Cheap Homes for Rent in Rancho Encantado Neighborhood of Albuquerque, NM from $1,500 (11 Rentals)

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

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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.

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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 $909. 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$909
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$964
Valley ApartmentsAzure Platinum1BR,1BA$1,031
Villa HermosaThe Taos2BR,2BA$1,096

Best Value Apartments for Rent in Rancho Encantado, NM

As of May 01, 2025 the best value apartment in the Rancho Encantado area is the $1.33 price per square foot The Sandia Model at Mesa Ridge Apartments in the in the Northwest Quadrant neighborhood starting from $1,274. The second greatest value Rancho Encantado apartment is the 2 bedroom 2 bath Model at Canon de Arrowhead starting at $1,154 with a $1.25 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Mesa Ridge ApartmentsThe Sandia2BR,2BA$1.33
Canon de Arrowhead2 bedroom 2 bath2BR,2BA$1.25
Stride Westa10ar - Renovated1BR,1BA$1.63
Las Mananitas ApartmentsLennox1BR,1BA$1.72
1720 Atrisco - Units Available for Pre-lease2 bedroom 1 bath2BR,1BA$1.75
Welcome Home To Rio Volcan!1 bedroom 1 bath1BR,1BA$1.38
Villa HermosaThe Aztec1BR,1BA$1.39
AydanPinon Renovated1BR,1BA$1.88
Valley ApartmentsAzure Platinum1BR,1BA$1.70
Volcanes CommonsOne Bedroom, One Bath1BR,1BA$1.53

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Frequently Asked Questions about Rancho Encantado

What type of rentals are currently available in Rancho Encantado?

There are currently 85 Apartments for Rent in Rancho Encantado, NM with pricing that ranges from $697 to $5,610. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rancho Encantado ranging from $1,500 to $10,000.

What is the current price range for Rental Homes in Rancho Encantado?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Rancho Encantado ranges from $1,500 to $10,000 with an average monthly rent of $2,921.

How much are larger Three and Four Bedroom Rentals in Rancho Encantado?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Rancho Encantado range from $799 to $5,610, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $3,400. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $3,900.

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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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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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.