Cheap Homes for Rent near Los Ranchos de Albuquerque, NM from $800 (11 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Done

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

Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers

Moving to Albuquerque? Find the best neighborhoods near Sandia Labs, Presbyterian Healthcare Services, and UNM. Cut your commute, boost your quality of life, and find your perfect apartment or rental home.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Los Ranchos de Albuquerque, NM Local Guide

Cheapest Available Los Ranchos de Albuquerque Apartments for Rent and Nearby

 

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 $726. 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$726
El Paseo ApartmentsOne-Bedroom1BR,1BA$956
Valley ApartmentsAzure Platinum1BR,1BA$1,050
Aztec ManorSpring into your new home! Beautiful 2 bed 1 bath2BR,1BA$1,050
208 Mescalero Rd NW2/BED 1 /BATH2BR,1BA$1,074

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

As of August 18, 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 Geneva Model at Las Mananitas Apartments starting at $2,135 with a $1.53 price per square foot in the Northwest Quadrant 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
Las Mananitas ApartmentsGeneva3BR,2BA$1.53
Taylor RanchCottonwood (Premium)3BR,2BA$1.55
Villas @ Rio2BR/2.0BA2BR,2BA$1.69
La Cantera Senior Apartments2x12BR,1BA$1.21
208 Mescalero Rd NW2/BED 1 /BATH2BR,1BA$1.34
Aztec ManorSpring into your new home! Beautiful 2 bed 1 bath2BR,1BA$1.31
Arroyo VistaTwo Bedroom2BR,1BA$1.63
Del Rio ApartmentsAspen1BR,1BA$1.67
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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

Explore Los Ranchos De Albuquerque, NM Rentals by Map

View Map
Los Ranchos De Albuquerque, NM Apartments Map
View Map
Los Ranchos De Albuquerque, NM Rental Homes Map

Frequently Asked Questions about Los Ranchos de Albuquerque

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

There are currently 102 Apartments for Rent in Los Ranchos de Albuquerque, NM with pricing that ranges from $726 to $4,257. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Los Ranchos de Albuquerque ranging from $800 to $3,599.

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 $800 to $3,599 with an average monthly rent of $1,900.

How much are larger Three and Four Bedroom Rentals in Los Ranchos de Albuquerque?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Los Ranchos de Albuquerque range from $1,474 to $4,257, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,650. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $4,120.

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

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.

decorative image for Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City article

Albuquerque Uncovered: Your Local Expert's 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 The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach article

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.

decorative image for A Local Expert's Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque article

A Local Expert's 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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.