Cheap Homes for Rent in Rancho Encantado Neighborhood of Albuquerque, NM from $1,300 (17 Rentals)

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Search the lowest-cost Homes available for rent right now in the Rancho Encantado area of Albuquerque.

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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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Showing Results 1-17, Page 1 of 1

Rancho Encantado, Albuquerque, NM Local Guide

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 $833. Volcanes Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $902. Here are the most affordable Rancho Encantado apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Tierra PointeS1Studio,1BA$833
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$902
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$964
Villa HermosaThe Aztec1BR,1BA$969
Valley ApartmentsAzure Platinum1BR,1BA$1,020

Best Value Apartments for Rent in Rancho Encantado, NM

As of December 04, 2025 the best value apartment in the Rancho Encantado area is the $1.60 price per square foot Juniper Model at Q @ Bosque Trail in the in the Northwest Quadrant neighborhood starting from $1,500. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Q @ Bosque TrailJuniper2BR,1BA$1.60
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
Stride Westa10ar - Renovated1BR,1BA$1.71
Phoenix Apartments: Rises Above the Rest!2 bedroom 1 bath2BR,1BA$1.72
Taylor Ranch1B: Maple (TR)1BR,1BA$1.58
Villa HermosaThe Aztec1BR,1BA$1.39
Mesa Ridge ApartmentsThe Sage1BR,1BA$1.63
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$1.54
Valley ApartmentsAzure Platinum1BR,1BA$1.68
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$1.53

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
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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Quick 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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Pet Friendly Lifestyle
Rancho Encantado, Albuquerque, NM

Ranked #163

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Rancho Encantado, Albuquerque, NM

School data provided by Great Schools

Frequently Asked Questions about Rancho Encantado

What type of rentals are currently available in Rancho Encantado?

There are currently 83 Apartments for Rent in Rancho Encantado, NM with pricing that ranges from $840 to $3,905. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rancho Encantado ranging from $1,399 to $5,000.

What is the current price range for Rental Homes in Rancho Encantado?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Rancho Encantado ranges from $1,399 to $5,000 with an average monthly rent of $2,064.

How much are larger Three and Four Bedroom Rentals in Rancho Encantado?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Rancho Encantado range from $1,232 to $3,905, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $2,178.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!