Cheap Homes for Rent in Los Ranchos de Albuquerque, NM from $700 (15 Rentals)

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Search the lowest-cost Homes available for rent right now in Los Ranchos de Albuquerque.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 3732 3rd St NW

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 1 Bath Home for Rent

Available Now

3732 3rd St NW

AlbuquerqueNM87107

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.

property at 7400 Santa Fe Trl NW

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

3 Bedroom, 2 Bath Home for Rent

Available Now

7400 Santa Fe Trl NW

AlbuquerqueNM87120

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.

Los Ranchos de Albuquerque, NM Local Guide

Cheapest Available Los Ranchos de Albuquerque Apartments for Rent

 

The cheapest available apartment rental in Los Ranchos de Albuquerque, NM is a Studio unit found at Desert Creek Apartments in the Northwest Quadrant neighborhood priced from $735. El Paseo Apartments in the Northwest Quadrant neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $956. Here is today’s list of the most affordable Los Ranchos de Albuquerque apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Desert Creek ApartmentsSRO-Sleeping room onlyStudio,1BA$735
El Paseo ApartmentsOne-Bedroom1BR,1BA$956
Arroyo VistaOne Bedroom1BR,1BA$971
Valley ApartmentsAzure Platinum1BR,1BA$1,100
Lifestyles at Renaissance1 Bed, 1 Bath1BR,1BA$1,134

Best Value Apartments for Rent in Los Ranchos de Albuquerque, NM

As of May 19, 2026 the best value apartment in the Los Ranchos de Albuquerque area is the $1.40 price per square foot 3BR/2.5BA Model at Horizon Village in the in the Baloon Fiesta Park neighborhood starting from $2,850. The second greatest value Los Ranchos de Albuquerque apartment is the Cypress (LUX) Model at Cottonwood Ranch starting at $1,645 with a $1.50 price per square foot in the Sunrise Village at Northern Meadows neighborhood. Here is today’s list of the best values for Los Ranchos de Albuquerque apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Horizon Village3BR/2.5BA3BR,2.5BA$1.40
Cottonwood RanchCypress (LUX)2BR,2BA$1.50
Villas @ Rio2BR/2.0BA2BR,2BA$1.75
Poblana PlaceL 2/22BR,2BA$1.80
La Cantera Senior Apartments2x12BR,1BA$1.21
Arroyo VistaTwo Bedroom2BR,1BA$1.48
Del Rio ApartmentsAspen1BR,1BA$1.72
Peaks at Los RanchosDesert Breeze Renovated1BR,1BA$1.63
Cresta North ValleyRenovated1BR,1BA$1.75
El Paseo ApartmentsOne-Bedroom1BR,1BA$1.71

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.

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Don'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.

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Real 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Los Ranchos de Albuquerque

What type of rentals are currently available in Los Ranchos de Albuquerque?

There are currently 99 Apartments for Rent in Los Ranchos de Albuquerque, NM with pricing that ranges from $735 to $3,995. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Los Ranchos de Albuquerque ranging from $700 to $5,200.

What is the current price range for Rental Homes in Los Ranchos de Albuquerque?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Los Ranchos de Albuquerque ranges from $700 to $5,200 with an average monthly rent of $2,023.

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.

Helpful Local Expert Guides

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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.

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The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach

Written by: Esther Lombardi

There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.

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Albuquerque Uncovered: Your Local Experts Guide to the High Desert City

Written by: Esther Lombardi

Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.

decorative image for Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers   article

Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers

Written by: Esther Lombardi

I still recollect my first morning commute in Albuquerque.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.