180 Itasca Rd SE
Rio RanchoNM87124
Cheap Homes for Rent in Rio Rancho Neighborhood of Albuquerque, NM from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Rio Rancho area of Albuquerque.
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$1,260Studio Apartments Available Now
Furnished Studio-Albuquerque - Rio Rancho
2608 American Rd NWRio Rancho, NM 87124
1841 Blackberry Rd NE
Rio RanchoNM87144
833 Country Club Dr SE
Rio RanchoNM87124
1008 Harrison Dr NE
Rio RanchoNM87144
1825 Peach Rd NE
Rio RanchoNM87144
604 Fountain Ct SE
Rio RanchoNM87124
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.
925 Country Club Dr SE
Rio RanchoNM87124
21 Corsica Dr SE
Rio RanchoNM87124
3146 Chama Meadows Dr NE
Rio RanchoNM87144
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$1,708Studio Apartments Available Now
Furnished Studio-Albuquerque - Rio Rancho Blvd.
2221 Rio Rancho Blvd SERio Rancho, NM 87124
874 Baltic Ave SE
Rio RanchoNM87124
3305 Tin Cup Rd
Rio RanchoNM87144
2125 Sierra Ln NE
Rio RanchoNM87144
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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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 | $1,727 | $1,500 | $2,295 |
| Rio Rancho 3 Bedroom Homes for Rent | $2,207 | $1,600 | $2,950 |
| Rio Rancho 4 Bedroom Homes for Rent | $2,604 | $2,000 | $5,000 |
| Rio Rancho 5 Bedroom Homes for Rent | $2,975 | $2,975 | $2,975 |
| Rio Rancho 6 Bedroom Homes for Rent | $625 | $625 | $625 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 14 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. Entrada Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,284. 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 |
| Entrada Pointe | One Bedroom One Bathroom | 1BR,1BA | $1,284 |
| Links at High Resort | Coronado | 1BR,1BA | $1,325 |
| Meadowlark Apartments | 1x1 | 1BR,1BA | $1,489 |
| Blue Agave Villas | The Poblanos | 2BR,1BA | $1,595 |
Best Value Apartments for Rent in Rio Rancho, NM
As of June 20, 2026 the best value apartment in the Rio Rancho area is the $1.24 price per square foot 4217 Ridgeway Ct Model at 4217 Ridgeway Ct, Unit A in the in the Sunrise Village at Northern Meadows neighborhood starting from $1,450. The second greatest value Rio Rancho apartment is the Quartz Reno Model at Via Vista Apartment Community starting at $2,005 with a $1.73 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. |
|---|---|---|---|
| 4217 Ridgeway Ct, Unit A | 4217 Ridgeway Ct | 3BR,2BA | $1.24 |
| Via Vista Apartment Community | Quartz Reno | 3BR,2BA | $1.73 |
| Arrowhead Ridge | Three Bed/Two Bath - 60% AMI | 3BR,2BA | $1.24 |
| Links at High Resort | Coronado | 1BR,1BA | $1.51 |
| Wintergreen Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.85 |
| Blue Agave Villas | The Poblanos | 2BR,1BA | $2.08 |
| The Eleanor at Rio Rancho | A5 | 1BR,1BA | $2.75 |
| Affinity at Albuquerque 55+ | 1x1 - B1 | 1BR,1BA | $2.61 |
| Meadowlark Apartments | 1x1 | 1BR,1BA | $2.21 |
| Entrada Pointe | One Bedroom One Bathroom | 1BR,1BA | $2.29 |
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 Article
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 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.
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Best Local Schools in Rio Rancho, Albuquerque, NM
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Frequently Asked Questions about Rio Rancho
What type of rentals are currently available in Rio Rancho?
There are currently 44 Apartments for Rent in Rio Rancho, NM with pricing that ranges from $940 to $3,500. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rio Rancho ranging from $625 to $5,000.
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 $625 to $5,000 with an average monthly rent of $2,027.
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.
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A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque
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Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.
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Pet-Friendly Renting: Everything You Need to Know Before You Move
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.