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Cheap Apartments for Rent in Rio Rancho, NM

Cheap Apartments for Rent in Rio Rancho, NM. 102 Rentals Available
102 Rentals Available
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Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,000 Apartments Under $1,100 Apartments Under $1,200

Apartments Under $700

  • A kitchen with a refrigerator and cabinets.
    Only 1 unit left
    1 bd $645
    2 bd $950
    Base rent
    Verified Listing

    4.0 (29)
    4901 San Mateo Lane NE, Albuquerque, NM 87109
    Apply online • Pet friendly

Apartments Under $800

  • a living room and kitchen with a couch and a table
    Rent specials
    1 bd $766
    Base rent
    Verified Listing

    5.0 (8)
    121 Cardenas NE, Albuquerque, NM 87108
    Apply online • Cat friendly
  • a kitchen with white cabinets and a refrigerator and a sink
    Only 3 units left
    Studio $775
    Base rent
    Verified Listing

    4.0 (29)
    5001 San Mateo Lane NE, Albuquerque, NM 87109
    Apply online • Pet friendly
  • a living room with two couches and a rug
    Rent specials
    Studio $799+
    1 bd $955
    2 bd $1,140
    Base rent
    Verified Listing

    4.5 (5)
    3135 Comanche Rd NE, Albuquerque, NM 87107
    Apply online • Pet friendly

Apartments Under $900

  • A kitchen with white appliances and a checkered floor.
    Only 2 units left
    1 bd $850
    2 bd $950
    Base rent
    Verified Listing

    4.0 (10)
    1221 Silver Ave SW, Albuquerque, NM 87102
    Apply online • Pet friendly
  • a living room and dining room with a table and a television
    Rent specials Rewards
    1 bd $889
    2 bd $1,077
    Base rent
    Verified Listing

    4.0 (90)
    5600 Gibson Blvd. SE, Albuquerque, NM 87108
    Apply online • Pet friendly • Parking

Apartments Under $1,000

  • a kitchen with a large window and a white counter top
    Only 2 units left
    Studio $925
    1 bd $1,145
    Base rent
    Verified Listing

    4.0 (5)
    400 Coal Avenue, Albuquerque, NM 87102
    Apply online • Pet friendly
  • A living room with a grey couch, a grey chair, a wooden table with a yellow bottle on it, and a lamp on a side table.
    Rent specials Rewards
    1 bd $928+
    2 bd $1,087
    Base rent
    Verified Listing

    4.5 (40)
    3011 Jane Pl NE, Albuquerque, NM 87111
    Apply online • Pet friendly • Parking
  • A living room with a grey carpet and a grey couch.
    10 units available
    1 bd $955+
    2 bd $1,125+
    Base rent
    Verified Listing

    4.0 (39)
    10000 Menaul Boulevard NE, Albuquerque, NM 87112
    Apply online • Pet friendly
  • a living room with a couch and a coffee table
    Rent specials
    1 bd $960+
    2 bd $1,310+
    Base rent
    Verified Listing

    4.0 (28)
    8401 Spain Road NE, Albuquerque, NM 87111
    Apply online • Pet friendly

  • More Rentals Near Rio Rancho, NM

  • A living room with a glass table and a sofa.
    New units available 4 units available
    1 bd $990+
    2 bd $1,195+
    3 bd $1,720+
    Base rent
    Verified Listing

    4.5 (16)
    3400 Wyoming Blvd, Albuquerque, NM 87111
    Apply online • Pet friendly
  • a living room and dining room with a table and chairs
    Rent specials 13 units available
    Studio $999+
    1 bd $1,150+
    2 bd $1,224+
    Base rent
    Verified Listing

    3.5 (27)
    6401 Academy Road NE, Albuquerque, NM 87109
    Apply online • Pet friendly

Apartments Under $1,100

  • A living room with a grey couch and a wooden coffee table.
    New units available
    1 bd $1,029
    2 bd $1,299+
    3 bd $1,449
    Base rent
    Verified Listing

    5.0 (1)
    1919 Ladera Drive NW, Albuquerque, NM 87120
    Apply online • Pet friendly
  • a living room with a couch and a coffee table
    10 units available
    1 bd $1,029+
    2 bd $1,234
    3 bd $1,399+
    Base rent
    Verified Listing

    3.0 (4)
    3901 Lafayette Dr NE, Albuquerque, NM 87107
    Apply online • Pet friendly
  • A living room with a couch, a table, and a painting on the wall.
    New units available 6 units available
    1 bd $1,070+
    Base rent
    Verified Listing

    5222 Wyoming Boulevard NE, Albuquerque, NM 87111
    Apply online • Pet friendly
  • a kitchen with a sink and a refrigerator
    6 units available
    1 bd $1,070+
    2 bd $1,270+
    Base rent
    Verified Listing

    4.0 (13)
    2201 Ambassador Road NE, Albuquerque, NM 87112
    Apply online • Pet friendly

  • More Rentals Near Rio Rancho, NM

  • A living room with a green couch and a wooden coffee table.
    1 bd $1,096
    2 bd $1,313
    Total monthly cost
    Verified Listing

    4.5 (12)
    7780 Paseo 550 Dr NE, Rio Rancho, NM 87144
    Apply online • Pet friendly

Apartments Under $1,200

  • a living room and dining room with a table and chairs
    Rent specials 17 units available
    Studio $1,145
    1 bd $1,280
    2 bd $1,520
    Base rent
    Verified Listing

    3.5 (13)
    4101 Meadowlark Lane SE, Rio Rancho, NM 87124
    Apply online • Pet friendly
  • A living room with a large couch and a coffee table.
    2 bd $1,182
    3 bd $1,366
    Total monthly cost
    Verified Listing

    4.0 (4)
    7810 Paseo 550 Dr NE, Rio Rancho, NM 87144
    Apply online • Pet friendly
  • A living room with a black metal railing and a bookshelf filled with books.
    New units available 10 units available
    1 bd $1,260
    2 bd $1,516
    Total monthly cost
    Verified Listing

    4.5 (16)
    900 Country Club, Rio Rancho, NM 87124
    Apply online • Pet friendly
4-16-city

Frequently asked questions

What is the price of a cheap apartment in Rio Rancho, NM?

The price range of a cheap apartment is between $993 and $1,620.

How many cheap rentals are available in Rio Rancho, NM on RentCafe?

There are 25 cheap rentals available on RentCafe. Prices and availability in Rio Rancho, NM were last updated on 4 Jun 2026.

What is the average size of a cheap apartment in Rio Rancho, NM?

The average Rio Rancho, NM cheap apartment size is 737 sq. ft.

What are the advantages of renting a cheap apartment in Rio Rancho, NM?

Cheap apartments in Rio Rancho, NM are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Rio Rancho, NM?

A cheap apartment in Rio Rancho, NM offers little storage space and fewer amenities compared to other apartments.