
Cheap Apartments for Rent in the Rancho Encantado Neighborhood of Albuquerque, NM from $444 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rancho Encantado area of Albuquerque.


The Beach

1325 San Andres Ave NW, Unit C

6001 Montaño Rd NW

1237 Menaul Blvd NW

Villa Hermosa

Mesa Ridge Apartments

Total Monthly Price
Valley Apartments

300 San Pasquale Ave NW
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Total Monthly Price
Aydan

Total Monthly Price
Taylor Ranch

The Artisan @ Sawmill Village

Del Rio Apartments

Total Monthly Price
1204 Sawmill Rd NW

Total Monthly Price
Stride West

Villas @ Rio

228 16th St NW

Monterey Place
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Q @ Bosque Trail

Tucson Apartments

2404-2406 1/2 Dora Ave NW

Sawmill Lofts

5315 Yucca Cir NE

Villa Nueva Senior Apartments

Canon de Arrowhead

Marbella-Income Restricted Waitlist

Tierra Pointe
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Volcanes Commons

Welcome Home To Rio Volcan!

The Franz

Old Town Casitas

2101 New York Ave SW

Phoenix Apartments

700 Fruit Ave NW

3717 Alamogordo Dr NW

6515 Azuelo Ave NW
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560 60th St NW
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 | $1,039 | $750 | $1,379 |
| Rancho Encantado 1 Bedroom Apartments | $1,405 | $850 | $2,053 |
| Rancho Encantado 2 Bedroom Apartments | $1,682 | $995 | $3,523 |
| Rancho Encantado 3 Bedroom Apartments | $2,087 | $1,398 | $3,930 |
| Rancho Encantado 4 Bedroom Apartments | $1,995 | $1,995 | $1,995 |
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 1 Bed unit found at Welcome Home To Rio Volcan! priced from $964. Villa Hermosa has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,023. Here are the most affordable Rancho Encantado apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
| Villa Hermosa | The Pueblo | 2BR,1BA | $1,023 |
| Mesa Ridge Apartments | The Iris | 1BR,1BA | $1,029 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1,050 |
| Tierra Pointe | A1 | 1BR,1BA | $1,063 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1,154 |
| Aydan | Pinon Renovated | 1BR,1BA | $1,175 |
| The Artisan @ Sawmill Village | Retail Space | Studio, | $1,190 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1,249 |
Best Value Apartments for Rent in Rancho Encantado, NM
As of August 22, 2026 the best value apartment in the Rancho Encantado area is the $1.52 price per square foot Geneva Model at Las Mananitas Apartments in the in the Northwest Quadrant neighborhood starting from $2,120. The second greatest value Rancho Encantado apartment is the Cottonwood (Premium) Model at Taylor Ranch starting at $1,875 with a $1.55 price per square foot in the Northwest Quadrant 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. |
|---|---|---|---|
| Las Mananitas Apartments | Geneva | 3BR,2BA | $1.52 |
| Taylor Ranch | Cottonwood (Premium) | 3BR,2BA | $1.55 |
| Villas @ Rio | 2BR/2.0BA | 2BR,2BA | $1.73 |
| Villa Hermosa | The Taos | 2BR,2BA | $1.20 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.77 |
| Phoenix Apartments | 2 bedroom 1 bath | 2BR,1BA | $1.72 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1.73 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.38 |
| 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 ArticleDon'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.
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 the price of a cheap apartment in Rancho Encantado?
The cheapest apartment in Rancho Encantado is Welcome Home To Rio Volcan! which is listed at $964, while the average apartment in Rancho Encantado costs $1,550.
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 7 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 $126 which is $1,424 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

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I still recollect my first morning commute in Albuquerque.

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Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.
Articles, How-To's, and Tips

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