4801 Irving Blvd NW
AlbuquerqueNM87114
Cheap Homes for Rent in Rio Rancho, NM from $1,400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Rio Rancho.
923 Country Club Dr SE
Rio RanchoNM87124
4858 Platinum Loop NE
Rio RanchoNM87124
1355 Rio Rancho Blvd SE
Rio RanchoNM87124
330 Wagon Train Dr SE
Rio RanchoNM87124
604 Idalia Rd SW
Rio RanchoNM87124
7316 Syr Dr NE
Rio RanchoNM87144
2120 Sagecrest Loop
Rio RanchoNM87124
1365 Lil Ave NE
Rio RanchoNM87144
415 Bermuda Dr SE
Rio RanchoNM87124
7284 Spruce Mountain Loop NE
Rio RanchoNM87144
6305 Scottsdale Ave NW
AlbuquerqueNM87114
7604 Snowy Egret Pl NW
AlbuquerqueNM87114
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Rio Rancho, 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 | $1,565 | $1,450 | $1,700 |
| Rio Rancho 3 Bedroom Homes for Rent | $2,120 | $1,600 | $2,895 |
| Rio Rancho 4 Bedroom Homes for Rent | $2,504 | $1,895 | $3,500 |
| Rio Rancho 5 Bedroom Homes for Rent | $3,450 | $3,450 | $3,450 |
Browse Top Homes for Rent in Rio Rancho
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Rio Rancho, NM Local Guide
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Cheapest Neighborhoods for Apartments in Rio Rancho, NM
Pricing Updated: 03/20/2025Current apartment rentals in the Rio Rancho, NM area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Rio Rancho Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|
Cheapest Available Rio Rancho Apartments for Rent
The cheapest available apartment rental in Rio Rancho, NM is a 1 Bed unit found at Felician Villa I - Senior 55+ in the Sunrise Village at Northern Meadows neighborhood priced from $929. Felician Villa II - Senior 55+ in the Sunrise Village at Northern Meadows neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $929. Here is today’s list of the most affordable Rio Rancho apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Felician Villa I - Senior 55+ | One Bedroom | 1BR,1BA | $929 |
| Felician Villa II - Senior 55+ | One Bedroom | 1BR,1BA | $929 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $936 |
| The Panorama | Studio A | Studio,1BA | $970 |
| Blue Agave Villas | The Grove | 1BR,1BA | $1,095 |
Best Value Apartments for Rent in Rio Rancho, NM
As of March 21, 2025 the best value apartment in the Rio Rancho area is the $1.07 price per square foot 6016 Park S Pl NW Model at 6016 Park S Pl NW in the in the Paradise Hills neighborhood starting from $2,565. The second greatest value Rio Rancho apartment is the 7032 Hearthstone Rd NW Model at 7032 Hearthstone Rd NW starting at $2,459 with a $1.04 price per square foot in the Paradise Hills 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. |
|---|---|---|---|
| 6016 Park S Pl NW | 6016 Park S Pl NW | 4BR,2.5BA | $1.07 |
| 7032 Hearthstone Rd NW | 7032 Hearthstone Rd NW | 4BR,2BA | $1.04 |
| 6140 Park Hill Ave NW | 6140 Park Hill Ave NW | 4BR,2.5BA | $1.04 |
| 1833 Chicoma Rd NE | 1833 Chicoma Rd NE | 4BR,2.5BA | $1.07 |
| 7404 Junco Pl NW | 7404 Junco Pl NW | 4BR,2BA | $1.16 |
| 1734 Gallinas Rd NE | 1734 Gallinas Rd NE | 4BR,2BA | $1.29 |
| 409 Peaceful Meadows Dr NE | 409 Peaceful Meadows Dr NE | 4BR,2BA | $1.29 |
| 10566 Vista Bella Pl NW | 10566 Vista Bella Pl NW | 4BR,2BA | $1.29 |
| 3205 Chama Meadows Dr NE | 3205 Chama Meadows Dr NE | 3BR,2BA | $1.31 |
| 5000 Shadow Rock Rd NW | 5000 Shadow Rock Rd NW | 4BR,2BA | $1.32 |
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Frequently Asked Questions about Rio Rancho
What type of rentals are currently available in Rio Rancho?
There are currently 101 Apartments for Rent in Rio Rancho, NM with pricing that ranges from $929 to $8,500. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rio Rancho ranging from $1,450 to $3,500.
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 $1,450 to $3,500 with an average monthly rent of $2,409.
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 $1,470 to $7,509, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $2,895. Four Bedroom Single-Family rentals are also available starting from $1,895 and Four Bedroom Apartments start at $2,400.
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.
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.
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.