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Cheap Apartments for Rent in Rio Rancho, NM
Cheap Apartments for Rent in Rio Rancho, NM. 92 Rentals Available
92 Rentals Available
Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,000 Apartments Under $1,100 Apartments Under $1,300
Apartments Under $700
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1 bd $6452 bd $950Base rent4.0 (29)4901 San Mateo Lane NE, Albuquerque, NM 87109Apply online • Pet friendly
Apartments Under $800
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1 bd $766Base rent5.0 (8)121 Cardenas NE, Albuquerque, NM 87108Apply online • Cat friendly
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Studio $775Base rent4.0 (29)5001 San Mateo Lane NE, Albuquerque, NM 87109Apply online • Pet friendly
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Studio $799+1 bd $9552 bd $1,140Base rent4.5 (5)3135 Comanche Rd NE, Albuquerque, NM 87107Apply online • Pet friendly
&cropxunits=300&cropyunits=200&width=480&quality=90 "Kitchen Window")
&cropxunits=300&cropyunits=200&width=480&quality=90 "Kitchen")
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Apartments Under $900
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1 bd $8502 bd $950Base rent4.0 (10)1221 Silver Ave SW, Albuquerque, NM 87102Apply online • Pet friendly
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1 bd $879+2 bd $1,125+Base rent4.0 (39)10000 Menaul Boulevard NE, Albuquerque, NM 87112Apply online • Pet friendly
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1 bd $8892 bd $1,077Base rent4.0 (90)5600 Gibson Blvd. SE, Albuquerque, NM 87108Apply online • Pet friendly • Parking
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1 bd $899+2 bd $1,100+3 bd $1,700+Base rent4.5 (16)3400 Wyoming Blvd, Albuquerque, NM 87111Apply online • Pet friendly
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More Rentals Near Rio Rancho, NM
&cropxunits=300&cropyunits=200&width=480&quality=90 "Furnished Monarch")
&cropxunits=300&cropyunits=200&width=480&quality=90 "Calla Kitchen")
&cropxunits=300&cropyunits=200&width=480&quality=90 "Furnished Monarch 2nd Bedroom")
&cropxunits=300&cropyunits=200&width=480&quality=90 "Clubhouse")
&cropxunits=300&cropyunits=200&width=480&quality=90 "The Pearl at Spring Creek Monument Sign")
Apartments Under $1,000
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Studio $9251 bd $1,145Base rent4.0 (5)400 Coal Avenue, Albuquerque, NM 87102Apply online • Pet friendly
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1 bd $928+2 bd $1,087+Base rent4.5 (40)3011 Jane Pl NE, Albuquerque, NM 87111Apply online • Pet friendly • Parking
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1 bd $9932 bd $1,1703 bd $1,366Total monthly cost4.0 (4)7810 Paseo 550 Dr NE, Rio Rancho, NM 87144Apply online • Pet friendly
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1 bd $995+2 bd $1,420+Base rent4.0 (28)8401 Spain Road NE, Albuquerque, NM 87111Apply online • Pet friendly
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More Rentals Near Rio Rancho, NM
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1 bd $995+2 bd $1,325+Base rent5222 Wyoming Boulevard NE, Albuquerque, NM 87111Apply online • Pet friendly
&cropxunits=300&cropyunits=200&width=480&quality=90 "Dining View")
&cropxunits=300&cropyunits=200&width=480&quality=90 "Model Kitchen")
.jpg?crop=(0,0,300,200)&cropxunits=300&cropyunits=200&width=480&quality=90 "Furnished Bedroom")
&cropxunits=300&cropyunits=200&width=480&quality=90 "Model Living Room")
.jpg?crop=(0,0,291,200)&cropxunits=300&cropyunits=200&width=480&quality=90 "Pool")
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.jpg?width=480&quality=90 "a living room with a couch and a coffee table")
.jpg?width=480&quality=90 "a kitchen with stainless steel appliances and white cabinets")
.jpg?width=480&quality=90 "a bedroom with a bed and a ceiling fan")
.jpg?width=480&quality=90 "the swimming pool at our apartments")
.jpg?width=480&quality=90 "Conference Area")
Apartments Under $1,100
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1 bd $1,0292 bd $1,095+Total monthly cost4.5 (12)7780 Paseo 550 Dr NE, Rio Rancho, NM 87144Apply online • Pet friendly
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1 bd $1,0292 bd $1,299+Base rent5.0 (1)1919 Ladera Drive NW, Albuquerque, NM 87120Apply online • Pet friendly
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1 bd $1,029+2 bd $1,2343 bd $1,426+Base rent3.0 (4)3901 Lafayette Dr NE, Albuquerque, NM 87107Apply online • Pet friendly
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Studio $1,045+1 bd $1,149+2 bd $1,224+Base rent3.5 (27)6401 Academy Road NE, Albuquerque, NM 87109Apply online • Pet friendly
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More Rentals Near Rio Rancho, NM
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1 bd $1,065+2 bd $1,265Base rent4.0 (13)2201 Ambassador Road NE, Albuquerque, NM 87112Apply online • Pet friendly
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Apartments Under $1,300
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1 bd $1,260+2 bd $1,516Total monthly cost4.5 (16)900 Country Club, Rio Rancho, NM 87124Apply online • Pet friendly
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1 bd $1,2802 bd $1,520Base rent3.5 (13)4101 Meadowlark Lane SE, Rio Rancho, NM 87124Apply online • Pet friendly
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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 19 cheap rentals available on RentCafe. Prices and availability in Rio Rancho, NM were last updated on 15 May 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.