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    Las Cruces, NM
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    Las Cruces, NM Residential Income Properties 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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    Three-Bedroom Residential Income Property
    Updated: Sep 30
    Three-Bedroom Residential Income Property

    2925 Valle Vista, Las Cruces, NM 88011

    Contact for pricing
    1,728 sqft
    1,728 square feet with 3 bedrooms and 2 baths
    Built in 1976
    Tile flooring throughout
    Sunroom included
    Oversized detached 2‑car garage
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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    1737/1739 Idaho Avenue, Las Cruces, NM 88001

    Contact for pricing
    1,176 sqft

    Two separate residences include private outdoor areas and recent updates.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 30 Potential Opportunities for your consideration. Besides 3 Active listings in Las Cruces, NM, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 23 Properties for Sales.

    Residential income properties for Lease in Nearby Cities

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

    Furnished Duplex with Carport
    Furnished Duplex with Carport

    201 N I St, Midland, TX 79701

    $1,550/Mo

    Two furnished units offer equipped kitchens, laundry appliances, covered parking, and included utilities under a modified gross lease.

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    Three Tiny Homes on Gated Lot
    Three Tiny Homes on Gated Lot

    2701 S County Rd 135, Midland, TX 79706

    Contact for pricing
    2,700 sqft

    Three tiny home units on a large lot, including two 1-bedroom/1-bath and one 2-bedroom/1-bath.

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    Retail Space in Main Gate
    Retail Space in Main Gate

    916 E Speedway Blvd, Tucson, AZ

    Contact for pricing
    1,323 sqft 1.01 AC lot

    New mixed-use development with retail space in prime location.

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    Furnished Condo with Mountain Views
    Furnished Condo with Mountain Views

    1500 E Pusch Wilderness Drive #7205, Tucson, AZ 85737

    $2,000/Mo
    1,268 sqft

    Furnished 3-bedroom condo in Boulders at La Reserve, Tucson.

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    Similar Spaces for Sale in Las Cruces, NM

    Consider Similar Space for Sale. We found 23 Spaces matching your search parameters.

    Remodeled Brick Quadplex
    Remodeled Brick Quadplex

    1820 Rentfrow Ave, Las Cruces, NM 88001

    $675,000
    3,312 sqft

    Four-unit property with updated interiors, private outdoor areas, and dedicated parking for each apartment.

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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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    Residential Income Property with Pool
    Residential Income Property with Pool

    4049 Canterra Arc, Las Cruces, NM 88011

    $265,000
    1,355 sqft

    Well-maintained condominium with an open living area, community pool, and flexible second-bedroom use.

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    New Construction Fourplex
    New Construction Fourplex

    1323 Mission Nuevo Drive, Las Cruces, NM 88011

    $1,250,000
    0.26 AC lot

    Four matching two-story residences feature garages, private utility metering, modern kitchens, and refrigerated air conditioning.

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    Dual-Suite Residential Income Property
    Dual-Suite Residential Income Property

    3650 Morningstar Drive, Las Cruces, NM 88011

    $269,000
    1,587 sqft

    Updated condo with private balconies, home office, gated-community amenities, and an oversized two-car garage.

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    Two-Bedroom Condo with Garage
    Two-Bedroom Condo with Garage

    4116 Canterra Arc, Las Cruces, NM 88011

    $255,000
    1,355 sqft

    A two-bedroom, two-bathroom residence offers flexible space and the convenience of condominium living.

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    5-Unit Multifamily Property with Solar
    5-Unit Multifamily Property with Solar

    311 Hurt Road, Las Cruces, NM 88007

    $800,000
    2.71 AC lot

    Property includes a duplex, three additional residences, outdoor improvements, and tenant-paid utilities.

    View details
    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    1737 E Idaho Avenue, Las Cruces, NM 88001

    $215,000
    0.16 AC lot

    Two one-bedroom residences on a fenced corner lot with a circular driveway and public utilities.

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    Fenced Residential Land Lot
    Fenced Residential Land Lot

    7125 Fox Road, Las Cruces, NM 88012

    $160,000
    0.95 AC lot

    Nearly one-acre fenced lot with two gated entrances and existing utilities including water, propane, and septic.

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    Eight-Unit Multifamily Property
    Eight-Unit Multifamily Property

    809 W Van Patten Ave, Las Cruces, NM 88005

    $315,000
    5,101 sqft

    Includes apartments, a detached home, and a studio with on-site parking.

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    Three-Bedroom Duplex Property
    Three-Bedroom Duplex Property

    1362 Santa Fe, Las Cruces, NM 88001

    $295,000
    2,172 sqft

    Two residential units offer three bedrooms and two bathrooms each, with tenants responsible for utilities.

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    Two-Unit Duplex
    Two-Unit Duplex

    705 Cactus, Las Cruces, NM 88001

    $295,000
    2,172 sqft

    Each residence includes three bedrooms and two bathrooms, with occupants responsible for all utilities.

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    Two-Unit Brick Duplex
    Two-Unit Brick Duplex

    1029 N Melendres Street, Las Cruces, NM 88005

    $270,000
    0.32 AC lot

    Separate parcels provide distinct two- and three-bedroom layouts with carport parking and evaporative cooling.

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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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    6-Unit Mobile Home Park
    6-Unit Mobile Home Park

    1124 Fort Selden Road, Las Cruces, NM 88007

    $300,000
    0.72 AC lot

    Residential property served by public water and a septic tank, with range and refrigerator appliances included.

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    8-Unit Multifamily Property
    8-Unit Multifamily Property

    809 W Van Patten Avenue, Las Cruces, NM 88005

    $315,000
    0.57 AC lot

    Six rear apartments include a renovated vacancy, while a detached home and studio broaden the property’s unit configuration.

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    Two-Unit Stucco Duplex
    Two-Unit Stucco Duplex

    1362 Santa Fe, Las Cruces, NM 88001

    $295,000
    0.17 AC lot

    Two residential units feature matching three-bedroom, two-bath layouts with tenant-paid utilities.

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    Three-Bedroom Duplex
    Three-Bedroom Duplex

    705 Cactus, Las Cruces, NM 88001

    $295,000
    0.17 AC lot

    Two-unit property with separate residences, public utilities, and included kitchen appliances.

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    Six-Unit Mobile Home Park
    Six-Unit Mobile Home Park

    1124 Fort Selden Road #1-6, Las Cruces, NM 88007

    $300,000

    Mobile home property offering six available units in a private, spacious setting.

    View details
    Downtown Las Cruces Development Opportunity
    Downtown Las Cruces Development Opportunity

    1995 N Solano Dr, Las Cruces, NM 88001

    $75,000
    0.10 AC lot

    Small lot ideal for retail, office, or apartment development.

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    6-Unit Mobile Home Park
    6-Unit Mobile Home Park

    1-6-1124 Fort Selden Rd, Las Cruces, NM 88007

    $300,000

    Multiple units are available within this residential income property.

    View details

    Las Cruces, NM Residential income properties Lease Rates & Market Statistics

    Explore 3 Residential income properties for lease in Las Cruces, NM on Realmo, a commercial real estate exchange covering the Las Cruces area. The current inventory totals 2,904 square feet of properties.

    Residential income properties 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.

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    Most Searched ZIP Codes in Las Cruces, NM

    • 88001
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    Featured Las Cruces Real Estate Agencies

    Realmo connects you with licensed Las Cruces CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Keller Williams Realty Las Cruces
    3780 Foothills Road, Suite C Las Cruces, NM 88011
    Phone: 15755270880
    KellerWilliamsLasCruces.com
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