
Cheap Studio Apartments for Rent in the Rancho Encantado Neighborhood of Albuquerque, NM from $825 (8 Rentals)


The Beach

The Artisan @ Sawmill Village

228 16th St NW
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

Corona Del Sol Apartments

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Tierra Pointe

The Franz
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.
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 | $1,373 | $950 | $2,195 |
| Rancho Encantado 2 Bedroom Apartments | $1,652 | $975 | $3,995 |
| Rancho Encantado 3 Bedroom Apartments | $2,051 | $1,341 | $4,305 |
| Rancho Encantado 4 Bedroom Apartments | $2,600 | $2,600 | $2,600 |
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Rancho Encantado, Albuquerque, NM Local Guide
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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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
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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 $1,395.
What is the price of a cheap apartment in Rancho Encantado?
The cheapest apartment in Rancho Encantado is Tierra Pointe which is listed at $875, while the average apartment in Rancho Encantado costs $2,600.
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 28 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 $348 which is $2,252 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.
Articles, How-To's, and Tips

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.

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.