Apartments for Rent in the Rio Rancho Neighborhood of Albuquerque, NM Under $1,500 (13 Rentals)

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Rio Rancho, Albuquerque, NM Local Guide

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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 Rio Rancho

How much are Studio apartments in Rio Rancho?

There are currently 15 Studio Apartments in Rio Rancho with rent ranges from $1,098 to $1,887 with an average price of $1,312.

What is the current price range for One Bedroom Rio Rancho Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Rio Rancho ranges from $800 to $2,179 with an average monthly rent of $1,557.

What does renting a Two Bedroom Apartment in Rio Rancho cost?

The monthly rent prices of Two Bedroom Apartments currently available in Rio Rancho range from $1,104 to $2,719. Today's average rental price for Two Bedrooms here is $2,018.

How expensive are Rio Rancho Three Bedroom Apartments?

There are currently 34 Three Bedroom Apartments listings available in Rio Rancho on ApartmentHomeLiving.com. The pricing ranges from $1,600 to $3,400 - averaging $2,177 for the location.

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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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.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.