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$1,2502 Bedroom Apartments Available Now
652 Vancouver Rd SE, Unit C
652 Vancouver Rd SERio Rancho, NM 87124
Cheap Homes for Rent in Rio Rancho, NM from $1,200 (19 Rentals)
Search the lowest-cost Homes available for rent right now in Rio Rancho.
325 Geraldine Loop SE
Rio RanchoNM87124
915 Country Club Dr SE
Rio RanchoNM87124
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$1,488Studio Apartments Available Now
Furnished Studio-Albuquerque - Rio Rancho
2608 American Rd NWRio Rancho, NM 87124
1936 Mesa Grande Loop NE
Rio RanchoNM87144
556 Apache Loop SW
Rio RanchoNM87124
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.
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$1,708Studio Apartments Available Now
Furnished Studio-Albuquerque - Rio Rancho Blvd.
2221 Rio Rancho Blvd SERio Rancho, NM 87124
1896 Lee Loop NE
Rio RanchoNM87144
3441 Martin Meadows Dr NE
Rio RanchoNM87144
21 Corsica Dr SE
Rio RanchoNM87124
480 Cimarron Meadows Ct
Rio RanchoNM87144
401 Cerro De Ortega Dr SE
Rio RanchoNM87124
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
629 Santa Fe Meadows Dr NE
Rio RanchoNM87144
5753 Pinon Dulce Rd NW
AlbuquerqueNM87114
848 Rebecca Ct NE
Rio RanchoNM87144
908 Bursum Ln SE
Rio RanchoNM87124
874 Baltic Ave SE
Rio RanchoNM87124
3456 Morgan Meadows Dr NE
Rio RanchoNM87144
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.
10605 Stanley Dr NW
AlbuquerqueNM87114
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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 | $1,749 | $1,295 | $2,195 |
| Rio Rancho 3 Bedroom Homes for Rent | $2,227 | $1,750 | $3,200 |
| Rio Rancho 4 Bedroom Homes for Rent | $2,499 | $2,200 | $3,000 |
| Rio Rancho 5 Bedroom Homes for Rent | $2,962 | $2,350 | $4,999 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Rio Rancho, NM Local Guide
- Rio Rancho Neighborhoods
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Cheapest Available Rio Rancho Apartments for Rent
The cheapest available apartment rental in Rio Rancho, NM is a 2 Beds unit found at Arrowhead Ridge in the Sunrise Village at Northern Meadows neighborhood priced from $940. Casa de Encantada Senior Apartments in the Encantado del Norte Heritage Series neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,029. Here is today’s list of the most affordable Rio Rancho apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arrowhead Ridge | Two Bed/Two Bath - 60% AMI | 2BR,2BA | $940 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1,029 |
| La Cantera Senior Apartments | 2x1 | 2BR,1BA | $1,141 |
| Puerta Del Sol | The Valencia | 1BR,1BA | $1,199 |
| River Walk at Puerta de Corrales | Greenway LP | 1BR,1BA | $1,239 |
Best Value Apartments for Rent in Rio Rancho, NM
As of May 13, 2026 the best value apartment in the Rio Rancho area is the $1.67 price per square foot Verdant Model at Via Verde in the in the Paradise Hills neighborhood starting from $2,235. The second greatest value Rio Rancho apartment is the 2 X 2.5 (1-Car Gar) Model at Terra at Enchanted Hills starting at $1,999 with a $1.64 price per square foot in the Encantado del Norte Heritage Series 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. |
|---|---|---|---|
| Via Verde | Verdant | 2BR,2.5BA | $1.67 |
| Terra at Enchanted Hills | 2 X 2.5 (1-Car Gar) | 2BR,2.5BA | $1.64 |
| Via Vista Apartment Community | Jade Reno | 3BR,2BA | $1.67 |
| Cottonwood Ranch | Cypress (LUX) | 2BR,2BA | $1.48 |
| Arrowhead Ridge | Three Bed/Two Bath - 60% AMI | 3BR,2BA | $1.24 |
| Sandoval Flats | 2AA (Wheelchair Accessible) | 2BR,2BA | $1.31 |
| La Cantera Senior Apartments | 2x1 | 2BR,1BA | $1.21 |
| Links at High Resort | Coronado | 1BR,1BA | $1.55 |
| Enchanted Hills | Diego | 2BR,1BA | $1.74 |
| Circ | Madison | 1BR,1BA | $1.74 |
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
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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.
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Best Local Schools in Rio Rancho, NM
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Rio Rancho, NM
Frequently Asked Questions about Rio Rancho
What type of rentals are currently available in Rio Rancho?
There are currently 76 Apartments for Rent in Rio Rancho, NM with pricing that ranges from $940 to $3,763. There are also 85 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rio Rancho ranging from $1,295 to $4,999.
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 $1,295 to $4,999 with an average monthly rent of $2,359.
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 $1,066 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,646.
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 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 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 Experts Guide to the High Desert City
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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.
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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
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Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.