
Cheap Apartments for Rent in the Enchanted Hills Neighborhood of Rio Rancho, NM from $700 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Enchanted Hills area of Rio Rancho.


Terra at Enchanted Hills
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.

Coronado Townhomes
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.
Enchanted Hills, Rio Rancho, NM Local Guide

How much does it cost to rent an apartment in Enchanted Hills?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Enchanted Hills 1 Bedroom Apartments | $999 | $931 | $1,315 |
Enchanted Hills 2 Bedroom Apartments | $1,154 | $1,086 | $2,095 |
Enchanted Hills 3 Bedroom Apartments | $1,283 | $1,228 | $2,375 |
Enchanted Hills 4 Bedroom Apartments | $1,343 | $1,343 | $1,343 |
Explore Rio Rancho
Enchanted Hills, Rio Rancho, NM Local Guide
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Best Value Apartments for Rent in Enchanted Hills, NM
As of August 31, 2025 the best value apartment in the Enchanted Hills area is the $1.72 price per square foot 2 X 2.5 (2-Car Gar) Model at Terra at Enchanted Hills in the in the Encantado del Norte Heritage Series neighborhood starting from $2,095. The second greatest value Enchanted Hills apartment is the Enchanted Model at Enchanted Hills starting at $1,510 with a $1.66 price per square foot in the Encantado del Norte Heritage Series neighborhood. Here is today’s list of the best values for Enchanted Hills apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Terra at Enchanted Hills | 2 X 2.5 (2-Car Gar) | 2BR,2.5BA | $1.72 |
Enchanted Hills | Enchanted | 2BR,2BA | $1.66 |
Coronado Townhomes | 2x2 | 2BR,2BA | $2.13 |
Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1.71 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleEnchanted Hills, Rio Rancho, NM
Ranked #5
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Enchanted Hills, Rio Rancho, NM
School data provided by Great Schools
Frequently Asked Questions about Cheap Enchanted Hills Apartments
What types of apartments are the cheapest in Enchanted Hills?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Enchanted Hills that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

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.