Cheap Apartments for Rent in Tererro, NM from $900 (17 Rentals)

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

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Tererro, NM Local Guide

Cheapest Available Tererro Apartments for Rent and Nearby

 

The cheapest available apartment rental in Tererro, NM is a Studio unit found at Santa Fe Suites in the Arroyo Chamiso neighborhood priced from $900. 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 Tererro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Santa Fe SuitesStudioStudio,1BA$900
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$936
Sierra Blanca ApartmentsStudioStudio,1BA$1,100
Canyon Walk Income RestrictedOne Bedroom1BR,1BA$1,135
Elevate at OsloStudio - 325Studio,1BA$1,225

Best Value Apartments for Rent in Tererro, NM and Nearby

As of April 18, 2025 the best value apartment in the Tererro 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 Tererro apartment is the 2 X 2.5 (2-Car Gar) Model at Terra at Enchanted Hills starting at $2,075 with a $1.70 price per square foot in the Encantado del Norte Heritage Series neighborhood. Here is today’s list of the best values for Tererro 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$1.70
Canyon Walk Income RestrictedOne Bedroom1BR,1BA$1.27
The MicaThe Pines1BR,1BA$2.04
Altezza High DesertTogano1BR,1BA$2.06
Soleras StationOne Bedroom1BR,1BA$2.08
Vista Linda1 Bedroom | 1 Bath1BR,1BA$2.07
The OrchardsOne Bedroom1BR,1BA$2.09
Talavera Apartment HomesSequoia1BR,1BA$2.11
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$1.61

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Frequently Asked Questions about Cheap Tererro Apartments

What is the Cheapest Studio apartment in Tererro?

Currently the most affordable Cheap Studio Apartment in Tererro is at Santa Fe Suites listed at $900.

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

The lowest price for a Cheap One Bedroom Tererro Apartment is $936 at Casa de Encantada Senior Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Tererro is starting from $1,362 at Canyon Walk Income Restricted.

What is the most affordable Tererro Three Bedroom Apartment?

The best deal on a cheap Tererro 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.

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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.

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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.

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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.

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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.