
Cheap Homes for Rent in the Rio Rancho Neighborhood of Albuquerque, NM from $1,300 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Rio Rancho area of Albuquerque.


835 1D-81D Country Club Dr SE

925 Country Club Dr SE

931 Country Club Dr SE
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628 Pontiac Dr SW

Furnished Studio-Albuquerque - Rio Rancho

Furnished Studio-Albuquerque - Rio Rancho Blvd.

1864 Blackberry Rd NE
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1512 Penasco Rd NE
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 | $1,829 | $1,450 | $2,295 |
| Rio Rancho 3 Bedroom Homes for Rent | $2,222 | $1,800 | $2,550 |
| Rio Rancho 4 Bedroom Homes for Rent | $2,575 | $1,895 | $4,000 |
| Rio Rancho 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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 |
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
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.
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
Frequently Asked Questions about Rio Rancho
What type of rentals are currently available in Rio Rancho?
There are currently 47 Apartments for Rent in Rio Rancho, NM with pricing that ranges from $940 to $2,894. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rio Rancho ranging from $1,375 to $4,000.
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 $1,375 to $4,000 with an average monthly rent of $2,227.
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 $1,066 to $2,854, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $2,550. Four Bedroom Single-Family rentals are also available starting from $1,895 and Four Bedroom Apartments start at $2,715.
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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