401 14th St NW
AlbuquerqueNM87104
Cheap Apartments for Rent in the Rancho Encantado Neighborhood of Albuquerque, NM from $400 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rancho Encantado area of Albuquerque.
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$840 - $1,500Studio to 3 Bedroom Apartments Contact Us For Availability
The Beach
2525 Tingley Dr SWAlbuquerque, NM 87104
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$962 - $1,3411 to 3 Bedroom Apartments Available Now
Villa Hermosa
2600 Americare Ct NWAlbuquerque, NM 87120
560 Estancia Dr NW
AlbuquerqueNM87105
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$1,029 - $1,3341 to 2 Bedroom Apartments Available Now
Mesa Ridge Apartments
3501 Atrisco Dr NWAlbuquerque, NM 87120
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$1,100 - $1,685
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$1,100 - $1,685
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Valley Apartments
1812 Indian School Rd NWAlbuquerque, NM 87104
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$1,164 - $1,421
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$1,164 - $1,421
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Aydan
6000 Montano Plaza Dr NWAlbuquerque, NM 87120
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$1,179 - $2,517
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$1,179 - $2,517
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Stride West
6101 Sequoia Rd NWAlbuquerque, NM 87120
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$1,190 - $1,800Studio to 3 Bedroom Apartments Available Now
The Artisan @ Sawmill Village
1751 Bellamah Ave NWAlbuquerque, NM 87104
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
300 San Pasquale Ave NW
AlbuquerqueNM87104
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$1,239 - $1,7351 to 3 Bedroom Apartments Available Now
Del Rio Apartments
4601 Montano Rd NWAlbuquerque, NM 87120
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$1,259 - $1,629
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$1,259 - $1,629
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$1,259 - $1,629
Taylor Ranch
5601 Taylor Ranch Rd NWAlbuquerque, NM 87120
901 Slate Ave NW
AlbuquerqueNM87102
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$1,300 - $1,700
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1 Bedroom Apartment Available NowTotal Monthly Price
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$1,300 - $1,700
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$1,300 - $1,700
1204 Sawmill Rd NW
1204 Sawmill Rd NWAlbuquerque, NM 87104
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$1,3951 to 2 Bedroom Apartments Available Jun 9
Q @ Bosque Trail
2531 Candelaria Rd NWAlbuquerque, NM 87107
2530 Veranda Rd NW
AlbuquerqueNM87107
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$1,500 - $2,200Studio to 2 Bedroom Apartments Available Now
228 16th St NW
228 16th St NWAlbuquerque, NM 87104
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$1,550 - $2,3251 to 2 Bedroom Apartments Available Now
Monterey Place
2320 Central Ave SWAlbuquerque, NM 87104
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
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2 Bedroom Apartments
Tucson Apartments
5401-5405 Tucson Rd NWAlbuquerque, NM 87120
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Studio Apartments
Carousel
401 14th StAlbuquerque, NM 87104
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1 to 2 Bedroom Apartments
Villa Nueva Senior Apartments
990 18th St NWAlbuquerque, NM 87104
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1 to 3 Bedroom Apartments
Sawmill Lofts
1801 Bellamah Ave NWAlbuquerque, NM 87104
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2 Bedroom Apartments
5315 Yucca Cir NE
5315 Yucca Cir NEAlbuquerque, NM 87120
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1 to 3 Bedroom Apartments
Canon de Arrowhead
1700 Market St NWAlbuquerque, NM 87120
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2 to 3 Bedroom Apartments
Marbella-Income Restricted Waitlist
6801 Glenrio Rd NWAlbuquerque, NM 87121
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Studio to 3 Bedroom Apartments
Tierra Pointe
6901-6901 Los Volcanes Rd NWAlbuquerque, NM 87121
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1 to 3 Bedroom Apartments
Volcanes Commons
6901 Glenrio Rd NWAlbuquerque, NM 87121
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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1 to 3 Bedroom Apartments
Welcome Home To Rio Volcan!
1919 Ladera Dr NWAlbuquerque, NM 87120
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Studio to 1 Bedroom Apartments
The Franz
1716 Central Ave NWAlbuquerque, NM 87104
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1 to 2 Bedroom Apartments
Old Town Casitas
200 Rio Grande Blvd SWAlbuquerque, NM 87104
522 14th St NW
AlbuquerqueNM87104
819 8th St NW
AlbuquerqueNM87102
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1 to 3 Bedroom Apartments
Phoenix Apartments: Rises Above the Rest!
