
Cheap Homes for Rent in Rio Rancho Neighborhood of Albuquerque, NM from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Rio Rancho area of Albuquerque.


839 Country Club Dr SE

1316 F Grande Blvd SE
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.

652 Vancouver Rd SE

937 Country Club Dr SE

825 Country Club Dr SE
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.

Furnished Studio-Albuquerque - Rio Rancho
Rio Rancho, Albuquerque, NM Local Guide

How much does it cost to rent a home in Rio Rancho?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rio Rancho 2 Bedroom Homes for Rent | $1,505 | $998 | $1,849 |
| Rio Rancho 3 Bedroom Homes for Rent | $2,223 | $1,725 | $3,000 |
| Rio Rancho 4 Bedroom Homes for Rent | $2,539 | $2,000 | $3,750 |
| Rio Rancho 5 Bedroom Homes for Rent | $2,872 | $2,795 | $2,950 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 3 Beds unit found at Arrowhead Ridge priced from $1,066. Panorama has the second lowest priced unit, which is a Studio apartment currently listed from $1,098. Here are the most affordable Rio Rancho apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arrowhead Ridge | Mesa 50% | 3BR,2BA | $1,066 |
| Panorama | Studio B | Studio,1BA | $1,098 |
| Entrada Pointe | Studio | Studio,1BA | $1,197 |
Best Value Apartments for Rent in Rio Rancho, NM
As of March 19, 2026 the best value apartment in the Rio Rancho area is the $1.24 price per square foot Mesa 60% Model at Arrowhead Ridge in the in the Sunrise Village at Northern Meadows neighborhood starting from $1,337. The second greatest value Rio Rancho apartment is the Amber Model at Via Vista Apartment Community starting at $1,718 with a $1.74 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. |
|---|---|---|---|
| Arrowhead Ridge | Mesa 60% | 3BR,2BA | $1.24 |
| Via Vista Apartment Community | Amber | 2BR,2BA | $1.74 |
| Wintergreen Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.88 |
| Links at High Resort | Coronado | 1BR,1BA | $1.60 |
| The Eleanor at Rio Rancho | A4 | 1BR,1BA | $3.00 |
| Affinity at Albuquerque 55+ | 1x1 - B1 | 1BR,1BA | $2.61 |
| Meadowlark Apartments | 1x1 | 1BR,1BA | $2.26 |
| Blue Agave Villas | The Grove | 1BR,1BA | $2.03 |
| Entrada Pointe | Studio | Studio ,1BA | $2.93 |
| Panorama | Studio B | Studio ,1BA | $3.26 |
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.
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
School data provided by Great Schools
Frequently Asked Questions about Rio Rancho
What type of rentals are currently available in Rio Rancho?
There are currently 41 Apartments for Rent in Rio Rancho, NM with pricing that ranges from $814 to $3,500. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rio Rancho ranging from $998 to $3,750.
What is the current price range for Rental Homes in Rio Rancho?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Rio Rancho ranges from $998 to $3,750 with an average monthly rent of $2,067.
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.
Articles, How-To's, and Tips

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.