
Apartments for Rent in Rio Rancho, NM Under $1,200 (13 Rentals)


Blue Agave Villas
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.

Casa de Encantada Senior Apartments

Sandoval Flats

Felician Villa I - Senior 55+

1000 Meadowlark Ct SE

River Walk at Puerta de Corrales

The Aspens

Odyssey Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 Under $1200 | $1,289 | $1,032 | $2,049 |
Rio Rancho 1 Bedroom Apartments Under $1200 | $1,490 | $814 | $5,149 |
Rio Rancho 2 Bedroom Apartments Under $1200 | $1,673 | $965 | $6,819 |
Rio Rancho 3 Bedroom Apartments Under $1200 | $1,967 | $1,228 | $8,021 |
Rio Rancho 4 Bedroom Apartments Under $1200 | $1,599 | $1,343 | $3,850 |
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
Quick 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.
Getting Around Rio Rancho, NM
Walk Score®
29 / 100
Car-Dependent
Most errands require a car
Bike Score®
36 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Rio Rancho
How much are Studio apartments in Rio Rancho?
There are currently 12 Studio Apartments in Rio Rancho with rent ranges from $1,032 to $2,049 with an average price of $1,289.
What is the current price range for One Bedroom Rio Rancho Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Rio Rancho ranges from $814 to $5,149 with an average monthly rent of $1,490.
What does renting a Two Bedroom Apartment in Rio Rancho cost?
The monthly rent prices of Two Bedroom Apartments currently available in Rio Rancho range from $965 to $6,819. Today's average rental price for Two Bedrooms here is $1,673.
How expensive are Rio Rancho Three Bedroom Apartments?
There are currently 29 Three Bedroom Apartments listings available in Rio Rancho on ApartmentHomeLiving.com. The pricing ranges from $1,228 to $8,021 - averaging $1,967 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.