2620 Harvard Dr SE
Rio RanchoNM87124
Cheap Homes for Rent in Rio Rancho, NM from $1,400 (35 Rentals)
Search the lowest-cost Homes available for rent right now in Rio Rancho.
4256 Sabana Loop SE
Rio RanchoNM87124
811 Country Club Dr SE
Rio RanchoNM87124
923 Country Club Dr SE
Rio RanchoNM87124
1941 Lee Loop NE
Rio RanchoNM87144
540 Sedona Meadows Dr NE
Rio RanchoNM87144
956 Harrison Dr NE
Rio RanchoNM87144
1105 Meadowlark Way SE
Rio RanchoNM87124
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.
1160 Sand Dune Rd NE
Rio RanchoNM87144
3013 Taos Meadows Dr NE
Rio RanchoNM87144
351 Western Hills Dr SE
Rio RanchoNM87124
1607 Costilla Rd
Rio RanchoNM87144
6120 Ursa Ave NW
AlbuquerqueNM87114
1957 Round Up Dr NE
Rio RanchoNM87144
9415 Cerro Largo Pl NW
AlbuquerqueNM87114
2903 Turf Ln SE
Rio RanchoNM87124
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
1117 Toscana Dr SE
Rio RanchoNM87124
5411 Monterey Cove Ave NW
AlbuquerqueNM87114
3007 Sue Cir SE
Rio RanchoNM87124
569 Santa Fe Meadows Dr NE
Rio RanchoNM87144
537 Terrace Dr NE
Rio RanchoNM87124
Check Out Albuquerque’s Best Affordable Neighborhoods
Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi
7324 Quartzite Ave NW
AlbuquerqueNM87114
6100 Costa Blanca Ave NW
AlbuquerqueNM87114
86 Wyoming Autumn Rd NE
Rio RanchoNM87124
360 Alda Rd SE
Rio RanchoNM87124
3744 Lonesome Ridge St NE
Rio RanchoNM87144
7135 Weston Pl NW
AlbuquerqueNM87114
7224 Jalisco Rd NW
AlbuquerqueNM87114
4225 High Mesa Rd SE
Rio RanchoNM87124
3705 Cacto Ct
Rio RanchoNM87144
721 6th St NE
Rio RanchoNM87124
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
4838 Mount Salas St NE
Rio RanchoNM87144
2326 Vista de Colinas Dr SE
Rio RanchoNM87124
2144 Vista de Colinas Dr SE
Rio RanchoNM87124
3706 Cacto Ct
Rio RanchoNM87144
Showing Results 1-35, Page 1 of 1
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 | $1,583 | $1,400 | $2,000 |
| Rio Rancho 3 Bedroom Homes for Rent | $2,180 | $1,750 | $3,300 |
| Rio Rancho 4 Bedroom Homes for Rent | $2,666 | $2,175 | $3,750 |
| Rio Rancho 5 Bedroom Homes for Rent | $3,687 | $3,400 | $4,000 |
| Rio Rancho 6 Bedroom Homes for Rent | $3,250 | $3,250 | $3,250 |
Browse Top Homes for Rent in Rio Rancho
Explore Rio Rancho
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 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 Studio apartment currently listed from $1,032. 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 | Studio | Studio,1BA | $1,032 |
| Panorama | Studio B | Studio,1BA | $1,098 |
| The Aspens | The Birch - Phase II | 1BR,1BA | $1,150 |
| Entrada Pointe | Studio | Studio,1BA | $1,173 |
| Puerta Del Sol | The Barcelona | 1BR,1BA | $1,225 |
| Solaire | 1x1-670 | 1BR,1BA | $1,255 |
| Blue Agave Villas | The Grove | 1BR,1BA | $1,265 |
| Prisma | Scarlet Renovated | 1BR,1BA | $1,325 |
| Eagle Ranch Apartments | Latigo | 1BR,1BA | $1,345 |
Best Value Apartments for Rent in Rio Rancho, NM
As of July 30, 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 $1,915 with a $1.46 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 | $1.46 |
| Terra at Enchanted Hills | 2 X 2.5 (2-Car Gar) | 2BR,2.5BA | $1.72 |
| Via Vista Apartment Community | Jade Reno | 3BR,2BA | $1.73 |
| Cottonwood Ranch | 2B SPL: Cypress (Premium) | 2BR,2BA | $1.45 |
| Resort at Sandia Village | 2x2 Reno | 2BR,2BA | $1.77 |
| Enchanted Hills | Diego | 2BR,1BA | $1.71 |
| SkyStone Apartments | Boca | 1BR,1BA | $1.80 |
| Prisma | Scarlet Renovated | 1BR,1BA | $1.82 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1.71 |
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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 88 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 $2,473.
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.
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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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.
The Art of the Rental Viewing: What to look for during a property tour
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.