Cheap Apartments for Rent in the Rancho Encantado Neighborhood of Albuquerque, NM from $400 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Rancho Encantado area of Albuquerque.

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Tucson Apartments
2 Bedroom Apartments

Tucson Apartments

5401-5405 Tucson Rd NWAlbuquerque, NM 87120
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Sawmill Lofts
1 to 3 Bedroom Apartments

Sawmill Lofts

1801 Bellamah Ave NWAlbuquerque, NM 87104
  • Utilities Included
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5315 Yucca Cir NE
2 Bedroom Apartments

5315 Yucca Cir NE

5315 Yucca Cir NEAlbuquerque, NM 87120
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The Franz
Studio Apartments

The Franz

1716 Central Ave NWAlbuquerque, NM 87104
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Old Town Casitas
1 Bedroom Apartments

Old Town Casitas

200 Rio Grande Blvd SWAlbuquerque, NM 87104

Rancho Encantado, Albuquerque, NM Local Guide

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 ListingModel NameBed/BathPriced From
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$902
Tierra PointeA11BR,1BA$959
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$964
Valley ApartmentsAzure Platinum1BR,1BA$997
Villa HermosaThe Taos2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Taylor Ranch3B: Cottonwood (TR)3BR,2BA$1.44
Mesa Ridge ApartmentsThe Sandia2BR,2BA$1.33
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
Villa HermosaThe Pueblo2BR,1BA$1.24
AydanSage Renovated2BR,2BA$1.54
Stride Westa10ar - Renovated1BR,1BA$1.61
Las Mananitas ApartmentsLennox1BR,1BA$1.72
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$1.38
Valley ApartmentsAzure Platinum1BR,1BA$1.65
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$1.53

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Pet Friendly Lifestyle
Rancho Encantado, Albuquerque, NM

Ranked #191

Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

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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.

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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.

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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.

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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.