1720 Atrisco Dr NWAlbuquerque, NM 87105
816 13th St NW
AlbuquerqueNM87102
706 Fruit Ave NW
AlbuquerqueNM87102
1503 Central Ave NW
AlbuquerqueNM87104
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
3717 Alamogordo Dr NW
AlbuquerqueNM87120
Showing Results 1-37, Page 1 of 1
Rancho Encantado, Albuquerque, NM Local Guide
How much does it cost to rent an apartment in Rancho Encantado?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rancho Encantado Studio Apartments | $1,136 | $825 | $1,500 |
| Rancho Encantado 1 Bedroom Apartments | $1,346 | $950 | $2,011 |
| Rancho Encantado 2 Bedroom Apartments | $1,664 | $975 | $3,995 |
| Rancho Encantado 3 Bedroom Apartments | $2,062 | $1,341 | $3,980 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 37 rentals with your search options within a 3 mile radius of the Rancho Encantado Neighborhood of Albuquerque, NM.
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Rancho Encantado, Albuquerque, NM Local Guide
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Cheapest Available Rancho Encantado Apartments for Rent
The cheapest available apartment rental in the Rancho Encantado area of Albuquerque, NM is a Studio unit found at Tierra Pointe priced from $875. Welcome Home To Rio Volcan! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $964. Here are the most affordable Rancho Encantado apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tierra Pointe | S1 | Studio,1BA | $875 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
| Villa Hermosa | The Aztec | 1BR,1BA | $964 |
| Mesa Ridge Apartments | The Iris | 1BR,1BA | $1,029 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1,100 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1,154 |
| Aydan | Pinon Renovated | 1BR,1BA | $1,164 |
| The Artisan @ Sawmill Village | Retail Space | Studio, | $1,190 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1,239 |
| Taylor Ranch | Birch (Premium) | 1BR,1BA | $1,259 |
Best Value Apartments for Rent in Rancho Encantado, NM
As of May 20, 2026 the best value apartment in the Rancho Encantado area is the $1.41 price per square foot 817 Slate Ave NW Model at 817 Slate Ave NW, Unit 817 in the in the Hunning Highland neighborhood starting from $1,690. The second greatest value Rancho Encantado apartment is the 2 bedroom 2 bath Model at Canon de Arrowhead starting at $1,154 with a $1.25 price per square foot in the Alamosa neighborhood. Here is today’s list of the best values for Rancho Encantado apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 817 Slate Ave NW, Unit 817 | 817 Slate Ave NW | 2BR,1BA | $1.41 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| Andalucia Villas | Antequera | 1BR,1BA | $1.90 |
| Villa Hermosa | The Pueblo | 2BR,1BA | $1.26 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.71 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1.72 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.38 |
| Aydan | Pinon Renovated | 1BR,1BA | $1.85 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1.82 |
| Mesa Ridge Apartments | The Iris | 1BR,1BA | $1.79 |
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
Read Article
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Best Local Schools in Rancho Encantado, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
Our team compiles millions of data points to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Albuquerque. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and proximity to parks, kid and pet-friendly communities, availability of transit options, and much more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Rancho Encantado Apartments
What is a cheap apartment in Rancho Encantado?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Rancho Encantado is under $1,259.
What is the price of a cheap apartment in Rancho Encantado?
The cheapest apartment in Rancho Encantado is Tierra Pointe which is listed at $920, while the average apartment in Rancho Encantado costs $2,182.
What types of apartments are the cheapest in Rancho Encantado?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 27 regular apartments in Rancho Encantado that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Rancho Encantado?
Cheap apartments in Rancho Encantado have an average cost of $361 which is $1,821 cheaper than the average rent for all rentals in Rancho Encantado.
Expert Rental Resources
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.
Helpful Local Expert Guides
A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque
Written by: Esther Lombardi
Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.
The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Written by: Esther Lombardi
There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.
Albuquerque Uncovered: Your Local Experts Guide to the High Desert City
Written by: Esther Lombardi
Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.
Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.
Articles, How-To's, and Tips
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.