Cheap Apartments for Rent in Rio Rancho, NM from $600 (50 Rentals)

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

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Entrada Pointe
$1,197 - $1,567
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Total Monthly Price

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$1,197 - $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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Your Guide to the Best Neighborhoods to Rent Near Albuquerque’s Top Employers

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

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Odyssey Apartments
Rent Specials
$1,154 - $1,940
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Total Monthly Price

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$1,154 - $1,940
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Studio to 3 Bedroom Apartments Available Now

Odyssey Apartments

10600 Cibola Loop NWAlbuquerque, NM 87114
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Albuquerque Uncovered: Your Local Expert's Guide to the High Desert City

Find your perfect spot in ABQ. Get a local's breakdown of Albuquerque neighborhoods like Nob Hill and Downtown, plus tips on navigating the city’s unique charm and high-desert lifestyle.

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Circ
Rent Specials
$1,299 - $2,069
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Total Monthly Price

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$1,299 - $2,069
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1 to 3 Bedroom Apartments Available Now

Circ

10300 Golf Course Rd NWAlbuquerque, NM 87114
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SkyStone Apartments
$1,597 - $7,976
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$1,597 - $7,976
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1 to 3 Bedroom Apartments Available Now

SkyStone Apartments

10800 Cibola Loop NWAlbuquerque, NM 87114
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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.

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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
The PanoramaStudio FStudio,1BA$970
Casa de Encantada Senior ApartmentsOne Bedroom1BR,1BA$1,096
Odyssey ApartmentsStudioStudio,1BA$1,154
The AspensMaple1BR,1BA$1,219
River Walk at Puerta de CorralesGreenway LP1BR,1BA$1,249
Puerta Del SolThe ValenciaStudio,1BA$1,269
Eagle Ranch ApartmentsLatigo1BR,1BA$1,270
Solaire1x1-5781BR,1BA$1,279

Best Value Apartments for Rent in Rio Rancho, NM

As of July 25, 2026 the best value apartment in the Rio Rancho area is the $1.52 price per square foot 3 x 3.5 (1-car Gar) Model at Terra at Enchanted Hills in the in the Encantado del Norte Heritage Series neighborhood starting from $2,495. The second greatest value Rio Rancho apartment is the Jade 2-Car Garage Attached Model at Via Verde starting at $2,160 with a $1.65 price per square foot in the Paradise Hills 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.
Terra at Enchanted Hills3 x 3.5 (1-car Gar)3BR,3.5BA$1.52
Via VerdeJade 2-Car Garage Attached2BR,2.5BA$1.65
CircBallard3BR,2BA$1.63
Resort at Sandia Village3bed 2 bath3BR,2BA$1.61
Links at High ResortRio Vista2BR,2BA$1.36
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
Eagle Ranch ApartmentsLatigo1BR,1BA$1.72
La Cantera Senior Apartments1x11BR,1BA$1.61

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.

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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 The Panorama listed at $970.

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

The lowest price for a Cheap One Bedroom Rio Rancho Apartment is $956 at La Cantera 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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