
Cheap Apartments for Rent in the Rio Grande Blvd Neighborhood of Albuquerque, NM from $400 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rio Grande Blvd area of Albuquerque.


Villa Hermosa

820 Apache Ave NW

Mesa Ridge Apartments

Total Monthly Price
Valley Apartments

Peaks at Los Ranchos

Total Monthly Price
Aydan

Total Monthly Price
Stride West

The Artisan @ Sawmill Village
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Del Rio Apartments

Total Monthly Price
Taylor Ranch

Total Monthly Price
1204 Sawmill Rd NW

1506 Edith Blvd NE

Q @ Bosque Trail

2530 Veranda Rd NW

202 San Clemente Ave NW

6041 Sequoia Rd NW, Unit B4

Villas @ Rio
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.

Total Monthly Price
Overture Andalucia 55+ Active Adult Apartment Homes

3732 3rd St NW

Andalucia Villas

2830 Floral Rd NW

Calle Cuarta

Tucson Apartments

1420 4th St NW

Candelaria Gardens

Villa Nueva Senior Apartments
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.

Sawmill Lofts

Aztec Manor

5315 Yucca Cir NE

Faraday

Fourth Street Flats

Cresta North Valley

Phoenix Apartments: Rises Above the Rest!

Poblana Place

3717 Alamogordo Dr NW
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1508 Edith Blvd NE

6041 Sequoia Rd NW

165 Hilton Ave NW

3031 Grogan St NW

1700 Violetas Rd NW

5109 Redlands Rd NW

2840 Quail Pointe Dr NW

Trailhead at Chamizal - NOW LEASING

501 El Paraiso Rd NW
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Rio Grande Blvd, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Rio Grande Blvd?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rio Grande Blvd Studio Apartments | $1,224 | $1,130 | $1,354 |
| Rio Grande Blvd 1 Bedroom Apartments | $1,319 | $800 | $2,011 |
| Rio Grande Blvd 2 Bedroom Apartments | $1,637 | $1,112 | $3,995 |
| Rio Grande Blvd 3 Bedroom Apartments | $2,066 | $1,235 | $3,930 |
Browse Apartments in this Neighborhood
There are currently 45 rentals with your search options within a 2 mile radius of the Rio Grande Blvd Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Rio Grande Blvd, Albuquerque, NM Local Guide
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Cheapest Available Rio Grande Blvd Apartments for Rent
 The cheapest available apartment rental in the Rio Grande Blvd area of Albuquerque, NM is a 1 Bed unit found at Villa Hermosa priced from $958. Valley Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable Rio Grande Blvd apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villa Hermosa | The Aztec | 1BR,1BA | $958 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1,100 |
| Peaks at Los Ranchos | Desert Breeze Renovated | 1BR,1BA | $1,125 |
| Aydan | Pinon Renovated | 1BR,1BA | $1,170 |
| The Artisan @ Sawmill Village | Retail Space | Studio, | $1,190 |
| Cresta North Valley | Renovated | 1BR,1BA | $1,225 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1,239 |
| Taylor Ranch | Birch (Premium) | 1BR,1BA | $1,259 |
| Mesa Ridge Apartments | The Manzano | 2BR,2BA | $1,274 |
Best Value Apartments for Rent in Rio Grande Blvd, NM
As of May 23, 2026 the best value apartment in the Rio Grande Blvd area is the $1.49 price per square foot Cordoba 1UVF Model at Andalucia Villas in the in the Northwest Quadrant neighborhood starting from $2,265. The second greatest value Rio Grande Blvd apartment is the N 2/2 Model at Poblana Place starting at $1,795 with a $1.80 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Rio Grande Blvd apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Andalucia Villas | Cordoba 1UVF | 3BR,2BA | $1.49 |
| Poblana Place | N 2/2 | 2BR,2BA | $1.80 |
| Mesa Ridge Apartments | The Manzano | 2BR,2BA | $1.43 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.72 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1.72 |
| Peaks at Los Ranchos | Desert Breeze Renovated | 1BR,1BA | $1.59 |
| Cresta North Valley | Renovated | 1BR,1BA | $1.75 |
| Villa Hermosa | The Aztec | 1BR,1BA | $1.37 |
| Aydan | Pinon Renovated | 1BR,1BA | $1.86 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1.82 |
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 Rio Grande Blvd, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Rio Grande Blvd, Albuquerque, and the greater Albuquerque area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, transit availability, pet-friendly communities, family-friendly amenities, walking, and biking. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Rio Grande Blvd Apartments
What is the price of a cheap apartment in Rio Grande Blvd?
The cheapest apartment in Rio Grande Blvd is Villa Hermosa which is listed at $958, while the average apartment in Rio Grande Blvd costs $2,190.
What types of apartments are the cheapest in Rio Grande Blvd?
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 29 regular apartments in Rio Grande Blvd 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 Rio Grande Blvd?
Cheap apartments in Rio Grande Blvd have an average cost of $385 which is $1,805 cheaper than the average rent for all rentals in Rio Grande Blvd.
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
Written by: Esther Lombardi
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.

Albuquerque Uncovered: Your Local Experts Guide to the High Desert City
Written by: Esther Lombardi
Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.

Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
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I still recollect my first morning commute in Albuquerque.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
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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.