
Cheap Apartments for Rent in the Northern Meadows Neighborhood of Rio Rancho, NM from $700 (3 Rentals)
Search the lowest-cost Apartments available for rent right now in the Northern Meadows area of 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.

483 Vancouver Rd 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
Northern Meadows, Rio Rancho, NM Local Guide

How much does it cost to rent an apartment in Northern Meadows?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Northern Meadows 1 Bedroom Apartments | $750 | $750 | $750 |
| Northern Meadows 2 Bedroom Apartments | $1,427 | $940 | $1,746 |
| Northern Meadows 3 Bedroom Apartments | $1,637 | $1,066 | $1,999 |
| Northern Meadows 4 Bedroom Apartments | $2,195 | $2,195 | $2,195 |
Browse Apartments in this Neighborhood
There are currently 3 rentals with your search options within a 3 mile radius of the Northern Meadows Neighborhood of Rio Rancho, NM.
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Northern Meadows, Rio Rancho, NM Local Guide
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Best Value Apartments for Rent in Northern Meadows, NM
As of April 10, 2026 the best value apartment in the Northern Meadows 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 Northern Meadows apartment is the Amber Reno Model at Via Vista Apartment Community starting at $1,620 with a $1.64 price per square foot in the Sunrise Village at Northern Meadows neighborhood. Here is today’s list of the best values for Northern Meadows 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 | Amber Reno | 2BR,2BA | $1.64 |
| Links at High Resort | Coronado | 1BR,1BA | $1.64 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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 Northern Meadows, Rio Rancho, NM
School data provided by Great Schools
Frequently Asked Questions about Cheap Northern Meadows Apartments
What types of apartments are the cheapest in Northern Meadows?
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 Northern Meadows 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 Northern Meadows?
Cheap apartments in Northern Meadows have an average cost of $475 which is $1,720 cheaper than the average rent for all rentals in Northern Meadows.
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.
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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.