
Cheap Apartments for Rent in the Rio Grande Blvd Neighborhood of Albuquerque, NM from $400 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rio Grande Blvd area of Albuquerque.


Villa Hermosa
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.
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.

Trailhead at Chamizal - NOW LEASING
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 | $993 | $500 | $1,239 |
Rio Grande Blvd 1 Bedroom Apartments | $1,498 | $940 | $2,242 |
Rio Grande Blvd 2 Bedroom Apartments | $1,753 | $1,163 | $3,500 |
Rio Grande Blvd 3 Bedroom Apartments | $2,036 | $1,341 | $4,070 |
Rio Grande Blvd 4 Bedroom Apartments | $2,050 | $2,000 | $2,100 |
Browse Apartments in this Neighborhood
There are currently 11 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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Aydan | Pinon Renovated | 1BR,1BA | $1,105 |
The Artisan @ Sawmill Village | Retail Space | Studio, | $1,120 |
Peaks at Los Ranchos | Desert Breeze Renovated | 1BR,1BA | $1,125 |
Villa Hermosa | The Taos | 2BR,2BA | $1,163 |
Cresta North Valley | 1 bed/1 bath | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Mesa Ridge Apartments | The Sandia | 2BR,2BA | $1.34 |
Villa Hermosa | The Pueblo Casita | 2BR,1BA | $1.32 |
Stride West | a10ar - Renovated | 1BR,1BA | $1.73 |
Las Mananitas Apartments | Lennox | 1BR,1BA | $1.72 |
Valley Apartments | River Platinum | 2BR,1BA | $1.64 |
Cresta North Valley | 1 bed/1 bath | 1BR,1BA | $1.60 |
Peaks at Los Ranchos | Desert Breeze Renovated | 1BR,1BA | $1.59 |
The Artisan @ Sawmill Village | 1x1 Market 647 sq.ft. | 1BR,1BA | $2.09 |
Aydan | Pinon Renovated | 1BR,1BA | $1.75 |
1204 Sawmill Rd NW, Unit 1 | 1204 Sawmill Rd NW | 1BR,1BA | $2.36 |
Quick 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 #152
Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet 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.
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

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.

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.

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.

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.