Cheap Apartments for Rent in Rio Rancho, NM from $600 (52 Rentals)

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

property at 180 Itasca Rd SE

$625

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Base Rent
$625
Total Monthly Price
$625

6 Bedroom, 3 Bath Home for Rent

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180 Itasca Rd SE

Rio RanchoNM87124
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Entrada Pointe
$1,284 - $1,567
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$1,284 - $1,567
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Studio to 2 Bedroom Apartments Available Now

Entrada Pointe

900 Country Club DrRio Rancho, NM 87124
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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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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.

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Odyssey Apartments
$1,158 - $2,169
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$1,158 - $2,169
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Studio to 3 Bedroom Apartments Available Now

Odyssey Apartments

10600 Cibola Loop NWAlbuquerque, NM 87114
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Circ
Rent Specials
$1,389 - $2,026
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$1,389 - $2,026
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1 to 3 Bedroom Apartments Available Now

Circ

10300 Golf Course Rd NWAlbuquerque, NM 87114
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Cash 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.

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SkyStone Apartments
$1,633 - $5,759
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$1,633 - $5,759
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1 to 3 Bedroom Apartments Available Now

SkyStone Apartments

10800 Cibola Loop NWAlbuquerque, NM 87114
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Sandia Vista
1 to 3 Bedroom Apartments

Sandia Vista

492 Camino Don Tomas SBernalillo, NM 87004
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Arroyo Villas
1 to 3 Bedroom Apartments

Arroyo Villas

4701 Irving Blvd NWAlbuquerque, NM 87114
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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.

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Rio Rancho, NM Local Guide

Cheapest Available Rio Rancho Apartments for Rent

 

The cheapest available apartment rental in Rio Rancho, NM is a 2 Beds unit found at Arrowhead Ridge in the Sunrise Village at Northern Meadows neighborhood priced from $940. La Cantera Senior Apartments in the Sunrise Village at Northern Meadows 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 Rio Rancho apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arrowhead RidgeTwo Bed/Two Bath - 60% AMI2BR,2BA$940
La Cantera Senior Apartments1x11BR,1BA$956
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$1,096
Puerta Del SolThe Barcelona1BR,1BA$1,099
Odyssey ApartmentsStudioStudio,1BA$1,158
The AspensBirch - Phase II1BR,1BA$1,205
River Walk at Puerta de CorralesGreenway LP1BR,1BA$1,234
City View1 Bed 1 Bath1BR,1BA$1,255
Entrada PointeOne Bedroom One Bathroom1BR,1BA$1,284
Eagle Ranch ApartmentsLatigo1BR,1BA$1,285

Best Value Apartments for Rent in Rio Rancho, NM

As of June 10, 2026 the best value apartment in the Rio Rancho area is the $1.67 price per square foot Verdant Model at Via Verde in the in the Paradise Hills neighborhood starting from $2,235. The second greatest value Rio Rancho apartment is the Jade Reno Model at Via Vista Apartment Community starting at $1,910 with a $1.68 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Via VerdeVerdant2BR,2.5BA$1.67
Via Vista Apartment CommunityJade Reno3BR,2BA$1.68
4217 Ridgeway Ct, Unit A4217 Ridgeway Ct3BR,2BA$1.32
Cottonwood RanchCypress (LUX)2BR,2BA$1.50
Arrowhead RidgeThree Bed/Two Bath - 60% AMI3BR,2BA$1.24
Sandoval Flats2AA (Wheelchair Accessible)2BR,2BA$1.30
Resort at Sandia Village2x2 Reno2BR,2BA$1.77
Links at High ResortCoronado1BR,1BA$1.58
CircMadison1BR,1BA$1.74
Eagle Ranch ApartmentsLatigo1BR,1BA$1.78

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
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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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Rio Rancho, NM

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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 Odyssey Apartments listed at $1,158.

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

The lowest price for a Cheap One Bedroom Rio Rancho Apartment is $1,096 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 $940 at Arrowhead Ridge.

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.

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