
Cheap Apartments for Rent in the Enchanted Hills Neighborhood of Rio Rancho, NM from $660 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Enchanted Hills area of Rio Rancho.


Terra at Enchanted Hills
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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 | $1,141 | $995 | $1,385 |
| Enchanted Hills 2 Bedroom Apartments | $1,333 | $1,250 | $2,195 |
| Enchanted Hills 3 Bedroom Apartments | $1,533 | $1,486 | $2,550 |
| Enchanted Hills 4 Bedroom Apartments | $1,644 | $1,644 | $1,644 |
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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 $995. Sandoval Flats has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. 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 | $995 |
| Sandoval Flats | 1A | 1BR,1BA | $1,095 |
| The Orchards | One Bedroom | 1BR,1BA | $1,385 |
Best Value Apartments for Rent in Enchanted Hills, NM
As of August 24, 2026 the best value apartment in the Enchanted Hills area is the $1.78 price per square foot 2 X 2.5 (1-Car Gar) Model at Terra at Enchanted Hills in the in the Encantado del Norte Heritage Series neighborhood starting from $2,175. The second greatest value Enchanted Hills apartment is the Diego Model at Enchanted Hills starting at $1,510 with a $1.74 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 (1-Car Gar) | 2BR,2.5BA | $1.78 |
| Enchanted Hills | Diego | 2BR,1BA | $1.74 |
| Coronado Townhomes | 2x2 | 2BR,2BA | $1.93 |
| Sandoval Flats | 1A | 1BR,1BA | $1.47 |
| The Orchards | One Bedroom | 1BR,1BA | $2.15 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1.72 |
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 $995, while the average apartment in Enchanted Hills costs $1,298.
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 67 regular apartments in Enchanted Hills that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Enchanted Hills?
Cheap apartments in Enchanted Hills have an average cost of $1,230 which is $68 cheaper than the average rent for all rentals in Enchanted Hills.
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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