Cheap Apartments for Rent in Santa Cruz, NM from $600 (16 Rentals)

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

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

close
View Me
18461 B US-84
$1,0001 Bedroom, 1 Bath RentalsAvailable Now

18461 B US-84

Espanola, NM 87532
View Details
close
View Me
Las Lomas
2 to 3 Bedroom Apartments

Las Lomas

600 Santa Cruz RdEspanola, NM 87532

Santa Cruz, NM Local Guide

Cheapest Available Santa Cruz Apartments for Rent and Nearby

 

The cheapest available apartment rental in Santa Cruz, NM is a 1 Bed unit found at Casa de Encantada in the Encantado del Norte Heritage Series neighborhood priced from $936. Santa Fe Suites in the Arroyo Chamiso neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here is today’s list of the most affordable Santa Cruz apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Casa de EncantadaOne Bedroom1BR,1BA$936
Santa Fe SuitesStudioStudio,1BA$950
EvergreenOne Bedroom1BR,1BA$1,040
Vista Alegre ApartmentsStudio, 1 BathStudio,1BA$1,061
Elevate at OsloStudio - 325Studio,1BA$1,095

Best Value Apartments for Rent in Santa Cruz, NM and Nearby

As of February 14, 2025 the best value apartment in the Santa Cruz area is the $1.84 price per square foot 4 Bedroom 2 Bath Townhome Model at Bluffs at Tierra Contenta in the in the Tiempo Lindo neighborhood starting from $2,420. The second greatest value Santa Cruz apartment is the 2 X 2.5 (2-Car Gar) Model at Terra at Enchanted Hills starting at $2,000 with a $1.64 price per square foot in the Encantado del Norte Heritage Series neighborhood. Here is today’s list of the best values for Santa Cruz apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Bluffs at Tierra Contenta4 Bedroom 2 Bath Townhome4BR,2BA$1.84
Terra at Enchanted Hills2 X 2.5 (2-Car Gar)2BR,2.5BA$1.64
Casa Loma Apartments2x1.52BR,1.5BA$1.87
Canyon Walk Income RestrictedOne Bedroom1BR,1BA$1.27
Enchanted HillsDiego2BR,1BA$1.71
The MicaThe Pines1BR,1BA$1.65
Local 18961x1ArT1 - 1X1 Renovated1BR,1BA$1.91
EvergreenOne Bedroom1BR,1BA$1.54
Bluffs 55+ Income RestrictedOne Bedroom1BR,1BA$1.65
Casa de EncantadaOne 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 Santa Cruz, NM Rentals by Map

View MapSanta Cruz, NM Apartments MapView MapSanta Cruz, NM Rental Homes Map

Frequently Asked Questions about Cheap Santa Cruz Apartments

What is the Cheapest Studio apartment in Santa Cruz?

Currently the most affordable Cheap Studio Apartment in Santa Cruz is at Santa Fe Suites listed at $950.

How much is rent for a Cheap One Bedroom Santa Cruz Apartment?

The lowest price for a Cheap One Bedroom Santa Cruz Apartment is $936 at Casa de Encantada.

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

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

What is the most affordable Santa Cruz Three Bedroom Apartment?

The best deal on a cheap Santa Cruz 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 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 Navigating the World of Low-Income Housing: A Comprehensive Guide article

Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

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.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.