Cheap Apartments for Rent in the Rio Grande Blvd Neighborhood of Albuquerque, NM from $400 (45 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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Valley Apartments
Rent Specials
$1,100 - $1,685
Total Monthly Price

Total Monthly Price

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$1,100 - $1,685

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1 to 3 Bedroom Apartments Available Now

Valley Apartments

1812 Indian School Rd NWAlbuquerque, NM 87104
Affordability
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Aydan
Rent Specials
$1,170 - $1,455
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Total Monthly Price

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$1,170 - $1,455

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1 to 2 Bedroom Apartments Available Now

Aydan

6000 Montano Plaza Dr NWAlbuquerque, NM 87120
Outdoors
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Stride West
$1,189 - $2,571
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$1,189 - $2,571

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1 to 2 Bedroom Apartments Available Now

Stride West

6101 Sequoia Rd NWAlbuquerque, NM 87120
Corporate Housing
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  • Utilities Included

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.

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Taylor Ranch
$1,259 - $1,609
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Total Monthly Price

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$1,259 - $1,609

Total Monthly Price
$1,259 - $1,609
1 to 2 Bedroom Apartments Available Now

Taylor Ranch

5601 Taylor Ranch Rd NWAlbuquerque, NM 87120
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property at 1506 Edith Blvd NE

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Jun 1

1506 Edith Blvd NE

AlbuquerqueNM87102

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.

property at 3732 3rd St NW

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 1 Bath Home for Rent

Available Now

3732 3rd St NW

AlbuquerqueNM87107
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Calle Cuarta
Studio to 3 Bedroom Apartments

Calle Cuarta

3525 4th St NWAlbuquerque, NM 87107
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Tucson Apartments
2 Bedroom Apartments

Tucson Apartments

5401-5405 Tucson Rd NWAlbuquerque, NM 87120
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1420 4th St NW
1 to 2 Bedroom Apartments

1420 4th St NW

1420-1422 4th St NWAlbuquerque, NM 87102
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Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
  • Utilities Included

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.

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Sawmill Lofts
1 to 3 Bedroom Apartments

Sawmill Lofts

1801 Bellamah Ave NWAlbuquerque, NM 87104
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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
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Faraday
2 Bedroom Apartments

Faraday

4322 4th St NWAlbuquerque, NM 87107
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Fourth Street Flats
Studio to 2 Bedroom Apartments

Fourth Street Flats

4419 4th St NWAlbuquerque, NM 87107
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Cresta North Valley
Studio to 2 Bedroom Apartments

Cresta North Valley

3308 4th St NWAlbuquerque, NM 87107
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Poblana Place
Studio to 2 Bedroom Apartments

Poblana Place

2818 4th St NWAlbuquerque, NM 87107

Cash 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.

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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.

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 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 ListingModel NameBed/BathPriced From
Villa HermosaThe Aztec1BR,1BA$958
Valley ApartmentsAzure Platinum1BR,1BA$1,100
Peaks at Los RanchosDesert Breeze Renovated1BR,1BA$1,125
AydanPinon Renovated1BR,1BA$1,170
The Artisan @ Sawmill VillageRetail SpaceStudio,$1,190
Cresta North ValleyRenovated1BR,1BA$1,225
Del Rio ApartmentsAspen1BR,1BA$1,239
Taylor RanchBirch (Premium)1BR,1BA$1,259
Mesa Ridge ApartmentsThe Manzano2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Andalucia VillasCordoba 1UVF3BR,2BA$1.49
Poblana PlaceN 2/22BR,2BA$1.80
Mesa Ridge ApartmentsThe Manzano2BR,2BA$1.43
Stride Westa10ar - Renovated1BR,1BA$1.72
Del Rio ApartmentsAspen1BR,1BA$1.72
Peaks at Los RanchosDesert Breeze Renovated1BR,1BA$1.59
Cresta North ValleyRenovated1BR,1BA$1.75
Villa HermosaThe Aztec1BR,1BA$1.37
AydanPinon Renovated1BR,1BA$1.86
Valley ApartmentsAzure Platinum1BR,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.

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Don'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.

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Real 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.

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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.

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

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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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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.

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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.

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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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.

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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.