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from $9291 to 2 Bedroom Apartments Available Now
Felician Villa I - Senior 55+
1301 Stephanie Rd SERio Rancho, NM 87124
Cheap Apartments for Rent in the Rio Rancho Neighborhood of Albuquerque, NM from $900 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Rio Rancho area of Albuquerque.
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Rent Specials
from $995Studio to 2 Bedroom Apartments Available Now
Blue Agave Villas
4101 Meadowlark Ln SERio Rancho, NM 87124
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from $1,110Studio to 2 Bedroom Apartments Available Now
Entrada Pointe
900 Country Club DrRio Rancho, NM 87124
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Rent Specials
from $1,3001 to 2 Bedroom Apartments Available May 7
Meadowlark Apartments
4201 Meadowlark Ln SERio Rancho, NM 87124
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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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Rio Rancho, Albuquerque, NM Local Guide
How much does it cost to rent an apartment in Rio Rancho?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rio Rancho Studio Apartments | $1,447 | $970 | $1,887 |
| Rio Rancho 1 Bedroom Apartments | $1,619 | $929 | $2,179 |
| Rio Rancho 2 Bedroom Apartments | $2,076 | $1,104 | $2,719 |
| Rio Rancho 3 Bedroom Apartments | $2,072 | $1,800 | $2,499 |
| Rio Rancho 4 Bedroom Apartments | $2,732 | $2,300 | $3,900 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Rio Rancho Neighborhood of Albuquerque, NM.
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Rio Rancho, Albuquerque, NM Local Guide
- Nearby Albuquerque neighborhoods
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Cheapest Available Rio Rancho Apartments for Rent
The cheapest available apartment rental in the Rio Rancho area of Albuquerque, NM is a 1 Bed unit found at Felician Villa I - Senior 55+ priced from $929. The Panorama has the second lowest priced unit, which is a Studio apartment currently listed from $970. Here are the most affordable Rio Rancho apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Felician Villa I - Senior 55+ | One Bedroom | 1BR,1BA | $929 |
| The Panorama | Studio A | Studio,1BA | $970 |
| Blue Agave Villas | The Grove | 1BR,1BA | $995 |
Best Value Apartments for Rent in Rio Rancho, NM
As of April 26, 2025 the best value apartment in the Rio Rancho area is the $1.70 price per square foot Jade Reno Model at Via Vista Apartment Community in the in the Sunrise Village at Northern Meadows neighborhood starting from $1,940. The second greatest value Rio Rancho apartment is the Rio Vista Model at Links at High Resort starting at $1,710 with a $1.51 price per square foot in the Sunrise Village at Northern Meadows neighborhood. Here is today’s list of the best values for Rio Rancho apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Via Vista Apartment Community | Jade Reno | 3BR,2BA | $1.70 |
| Links at High Resort | Rio Vista | 2BR,2BA | $1.51 |
| Wintergreen Apartments | Studio Unit | Studio ,1BA | $2.60 |
| Felician Villa I - Senior 55+ | One Bedroom | 1BR,1BA | $1.44 |
| Blue Agave Villas | The Bandelier | 1BR,1BA | $2.07 |
| Affinity at Albuquerque 55+ | 1x1 - B3 | 1BR,1BA | $3.38 |
| Entrada Pointe | Studio | Studio ,1BA | $2.72 |
| The Panorama | Studio B | Studio ,1BA | $3.25 |
| Furnished Studio-Albuquerque - Rio Rancho | Furnished Studio-Albuquerque - Rio Rancho | Studio ,1BA | $4.97 |
| Furnished Studio-Albuquerque - Rio Rancho | Furnished Studio-Albuquerque - Rio Rancho ... | Studio ,1BA | $6.29 |
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Pet Friendly LifestyleRio Rancho, Albuquerque, NM
Ranked #211
Among neighborhoods in Albuquerque, NM for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Rio Rancho, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
This website is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, cities, and rental properties across New Mexico including Rio Rancho, Albuquerque, and the greater Albuquerque area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for convenient access to the outdoors, luxury housing options, kid and pet-friendly communities, availability of transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Rio Rancho Neighborhood in Albuquerque, NM
Walk Score®
38 / 100
Car-Dependent
Most errands require a car
Bike Score®
42 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Rio Rancho Apartments
What is the Cheapest Studio apartment in Rio Rancho?
Currently the most affordable Cheap Studio Apartment in Rio Rancho is at The Panorama listed at $970.
How much is rent for a Cheap One Bedroom Rio Rancho Apartment?
The lowest price for a Cheap One Bedroom Rio Rancho Apartment is $929 at Felician Villa I - Senior 55+.
What is the lowest price for a Cheap Two Bedroom Rio Rancho Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Rio Rancho is starting from $1,104 at Felician Villa I - Senior 55+.
What is the most affordable Rio Rancho Three Bedroom Apartment?
The best deal on a cheap Rio Rancho Three Bedroom Apartment rental is at Links at High Resort and starts from $1,815.
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.