Cheap Apartments for Rent in the Rio Grande Blvd Neighborhood of Albuquerque, NM from $400 (22 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Rio Grande Blvd 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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Candelaria Gardens
2 Bedroom Apartments

Candelaria Gardens

820 Candelaria Rd NWAlbuquerque, NM 87107
  • Utilities Included
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Sawmill Lofts
1 to 3 Bedroom Apartments

Sawmill Lofts

1801 Bellamah Ave NWAlbuquerque, NM 87104
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Aztec Manor
1 to 2 Bedroom Apartments

Aztec Manor

403 Aztec Rd NWAlbuquerque, NM 87107
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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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Faraday
2 Bedroom Apartments

Faraday

4322 4th St NWAlbuquerque, NM 87107
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Fourth Street Flats
2 Bedroom Apartments

Fourth Street Flats

4419 4th St NWAlbuquerque, NM 87107
  • Utilities Included

Rio Grande Blvd, Albuquerque, NM Local Guide

Cheapest Available Rio Grande Blvd Apartments for Rent

 

The cheapest available apartment rental in the Rio Grande Blvd area of Albuquerque, NM is a Studio unit found at Union 505 priced from $831. Peaks at Sandia View has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable Rio Grande Blvd apartments for rent in Albuquerque, NM:

Apartment ListingModel NameBed/BathPriced From
Union 505StudioStudio,1BA$831
Peaks at Sandia View1x1-6401BR,1BA$925
Valley ApartmentsAzure Platinum1BR,1BA$1,025
Stride Westa10a1BR,1BA$1,080
The Artisan @ Sawmill VillageRetail SpaceStudio,1BA$1,120

Best Value Apartments for Rent in Rio Grande Blvd, NM

As of April 12, 2025 the best value apartment in the Rio Grande Blvd area is the $2.29 price per square foot Type C Model at Griegos Farms in the in the Northwest Quadrant neighborhood starting from $2,450. The second greatest value Rio Grande Blvd apartment is the E 2/2 Model at Poblana Place starting at $1,750 with a $1.84 price per square foot in the Northwest Quadrant neighborhood. Here is today’s list of the best values for Rio Grande Blvd apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Griegos FarmsType C2BR,2BA$2.29
Poblana PlaceE 2/22BR,2BA$1.84
AydanSage Renovated2BR,2BA$1.58
Stride Westa10ar - Renovated1BR,1BA$1.58
Las Mananitas ApartmentsLennox1BR,1BA$1.72
Peaks at Los RanchosDesert Breeze1BR,1BA$1.66
Monterey PlaceOne Bedroom1BR,1BA$2.14
The Artisan @ Sawmill Village1x1 Market 647 sq.ft.1BR,1BA$2.09
Peaks at Sandia View1x1R-6401BR,1BA$1.56
Valley ApartmentsAzure Platinum1BR,1BA$1.69

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Rio Grande Blvd, Albuquerque, NM

Ranked #115

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Rio Grande Blvd, Albuquerque, and the greater Albuquerque area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, transit availability, pet-friendly communities, family-friendly amenities, walking, and biking. These search options are in the site filters at the top of this page.

Getting Around the Rio Grande Blvd Neighborhood in Albuquerque, NM

Walk Score®

46 / 100

Car-Dependent

Most errands require a car

Bike Score®

73 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

17 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Rio Grande Blvd Apartments

What is a cheap apartment in Rio Grande Blvd?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Rio Grande Blvd is under $1,550.

What is the price of a cheap apartment in Rio Grande Blvd?

The cheapest apartment in Rio Grande Blvd is Peaks at Sandia View which is listed at $925, while the average apartment in Rio Grande Blvd costs $2,192.

What types of apartments are the cheapest in Rio Grande Blvd?

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 6 regular apartments in Rio Grande Blvd that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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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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.

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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.

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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.