
Cheap Homes for Rent in Rio Rancho Neighborhood of Albuquerque, NM from $1,300 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Rio Rancho area of Albuquerque.


1928 Lee Loop 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.

1113 Meadowlark Way SE

833 Country Club Dr SE

813 Country Club Dr SE

811 Country Club Dr SE

939 Country Club Dr SE

931 Country Club Dr SE

900 Charles Dr NE
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

4705 La Encina Ct SE

567 Apache Loop SW

956 Harrison Dr NE
The 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.

270 Littler Dr SE

1121 Meadowlark Way SE

351 Western Hills Dr SE

4420 Denise Dr 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 | $1,524 | $1,330 | $1,695 |
Rio Rancho 3 Bedroom Homes for Rent | $2,028 | $1,500 | $2,800 |
Rio Rancho 4 Bedroom Homes for Rent | $2,492 | $1,895 | $3,750 |
Rio Rancho 5 Bedroom Homes for Rent | $2,998 | $2,595 | $3,600 |
Browse Homes for Rent in this Neighborhood
There are currently 16 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 1 Bed unit found at Blue Agave Villas priced from $995. 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 |
---|---|---|---|
Blue Agave Villas | The Grove | 1BR,1BA | $995 |
Panorama | Studio B | Studio,1BA | $1,098 |
Entrada Pointe | Studio | Studio,1BA | $1,173 |
Via Vista Apartment Community | Citrine | 2BR,2BA | $1,525 |
Links at High Resort | Coronado | 1BR,1BA | $1,585 |
Best Value Apartments for Rent in Rio Rancho, NM
As of September 11, 2025 the best value apartment in the Rio Rancho area is the $1.72 price per square foot Quartz Reno Model at Via Vista Apartment Community in the in the Sunrise Village at Northern Meadows neighborhood starting from $1,995. The second greatest value Rio Rancho apartment is the 4257 Sabana Loop SE Model at 4257 Sabana Loop SE, Unit D starting at $1,400 with a $1.40 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 | Quartz Reno | 3BR,2BA | $1.72 |
4257 Sabana Loop SE, Unit D | 4257 Sabana Loop SE | 2BR,2BA | $1.40 |
Links at High Resort | Coronado | 1BR,1BA | $1.80 |
Affinity at Albuquerque 55+ | 1x1 - B1 | 1BR,1BA | $2.61 |
Wintergreen Apartments | Studio Unit | Studio ,1BA | $2.48 |
Blue Agave Villas | The Bandelier | 1BR,1BA | $2.08 |
Entrada Pointe | Studio | Studio ,1BA | $2.88 |
Panorama | Studio B | Studio ,1BA | $3.26 |
Furnished Studio-Albuquerque - Rio Rancho | Furnished Studio-Albuquerque - Rio Rancho | Studio ,1BA | $5.53 |
Furnished Studio-Albuquerque - Rio Rancho | Furnished Studio-Albuquerque - Rio Rancho ... | Studio ,1BA | $6.51 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleRio Rancho, Albuquerque, NM
Ranked #289
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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 48 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 $1,330 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 $1,330 to $3,750 with an average monthly rent of $2,260.
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 $1,885 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,895 and Four Bedroom Apartments start at $2,100.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.