Cheap Homes for Rent in Rancho Encantado Neighborhood of Albuquerque, NM from $1,500 (12 Rentals)

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

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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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 1 Bed unit found at Volcanes Commons priced from $902. Canon de Arrowhead 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 ListingModel NameBed/BathPriced From
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$902
Canon de Arrowhead1 bedroom 1 bath1BR,1BA$964
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$964
Villa HermosaThe Aztec1BR,1BA$969
Tierra PointeS1Studio,1BA$1,009

Best Value Apartments for Rent in Rancho Encantado, NM

As of July 24, 2025 the best value apartment in the Rancho Encantado area is the $1.97 price per square foot Rochester Building A Model at Huning Castle Apartments in the in the Silver Lofts neighborhood starting from $2,595. The second greatest value Rancho Encantado apartment is the 3B: Cottonwood (TR) Model at Taylor Ranch starting at $1,750 with a $1.44 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Huning Castle ApartmentsRochester Building A3BR,2BA$1.97
Taylor Ranch3B: Cottonwood (TR)3BR,2BA$1.44
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
AydanSage Renovated2BR,2BA$1.65
Stride Westa10ar - Renovated1BR,1BA$1.62
Valley ApartmentsRiver Platinum2BR,1BA$1.66
Las Mananitas ApartmentsAvalon1BR,1BA$1.86
Villa HermosaThe Aztec1BR,1BA$1.39
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$1.54
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$1.53

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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 $799 to $4,995. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rancho Encantado ranging from $1,500 to $10,000.

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 $1,500 to $10,000 with an average monthly rent of $2,823.

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 $799 to $4,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $4,900.

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.

decorative image for A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.