
Cheap Apartments for Rent in the Rio Rancho Neighborhood of Albuquerque, NM from $900 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rio Rancho area of Albuquerque.


Entrada Pointe

Blue Agave Villas

1000 Meadowlark Ct SE
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Meadowlark Apartments

3023 Southern Blvd SE

1105 Meadowlark Way SE

Furnished Studio-Albuquerque - Rio Rancho
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

923 Country Club Dr SE
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 | $1,523 | $1,143 | $1,887 |
Rio Rancho 1 Bedroom Apartments | $1,615 | $929 | $2,179 |
Rio Rancho 2 Bedroom Apartments | $2,030 | $1,104 | $2,719 |
Rio Rancho 3 Bedroom Apartments | $2,206 | $1,780 | $3,500 |
Rio Rancho 4 Bedroom Apartments | $2,953 | $2,349 | $4,400 |
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 1 Bed unit found at Felician Villa I - Senior 55+ priced from $929. Blue Agave Villas has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here are the most affordable Rio Rancho apartments for rent in Albuquerque, NM:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Felician Villa I - Senior 55+ | One Bedroom | 1BR,1BA | $929 |
Blue Agave Villas | The Bandelier | 1BR,1BA | $1,295 |
Links at High Resort | Coronado | 1BR,1BA | $1,330 |
Meadowlark Apartments | 1x1 | 1BR,1BA | $1,359 |
Wintergreen Apartments | Studio Unit | Studio,1BA | $1,600 |
Best Value Apartments for Rent in Rio Rancho, NM
As of June 10, 2025 the best value apartment in the Rio Rancho area is the $1.64 price per square foot Citrine Model at Via Vista Apartment Community in the in the Sunrise Village at Northern Meadows neighborhood starting from $1,710. The second greatest value Rio Rancho apartment is the Coronado Model at Links at High Resort starting at $1,330 with a $1.51 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. |
---|---|---|---|
Via Vista Apartment Community | Citrine | 2BR,2BA | $1.64 |
Links at High Resort | Coronado | 1BR,1BA | $1.51 |
Meadowlark Apartments | 1x1 | 1BR,1BA | $2.01 |
Wintergreen Apartments | Studio Unit | Studio ,1BA | $2.45 |
Felician Villa I - Senior 55+ | One Bedroom | 1BR,1BA | $1.44 |
Blue Agave Villas | The Grove | 1BR,1BA | $2.11 |
Affinity at Albuquerque 55+ | 0x1 - A1 | Studio ,1BA | $3.68 |
Panorama | Studio A | Studio ,1BA | $3.11 |
Furnished Studio-Albuquerque - Rio Rancho | Furnished Studio-Albuquerque - Rio Rancho | Studio ,1BA | $4.95 |
Furnished Studio-Albuquerque - Rio Rancho | Furnished Studio-Albuquerque - Rio Rancho ... | Studio ,1BA | $6.29 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleRio Rancho, Albuquerque, NM
Ranked #225
Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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!
Getting Around the Rio Rancho Neighborhood in Albuquerque, NM
Walk Score®
38 / 100
Car-Dependent
Most errands require a car
Bike Score®
42 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,200.
How much is rent for a Cheap One Bedroom Rio Rancho Apartment?
The lowest price for a Cheap One Bedroom Rio Rancho Apartment is $929 at Felician Villa I - Senior 55+.
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 $1,104 at Felician Villa I - Senior 55+.
What is the most affordable Rio Rancho Three Bedroom Apartment?
The best deal on a cheap Rio Rancho Three Bedroom Apartment rental is at Links at High Resort and starts from $1,735.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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 Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.