Cheap Apartments for Rent in the Rio Grande Blvd Neighborhood of Albuquerque, NM from $400 (13 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Tucson Apartments
2 Bedroom Apartments

Tucson Apartments

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

1420 4th St NW

1420-1422 4th St NWAlbuquerque, NM 87102

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.

close
View Me
Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
  • Utilities Included
close
View Me
Sawmill Lofts
1 to 3 Bedroom Apartments

Sawmill Lofts

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

Aztec Manor

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

5315 Yucca Cir NE

5315 Yucca Cir NEAlbuquerque, NM 87120
close
View Me
Faraday
2 Bedroom Apartments

Faraday

4322 4th St NWAlbuquerque, NM 87107

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

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 Valley Apartments priced from $919. Villa Hermosa has the second lowest priced unit, which is a 1 Bed apartment currently listed from $969. Here are the most affordable Rio Grande Blvd apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Valley ApartmentsAzure Platinum1BR,1BA$919
Villa HermosaThe Aztec1BR,1BA$969
AydanPinon Renovated1BR,1BA$1,021
Mesa Ridge ApartmentsThe Sage1BR,1BA$1,064
Stride Westa10a1BR,1BA$1,106

Best Value Apartments for Rent in Rio Grande Blvd, NM

As of November 09, 2025 the best value apartment in the Rio Grande Blvd area is the $1.92 price per square foot 2BR/2.0BA Model at Villas @ Rio in the in the Northwest Quadrant neighborhood starting from $2,075. The second greatest value Rio Grande Blvd apartment is the Grand Platinum Model at Valley Apartments starting at $1,497 with a $1.58 price per square foot in the Rancho Encantado 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.
Villas @ Rio2BR/2.0BA2BR,2BA$1.92
Valley ApartmentsGrand Platinum3BR,2BA$1.58
Poblana PlaceM 1/11BR,1BA$1.99
Stride Westa10ar - Renovated1BR,1BA$1.62
Taylor Ranch1B: Maple (TR)1BR,1BA$1.58
Cresta North Valley1 bed/1 bath1BR,1BA$1.60
Peaks at Los RanchosDesert Breeze Renovated1BR,1BA$1.70
Villa HermosaThe Aztec1BR,1BA$1.39
Mesa Ridge ApartmentsThe Sage1BR,1BA$1.63
AydanPinon Renovated1BR,1BA$1.62

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 Article
Decorative image

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

Read Article
Decorative image

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.

Read Article
Decorative image

The 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 Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Rio Grande Blvd, Albuquerque, NM

Ranked #183

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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

How much is rent for a Cheap One Bedroom Rio Grande Blvd Apartment?

The lowest price for a Cheap One Bedroom Rio Grande Blvd Apartment is $919 at Valley Apartments.

What is the lowest price for a Cheap Two Bedroom Rio Grande Blvd Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Rio Grande Blvd is starting from $1,130 at Valley Apartments.

What is the most affordable Rio Grande Blvd Three Bedroom Apartment?

The best deal on a cheap Rio Grande Blvd Three Bedroom Apartment rental is at Villa Hermosa and starts from $1,341.

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.

decorative image for A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.