Apartments for Rent in Rio Rancho, NM under $1500
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1 bd $1,330+Base rent4.5 (26)201 Pinnacle Drive SE, Rio Rancho, NM 87124Apply online • Pet friendly
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1 bd $1,290Base rent3.5 (14)4101 Meadowlark Lane SE, Rio Rancho, NM 87124Apply online • Pet friendly • In unit laundry
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Studio $1,1731 bd $1,260+Total monthly cost4.5 (16)900 Country Club, Rio Rancho, NM 87124Apply online • Pet friendly • Fitness center
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1 bd $1,0942 bd $1,304Total monthly cost4.0 (4)7810 Paseo 550 Dr NE, Rio Rancho, NM 87144Apply online • Pet friendly • Fitness center
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1 bd $1,0962 bd $1,313Total monthly cost4.5 (13)7780 Paseo 550 Dr NE, Rio Rancho, NM 87144Apply online • Pet friendly • Fitness center
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1 bd $1,0952 bd $1,2983 bd $1,486Base rent Income restricted3200 E Camino Encantadas NE, Rio Rancho, NM 87144Apply online • Pet friendly
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1 bd $964+2 bd $1,149+3 bd $1,321+Base rent Income restricted4501 Safelite Blvd NE, Rio Rancho, NM 87144Apply online • Pet friendly • Fitness center
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1 bd $1,200Base rentCasita, Rio Rancho, NM 87124Pet friendly • Dishwasher • Air conditioner
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More Rentals Near Rio Rancho, NM
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1 bd $1,430+Base rent3.5 (24)8300 Wyoming Boulevard NE, Albuquerque, NM 87113Apply online • Pet friendly • Dishwasher
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1 bd $784+2 bd $935+3 bd $1,073+Base rent Income restricted10400 Universe Blvd NW, Albuquerque, NM 87114Pet friendly • Fitness center • Pool
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Studio $970+1 bd $1,018+2 bd $1,299+Total monthly cost4.0 (17)10600 Cibola Loop NW, Albuquerque, NM 87114Apply online • Pet friendly • Parking
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1 bd $1,042+2 bd $1,338+Total monthly cost4.5 (39)10600 Cibola Loop NW, Albuquerque, NM 87114Apply online • Pet friendly • Parking
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Studio $970+1 bd $1,018+2 bd $1,299+Total monthly cost10600 Cibola Loop NW, Albuquerque, NM 87114Apply online • Pet friendly • Parking
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1 bd $1,500Base rent6601 Tree Line Avenue NW, Albuquerque, NM 87114Apply online • Pet friendly
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1 bd $1,259+Base rent3405 Calle Cuervo NW, Albuquerque, NM 87114Apply online • Pet friendly • Parking
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1 bd $956+2 bd $1,141+Base rent Income restricted3600 Old Airport Rd NW, Albuquerque, NM 87114Apply online • Pet friendly • Fitness center
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1 bd $1,375Base rent3.5 (2)3305 Calle Cuervo NW, Albuquerque, NM 87114Apply online • Pet friendly
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1 bd $1,365+2 bd $1,489+Base rent3.5 (14)9270 Eagle Ranch Road NW, Albuquerque, NM 87114Apply online • Pet friendly • Parking
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1 bd $1,403+2 bd $1,382+Total monthly cost4.0 (43)9180 Coors Blvd, NW, Albuquerque, NM 87120Apply online • Pet friendly • Parking
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1 bd $1,199+2 bd $1,379+Base rent4601 Montano Road NW, Albuquerque, NM 87120Apply online • Pet friendly • Parking
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1 bd $1,329+Base rent3.5 (2)3608 Ladera Drive NW, Albuquerque, NM 87120Apply online • Pet friendly • Parking
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1 bd $1,0542 bd $1,244Base rent4.5 (39)3501 Atrisco Drive NW, Albuquerque, NM 87120Apply online • Pet friendly • Fitness center
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1 bd $1,0492 bd $1,299+3 bd $1,449Base rent5.0 (1)1919 Ladera Drive NW, Albuquerque, NM 87120Apply online • Pet friendly • Fitness center
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1 bd $1,280Base rent4.5 (10)7100 Louisiana Blvd NE, Albuquerque, NM 87109Apply online • Pet friendly • Parking
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1 bd $1,100Base rent9816 Clearwater Street Northwest, Albuquerque, NM 87114Dishwasher • Washer/Dryer
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Frequently asked questions
When were prices and availability in Rio Rancho, NM last updated?
Prices and availability in Rio Rancho, NM were last updated on 13 Aug 2026.
What are the best apartments in Rio Rancho, NM?
The best apartments in Rio Rancho, NM are: Links at High Resort, Blue Agave Villas, Entrada Pointe, 550 Paseo and Casa de Encantada Senior Apartments.
What type of rental buildings are in Rio Rancho, NM?
In Rio Rancho, 18% of the residents are renting compared to 82% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 12% of Rio Rancho's rentals, 23% are small-scale complexes with under 50 units, and 63% are single-family rentals.
Your search for apartments in Rio Rancho, NM under $1,500 stops here
Finding apartments for rent in Rio Rancho, NM for less than $1,500 has never been so easy! At RentCafe nice cheap apartments are just one click away. There are currently 283 available units in Rio Rancho, NM, renting for under $1,500. On average, $1,370 can get you 939 Sqft in this area. Be sure to search for the apartment that is best for you. Under “More”, check the amenities that you consider a must-have, and don’t forget to look at the pet policy. Fitness enthusiasts can even check the Fitness Center box. Whether you are looking for studio apartments, 1 bedroom apartments, 2 bedroom apartments or 3 bedroom apartments, you are sure to find one that will make you want to move in right away.
We’ll help you find the best rental near you
Having to compromise on either price or location can turn your “apartments near me under $1,500” search into a nightmare. At RentCafe we recognize the importance of both. Therefore, we offer a variety of filters that can help you find exactly what you want. Sorting the results by rent, ascending, will make the cheapest units show up first on the list. Try it out! You will find that right now the cheapest apartment under $1,500 in Rio Rancho, NM goes for $784 per month. If some of the results are outside the area of your choice, you can go to the left side of the screen and draw a radius or a polygon around your location. Now you will only see results that are relevant to you.