27
409 Peaceful Meadows Dr NE409 Peaceful Meadows Dr NE4BR,2BA$1.27
6433 Coventry Hills Dr NE6433 Coventry Hills Dr NE4BR,2BA$1.33
909 Puebla Dr909 Puebla Dr3BR,2BA$1.38
Cottonwood Ranch2B SPL: Cypress (Premium)2BR,2BA$1.50
West Park ApartmentsL2AA60WP2BR,1BA$1.14
Canyon Walk Income RestrictedOne Bedroom1BR,1BA$1.27
Felician Villa I - Senior 55+One Bedroom1BR,1BA$1.44
Felician Villa II - Senior 55+One Bedroom1BR,1BA$1.44

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 Ponderosa, NM Rentals by Map

Decorative image of map

See the most popular apartments and homes in Ponderosa, NM

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

Getting Around Ponderosa, NM

Walk Score®

5 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

10 / 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 Ponderosa Apartments

What is the Cheapest Studio apartment in Ponderosa?

Currently the most affordable Cheap Studio Apartment in Ponderosa is at Odyssey Apartments listed at $972.

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

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

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

Today's best deal for a Cheap Two Bedroom Apartment in Ponderosa is starting from $879 at West Park Apartments.

What is the most affordable Ponderosa Three Bedroom Apartment?

The best deal on a cheap Ponderosa Three Bedroom Apartment rental is at West Park Apartments and starts from $1,008.

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 What to Know About Fees and Fines When Renting article

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.

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.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

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.