
Cheap Homes for Rent in Santa Teresa, NM from $600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Santa Teresa.


6389 Salas Ln

108 Goldens Sands

108 Golden Sand Dr

5810 Durrill St

5811 Laurensito St
Santa Teresa, NM Local Guide

How much does it cost to rent a home in Santa Teresa?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Santa Teresa 2 Bedroom Homes for Rent | $1,433 | $1,250 | $1,800 |
Santa Teresa 3 Bedroom Homes for Rent | $1,985 | $1,700 | $3,500 |
Santa Teresa 4 Bedroom Homes for Rent | $2,295 | $1,995 | $3,500 |
Browse Top Homes for Rent in Santa Teresa
Explore Santa Teresa
Santa Teresa, NM Local Guide
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Cheapest Available Santa Teresa Apartments for Rent and Nearby
 The cheapest available apartment rental in Santa Teresa, NM is a 2 Beds unit found at El Pavon Apartments in the Coronado neighborhood priced from $799. The Bartlett Apartment Homes in the Coronado neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $818. Here is today’s list of the most affordable Santa Teresa apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
El Pavon Apartments | Casita | 2BR,1BA | $799 |
The Bartlett Apartment Homes | 1 Bedroom | 1BR,1BA | $818 |
Crossroads Valley Apartments | 2-1 ADA | 2BR,1BA | $825 |
Best Value Apartments for Rent in Santa Teresa, NM and Nearby
As of March 26, 2025 the best value apartment in the Santa Teresa area is the $0.83 price per square foot A-549 Model at Belvidere Village Duplexes in the in the Coronado neighborhood starting from $1,775. The second greatest value Santa Teresa apartment is the 2 Bed 2 Bath Model at Villas at West Mountain starting at $914 with a $0.91 price per square foot in the Coronado neighborhood. Here is today’s list of the best values for Santa Teresa apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Belvidere Village Duplexes | A-549 | 3BR,2.5BA | $0.83 |
Villas at West Mountain | 2 Bed 2 Bath | 2BR,2BA | $0.91 |
El Pavon Apartments | Casita | 2BR,1BA | $0.89 |
Vista Oeste | 2 Bedroom 1 Bath | 2BR,1BA | $1.12 |
Desert Pointe | 1 Bedroom | 1BR,1BA | $1.00 |
Casa Barranca | 2x1.5 - 779 | 2BR,1.5BA | $1.19 |
Indian Springs Apartments | A3 | 1BR,1BA | $1.19 |
The Bartlett Apartment Homes | 1 Bedroom | 1BR,1BA | $1.29 |
Waterford Apartments | 1/1 | 1BR,1BA | $1.29 |
Crossroads Valley Apartments | 2-1 ADA | 2BR,1BA | $1.21 |
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Frequently Asked Questions about Santa Teresa
What type of rentals are currently available in Santa Teresa?
There are currently 33 Apartments for Rent in Santa Teresa, NM with pricing that ranges from $508 to $2,415. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Santa Teresa ranging from $685 to $3,500.
What is the current price range for Rental Homes in Santa Teresa?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Santa Teresa ranges from $685 to $3,500 with an average monthly rent of $1,607.
How much are larger Three and Four Bedroom Rentals in Santa Teresa?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Santa Teresa range from $733 to $2,415, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $828.
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.