
Cheap Apartments for Rent in the Rio Grande Blvd Neighborhood of Albuquerque, NM from $400 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rio Grande Blvd area of Albuquerque.


505 Headingly Ave NW

Villa Hermosa

820 Apache Ave NW

Peaks at Los Ranchos

Mesa Ridge Apartments

1508 Edith Blvd NE

Total Monthly Price
Stride West

Total Monthly Price
Aydan
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Taylor Ranch Luxury Apartments

The Artisan @ Sawmill Village

Total Monthly Price
Valley Apartments

Del Rio Apartments

Total Monthly Price
1204 Sawmill Rd NW

1506 Edith Blvd NE

Q @ Bosque Trail

Villas @ Rio

1209 Cordova Ave NW
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6017 Calle Nueve NW

Total Monthly Price
1522 Edith Blvd NE, Unit Edith Compound 2

Calle Cuarta

Tucson Apartments

1420 4th St NW

Candelaria Gardens

Villa Nueva Senior Apartments

Sawmill Lofts

Aztec Manor
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5315 Yucca Cir NE

Faraday

Fourth Street Flats

Phoenix Apartments

Cresta North Valley

Poblana Place

3717 Alamogordo Dr NW

704 La Poblana Rd NW

223 Mescalero Rd NW
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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 | $1,166 | $1,025 | $1,309 |
| Rio Grande Blvd 1 Bedroom Apartments | $1,391 | $795 | $2,195 |
| Rio Grande Blvd 2 Bedroom Apartments | $1,661 | $1,050 | $3,995 |
| Rio Grande Blvd 3 Bedroom Apartments | $2,049 | $1,341 | $3,925 |
Browse Apartments in this Neighborhood
There are currently 37 rentals with your search options within a 2 mile radius of the Rio Grande Blvd Neighborhood of Albuquerque, NM.
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Rio Grande Blvd, Albuquerque, NM Local Guide
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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 $1,025. Villa Hermosa has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,050. 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 | $1,025 |
| Villa Hermosa | The Pueblo | 2BR,1BA | $1,050 |
| Phoenix Apartments | 1 bedroom 1 bath | 1BR,1BA | $1,084 |
| Aydan | Pinon Renovated | 1BR,1BA | $1,121 |
| The Artisan @ Sawmill Village | Retail Space | Studio, | $1,190 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1,223 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1,235 |
| Mesa Ridge Apartments | The Manzano | 2BR,2BA | $1,259 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1,276 |
Best Value Apartments for Rent in Rio Grande Blvd, NM
As of April 08, 2026 the best value apartment in the Rio Grande Blvd area is the $1.54 price per square foot Cordoba 1LVF Model at Andalucia Villas in the in the Northwest Quadrant neighborhood starting from $2,215. The second greatest value Rio Grande Blvd apartment is the 2BR/2.0BA Model at Villas @ Rio starting at $2,138 with a $1.98 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. |
|---|---|---|---|
| Andalucia Villas | Cordoba 1LVF | 3BR,2BA | $1.54 |
| Villas @ Rio | 2BR/2.0BA | 2BR,2BA | $1.98 |
| Mesa Ridge Apartments | The Sandia | 2BR,2BA | $1.36 |
| Villa Hermosa | The Pueblo | 2BR,1BA | $1.19 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.60 |
| Las Mananitas Apartments | Avalon | 1BR,1BA | $1.80 |
| Poblana Place | D 1/1 | 1BR,1BA | $1.80 |
| Del Rio Apartments | Aspen | 1BR,1BA | $1.72 |
| Cresta North Valley | Renovated | 1BR,1BA | $1.96 |
| Aydan | Pinon Renovated | 1BR,1BA | $1.78 |
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Read ArticleThe 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.
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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.
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 Phoenix Apartments which is listed at $1,084, while the average apartment in Rio Grande Blvd costs $2,140.
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 27 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 $355 which is $1,785 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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
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