
Cheap Apartments for Rent in the Rancho Encantado Neighborhood of Albuquerque, NM from $400 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rancho Encantado area of Albuquerque.


Tierra Pointe

The Beach

1325 San Andres Ave NW

Valley Apartments

Volcanes Commons

Mesa Ridge Apartments

Welcome Home To Rio Volcan!

Canon de Arrowhead

Taylor Ranch

Stride West
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 | $1,136 | $751 | $1,828 |
Rancho Encantado 1 Bedroom Apartments | $1,450 | $850 | $2,464 |
Rancho Encantado 2 Bedroom Apartments | $1,789 | $697 | $3,465 |
Rancho Encantado 3 Bedroom Apartments | $2,037 | $799 | $4,060 |
Rancho Encantado 4 Bedroom Apartments | $3,900 | $3,900 | $3,900 |
Browse Apartments in this Neighborhood
There are currently 19 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 Studio unit found at Tierra Pointe priced from $731. Volcanes Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $902. Here are the most affordable Rancho Encantado apartments for rent in Albuquerque, NM:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Tierra Pointe | S1 | Studio,1BA | $731 |
Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $902 |
Mesa Ridge Apartments | The Iris | 1BR,1BA | $954 |
Valley Apartments | Azure Platinum | 1BR,1BA | $1,035 |
Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1,087 |
Best Value Apartments for Rent in Rancho Encantado, NM
As of March 29, 2025 the best value apartment in the Rancho Encantado area is the $1.11 price per square foot 3841 Sunbird Dr NW Model at 3841 Sunbird Dr NW in the in the Northwest Quadrant neighborhood starting from $1,700. The second greatest value Rancho Encantado apartment is the 3 bedroom 2 bath Model at Welcome Home To Rio Volcan! starting at $1,253 with a $1.15 price per square foot in the Ironhorse at El Rancho Grande 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. |
---|---|---|---|
3841 Sunbird Dr NW | 3841 Sunbird Dr NW | 3BR,3BA | $1.11 |
Welcome Home To Rio Volcan! | 3 bedroom 2 bath | 3BR,2BA | $1.15 |
Canon de Arrowhead | 2 bedroom 2 bath | 2BR,2BA | $1.18 |
Aydan | Sage Renovated | 2BR,2BA | $1.80 |
Stride West | a10ar - Renovated | 1BR,1BA | $1.57 |
Las Mananitas Apartments | Avalon | 1BR,1BA | $1.83 |
Taylor Ranch | 1B: Maple (TR) | 1BR,1BA | $1.58 |
Valley Apartments | Azure Platinum | 1BR,1BA | $1.71 |
Volcanes Commons | One Bedroom, One Bath | 1BR,1BA | $1.53 |
Mesa Ridge Apartments | The Iris | 1BR,1BA | $1.66 |
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Pet Friendly LifestyleRancho Encantado, Albuquerque, NM
Ranked #155
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
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 a cheap apartment in Rancho Encantado?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Rancho Encantado is under $1,257.
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 12 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 $262 which is $3,638 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.

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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.