Cheap Homes for Rent in Rio Grande Blvd Neighborhood of Albuquerque, NM from $900 (6 Rentals)

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

$900 - $1,450

1 To 2 Bedroom Rentals

Available Now

426 Headingly Ave NW

AlbuquerqueNM87107

$1,100

Studio, 1 Bath Home for Rent

Available Jun 8

2440 Rose Ave NW

AlbuquerqueNM87104

$1,360

Total Monthly Price

2 Bedroom, 1 Bath Home for Rent

Available Now

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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$1,425

2 Bedroom, 1 Bath Townhome for Rent

Available Now

3717 Alamogordo Dr NW

AlbuquerqueNM87120

$1,600 - $1,650

2 Bedroom Rentals

Available Now

6041 Sequoia Rd NW

AlbuquerqueNM87120

$1,700

1 Bedroom, 1 Bath Home for Rent

Available Now

501 El Paraiso Rd NW

Los Ranchos de AlbuquerqueNM87107

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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Showing Results 1-6, Page 1 of 1

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	$2,112	$1,360	$5,200
Rio Grande Blvd 3 Bedroom Homes for Rent	$2,307	$1,800	$3,800
Rio Grande Blvd 4 Bedroom Homes for Rent	$2,000	$2,000	$2,000

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 2 Beds unit found at Villa Hermosa priced from $1,046. 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 Listing	Model Name	Bed/Bath	Priced From
Villa Hermosa	The Pueblo	2BR,1BA	$1,046
Valley Apartments	Azure Platinum	1BR,1BA	$1,100
Peaks at Los Ranchos	Desert Breeze Renovated	1BR,1BA	$1,150

Best Value Apartments for Rent in Rio Grande Blvd, NM

As of June 04, 2026 the best value apartment in the Rio Grande Blvd area is the $1.64 price per square foot Baeze 2U Model at Andalucia Villas in the in the Northwest Quadrant neighborhood starting from $2,098. The second greatest value Rio Grande Blvd apartment is the 2BR/2.0BA Model at Villas @ Rio starting at $1,900 with a $1.76 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	Baeze 2U	2BR,2BA	$1.64
Villas @ Rio	2BR/2.0BA	2BR,2BA	$1.76
Villa Hermosa	The Taos	2BR,2BA	$1.22
Aydan	Sage Renovated	2BR,2BA	$1.53
Stride West	a10ar - Renovated	1BR,1BA	$1.88
Del Rio Apartments	Aspen	1BR,1BA	$1.72
Peaks at Los Ranchos	Desert Breeze Renovated	1BR,1BA	$1.63
Cresta North Valley	Renovated	1BR,1BA	$1.75
Phoenix Apartments: Rises Above the Rest!	2 bedroom 1 bath	2BR,1BA	$1.90
Valley Apartments	Azure Platinum	1BR,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.

Read Article

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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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.

Best Local Schools in
Rio Grande Blvd, Albuquerque, NM

Cochiti Elementary

Albuquerque Public Schools

Public School - Grades PK-5 (207)

6 out of 10

Valley High

Albuquerque Public Schools

Public School - Grades 9-12 (1039)

4 out of 10

Garfield Middle

Albuquerque Public Schools

Public School - Grades 6-8 (315)

5 out of 10

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 $800 to $3,930. There are also 22 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rio Grande Blvd ranging from $900 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 $900 to $5,200 with an average monthly rent of $1,929.

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

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.

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.

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.