
Cheap Homes for Rent in Rio Rancho Neighborhood of Albuquerque, NM from $1,200 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the Rio Rancho area of Albuquerque.


815 1B-81B Country Club Dr SE

4327 Sabana Loop SE

823 Country Club Dr SE

4313 Sabana Loop 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.

831 Country Club Dr SE

Furnished Studio-Albuquerque - Rio Rancho

811 Country Club Dr SE

892 Rebecca Loop NE

903 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.
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 | $1,421 | $1,300 | $1,500 |
| Rio Rancho 3 Bedroom Homes for Rent | $2,117 | $1,725 | $2,850 |
| Rio Rancho 4 Bedroom Homes for Rent | $2,386 | $1,999 | $2,800 |
| Rio Rancho 5 Bedroom Homes for Rent | $2,609 | $2,000 | $2,995 |
Browse Homes for Rent in this Neighborhood
There are currently 10 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 Blue Agave Villas priced from $1,080. 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 Roadrunner | Studio,1BA | $1,080 |
| Panorama | Studio B | Studio,1BA | $1,098 |
| Entrada Pointe | Studio | Studio,1BA | $1,173 |
Best Value Apartments for Rent in Rio Rancho, NM
As of November 13, 2025 the best value apartment in the Rio Rancho area is the $1.75 price per square foot Amber Model at Via Vista Apartment Community in the in the Sunrise Village at Northern Meadows neighborhood starting from $1,732. The second greatest value Rio Rancho apartment is the 4217 Ridgeway Ct Model at 4217 Ridgeway Ct, Unit C starting at $1,300 with a $1.44 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 | 2BR,2BA | $1.75 |
| 4217 Ridgeway Ct, Unit C | 4217 Ridgeway Ct | 2BR,2BA | $1.44 |
| Links at High Resort | Coronado | 1BR,1BA | $1.69 |
| The Eleanor at Rio Rancho | A5 Duplex | 1BR,1BA | $2.71 |
| Affinity at Albuquerque 55+ | 1x1 - B1 | 1BR,1BA | $2.61 |
| Meadowlark Apartments | 1x1 | 1BR,1BA | $2.22 |
| Wintergreen Apartments | Studio Unit | Studio ,1BA | $2.22 |
| Blue Agave Villas | The Roadrunner | Studio ,1BA | $2.37 |
| 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 ArticleApartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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 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.
Pet Friendly LifestyleRio Rancho, Albuquerque, NM
Ranked #252
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet 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 44 Apartments for Rent in Rio Rancho, NM with pricing that ranges from $814 to $3,500. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rio Rancho ranging from $1,200 to $2,995.
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 $1,200 to $2,995 with an average monthly rent of $2,026.
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 $1,689 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,725 to $2,850. Four Bedroom Single-Family rentals are also available starting from $1,999 and Four Bedroom Apartments start at $3,500.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.