Cheap Apartments for Rent in Rio Communities, NM from $500 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in Rio Communities.

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The Loop @950
Studio to 4 Bedroom Apartments

The Loop @950

950 Louisiana Blvd SEAlbuquerque, NM 87108
  • Utilities Included
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Adobe Manor Apartments
Studio Apartments

Adobe Manor Apartments

7412 Central Ave SWAlbuquerque, NM 87121
Affordability
  • Utilities Included
  • Smoke Free
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Route 66 Headquarters
Studio to 1 Bedroom Apartments

Route 66 Headquarters

9317 Central Ave NWAlbuquerque, NM 87121
Affordability
  • Utilities Included
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Don Quixote Apartments
Studio to 2 Bedroom Apartments

Don Quixote Apartments

1811 Lead Ave SEAlbuquerque, NM 87106
Transit Friendly
  • Utilities Included
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Aspen Ridge
2 to 4 Bedroom Apartments

Aspen Ridge

820 Louisiana Blvd SEAlbuquerque, NM 87108
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CRESTWOOD APARTMENTS
1 to 2 Bedroom Apartments

CRESTWOOD APARTMENTS

3612-3620 Crest Ave SEAlbuquerque, NM 87116
  • Utilities Included

Rio Communities, NM Local Guide

Cheapest Available Rio Communities Apartments for Rent and Nearby

 

The cheapest available apartment rental in Rio Communities, NM is a 1 Bed unit found at 509 Girard Terrace Apartments in the Southeast Quadrant neighborhood priced from $559. Home @ Valencia in the South San Pedro neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Rio Communities apartments for rent:

Apartment ListingModel NameBed/BathPriced From
509 Girard Terrace Apartments509 Girard Blvd SE K1BR,1BA$559
Home @ Valencia1bd/1ba1BR,1BA$695
FREE UTILITIES!! GREAT VIBES!!Sailor Interior UnitsStudio,1BA$699
White Oak Apartments1x11BR,1BA$716
Millennium FlatsUnit Type AStudio,1BA$740
Silver Gardens Apartments1 Bedroom (50%)1BR,1BA$740
Madeira CourtStudioStudio,1BA$749
Villa de San FelipeChelseaStudio,1BA$850
Don Quixote ApartmentsStudioStudio,1BA$865
The Lanai Apartments1BD/1B1BR,1BA$900

Best Value Apartments for Rent in Rio Communities, NM and Nearby

As of November 02, 2025 the best value apartment in the Rio Communities area is the $1.00 price per square foot Two Bedroom One Bath Model at Taylor Ridge Apartments in the in the Southwest Quadrant neighborhood starting from $1,200. The second greatest value Rio Communities apartment is the 2 Bed, 1 Bath Model at Gracey's Nation - Palomas Community starting at $1,100 with a $1.35 price per square foot in the South San Pedro neighborhood. Here is today’s list of the best values for Rio Communities apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Taylor Ridge ApartmentsTwo Bedroom One Bath2BR,1BA$1.00
Gracey's Nation - Palomas Community2 Bed, 1 Bath2BR,1BA$1.35
Villa Apartments1 Bed 1 Bath1BR,1BA$1.37
The Loop @9502x1 - 702 (1000 Building)2BR,1BA$1.32
White Oak Apartments1x11BR,1BA$1.03
509 Girard Terrace Apartments509 Girard Blvd SE K1BR,1BA$0.86
The Lanai Apartments1BD/1B1BR,1BA$1.38
Las Brisas1 Bed, 1 Bath (60% Income Restricted)1BR,1BA$1.58
Home @ Valencia1bd/1ba1BR,1BA$1.26
FREE UTILITIES!! GREAT VIBES!!Sailor Interior UnitsStudio ,1BA$1.41

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Getting Around Rio Communities, NM

Walk Score®

16 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Rio Communities Apartments

What is the Cheapest Studio apartment in Rio Communities?

Currently the most affordable Cheap Studio Apartment in Rio Communities is at FREE UTILITIES!! GREAT VIBES!! listed at $699.

How much is rent for a Cheap One Bedroom Rio Communities Apartment?

The lowest price for a Cheap One Bedroom Rio Communities Apartment is $559 at 509 Girard Terrace Apartments.

What is the lowest price for a Cheap Two Bedroom Rio Communities Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Rio Communities is starting from $925 at The Loop @950.

What is the most affordable Rio Communities Three Bedroom Apartment?

The best deal on a cheap Rio Communities Three Bedroom Apartment rental is at The Valencia Apartments and starts from $1,500.

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.