95 Eventide Rd SE
Rio RanchoNM87124
Cheap Homes for Rent in Rio Rancho, NM from $1,100 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Rio Rancho.
10316 Docena Pl NW
AlbuquerqueNM87114
7615 Prairie Falcon Ave NW
AlbuquerqueNM87114
Check Out Albuquerque’s Best Affordable Neighborhoods
Learn about Albuquerque and the best places to live with original content written by our Local Expert Esther Lombardi
2327 Berkeley Ave NE
Rio RanchoNM87144
000 Rockaway Blvd NE
AlbuquerqueNM87124
916 Tiffin Meadows Dr
Rio RanchoNM87144
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
420 Vancouver Pl SE
Rio RanchoNM87124
4801 Irving Blvd NW
AlbuquerqueNM87114
5605 Crown Ridge Rd NW
AlbuquerqueNM87114
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
3012 Winston Meadows Dr NE
Rio RanchoNM87144
6900 Brindisi Pl NW
AlbuquerqueNM87114
1638 Perma Dr NE
Rio RanchoNM87144
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, 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 | $1,537 | $1,100 | $1,725 |
| Rio Rancho 3 Bedroom Homes for Rent | $2,331 | $1,850 | $3,200 |
| Rio Rancho 4 Bedroom Homes for Rent | $2,461 | $1,750 | $2,795 |
| Rio Rancho 5 Bedroom Homes for Rent | $3,331 | $2,895 | $4,000 |
Browse Top Homes for Rent in Rio Rancho
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Rio Rancho, NM Local Guide
- Rio Rancho Neighborhoods
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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. Panorama in the Sunrise Village at Northern Meadows neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $970. 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 |
| Panorama | Studio C | Studio,1BA | $970 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $993 |
| Odyssey Apartments | a10a | 1BR,1BA | $1,033 |
| River Walk at Puerta de Corrales | Greenway | 1BR,1BA | $1,149 |
Best Value Apartments for Rent in Rio Rancho, NM
As of May 19, 2025 the best value apartment in the Rio Rancho area is the $1.83 price per square foot JADE Model at Via Verde in the in the Paradise Hills neighborhood starting from $2,075. The second greatest value Rio Rancho apartment is the 2B SPL: Cypress (Premium) Model at Cottonwood Ranch starting at $1,599 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 Verde | JADE | 2BR,2BA | $1.83 |
| Cottonwood Ranch | 2B SPL: Cypress (Premium) | 2BR,2BA | $1.45 |
| Via Vista Apartment Community | Amber Reno | 2BR,2BA | $1.76 |
| Resort at Sandia Village | 2x2 Reno | 2BR,2BA | $1.85 |
| Eagle Ranch Apartments | Alisal | 2BR,2BA | $1.72 |
| Links at High Resort | Coronado | 1BR,1BA | $1.53 |
| The Aspens | The Maple | 1BR,1BA | $1.61 |
| Circ | Madison | 1BR,1BA | $1.79 |
| Felician Villa I - Senior 55+ | One Bedroom | 1BR,1BA | $1.44 |
| Casa de Encantada Senior Apartments | One Bedroom | 1BR,1BA | $1.71 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Rio Rancho
What type of rentals are currently available in Rio Rancho?
There are currently 81 Apartments for Rent in Rio Rancho, NM with pricing that ranges from $929 to $8,500. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rio Rancho ranging from $1,100 to $4,000.
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 $1,100 to $4,000 with an average monthly rent of $2,415.
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 $1,485 to $7,224, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $2,285.
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.
A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque
Written by: Esther Lombardi
Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.