Apartment Building

Las Cruces, NM Apartment Buildings for Lease

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Six-Unit Apartment Building
Updated: Nov 18, 2025
Six-Unit Apartment Building

506 E May Avenue, Las Cruces, NM 88001

$600,000/Mo
0.39 AC lot
Six residential units: one 3‑bedroom unit and five 1‑bedroom, 1‑bath apartments
0.39‑acre property at 506 E May Avenue, Las Cruces
Remodeled apartment improvements with stucco construction
Forced‑air heating and evaporative cooling
Ceramic tile and carpet flooring
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1 active listing matches your search: Apartment Building for lease in Las Cruces, NM. Based on your search, we've also compiled 9 Potential Opportunities for your consideration: 4 spaces in nearby cities and 5 properties for sale.

Apartment buildings for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Mixed-Use Development with Retail
Mixed-Use Development with Retail

3512 South Hawes Road, Mesa, AZ 85212

Triple net (NNN)
Contact for pricing

Mixed-use property with 386 multifamily units and integrated retail and commercial space within a planned amenity environment.

Pickleball courts  Dog park  Open spaces
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Mixed-Use Apartment Building with Retail
Mixed-Use Apartment Building with Retail

21740 S Ellsworth Rd, Queen Creek, AZ 85142

Contact for pricing
7,850 sqft  10 acres

Fully integrated 10-acre development with 206 Class A multi-family units plus retail, restaurants, and office space.

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Mixed-Use Development with Retail Dining
Mixed-Use Development with Retail Dining

21740 S Ellsworth Rd, Queen Creek, AZ 85142

Contact for pricing
11,750 sqft
Road access

Integrated development includes luxury multifamily units plus retail, restaurants, and office space.

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Mixed-Use Apartment Community
Mixed-Use Apartment Community

127 W Pepper Pl, Mesa, AZ 85201

Gross
Contact for pricing
1,290 sqft

Solar-powered residences within a 102-home community that includes retail space in Downtown Mesa.

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Similar Spaces for Sale in Las Cruces, NM

Consider Similar Space for Sale. We found 5 Spaces matching your search parameters.

21-Unit Apartment Compound
21-Unit Apartment Compound

2510/2530 S Espina St, Las Cruces, NM 88001

$1,700,000
63,162 sqft 1.44 AC lot

A mix of studio and larger apartments is arranged around landscaped courtyards on R-3-zoned land.

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60-Unit Apartment Development
60-Unit Apartment Development

3609 Del Rey Blvd, Las Cruces, NM 88012

$2,300,000
67,560 sqft 2.90 AC lot

Permitted construction is active, with engineering complete and substantial site work already finished.

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60-Unit Apartment Development
60-Unit Apartment Development

3069 Del Rey Boulevard, Las Cruces, NM 88012

Contact for pricing
67,560 sqft

Multifamily development with completed engineering and substantially advanced site work.

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21-Unit Apartment Property
21-Unit Apartment Property

2510 & 2530 S Espina Street, Las Cruces, NM 88001

Contact for pricing
1.44 AC lot

Studios and larger units feature hardwood floors, plaster walls, and landscaped courtyards.

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12-Unit Condominium Apartment Building
12-Unit Condominium Apartment Building

820 Mormon Place, Las Cruces, NM 88011

$1,550,000

For sale 12 well-maintained 2-bedroom, 1.5-bath condominiums with resident and guest parking.

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Las Cruces, NM Apartment buildings Lease Rates & Market Statistics

Explore 1 Apartment buildings listing for lease in Las Cruces, NM on Realmo, a commercial real estate exchange covering the Las Cruces area.

Apartment buildings lease rates in Las Cruces range from $600,000/Mo at the entry level to $600,000/Mo at the top of the market, averaging $600,000/Mo. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings.

Las Cruces accounts for 100% of the 1 apartment buildings listing currently available across Dona Ana County. Apartment buildings are one of the more limited space types in Las Cruces, with just 1 listing currently available — a scarcity worth factoring into lease negotiations.

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