
Cheap Homes for Rent in Rio Rancho Neighborhood of Albuquerque, NM from $1,400 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Rio Rancho area of Albuquerque.


1780 Jeffrey Rd NE

1355 Rio Rancho Blvd SE

2120 Sagecrest Loop

5753 Pinon Altos Rd NW
Rio Rancho, Albuquerque, NM Local Guide

How much does it cost to rent a home in Rio Rancho?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Rio Rancho 2 Bedroom Homes for Rent | $1,600 | $1,400 | $1,900 |
Rio Rancho 3 Bedroom Homes for Rent | $2,237 | $1,800 | $2,795 |
Rio Rancho 4 Bedroom Homes for Rent | $2,585 | $2,000 | $3,595 |
Rio Rancho 5 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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
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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 |
Entrada Pointe | Studio | Studio,1BA | $1,110 |
Best Value Apartments for Rent in Rio Rancho, NM
As of April 08, 2025 the best value apartment in the Rio Rancho area is the $1.71 price per square foot Jade Reno Model at Via Vista Apartment Community in the in the Sunrise Village at Northern Meadows neighborhood starting from $1,955. The second greatest value Rio Rancho apartment is the 2x2TH Model at Meadowlark Apartments starting at $1,600 with a $1.45 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 | $1.71 |
Meadowlark Apartments | 2x2TH | 2BR,2BA | $1.45 |
Links at High Resort | Coronado | 1BR,1BA | $1.55 |
Wintergreen Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $2.05 |
Felician Villa I - Senior 55+ | One Bedroom | 1BR,1BA | $1.44 |
Affinity at Albuquerque 55+ | 1x1 - B3 | 1BR,1BA | $3.38 |
Blue Agave Villas | The Roadrunner | Studio ,1BA | $2.46 |
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 | $4.83 |
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Frequently Asked Questions about Rio Rancho
What type of rentals are currently available in Rio Rancho?
There are currently 48 Apartments for Rent in Rio Rancho, NM with pricing that ranges from $929 to $3,900. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rio Rancho ranging from $1,400 to $3,595.
What is the current price range for Rental Homes in Rio Rancho?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Rio Rancho ranges from $1,400 to $3,595 with an average monthly rent of $2,405.
How much are larger Three and Four Bedroom Rentals in Rio Rancho?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Rio Rancho range from $1,815 to $2,499, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $2,795. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,145.
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.

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.

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.

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.