Cheap Apartments for Rent in the Rio Rancho Neighborhood of Albuquerque, NM from $800 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Rio Rancho area of Albuquerque.

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.

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.

Rio Rancho, Albuquerque, NM Local Guide

Cheapest Available Rio Rancho Apartments for Rent

 

The cheapest available apartment rental in the Rio Rancho area of Albuquerque, NM is a Studio unit found at Blue Agave Villas priced from $1,125. 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 ListingModel NameBed/BathPriced From
Blue Agave VillasThe RoadrunnerStudio,1BA$1,125
Entrada PointeStudioStudio,1BA$1,173
Wintergreen ApartmentsStudio UnitStudio,1BA$1,450
Links at High ResortCoronado1BR,1BA$1,500
Meadowlark Apartments1x11BR,1BA$1,520

Best Value Apartments for Rent in Rio Rancho, NM

As of December 01, 2025 the best value apartment in the Rio Rancho area is the $1.82 price per square foot Amber Reno Model at Via Vista Apartment Community in the in the Sunrise Village at Northern Meadows neighborhood starting from $1,802. The second greatest value Rio Rancho apartment is the 4217 Ridgeway Ct Model at 4217 Ridgeway Ct, Unit C starting at $1,300 with a $1.44 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Via Vista Apartment CommunityAmber Reno2BR,2BA$1.82
4217 Ridgeway Ct, Unit C4217 Ridgeway Ct2BR,2BA$1.44
Links at High ResortCoronado1BR,1BA$1.70
The Eleanor at Rio RanchoA51BR,1BA$2.75
Affinity at Albuquerque 55+1x1 - B11BR,1BA$2.61
Meadowlark Apartments1x11BR,1BA$2.25
Wintergreen ApartmentsStudio UnitStudio ,1BA$2.22
Blue Agave VillasThe RoadrunnerStudio ,1BA$2.47
Entrada PointeStudioStudio ,1BA$2.88

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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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.

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The 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.

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Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Rio Rancho, Albuquerque, NM

Ranked #245

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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!

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

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 Blue Agave Villas listed at $1,125.

How much is rent for a Cheap One Bedroom Rio Rancho Apartment?

The lowest price for a Cheap One Bedroom Rio Rancho Apartment is $1,260 at Entrada Pointe.

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 $1,505 at Links at High Resort.

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 $1,655.

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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.