Cheap Apartments for Rent in Alto, NM

4 rentals

Apartments For Rent Near Alto, NM

We found 30 more apartments matching your filters just outside Alto

Average Rent Trends in Alto, NM

Rent in Alto, NM varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Jun 2026 compared to the previous month. Rent previously peaked in Jan 2025.
MonthAverage rent
Jul 2025$1,800
Aug 2025$1,800
Sep 2025$1,750
Oct 2025$2,100
Nov 2025$2,100
Dec 2025$2,100
Jan 2026$2,100
Feb 2026$2,100
Mar 2026$2,100
Apr 2026$1,989
May 2026$2,000
Jun 2026$1,800
View as a graph

Average Rent By Bedroom and Home Type

In June 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types—$1,800$800—$1,800
Townhomes——$800—$800
Apartments and Condos—$1,800——$800
Houses——$3,350—$3,350
See more information about local market trends in Alto, NM

Frequently Asked Questions about Rentals in Alto, NM

  • What is the average rent of an apartment in Alto, NM?
    The average rent of an apartment in Alto, NM is $800 per month. This is about 59% lower than the national average.
  • What is the average rent of a house in Alto, NM?
    The average rent of a house in Alto, NM is $3,350 per month. This is about 72% higher than the national average.
  • What is the average rent of a townhome in Alto, NM?
    The average rent of a townhome in Alto, NM is $800 per month. This is about 59% lower than the national average.
  • When is the average rent cheapest in Alto, NM?
    In the last year, the average rent in Alto, NM was lowest in Sep 2025 when it was $1,750 per month.
  • When is the average rent most expensive in Alto, NM?
    In the last year, the average rent in Alto, NM was highest in Jan 2025 when it was $2,100 per month.
  • How many available rental listings are in Alto, NM?
    There are 3 available rental listings in Alto, NM.
  • What are some cities near Alto, NM?
    Some nearby cities include: Ruidoso, Nogal, Fort Stanton, Ruidoso Downs, Glencoe. These cities may have more rental options to explore.