
Cheap Apartments for Rent in the Rio Rancho Neighborhood of Albuquerque, NM from $800 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rio Rancho area of Albuquerque.


Arrowhead Ridge

The Panorama

537 Tulip Rd SE

Total Monthly Price
Entrada Pointe

652 Vancouver Rd SE, Unit D

Blue Agave Villas
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1011 Meadowlark Ct SE

Meadowlark Apartments

837 1D Country Club Dr SE

Via Vista Apartment Community

Furnished Studio-Albuquerque - Rio Rancho

Furnished Studio-Albuquerque - Rio Rancho Blvd.

Felician Villa I - Senior 55+
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832 Monterrey Rd NE

Felician Villa II - Senior 55+

Links at High Resort

835 1D-81D Country Club Dr SE

925 Country Club Dr SE

931 Country Club Dr SE

628 Pontiac Dr SW
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1864 Blackberry Rd NE

1512 Penasco Rd NE
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 | $1,443 | $1,098 | $1,826 |
| Rio Rancho 1 Bedroom Apartments | $1,574 | $961 | $2,079 |
| Rio Rancho 2 Bedroom Apartments | $1,805 | $940 | $2,894 |
| Rio Rancho 3 Bedroom Apartments | $2,128 | $1,066 | $2,854 |
| Rio Rancho 4 Bedroom Apartments | $2,715 | $2,715 | $2,715 |
Browse Apartments in this Neighborhood
There are currently 23 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. Links at High Resort has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,330. 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 |
| Links at High Resort | Coronado | 1BR,1BA | $1,330 |
| Entrada Pointe | Two Bedroom Two Bathroom | 2BR,2BA | $1,567 |
| Wintergreen Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,600 |
| Blue Agave Villas | The Poblanos | 2BR,1BA | $1,625 |
Best Value Apartments for Rent in Rio Rancho, NM
As of August 04, 2026 the best value apartment in the Rio Rancho area is the $1.72 price per square foot Jade Model at Via Vista Apartment Community in the in the Sunrise Village at Northern Meadows neighborhood starting from $1,956. The second greatest value Rio Rancho apartment is the 2x2TH Model at Meadowlark Apartments starting at $1,699 with a $1.54 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 | 3BR,2BA | $1.72 |
| Meadowlark Apartments | 2x2TH | 2BR,2BA | $1.54 |
| Arrowhead Ridge | Three Bed/Two Bath - 60% AMI | 3BR,2BA | $1.24 |
| The Eleanor at Rio Rancho | B1 | 2BR,2BA | $2.52 |
| Entrada Pointe | Two Bedroom Two Bathroom | 2BR,2BA | $1.74 |
| Wintergreen Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.82 |
| Links at High Resort | Coronado | 1BR,1BA | $1.51 |
| Blue Agave Villas | The Poblanos | 2BR,1BA | $2.12 |
| Affinity at Albuquerque 55+ | 0x1 - A1 | Studio ,1BA | $3.68 |
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 ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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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.
Best Local Schools in Rio Rancho, Albuquerque, NM
Puesta Del Sol Elementary School
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 Cheapest Studio apartment in Rio Rancho?
Currently the most affordable Cheap Studio Apartment in Rio Rancho is at Affinity at Albuquerque 55+ listed at $1,820.
How much is rent for a Cheap One Bedroom Rio Rancho Apartment?
The lowest price for a Cheap One Bedroom Rio Rancho Apartment is $1,330 at Links at High Resort.
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 Arrowhead Ridge and starts from $1,337.
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

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I still recollect my first morning commute in Albuquerque.

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