
Cheap Apartments for Rent in the Enchanted Hills Neighborhood of Rio Rancho, NM from $600 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Enchanted Hills area of Rio Rancho.


Terra at Enchanted Hills
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.

Coronado Townhomes

Towne Center Apartments
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.

Sandia Vista
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 | $1,145 | $1,095 | $1,385 |
| Enchanted Hills 2 Bedroom Apartments | $1,391 | $1,298 | $2,200 |
| Enchanted Hills 3 Bedroom Apartments | $1,574 | $1,486 | $2,500 |
| Enchanted Hills 4 Bedroom Apartments | $1,644 | $1,644 | $1,644 |
Explore Rio Rancho
Enchanted Hills, Rio Rancho, NM Local Guide
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Cheapest Available Enchanted Hills Apartments for Rent
 The cheapest available apartment rental in the Enchanted Hills area of Albuquerque, NM is a 1 Bed unit found at Casa de Encantada Senior Apartments priced from $1,096. Sandoval Flats has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,298. Here are the most affordable Enchanted Hills apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1,096 |
| Sandoval Flats | 2AA (Wheelchair Accessible) | 2BR,2BA | $1,298 |
| The Orchards | One Bedroom | 1BR,1BA | $1,385 |
Best Value Apartments for Rent in Enchanted Hills, NM
As of July 10, 2026 the best value apartment in the Enchanted Hills area is the $1.30 price per square foot 2AA (Wheelchair Accessible) Model at Sandoval Flats in the in the Encantado del Norte Heritage Series neighborhood starting from $1,298. The second greatest value Enchanted Hills apartment is the 2x2 Model at Coronado Townhomes starting at $1,575 with a $1.98 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. |
|---|---|---|---|
| Sandoval Flats | 2AA (Wheelchair Accessible) | 2BR,2BA | $1.30 |
| Coronado Townhomes | 2x2 | 2BR,2BA | $1.98 |
| The Orchards | One Bedroom | 1BR,1BA | $2.15 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1.89 |
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.
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 Enchanted Hills, Rio Rancho, NM
School data provided by Great Schools
Frequently Asked Questions about Cheap Enchanted Hills Apartments
What is the price of a cheap apartment in Enchanted Hills?
The cheapest apartment in Enchanted Hills is Casa de Encantada Senior Apartments which is listed at $1,096, while the average apartment in Enchanted Hills costs $1,644.
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 5 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
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 Expert's 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 Expert's 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.