
Cheap Apartments for Rent in the Rio Grande Blvd Neighborhood of Albuquerque, NM from $400 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rio Grande Blvd area of Albuquerque.


Villa Hermosa

Peaks at Los Ranchos
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.

504 Headingly Ave NW

611 Woodland Ave NW

Trailhead at Chamizal - NOW LEASING
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.
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 | $1,116 | $751 | $1,500 |
| Rio Grande Blvd 1 Bedroom Apartments | $1,348 | $761 | $2,125 |
| Rio Grande Blvd 2 Bedroom Apartments | $1,554 | $906 | $3,899 |
| Rio Grande Blvd 3 Bedroom Apartments | $1,997 | $1,039 | $3,885 |
Browse Apartments in this Neighborhood
There are currently 14 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
- Nearby Albuquerque neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Rio Grande Blvd Apartments for Rent
 The cheapest available apartment rental in the Rio Grande Blvd area of Albuquerque, NM is a Studio unit found at Peaks at Los Ranchos priced from $975. Mesa Ridge Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,054. Here are the most affordable Rio Grande Blvd apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Peaks at Los Ranchos | Silverado Renovated | Studio,1BA | $975 |
| Mesa Ridge Apartments | The Iris | 1BR,1BA | $1,054 |
| Aydan | Pinon Renovated | 1BR,1BA | $1,091 |
| Stride West | a10a | 1BR,1BA | $1,145 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1,149 |
Best Value Apartments for Rent in Rio Grande Blvd, NM
As of December 31, 2025 the best value apartment in the Rio Grande Blvd area is the $1.32 price per square foot The Pueblo Casita Model at Villa Hermosa in the in the Northwest Quadrant neighborhood starting from $1,163. The second greatest value Rio Grande Blvd apartment is the a10ar - Renovated Model at Stride West starting at $1,330 with a $1.66 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. |
|---|---|---|---|
| Villa Hermosa | The Pueblo Casita | 2BR,1BA | $1.32 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.66 |
| Las Mananitas Apartments | Lennox | 1BR,1BA | $1.76 |
| Phoenix Apartments: Rises Above the Rest! | 2 bedroom 1 bath | 2BR,1BA | $1.72 |
| Taylor Ranch | Maple | 1BR,1BA | $1.71 |
| Cresta North Valley | 1 bed/1 bath | 1BR,1BA | $1.60 |
| Poblana Place | I 1/1 | 1BR,1BA | $1.92 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1.60 |
| Aydan | Pinon Renovated | 1BR,1BA | $1.73 |
| Mesa Ridge Apartments | The Iris | 1BR,1BA | $1.83 |
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.
Pet Friendly LifestyleRio Grande Blvd, Albuquerque, NM
Ranked #178
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 Mesa Ridge Apartments which is listed at $1,054, while the average apartment in Rio Grande Blvd costs $2,120.
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 32 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 $416 which is $1,704 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.
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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.







