
Cheap Homes for Rent in Rio Grande Blvd Neighborhood of Albuquerque, NM from $1,100 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Rio Grande Blvd area of Albuquerque.


313 McKnight Ave NE

505 Los Arboles Ave NW
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.

1506 Edith Blvd NE

3717 Alamogordo Dr NW

6017 Calle Nueve NW
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.
Rio Grande Blvd, Albuquerque, NM Local Guide

How much does it cost to rent a home in Rio Grande Blvd?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rio Grande Blvd 2 Bedroom Homes for Rent | $2,195 | $1,425 | $5,200 |
| Rio Grande Blvd 3 Bedroom Homes for Rent | $2,094 | $1,600 | $3,000 |
| Rio Grande Blvd 4 Bedroom Homes for Rent | $2,495 | $2,495 | $2,495 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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 1 Bed unit found at Villa Hermosa priced from $969. Peaks at Los Ranchos has the second lowest priced unit, which is a Studio apartment currently listed from $999. Here are the most affordable Rio Grande Blvd apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Villa Hermosa | The Aztec | 1BR,1BA | $969 |
| Peaks at Los Ranchos | Silverado Renovated | Studio,1BA | $999 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1,164 |
Best Value Apartments for Rent in Rio Grande Blvd, NM
As of April 19, 2026 the best value apartment in the Rio Grande Blvd area is the $1.76 price per square foot 2BR/2.0BA Model at Villas @ Rio in the in the Northwest Quadrant neighborhood starting from $1,905. The second greatest value Rio Grande Blvd apartment is the The Sandia Model at Mesa Ridge Apartments starting at $1,294 with a $1.35 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. |
|---|---|---|---|
| Villas @ Rio | 2BR/2.0BA | 2BR,2BA | $1.76 |
| Mesa Ridge Apartments | The Sandia | 2BR,2BA | $1.35 |
| Stride West | a10ar - Renovated | 1BR,1BA | $1.69 |
| 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 |
| Villa Hermosa | The Aztec | 1BR,1BA | $1.39 |
| Aydan | Pinon Renovated | 1BR,1BA | $1.96 |
| Valley Apartments | Azure Platinum | 1BR,1BA | $1.92 |
| Peaks at Los Ranchos | Silverado Renovated | Studio ,1BA | $2.00 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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.
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.
Best Local Schools in Rio Grande Blvd, Albuquerque, NM
School data provided by Great Schools
Frequently Asked Questions about Rio Grande Blvd
What type of rentals are currently available in Rio Grande Blvd?
There are currently 81 Apartments for Rent in Rio Grande Blvd, NM with pricing that ranges from $795 to $4,350. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rio Grande Blvd ranging from $1,100 to $5,200.
What is the current price range for Rental Homes in Rio Grande Blvd?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Rio Grande Blvd ranges from $1,100 to $5,200 with an average monthly rent of $1,853.
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.

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.

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.