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$814 - $9651 to 2 Bedroom Apartments Contact Us For Availability
Felician Villa I - Senior 55+
1301 Stephanie Rd SERio Rancho, NM 87124
Cheap Apartments for Rent in the Rio Rancho Neighborhood of Albuquerque, NM from $800 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rio Rancho area of Albuquerque.
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$940 - $1,3372 to 3 Bedroom Apartments Available Now
Arrowhead Ridge
4515 Arrowhead Ridge Dr SERio Rancho, NM 87124
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$1,098Studio Apartments Available Now
Panorama
1465 Rio Rancho Blvd SERio Rancho, NM 87124
611 Vancouver Rd SE
Rio RanchoNM87124
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Rent Specials
$1,197 - $1,790
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,173 - $1,766
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Entrada Pointe
900 Country Club DrRio Rancho, NM 87124
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$1,218 - $1,620Studio to 2 Bedroom Apartments Available Now
Blue Agave Villas
4101 Meadowlark Ln SERio Rancho, NM 87124
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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$1,3002 Bedroom Apartments Available Apr 1
652 Vancouver Rd SE
652 Vancouver Rd SERio Rancho, NM 87124
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1 to 2 Bedroom Apartments
Felician Villa II - Senior 55+
1325 Stephanie RdRio Rancho, NM 87124
1645 Hollyberry Dr NE
Rio RanchoNM87144
839 Country Club Dr SE
Rio RanchoNM87124
1316 F Grande Blvd SE
Rio RanchoNM87124
937 Country Club Dr SE
Rio RanchoNM87124
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.
Showing Results 1-12, Page 1 of 1
Rio Rancho, Albuquerque, NM Local Guide
How much does it cost to rent an apartment in Rio Rancho?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rio Rancho Studio Apartments | $1,419 | $1,098 | $1,970 |
| Rio Rancho 1 Bedroom Apartments | $1,694 | $814 | $2,238 |
| Rio Rancho 2 Bedroom Apartments | $1,898 | $940 | $2,909 |
| Rio Rancho 3 Bedroom Apartments | $2,340 | $1,066 | $3,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Rio Rancho Neighborhood of Albuquerque, NM.
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Rio Rancho, Albuquerque, NM Local Guide
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Cheapest Available Rio Rancho Apartments for Rent
The cheapest available apartment rental in the Rio Rancho area of Albuquerque, NM is a 3 Beds unit found at Arrowhead Ridge priced from $1,066. Panorama has the second lowest priced unit, which is a Studio apartment currently listed from $1,098. Here are the most affordable Rio Rancho apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arrowhead Ridge | Mesa 50% | 3BR,2BA | $1,066 |
| Panorama | Studio B | Studio,1BA | $1,098 |
| Entrada Pointe | Studio | Studio,1BA | $1,197 |
| Blue Agave Villas | The Grove | 1BR,1BA | $1,218 |
| Links at High Resort | Coronado | 1BR,1BA | $1,405 |
Best Value Apartments for Rent in Rio Rancho, NM
As of March 19, 2026 the best value apartment in the Rio Rancho area is the $1.24 price per square foot Mesa 60% Model at Arrowhead Ridge in the in the Sunrise Village at Northern Meadows neighborhood starting from $1,337. The second greatest value Rio Rancho apartment is the Amber Model at Via Vista Apartment Community starting at $1,718 with a $1.74 price per square foot in the Sunrise Village at Northern Meadows neighborhood. Here is today’s list of the best values for Rio Rancho apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Arrowhead Ridge | Mesa 60% | 3BR,2BA | $1.24 |
| Via Vista Apartment Community | Amber | 2BR,2BA | $1.74 |
| Wintergreen Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.88 |
| Links at High Resort | Coronado | 1BR,1BA | $1.60 |
| The Eleanor at Rio Rancho | A4 | 1BR,1BA | $3.00 |
| Affinity at Albuquerque 55+ | 1x1 - B1 | 1BR,1BA | $2.61 |
| Meadowlark Apartments | 1x1 | 1BR,1BA | $2.26 |
| Blue Agave Villas | The Grove | 1BR,1BA | $2.03 |
| Entrada Pointe | Studio | Studio ,1BA | $2.93 |
| Panorama | Studio B | Studio ,1BA | $3.26 |
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.
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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 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.
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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.
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Best Local Schools in Rio Rancho, Albuquerque, NM
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Lifestyle Ratings
This website is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across New Mexico including Rio Rancho, Albuquerque, and the greater Albuquerque area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, kid and pet-friendly communities, availability of transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Rio Rancho Apartments
What is the Cheapest Studio apartment in Rio Rancho?
Currently the most affordable Cheap Studio Apartment in Rio Rancho is at Panorama listed at $1,098.
How much is rent for a Cheap One Bedroom Rio Rancho Apartment?
The lowest price for a Cheap One Bedroom Rio Rancho Apartment is $1,218 at Blue Agave Villas.
What is the lowest price for a Cheap Two Bedroom Rio Rancho Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Rio Rancho is starting from $1,146 at Arrowhead Ridge.
What is the most affordable Rio Rancho Three Bedroom Apartment?
The best deal on a cheap Rio Rancho Three Bedroom Apartment rental is at Arrowhead Ridge and starts from $1,066.
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
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.