
Cheap Homes for Rent in Rio Rancho, NM from $1,400 (38 Rentals)
Search the lowest-cost Homes available for rent right now in Rio Rancho.


4256 Sabana Loop SE

4313-4312 Condesa Dr NW

811 Country Club Dr SE

923 Country Club Dr SE

1941 Lee Loop NE
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956 Harrison Dr NE

1105 Meadowlark Way SE

1160 Sand Dune Rd NE

3013 Taos Meadows Dr NE

540 Sedona Meadows Dr NE

351 Western Hills Dr SE

1607 Costilla Rd

6120 Ursa Ave NW

1957 Round Up Dr NE

9415 Cerro Largo Pl NW

3007 Sue Cir SE
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2903 Turf Ln SE

1117 Toscana Dr SE

4968 Quail Ridge Dr NW

5411 Monterey Cove Ave NW

569 Santa Fe Meadows Dr NE

537 Terrace Dr NE

7324 Quartzite Ave NW

4400 Desert Chicory Ct SE

86 Wyoming Autumn Rd NE
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360 Alda Rd SE

3744 Lonesome Ridge St NE

6100 Costa Blanca Ave NW

7135 Weston Pl NW

4225 High Mesa Rd SE

2144 Vista de Colinas Dr SE

3705 Cacto Ct
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721 6th St NE

11108 Fiesta Park St NW

3706 Cacto Ct

4838 Mount Salas St NE

2326 Vista de Colinas Dr SE
Rio Rancho, NM Local Guide

How much does it cost to rent a home in Rio Rancho?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Rio Rancho 2 Bedroom Homes for Rent | $1,571 | $1,400 | $2,000 |
Rio Rancho 3 Bedroom Homes for Rent | $2,178 | $1,750 | $3,300 |
Rio Rancho 4 Bedroom Homes for Rent | $2,673 | $2,175 | $3,750 |
Rio Rancho 5 Bedroom Homes for Rent | $3,687 | $3,400 | $4,000 |
Rio Rancho 6 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Top Homes for Rent in Rio Rancho
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Rio Rancho, NM Local Guide
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Cheapest Available Rio Rancho Apartments for Rent
 The cheapest available apartment rental in Rio Rancho, NM is a 1 Bed unit found at Casa de Encantada Senior Apartments in the Encantado del Norte Heritage Series neighborhood priced from $993. Odyssey Apartments in the Sunrise Village at Northern Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,084. Here is today’s list of the most affordable Rio Rancho apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $993 |
Odyssey Apartments | a10a | 1BR,1BA | $1,084 |
Panorama | Studio B | Studio,1BA | $1,098 |
Entrada Pointe | Studio | Studio,1BA | $1,173 |
Solaire | 1x1-578 | 1BR,1BA | $1,195 |
Puerta Del Sol | The Barcelona | 1BR,1BA | $1,225 |
The Aspens | The Artist Loft | 1BR,1BA | $1,250 |
Blue Agave Villas | The Grove | 1BR,1BA | $1,265 |
Eagle Ranch Apartments | Latigo | 1BR,1BA | $1,314 |
Prisma | Scarlet Renovated | 1BR,1BA | $1,325 |
Best Value Apartments for Rent in Rio Rancho, NM
As of July 29, 2025 the best value apartment in the Rio Rancho area is the $1.35 price per square foot 3x2 Model at Coronado Townhomes in the in the Encantado del Norte Heritage Series neighborhood starting from $1,795. The second greatest value Rio Rancho apartment is the Santa Ana Model at Links at High Resort starting at $1,920 with a $1.47 price per square foot in the Sunrise Village at Northern Meadows neighborhood. Here is today’s list of the best values for Rio Rancho apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Coronado Townhomes | 3x2 | 3BR,2BA | $1.35 |
Links at High Resort | Santa Ana | 3BR,2BA | $1.47 |
Terra at Enchanted Hills | 2 X 2.5 (2-Car Gar) | 2BR,2.5BA | $1.72 |
Cottonwood Ranch | 2B SPL: Cypress (Premium) | 2BR,2BA | $1.45 |
Via Vista Apartment Community | Amber Reno | 2BR,2BA | $1.70 |
Resort at Sandia Village | 2x2 Reno | 2BR,2BA | $1.77 |
Enchanted Hills | Diego | 2BR,1BA | $1.71 |
The Aspens | The Maple - Phase II | 1BR,1BA | $1.67 |
Eagle Ranch Apartments | Latigo | 1BR,1BA | $1.78 |
Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1.71 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Rio Rancho
What type of rentals are currently available in Rio Rancho?
There are currently 82 Apartments for Rent in Rio Rancho, NM with pricing that ranges from $814 to $8,021. There are also 94 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rio Rancho ranging from $1,400 to $4,000.
What is the current price range for Rental Homes in Rio Rancho?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Rio Rancho ranges from $1,400 to $4,000 with an average monthly rent of $2,514.
How much are larger Three and Four Bedroom Rentals in Rio Rancho?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Rio Rancho range from $1,228 to $8,021, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,175 and Four Bedroom Apartments start at $1,343.
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.

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Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.

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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.

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Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.