
Cheap Homes for Rent in Rio Rancho Neighborhood of Albuquerque, NM from $1,300 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Rio Rancho area of Albuquerque.


831 Country Club Dr SE

652 Vancouver Rd SE

4313 Sabana Loop SE

Furnished Studio-Albuquerque - Rio Rancho

1368 Lil Ave NE
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.

811 Country Club Dr SE

1305 Rio Rancho Blvd SE

1109 Meadowlark Way SE

3000 Chimayo Meadows Dr NE

3440 Morgan Meadows

344 Coral Dr NE
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

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 | $1,474 | $1,300 | $1,695 |
| Rio Rancho 3 Bedroom Homes for Rent | $2,038 | $1,650 | $2,650 |
| Rio Rancho 4 Bedroom Homes for Rent | $2,354 | $1,850 | $3,500 |
| Rio Rancho 5 Bedroom Homes for Rent | $2,653 | $2,600 | $2,699 |
Browse Homes for Rent in this Neighborhood
There are currently 12 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 Studio unit found at Panorama priced from $1,098. Blue Agave Villas has the second lowest priced unit, which is a Studio apartment currently listed from $1,125. Here are the most affordable Rio Rancho apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Panorama | Studio B | Studio,1BA | $1,098 |
| Blue Agave Villas | The Roadrunner | Studio,1BA | $1,125 |
| Entrada Pointe | Studio | Studio,1BA | $1,173 |
| Meadowlark Apartments | 1x1 | 1BR,1BA | $1,449 |
| Wintergreen Apartments | Studio Unit | Studio,1BA | $1,450 |
Best Value Apartments for Rent in Rio Rancho, NM
As of January 02, 2026 the best value apartment in the Rio Rancho area is the $1.84 price per square foot Amber Reno Model at Via Vista Apartment Community in the in the Sunrise Village at Northern Meadows neighborhood starting from $1,814. The second greatest value Rio Rancho apartment is the Coronado Model at Links at High Resort starting at $1,465 with a $1.66 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 | Amber Reno | 2BR,2BA | $1.84 |
| Links at High Resort | Coronado | 1BR,1BA | $1.66 |
| 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 | $2.15 |
| Wintergreen Apartments | Studio Unit | Studio ,1BA | $2.22 |
| Blue Agave Villas | The Roadrunner | Studio ,1BA | $2.47 |
| Entrada Pointe | Studio | Studio ,1BA | $2.88 |
| Panorama | Studio B | Studio ,1BA | $3.26 |
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 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 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rio Rancho ranging from $1,300 to $3,500.
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 $1,300 to $3,500 with an average monthly rent of $2,129.
How much are larger Three and Four Bedroom Rentals in Rio Rancho?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Rio Rancho range from $1,720 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $2,650. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $2,395.
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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.