
Cheap Apartments for Rent in the Rancho Encantado Neighborhood of Albuquerque, NM from $400 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rancho Encantado area of Albuquerque.


903 Slate Ave NW

The Beach

Volcanes Commons

Tierra Pointe

Welcome Home To Rio Volcan!

Villa Hermosa

560 Estancia Dr NW

Valley Apartments

Stride West
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

406 15th St NW
Rancho Encantado, Albuquerque, NM Local Guide

How much does it cost to rent an apartment in Rancho Encantado?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Rancho Encantado Studio Apartments | $1,314 | $700 | $2,565 |
Rancho Encantado 1 Bedroom Apartments | $1,407 | $902 | $2,585 |
Rancho Encantado 2 Bedroom Apartments | $1,590 | $697 | $3,465 |
Rancho Encantado 3 Bedroom Apartments | $1,925 | $799 | $5,472 |
Rancho Encantado 4 Bedroom Apartments | $3,900 | $3,900 | $3,900 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 3 mile radius of the Rancho Encantado Neighborhood of Albuquerque, NM.
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Rancho Encantado, Albuquerque, NM Local Guide
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Cheapest Available Rancho Encantado Apartments for Rent
 The cheapest available apartment rental in the Rancho Encantado area of Albuquerque, NM is a 1 Bed unit found at Volcanes Commons priced from $902. Tierra Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $959. Here are the most affordable Rancho Encantado apartments for rent in Albuquerque, NM:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $902 |
Tierra Pointe | A1 | 1BR,1BA | $959 |
Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $964 |
Valley Apartments | Azure Platinum | 1BR,1BA | $997 |
Villa Hermosa | The Taos | 2BR,2BA | $1,096 |
Best Value Apartments for Rent in Rancho Encantado, NM
As of April 26, 2025 the best value apartment in the Rancho Encantado area is the $1.44 price per square foot 3B: Cottonwood (TR) Model at Taylor Ranch in the in the Northwest Quadrant neighborhood starting from $1,750. The second greatest value Rancho Encantado apartment is the The Sandia Model at Mesa Ridge Apartments starting at $1,274 with a $1.33 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Rancho Encantado apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Taylor Ranch | 3B: Cottonwood (TR) | 3BR,2BA | $1.44 |
Mesa Ridge Apartments | The Sandia | 2BR,2BA | $1.33 |
Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.25 |
Villa Hermosa | The Pueblo | 2BR,1BA | $1.24 |
Aydan | Sage Renovated | 2BR,2BA | $1.54 |
Stride West | a10ar - Renovated | 1BR,1BA | $1.61 |
Las Mananitas Apartments | Lennox | 1BR,1BA | $1.72 |
Welcome Home To Rio Volcan! | 1 bedroom 1 bath | 1BR,1BA | $1.38 |
Valley Apartments | Azure Platinum | 1BR,1BA | $1.65 |
Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $1.53 |
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Pet Friendly LifestyleRancho Encantado, Albuquerque, NM
Ranked #191
Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Rancho Encantado, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
Our team compiles millions of data points to bring you Lifestyle Ratings of rentals and neighborhoods across the USA, including Albuquerque. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and proximity to parks, kid and pet-friendly communities, availability of transit options, and much more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Rancho Encantado Apartments
What is the price of a cheap apartment in Rancho Encantado?
The cheapest apartment in Rancho Encantado is Volcanes Commons which is listed at $902, while the average apartment in Rancho Encantado costs $3,900.
What types of apartments are the cheapest in Rancho Encantado?
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 31 regular apartments in Rancho Encantado 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 Rancho Encantado?
Cheap apartments in Rancho Encantado have an average cost of $299 which is $3,601 cheaper than the average rent for all rentals in Rancho Encantado.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.