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$1,550 - $2,000Studio 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 $600 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rio Rancho area of Albuquerque.
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$1,829 - $2,909Studio to 2 Bedroom Apartments Available Now
Affinity at Albuquerque 55+
10700 Fineland Dr NWAlbuquerque, NM 87114
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$1,555 - $2,2162 to 3 Bedroom Apartments Available Now
Via Vista Apartment Community
532 Cancun Loop NERio Rancho, NM 87124
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$1,284 - $1,580
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,284 - $1,580
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Entrada Pointe
900 Country Club DrRio Rancho, NM 87124
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$1,195 - $1,620Studio to 2 Bedroom Apartments Available Now
Blue Agave Villas
4101 Meadowlark Ln SERio Rancho, NM 87124
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$1,369 - $1,6991 to 2 Bedroom Apartments Available Now
Meadowlark Apartments
4201 Meadowlark Ln SERio Rancho, NM 87124
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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$970 - $1,475Studio to 1 Bedroom Apartments Available May 10
The Panorama
1465 Rio Rancho Blvd SERio Rancho, NM 87124
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5 Bedroom Apartments
Chocolate Turtle B&B
1098 W Meadowlark LnCorrales, NM 87048
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2 Bedroom Apartments
1061 Meadowlark Court SE
1061 Meadowlark Court SERio Rancho, NM 87124
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2 Bedroom Apartments
483 Vancouver Rd SE
483 Vancouver Rd SERio Rancho, NM 87124
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2 Bedroom Apartments
1040 Meadowlark Ct SE
1040 Meadowlark Ct SERio Rancho, NM 87124
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1 to 3 Bedroom Apartments
Links at High Resort
201 Pinnacle Dr 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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Studio to 2 Bedroom Apartments
The Rio Grande Gracious Retirement Living
2331 Westside BlvdRio Rancho, NM 87124
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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 | $1,429 | $1,098 | $1,917 |
| Rio Rancho 1 Bedroom Apartments | $1,693 | $650 | $2,257 |
| Rio Rancho 2 Bedroom Apartments | $1,853 | $940 | $2,909 |
| Rio Rancho 3 Bedroom Apartments | $2,409 | $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 13 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 2 Beds unit found at Arrowhead Ridge priced from $940. Blue Agave Villas has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,195. 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 |
| Blue Agave Villas | The Grove | 1BR,1BA | $1,195 |
| Meadowlark Apartments | 1x1 | 1BR,1BA | $1,369 |
| Links at High Resort | Coronado | 1BR,1BA | $1,400 |
| Entrada Pointe | Two Bedroom One Bathroom | 2BR,1BA | $1,540 |
Best Value Apartments for Rent in Rio Rancho, NM
As of May 05, 2026 the best value apartment in the Rio Rancho area is the $1.67 price per square foot Jade Reno Model at Via Vista Apartment Community in the in the Sunrise Village at Northern Meadows neighborhood starting from $1,900. The second greatest value Rio Rancho apartment is the Two Bed/Two Bath - 50% AMI Model at Arrowhead Ridge starting at $940 with a $0.97 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 | Jade Reno | 3BR,2BA | $1.67 |
| Arrowhead Ridge | Two Bed/Two Bath - 50% AMI | 2BR,2BA | $0.97 |
| Wintergreen Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.85 |
| Links at High Resort | Coronado | 1BR,1BA | $1.59 |
| Blue Agave Villas | The Poblanos | 2BR,1BA | $2.08 |
| The Eleanor at Rio Rancho | A4 | 1BR,1BA | $3.00 |
| Entrada Pointe | Two Bedroom One Bathroom | 2BR,1BA | $2.14 |
| Meadowlark Apartments | 1x1 | 1BR,1BA | $2.03 |
| Affinity at Albuquerque 55+ | 0x1 - A1 | Studio ,1BA | $3.82 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
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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.
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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.
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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 Affinity at Albuquerque 55+ listed at $1,893.
How much is rent for a Cheap One Bedroom Rio Rancho Apartment?
The lowest price for a Cheap One Bedroom Rio Rancho Apartment is $1,195 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 $940 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 Links at High Resort and starts from $1,785.
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.
Articles, How-To's, and Tips
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.