
Cheap Apartments for Rent in the Loma Colorado Neighborhood of Rio Rancho, NM from $800 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Loma Colorado area of Rio Rancho.


The Panorama

Total Monthly Price
Entrada Pointe

Blue Agave Villas

Meadowlark Apartments

Furnished Studio-Albuquerque - Rio Rancho
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.

Via Vista Apartment Community

The Eleanor at Rio Rancho

Furnished Studio-Albuquerque - Rio Rancho Blvd.

Felician Villa I - Senior 55+

Felician Villa II - Senior 55+

937 Country Club Dr SE
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.

Links at High Resort

4248 Sabana Grande Ave SE

Resort at Sandia Village

Total Monthly Price
SkyStone Apartments

Wintergreen Apartments

Affinity at Albuquerque 55+
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.
Loma Colorado, Rio Rancho, NM Local Guide

How much does it cost to rent an apartment in Loma Colorado?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Loma Colorado Studio Apartments | $1,324 | $1,098 | $1,893 |
| Loma Colorado 1 Bedroom Apartments | $1,720 | $1,280 | $2,257 |
| Loma Colorado 2 Bedroom Apartments | $1,893 | $940 | $2,909 |
| Loma Colorado 3 Bedroom Apartments | $2,093 | $1,066 | $3,350 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 3 mile radius of the Loma Colorado Neighborhood of Rio Rancho, NM.
See all Apartments in Rio RanchoExplore Rio Rancho
Loma Colorado, Rio Rancho, NM Local Guide
- Nearby Rio Rancho neighborhoods
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Cheapest Available Loma Colorado Apartments for Rent
 The cheapest available apartment rental in the Loma Colorado area of Albuquerque, NM is a 3 Beds unit found at Arrowhead Ridge priced from $1,066. The Panorama has the second lowest priced unit, which is a Studio apartment currently listed from $1,098. Here are the most affordable Loma Colorado apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arrowhead Ridge | Mesa 50% | 3BR,2BA | $1,066 |
| The Panorama | Studio B | Studio,1BA | $1,098 |
| Entrada Pointe | Studio | Studio,1BA | $1,197 |
| Blue Agave Villas | The Grove | 1BR,1BA | $1,280 |
| Meadowlark Apartments | 1x1 | 1BR,1BA | $1,369 |
Best Value Apartments for Rent in Loma Colorado, NM
As of April 26, 2026 the best value apartment in the Loma Colorado area is the $1.24 price per square foot Mesa 60% Model at Arrowhead Ridge in the in the Sunrise Village at Northern Meadows neighborhood starting from $1,337. The second greatest value Loma Colorado apartment is the Citrine Reno Model at Via Vista Apartment Community starting at $1,620 with a $1.56 price per square foot in the Sunrise Village at Northern Meadows neighborhood. Here is today’s list of the best values for Loma Colorado apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Arrowhead Ridge | Mesa 60% | 3BR,2BA | $1.24 |
| Via Vista Apartment Community | Citrine Reno | 2BR,2BA | $1.56 |
| Resort at Sandia Village | 2x2 Reno | 2BR,2BA | $1.76 |
| SkyStone Apartments | Vashon | 1BR,1BA | $1.98 |
| Wintergreen Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.85 |
| Links at High Resort | Coronado | 1BR,1BA | $1.59 |
| The Eleanor at Rio Rancho | A4 | 1BR,1BA | $3.00 |
| Meadowlark Apartments | 1x1 | 1BR,1BA | $2.03 |
| Blue Agave Villas | The Bandelier | 1BR,1BA | $2.39 |
| Entrada Pointe | Studio | Studio ,1BA | $2.93 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
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Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 Loma Colorado, Rio Rancho, NM
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across New Mexico including Loma Colorado, Rio Rancho, and the greater Albuquerque area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Loma Colorado Apartments
What is a cheap apartment in Loma Colorado?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Loma Colorado is under $1,675.
What is the price of a cheap apartment in Loma Colorado?
The cheapest apartment in Loma Colorado is Blue Agave Villas which is listed at $1,280, while the average apartment in Loma Colorado costs $1,920.
What types of apartments are the cheapest in Loma Colorado?
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 8 regular apartments in Loma Colorado 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 Loma Colorado?
Cheap apartments in Loma Colorado have an average cost of $190 which is $1,730 cheaper than the average rent for all rentals in Loma Colorado.
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.
Articles, How-To's, and Tips

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.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
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
Written by: Christine Leonard, Esq.
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.