close
View Me
Rent Specials
$1,625 - $2,200Studio to 2 Bedroom Apartments Available Now
Wintergreen Apartments
10800 Golf Course Rd NWAlbuquerque, NM 87114
Cheap Apartments for Rent in the Rio Rancho Neighborhood of Albuquerque, NM from $800 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rio Rancho area of Albuquerque.
180 Itasca Rd SE
Rio RanchoNM87124
close
View Me
$940 - $1,3371 to 3 Bedroom Apartments Available Now
Arrowhead Ridge
4515 Arrowhead Ridge Dr SERio Rancho, NM 87124
close
View Me
$970 - $1,098Studio Apartments Available Now
The Panorama
1465 Rio Rancho Blvd SERio Rancho, NM 87124
619 Vancouver Rd SE
Rio RanchoNM87124
1011 Meadowlark Ct SE
Rio RanchoNM87124
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.
close
View Me
$1,260Studio Apartments Available Now
Furnished Studio-Albuquerque - Rio Rancho
2608 American Rd NWRio Rancho, NM 87124
close
View Me
Rent Specials
$1,280 - $1,620Studio to 2 Bedroom Apartments Available Now
Blue Agave Villas
4101 Meadowlark Ln SERio Rancho, NM 87124
close
View Me
Rent Specials
$1,284 - $1,567
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,284 - $1,567
Total Monthly Price
Varies
Entrada Pointe
900 Country Club DrRio Rancho, NM 87124
close
View Me
$1,4503 Bedroom Apartment Available Now
4217 Ridgeway Ct, Unit A
4217 Ridgeway CtRio Rancho, NM 87124
close
View Me
Rent Specials
$1,489 - $1,7741 to 2 Bedroom Apartments Available Now
Meadowlark Apartments
4201 Meadowlark Ln SERio Rancho, NM 87124
close
View Me
Rent Specials
$1,555 - $2,2442 to 3 Bedroom Apartments Available Now
Via Vista Apartment Community
532 Cancun Loop NERio 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.
604 Fountain Ct SE
Rio RanchoNM87124
close
View Me
$1,708Studio Apartments Available Now
Furnished Studio-Albuquerque - Rio Rancho Blvd.
2221 Rio Rancho Blvd SERio Rancho, NM 87124
3305 Tin Cup Rd
Rio RanchoNM87144
close
View Me
1 to 2 Bedroom Apartments
Felician Villa I - Senior 55+
1301 Stephanie Rd SERio Rancho, NM 87124
close
View Me
1 to 2 Bedroom Apartments
Felician Villa II - Senior 55+
1325 Stephanie RdRio Rancho, NM 87124
close
View Me
1 to 3 Bedroom Apartments
Links at High Resort
201 Pinnacle Dr SERio Rancho, NM 87124
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.
1841 Blackberry Rd NE
Rio RanchoNM87144
833 Country Club Dr SE
Rio RanchoNM87124
1008 Harrison Dr NE
Rio RanchoNM87144
1825 Peach Rd NE
Rio RanchoNM87144
925 Country Club Dr SE
Rio RanchoNM87124
21 Corsica Dr SE
Rio RanchoNM87124
Cash 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.
3146 Chama Meadows Dr NE
Rio RanchoNM87144
874 Baltic Ave SE
Rio RanchoNM87124
2125 Sierra Ln NE
Rio RanchoNM87144
Showing Results 1-27, 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 | $1,267 | $970 | $1,967 |
| Rio Rancho 1 Bedroom Apartments | $1,642 | $961 | $2,079 |
| Rio Rancho 2 Bedroom Apartments | $1,803 | $940 | $2,894 |
| Rio Rancho 3 Bedroom Apartments | $2,203 | $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 27 rentals with your search options within a 2 mile radius of the Rio Rancho Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Rio Rancho, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Rio Rancho Apartments for Rent
The cheapest available apartment rental in the Rio Rancho area of Albuquerque, NM is a 2 Beds unit found at Arrowhead Ridge priced from $940. Entrada Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,284. Here are the most affordable Rio Rancho apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arrowhead Ridge | Two Bed/Two Bath - 60% AMI | 2BR,2BA | $940 |
| Entrada Pointe | One Bedroom One Bathroom | 1BR,1BA | $1,284 |
| Links at High Resort | Coronado | 1BR,1BA | $1,325 |
| Meadowlark Apartments | 1x1 | 1BR,1BA | $1,489 |
| Blue Agave Villas | The Poblanos | 2BR,1BA | $1,595 |
| Wintergreen Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,625 |
| The Eleanor at Rio Rancho | A5 Duplex | 1BR,1BA | $1,825 |
| Affinity at Albuquerque 55+ | 1x1 - B1 | 1BR,1BA | $1,829 |
| Via Vista Apartment Community | Jade Reno | 3BR,2BA | $1,910 |
Best Value Apartments for Rent in Rio Rancho, NM
As of June 20, 2026 the best value apartment in the Rio Rancho area is the $1.24 price per square foot 4217 Ridgeway Ct Model at 4217 Ridgeway Ct, Unit A in the in the Sunrise Village at Northern Meadows neighborhood starting from $1,450. The second greatest value Rio Rancho apartment is the Quartz Reno Model at Via Vista Apartment Community starting at $2,005 with a $1.73 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. |
|---|---|---|---|
| 4217 Ridgeway Ct, Unit A | 4217 Ridgeway Ct | 3BR,2BA | $1.24 |
| Via Vista Apartment Community | Quartz Reno | 3BR,2BA | $1.73 |
| Arrowhead Ridge | Three Bed/Two Bath - 60% AMI | 3BR,2BA | $1.24 |
| Links at High Resort | Coronado | 1BR,1BA | $1.51 |
| Wintergreen Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.85 |
| Blue Agave Villas | The Poblanos | 2BR,1BA | $2.08 |
| The Eleanor at Rio Rancho | A5 | 1BR,1BA | $2.75 |
| Affinity at Albuquerque 55+ | 1x1 - B1 | 1BR,1BA | $2.61 |
| Meadowlark Apartments | 1x1 | 1BR,1BA | $2.21 |
| Entrada Pointe | One Bedroom One Bathroom | 1BR,1BA | $2.29 |
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.
Read ArticleReal 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.
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.
Let everyone know!
Do you know the Rio Rancho area?
If you’re an expert on all things Rio Rancho, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Rio Rancho, Albuquerque, NM
School data provided by Great Schools
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 price of a cheap apartment in Rio Rancho?
The cheapest apartment in Rio Rancho is Entrada Pointe which is listed at $1,284, while the average apartment in Rio Rancho costs $2,169.
What types of apartments are the cheapest in Rio Rancho?
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 11 regular apartments in Rio Rancho 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 Rancho?
Cheap apartments in Rio Rancho have an average cost of $177 which is $1,992 cheaper than the average rent for all rentals in Rio Rancho.
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.
Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.
Articles, How-To's, and Tips
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.