Cheap Homes for Rent in Rio Communities, NM from $800 (7 Rentals)

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

property at 530 Gabaldon Rd

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Condo for Rent

Available Now

530 Gabaldon Rd, Unit B

530 Gabaldon Rd
BelenNM87002

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.

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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 Communities, NM Local Guide

Cheapest Available Rio Communities Apartments for Rent and Nearby

 

The cheapest available apartment rental in Rio Communities, NM is a Studio unit found at The Loop @ 950 in the South San Pedro neighborhood priced from $645. 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
The Loop @ 9500x1 - 280Studio,1BA$645
Home @ Valencia1bd/1ba1BR,1BA$695
Diamond Elite Luxury TownhomesStudio/1 BathStudio,1BA$699

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

As of June 11, 2026 the best value apartment in the Rio Communities area is the $1.28 price per square foot Three Bedroom Model at Taylor Ridge Apartments in the in the Southwest Quadrant neighborhood starting from $1,600. The second greatest value Rio Communities apartment is the Three Bedroom Two Bath Model at Aspen Ridge starting at $1,184 with a $1.08 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 ApartmentsThree Bedroom3BR,2BA$1.28
Aspen RidgeThree Bedroom Two Bath3BR,2BA$1.08
Four Seasons2br apartment corner unit2BR,1BA$1.15
Gracey's Nation - Palomas Community2 Bed, 1 Bath2BR,1BA$1.23
The Portals ApartmentsA11BR,1BA$1.14
El Pueblo ApartmentsOne Bedroom1BR,1BA$1.34
White Oak Apartments1x11BR,1BA$1.03
509 Girard Terrace1 bedroom 1 bathroom1BR,1BA$1.28
Pine St StudiosUnit 081BR,1BA$1.31
Home @ Valencia1bd/1ba1BR,1BA$1.26

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

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Frequently Asked Questions about Rio Communities

What type of rentals are currently available in Rio Communities?

There are currently 61 Apartments for Rent in Rio Communities, NM with pricing that ranges from $500 to $2,664. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rio Communities ranging from $950 to $7,000.

What is the current price range for Rental Homes in Rio Communities?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Rio Communities ranges from $950 to $7,000 with an average monthly rent of $2,458.

How much are larger Three and Four Bedroom Rentals in Rio Communities?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Rio Communities range from $1,150 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $7,000. Four Bedroom Single-Family rentals are also available starting from $2,125 and Four Bedroom Apartments start at $1,300.

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.

Articles, How-To's, and Tips

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.