
Cheap Apartments for Rent in the Rio Rancho Neighborhood of Albuquerque, NM from $800 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rio Rancho area of Albuquerque.


Blue Agave Villas
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.

1011 Meadowlark Ct SE

Entrada Pointe
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.
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 | $1,407 | $1,098 | $1,876 |
Rio Rancho 1 Bedroom Apartments | $1,688 | $814 | $2,238 |
Rio Rancho 2 Bedroom Apartments | $2,082 | $965 | $2,719 |
Rio Rancho 3 Bedroom Apartments | $2,595 | $1,900 | $3,500 |
Rio Rancho 4 Bedroom Apartments | $2,825 | $2,150 | $3,500 |
Browse Apartments in this Neighborhood
There are currently 6 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 Blue Agave Villas priced from $995. Entrada Pointe has the second lowest priced unit, which is a Studio apartment currently listed from $1,173. Here are the most affordable Rio Rancho apartments for rent in Albuquerque, NM:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Blue Agave Villas | The Grove | 1BR,1BA | $995 |
Entrada Pointe | Studio | Studio,1BA | $1,173 |
Wintergreen Apartments | Studio Unit | Studio,1BA | $1,450 |
Best Value Apartments for Rent in Rio Rancho, NM
As of October 17, 2025 the best value apartment in the Rio Rancho area is the $1.72 price per square foot Quartz Reno Model at Via Vista Apartment Community in the in the Sunrise Village at Northern Meadows neighborhood starting from $1,995. The second greatest value Rio Rancho apartment is the Coronado Model at Links at High Resort starting at $1,625 with a $1.85 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 | Quartz Reno | 3BR,2BA | $1.72 |
Links at High Resort | Coronado | 1BR,1BA | $1.85 |
Affinity at Albuquerque 55+ | 2x1 - C1 | 2BR,1BA | $2.60 |
The Eleanor at Rio Rancho | A5 Duplex | 1BR,1BA | $2.71 |
Meadowlark Apartments | 1x1 | 1BR,1BA | $2.22 |
Wintergreen Apartments | Studio Unit | Studio ,1BA | $2.22 |
Blue Agave Villas | The Bandelier | 1BR,1BA | $2.07 |
Entrada Pointe | Studio | Studio ,1BA | $2.88 |
Furnished Studio-Albuquerque - Rio Rancho | Furnished Studio-Albuquerque - Rio Rancho | Studio ,1BA | $4.86 |
Furnished Studio-Albuquerque - Rio Rancho | Furnished Studio-Albuquerque - Rio Rancho ... | Studio ,1BA | $5.69 |
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 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 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.
Pet Friendly LifestyleRio Rancho, Albuquerque, NM
Ranked #243
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet 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 Entrada Pointe listed at $1,173.
How much is rent for a Cheap One Bedroom Rio Rancho Apartment?
The lowest price for a Cheap One Bedroom Rio Rancho Apartment is $995 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 $1,495 at Blue Agave Villas.
What is the most affordable Rio Rancho Three Bedroom Apartment?
The best deal on a cheap Rio Rancho Three Bedroom Apartment rental is at Via Vista Apartment Community and starts from $1,900.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.