
Cheap Homes for Rent in Rio Rancho Neighborhood of Albuquerque, NM from $1,500 (17 Rentals)
Search the lowest-cost Homes available for rent right now in the Rio Rancho area of Albuquerque.


3923 Barbara Loop SE
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916 Tiffin Meadows Dr

420 Vancouver Pl SE

5605 Crown Ridge Rd NW

956 Harrison Dr NE

1117 Sand Dune Rd NE
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89 Idaho Creek Rd NE

780 Archibeque Ave SE

540 Sedona Meadows Dr NE

819 Madeira Dr SE

3509 Tierra Abierta Pl NE

4300 Snow Heights Cir SE

10746 Gemini Ct NW
Check Out Albuquerque’s Best Affordable Neighborhoods
Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi

2903 Turf Ln SE

3850 Desert Pinon Dr NE

1607 Costilla Rd
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 | $1,598 | $1,500 | $1,700 |
Rio Rancho 3 Bedroom Homes for Rent | $2,138 | $1,700 | $2,700 |
Rio Rancho 4 Bedroom Homes for Rent | $2,333 | $1,750 | $2,500 |
Rio Rancho 5 Bedroom Homes for Rent | $3,475 | $2,950 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 17 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 Felician Villa I - Senior 55+ priced from $929. Blue Agave Villas has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here are the most affordable Rio Rancho apartments for rent in Albuquerque, NM:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Felician Villa I - Senior 55+ | One Bedroom | 1BR,1BA | $929 |
Blue Agave Villas | The Bandelier | 1BR,1BA | $1,295 |
Links at High Resort | Coronado | 1BR,1BA | $1,330 |
Meadowlark Apartments | 1x1 | 1BR,1BA | $1,359 |
Wintergreen Apartments | Studio Unit | Studio,1BA | $1,600 |
Best Value Apartments for Rent in Rio Rancho, NM
As of June 09, 2025 the best value apartment in the Rio Rancho area is the $1.77 price per square foot Amber Reno Model at Via Vista Apartment Community in the in the Sunrise Village at Northern Meadows neighborhood starting from $1,745. The second greatest value Rio Rancho apartment is the Coronado Model at Links at High Resort starting at $1,330 with a $1.51 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 | $1.77 |
Links at High Resort | Coronado | 1BR,1BA | $1.51 |
Meadowlark Apartments | 1x1 | 1BR,1BA | $2.01 |
Wintergreen Apartments | Studio Unit | Studio ,1BA | $2.45 |
Felician Villa I - Senior 55+ | One Bedroom | 1BR,1BA | $1.44 |
Blue Agave Villas | The Bandelier | 1BR,1BA | $2.07 |
Affinity at Albuquerque 55+ | 0x1 - A1 | Studio ,1BA | $3.68 |
Furnished Studio-Albuquerque - Rio Rancho | Furnished Studio-Albuquerque - Rio Rancho | Studio ,1BA | $4.95 |
Furnished Studio-Albuquerque - Rio Rancho | Furnished Studio-Albuquerque - Rio Rancho ... | Studio ,1BA | $6.29 |
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Frequently Asked Questions about Rio Rancho
What type of rentals are currently available in Rio Rancho?
There are currently 56 Apartments for Rent in Rio Rancho, NM with pricing that ranges from $929 to $3,500. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rio Rancho ranging from $1,500 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 $1,500 to $4,000 with an average monthly rent of $2,386.
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 $1,880 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $2,349.
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 Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.