
Cheap Homes for Rent in Rancho Encantado Neighborhood of Albuquerque, NM from $1,100 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Rancho Encantado area of Albuquerque.


816 13th St NW

3717 Alamogordo Dr NW
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.

6041 Sequoia Rd NW

2834 Estrella Brillante St NW

5109 Redlands Rd 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.

6532 Keeling 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 | $2,242 | $1,425 | $5,200 |
| Rancho Encantado 3 Bedroom Homes for Rent | $2,278 | $1,900 | $2,800 |
| Rancho Encantado 4 Bedroom Homes for Rent | $2,530 | $2,395 | $2,600 |
| Rancho Encantado 5 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 Tierra Pointe priced from $926. Welcome Home To Rio Volcan! 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Tierra Pointe | A1 | 1BR,1BA | $926 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
| Villa Hermosa | The Pueblo Casita | 2BR,1BA | $1,068 |
Best Value Apartments for Rent in Rancho Encantado, NM
As of June 17, 2026 the best value apartment in the Rancho Encantado area is the $1.76 price per square foot 2BR/2.0BA Model at Villas @ Rio in the in the Northwest Quadrant neighborhood starting from $1,900. The second greatest value Rancho Encantado apartment is the Two Bedroom - Two Bath Model at Monterey Place starting at $1,700 with a $1.59 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Villas @ Rio | 2BR/2.0BA | 2BR,2BA | $1.76 |
| Monterey Place | Two Bedroom - Two Bath | 2BR,2BA | $1.59 |
| Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
| Andalucia Villas | Antequera | 1BR,1BA | $1.98 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.88 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1.74 |
| Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.38 |
| Villa Hermosa | The Aztec | 1BR,1BA | $1.39 |
| Taylor Ranch | Birch | 1BR,1BA | $1.90 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1.81 |
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
Frequently Asked Questions about Rancho Encantado
What type of rentals are currently available in Rancho Encantado?
There are currently 85 Apartments for Rent in Rancho Encantado, NM with pricing that ranges from $840 to $3,930. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rancho Encantado ranging from $1,100 to $5,200.
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 $1,100 to $5,200 with an average monthly rent of $2,215.
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

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.

The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
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There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.

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Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
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Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.