Cheap Apartments for Rent in the Rio Grande Blvd Neighborhood of Albuquerque, NM from $400 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Rio Grande Blvd area of Albuquerque.

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Tucson Apartments
2 Bedroom Apartments

Tucson Apartments

5401-5405 Tucson Rd NWAlbuquerque, NM 87120
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Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
  • Utilities Included

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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Sawmill Lofts
1 to 3 Bedroom Apartments

Sawmill Lofts

1801 Bellamah Ave NWAlbuquerque, NM 87104
  • Utilities Included
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Aztec Manor
1 to 2 Bedroom Apartments

Aztec Manor

403 Aztec Rd NWAlbuquerque, NM 87107
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5315 Yucca Cir NE
2 Bedroom Apartments

5315 Yucca Cir NE

5315 Yucca Cir NEAlbuquerque, NM 87120

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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Faraday
2 Bedroom Apartments

Faraday

4322 4th St NWAlbuquerque, NM 87107

Rio Grande Blvd, Albuquerque, NM Local Guide

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 Aydan priced from $1,105. The Artisan @ Sawmill Village has the second lowest priced unit, which is a Studio apartment currently listed from $1,120. Here are the most affordable Rio Grande Blvd apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
AydanPinon Renovated1BR,1BA$1,105
The Artisan @ Sawmill VillageRetail SpaceStudio,$1,120
Peaks at Los RanchosDesert Breeze Renovated1BR,1BA$1,125
Villa HermosaThe Taos2BR,2BA$1,163
Cresta North Valley1 bed/1 bath1BR,1BA$1,199

Best Value Apartments for Rent in Rio Grande Blvd, NM

As of June 21, 2025 the best value apartment in the Rio Grande Blvd area is the $1.34 price per square foot The Sandia Model at Mesa Ridge Apartments in the in the Northwest Quadrant neighborhood starting from $1,284. The second greatest value Rio Grande Blvd apartment is the The Pueblo Casita Model at Villa Hermosa starting at $1,163 with a $1.32 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Mesa Ridge ApartmentsThe Sandia2BR,2BA$1.34
Villa HermosaThe Pueblo Casita2BR,1BA$1.32
Stride Westa10ar - Renovated1BR,1BA$1.73
Las Mananitas ApartmentsLennox1BR,1BA$1.72
Valley ApartmentsRiver Platinum2BR,1BA$1.64
Cresta North Valley1 bed/1 bath1BR,1BA$1.60
Peaks at Los RanchosDesert Breeze Renovated1BR,1BA$1.59
The Artisan @ Sawmill Village1x1 Market 647 sq.ft.1BR,1BA$2.09
AydanPinon Renovated1BR,1BA$1.75
1204 Sawmill Rd NW, Unit 11204 Sawmill Rd NW1BR,1BA$2.36

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Pet Friendly Lifestyle
Rio Grande Blvd, Albuquerque, NM

Ranked #152

Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

Getting Around the Rio Grande Blvd Neighborhood in Albuquerque, NM

Walk Score®

46 / 100

Car-Dependent

Most errands require a car

Bike Score®

73 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

17 / 100

Minimal Transit

It may be possible to get on a bus

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 Aydan which is listed at $1,105, while the average apartment in Rio Grande Blvd costs $2,065.

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 11 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 $265 which is $1,800 cheaper than the average rent for all rentals in Rio Grande Blvd.

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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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.

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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.