
Cheap Homes for Rent in Santa Teresa, NM from $600 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Santa Teresa.


6568 Hoop St

736 Linda Johnson Ave

1060 Hoppas St

1060 Hoppas St

6125 Night Fall Pl

6120 River Park Pl

468 Viale Lungo Ave

7955 Starry Night Dr

141 Esther Trl
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.

6513 Kenmore St

6053 Barrett Allen Ln
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 3 Bedroom Homes for Rent | $2,003 | $697 | $3,500 |
Santa Teresa 4 Bedroom Homes for Rent | $2,562 | $1,850 | $4,500 |
Santa Teresa 5 Bedroom Homes for Rent | $2,435 | $2,435 | $2,435 |
Browse Top Homes for Rent in Santa Teresa
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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 1 Bed unit found at Crossroads Valley Apartments in the Coronado neighborhood priced from $725. Indian Springs Apartments in the Coronado neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $839. Here is today’s list of the most affordable Santa Teresa apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Crossroads Valley Apartments | 1-1 | 1BR,1BA | $725 |
Indian Springs Apartments | A2 | 1BR,1BA | $839 |
El Pavon Apartments | Sienna | 2BR,1BA | $849 |
Desert Pointe | 1 Bedroom | 1BR,1BA | $850 |
Redd Rd Village Apartment | Apartment 1 Bd 1 Ba 2 Reserved Parking | 1BR,1BA | $875 |
Best Value Apartments for Rent in Santa Teresa, NM and Nearby
As of April 28, 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 D Model at The Legends of El Paso starting at $1,545 with a $1.24 price per square foot in the Upper Valley 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 |
The Legends of El Paso | D | 2BR,2BA | $1.24 |
El Pavon Apartments | Sienna | 2BR,1BA | $0.77 |
Indian Springs Apartments | B2 | 2BR,2BA | $1.29 |
Arterra At Alto Rey Apartments | 2BR/1.5BA Townhome | 2BR,1.5BA | $1.19 |
Desert Pointe | 1 Bedroom | 1BR,1BA | $1.00 |
Vista Oeste | 2 Bedroom 1 Bath | 2BR,1BA | $1.12 |
Mesa Village Apartments | The Chaco Canyon | 2BR,1BA | $1.21 |
Colores Del Sol | 1 Bed Loft | 1BR,1.5BA | $1.16 |
Casa Barranca | 2x1.5 - 779 | 2BR,1.5BA | $1.19 |
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Frequently Asked Questions about Santa Teresa
What type of rentals are currently available in Santa Teresa?
There are currently 34 Apartments for Rent in Santa Teresa, NM with pricing that ranges from $508 to $2,415. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Santa Teresa ranging from $697 to $4,500.
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 $697 to $4,500 with an average monthly rent of $2,333.
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 $697 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,850 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.

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.

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.