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Cheap Apartments for Rent in Santa Teresa NM - 45 Rentals

Waterford Apartments

1210 Country Club Rd, Santa Teresa, NM 88008
1 / 28

Matterport 3D Tours
$715 - $1,250

Studio - 2 Beds, 1-2 Baths

Specials
Desert Pointe

12 N Country Club Rd, Santa Teresa, NM 88008
1 / 24

Matterport 3D Tours
$850 - $1,450

1-2 Beds, 1-2 Baths
Santa Teresa Terrace

105 Comerciantes Blvd, Santa Teresa, NM 88008
1 / 34

Matterport 3D Tours
$993 - $1,738

2-3 Beds

Pets Allowed Pool Dishwasher Refrigerator Kitchen In Unit Washer & Dryer
132 Apache Brave St

132 Apache Brave St, Santa Teresa, NM 88008
1 / 5
$1,000

1 Bed, 1 Bath
5814 Bywood St

5814 Bywood St, Santa Teresa, NM 88008
1 / 5
$1,650

3 Beds, 2 Baths
5892 Megan St

5892 Megan St, Santa Teresa, NM 88008
1 / 5
$1,750

3 Beds, 2.5 Baths
108 Bernice Pl

108 Bernice Pl, Santa Teresa, NM 88008
1 / 5
$1,800

4 Beds, 3 Baths
187 Red Legs Ct

187 Red Legs Ct, Santa Teresa, NM 88008
1 / 5
$1,950

3 Beds, 2.5 Baths
871 Maple Park Ave

871 Maple Park Ave, Santa Teresa, NM 88008
1 / 5
$1,950

4 Beds, 2.5 Baths
115 Buckskin Loop

115 Buckskin Loop, Santa Teresa, NM 88008
1 / 20
$2,000

3 Beds, 2 Baths
889 Blue Park Ave

889 Blue Park Ave, Santa Teresa, NM 88008
1 / 5
$2,100

4 Beds, 2.5 Baths
1122 Gallium Ave

1122 Gallium Ave, Santa Teresa, NM 88008
1 / 5
$2,150

4 Beds, 3 Baths
657 La Entrada Cir

657 La Entrada Cir, Santa Teresa, NM 88008
1 / 5
$2,400

4 Beds, 2 Baths
645 La Entrada Cir

645 La Entrada Cir, Santa Teresa, NM 88008
1 / 5
$2,600

5 Beds, 3 Baths
645 La Entrada Cir

645 La Entrada Cir, Santa Teresa, NM 88008
1 / 5
$2,600

5 Beds, 3 Baths

New Mexico Dona Ana County Santa Teresa

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Santa Teresa, NM Cheap Apartments for Rent

Whether you're on a budget or just looking to save, there are plenty of ways to find cheap apartments in Santa Teresa. Start by defining your list of apartment “must-haves.” What features can you not live without? If you want to live within walking distance to your favorite downtown locations, you may find that a smaller apartment of fewer amenities are a fair trade-off. Rent prices in Santa Teresa tend to be higher near the city center. For better deals, explore neighborhoods farther out where rents can be lower and apartment sizes may be larger. Look for areas with a higher number of available rental units — landlords with more vacancies are often more willing to offer incentives like lower rent or flexible lease terms. Keep an eye on listings for budget-friendly apartments that meet your core needs while offering a reasonable commute and access to the amenities you want.

Best Time to Find Cheap Apartments in Santa Teresa NM

Timing your apartment search can make a big difference in securing a great deal. Apartments are typically more affordable during the winter months — December through March — when demand is lower. During this off-season, landlords may offer reduced rent, waived fees, or other specials to fill units quickly. Another smart time to search is at the end of the month, when lease turnover peaks and more units become available. Being flexible with your move-in timing could help you land a better price. Cheap apartments in Santa Teresa tend to go fast. Keep an eye on timing, neighborhood options, and special deals to score the best rental price.