
Cheap Gated Apartments for Rent in Rio Rancho, NM from $600 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in Rio Rancho.


Via Vista Apartment Community

The Eleanor at Rio Rancho
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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Odyssey Apartments

Resort at Sandia Village

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SkyStone Apartments
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.

Affinity at Albuquerque 55+
Rio Rancho, NM Local Guide

How much does it cost to rent an apartment in Rio Rancho?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rio Rancho Studio Apartments | $1,359 | $1,098 | $1,967 |
| Rio Rancho 1 Bedroom Apartments | $1,421 | $961 | $2,079 |
| Rio Rancho 2 Bedroom Apartments | $1,688 | $940 | $2,894 |
| Rio Rancho 3 Bedroom Apartments | $2,148 | $1,066 | $3,500 |
| Rio Rancho 4 Bedroom Apartments | $2,197 | $1,644 | $3,763 |
Explore Rio Rancho
Rio Rancho, NM Local Guide
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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.
Read ArticleDon'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 ArticleReal 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.
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.
Best Local Schools in Rio Rancho, NM
Maggie Cordova Elementary School
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 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.
Helpful Local Expert Guides

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.

The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Written by: Esther Lombardi
There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.

Albuquerque Uncovered: Your Local Experts Guide to the High Desert City
Written by: Esther Lombardi
Hello from Albuquerque, New Mexico! I’m Esther, your ApartmentHomeLiving.com Local Expert for Albuquerque, and I’m here to give you the inside scoop on this unique city.

Your Guide to the Best Neighborhoods to Rent Near Albuquerques Top Employers
Written by: Esther Lombardi
I still recollect my first morning commute in Albuquerque.
Articles, How-To's, and Tips

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.

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.

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.

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.