close
View Me
$814 - $9651 to 2 Bedroom Apartments Contact Us For Availability
Felician Villa I - Senior 55+
1301 Stephanie Rd SERio Rancho, NM 87124
Cheap Apartments for Rent in Rio Rancho, NM from $600 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in Rio Rancho.
close
View Me
Rent Specials
$931 - $1,3431 to 4 Bedroom Apartments Available Jan 10, 2027
Sandoval Flats
3200 Camino Encantadas NERio Rancho, NM 87144
close
View Me
$940 - $1,3372 to 3 Bedroom Apartments Available Now
Arrowhead Ridge
4515 Arrowhead Ridge Dr SERio Rancho, NM 87124
close
View Me
$964 - $1,3211 to 3 Bedroom Apartments Available Now
Enchanted Vista Apartments
4501 Safelite Blvd NERio Rancho, NM 87144
close
View Me
$993 - $1,1911 to 2 Bedroom Apartments Available Now
Casa de Encantada Senior Apartments
7780 Paseo 550 Dr NERio Rancho, NM 87144
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.
close
View Me
$1,098Studio Apartments Available Now
Panorama
1465 Rio Rancho Blvd SERio Rancho, NM 87124
close
View Me
$1,1501 Bedroom Apartments Available Now
4101 Malaga Ct SE
4101 Malaga Ct SERio Rancho, NM 87124
611 Vancouver Rd SE
Rio RanchoNM87124
close
View Me
Rent Specials
$1,195 - $1,788
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,173 - $1,766
Required Monthly Fees
Varies
Total Monthly Price
Varies
Entrada Pointe
900 Country Club DrRio Rancho, NM 87124
close
View Me
1 to 2 Bedroom Apartments
Felician Villa II - Senior 55+
1325 Stephanie RdRio Rancho, NM 87124
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.
839 Country Club Dr SE
Rio RanchoNM87124
close
View Me
$956 - $1,1411 to 2 Bedroom Apartments Available Now
La Cantera Senior Apartments
3600 Old Airport Rd NWAlbuquerque, NM 87114
close
View Me
$1,169 - $1,525Studio to 2 Bedroom Apartments Available Now
Puerta Del Sol
4816 Mcmahon BlvdAlbuquerque, NM 87114
close
View Me
1 to 3 Bedroom Apartments
Sandia Vista
492 Camino Don Tomas SBernalillo, NM 87004
close
View Me
1 to 3 Bedroom Apartments
Arroyo Villas
4701 Irving Blvd NWAlbuquerque, NM 87114
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Showing Results 1-15, Page 1 of 1
Rio Rancho, NM Local Guide
How much does it cost to rent an apartment in Rio Rancho?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Rio Rancho Studio Apartments | $1,365 | $1,098 | $1,893 |
| Cheap Rio Rancho 1 Bedroom Apartments | $1,440 | $814 | $2,238 |
| Cheap Rio Rancho 2 Bedroom Apartments | $1,527 | $940 | $2,909 |
| Cheap Rio Rancho 3 Bedroom Apartments | $1,830 | $1,066 | $3,500 |
| Cheap Rio Rancho 4 Bedroom Apartments | $1,820 | $1,343 | $3,763 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Rio Rancho
See all Apartments in Rio RanchoExplore Rio Rancho
Rio Rancho, NM Local Guide
- Rio Rancho Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Rio Rancho Apartments for Rent
The cheapest available apartment rental in Rio Rancho, NM is a 1 Bed unit found at Casa de Encantada Senior Apartments in the Encantado del Norte Heritage Series neighborhood priced from $993. Panorama in the Sunrise Village at Northern Meadows neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,098. Here is today’s list of the most affordable Rio Rancho apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $993 |
| Panorama | Studio B | Studio,1BA | $1,098 |
| La Cantera Senior Apartments | 2x2 | 2BR,2BA | $1,141 |
| Arrowhead Ridge | Sandia 60% | 2BR,2BA | $1,146 |
| Enchanted Vista Apartments | 2x1 | 2BR,1BA | $1,149 |
Best Value Apartments for Rent in Rio Rancho, NM
As of March 11, 2026 the best value apartment in the Rio Rancho area is the $1.70 price per square foot JADE Model at Via Verde in the in the Paradise Hills neighborhood starting from $1,925. The second greatest value Rio Rancho apartment is the Mesa 60% Model at Arrowhead Ridge starting at $1,337 with a $1.24 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 Verde | JADE | 2BR,2BA | $1.70 |
| Arrowhead Ridge | Mesa 60% | 3BR,2BA | $1.24 |
| Via Vista Apartment Community | Amber | 2BR,2BA | $1.69 |
| Resort at Sandia Village | 2x2 Reno | 2BR,2BA | $1.59 |
| Eagle Ranch Apartments | Alisal | 2BR,2BA | $1.47 |
| La Cantera Senior Apartments | 2x1 | 2BR,1BA | $1.21 |
| Links at High Resort | Coronado | 1BR,1BA | $1.55 |
| Enchanted Vista Apartments | 2x1 | 2BR,1BA | $1.32 |
| Cottonwood Ranch | Maple (Premium) | 1BR,1BA | $1.66 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,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
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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.
Let everyone know!
Do you know the Rio Rancho area?
If you’re an expert on all things Rio Rancho, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Rio Rancho, NM
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Rio Rancho, NM Rentals by Map
See the most popular apartments and homes in Rio Rancho, NM
Frequently Asked Questions about Cheap Rio Rancho Apartments
What is the Cheapest Studio apartment in Rio Rancho?
Currently the most affordable Cheap Studio Apartment in Rio Rancho is at Panorama listed at $1,098.
How much is rent for a Cheap One Bedroom Rio Rancho Apartment?
The lowest price for a Cheap One Bedroom Rio Rancho Apartment is $993 at Casa de Encantada Senior Apartments.
What is the lowest price for a Cheap Two Bedroom Rio Rancho Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Rio Rancho is starting from $1,141 at La Cantera Senior Apartments.
What is the most affordable Rio Rancho Three Bedroom Apartment?
The best deal on a cheap Rio Rancho Three Bedroom Apartment rental is at Arrowhead Ridge and starts from $1,337.
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
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.
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.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.