
Cheap Homes for Rent in Rancho Encantado Neighborhood of Albuquerque, NM from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Rancho Encantado area of Albuquerque.


521-513 13th St NW

916 Lomas Blvd NW

300 San Pasquale Ave NW
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.

1717 Griegos Rd NW

3717 Alamogordo Dr NW

2913 Camilo Ln NW

700 Fruit Ave NW
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.

1012 21st St NW
Rancho Encantado, Albuquerque, NM Local Guide

How much does it cost to rent a home in Rancho Encantado?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rancho Encantado 2 Bedroom Homes for Rent | $2,143 | $1,440 | $5,000 |
| Rancho Encantado 3 Bedroom Homes for Rent | $2,183 | $1,650 | $3,000 |
| Rancho Encantado 4 Bedroom Homes for Rent | $2,353 | $2,150 | $2,595 |
| Rancho Encantado 5 Bedroom Homes for Rent | $2,495 | $2,495 | $2,495 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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 $806. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tierra Pointe | S1 | Studio,1BA | $806 |
| Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $902 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
Best Value Apartments for Rent in Rancho Encantado, NM
As of January 28, 2026 the best value apartment in the Rancho Encantado area is the $1.38 price per square foot Cottonwood Model at Del Rio Apartments in the in the Northwest Quadrant neighborhood starting from $1,649. The second greatest value Rancho Encantado apartment is the Grand Platinum Model at Valley Apartments starting at $1,682 with a $1.78 price per square foot in the Rancho Encantado 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. |
|---|---|---|---|
| Del Rio Apartments | Cottonwood | 3BR,2BA | $1.38 |
| Valley Apartments | Grand Platinum | 3BR,2BA | $1.78 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| Villa Hermosa | The Pueblo Casita | 2BR,1BA | $1.32 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.59 |
| Phoenix Apartments: Rises Above the Rest! | 2 bedroom 1 bath | 2BR,1BA | $1.72 |
| Mesa Ridge Apartments | The Sage | 1BR,1BA | $1.63 |
| Aydan | Pinon Renovated | 1BR,1BA | $1.80 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.54 |
| Volcanes Commons | One Bedroom, One Bath | 1BR,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 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 ArticleThe 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.
Read ArticleCash 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.
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
Frequently Asked Questions about Rancho Encantado
What type of rentals are currently available in Rancho Encantado?
There are currently 81 Apartments for Rent in Rancho Encantado, NM with pricing that ranges from $826 to $3,899. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rancho Encantado ranging from $825 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 $825 to $5,000 with an average monthly rent of $1,950.
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 $3,195, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $3,000. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $2,178.
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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.