Cheap Apartments for Rent in Rio Rancho, NM
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 • In unit laundry
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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 • Fitness center
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&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 $8892 bd $1,077Base rent4.0 (92)5600 Gibson Blvd. SE, Albuquerque, NM 87108Apply online • Pet friendly • Parking
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&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")
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Apartments Under $1,000
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Studio $925Base rent4.0 (5)400 Coal Avenue, Albuquerque, NM 87102Apply online • Pet friendly • Fitness center
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1 bd $928+2 bd $1,087Base rent4.5 (40)3011 Jane Pl NE, Albuquerque, NM 87111Apply online • Pet friendly • Parking
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1 bd $930+2 bd $1,295+Base rent4.0 (28)8401 Spain Road NE, Albuquerque, NM 87111Apply online • Pet friendly
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1 bd $950+2 bd $1,105+3 bd $1,720+Base rent4.5 (16)3400 Wyoming Blvd, Albuquerque, NM 87111Apply online • Pet friendly • Fitness center
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More Rentals Near Rio Rancho, NM
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1 bd $965+2 bd $1,135+Base rent4.0 (39)10000 Menaul Boulevard NE, Albuquerque, NM 87112Apply online • Pet friendly • Pool
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1 bd $990+2 bd $1,270+Base rent4.0 (13)2201 Ambassador Road NE, Albuquerque, NM 87112Apply online • Pet friendly • Parking
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1 bd $9932 bd $1,1823 bd $1,366Total monthly cost4.0 (4)7810 Paseo 550 Dr NE, Rio Rancho, NM 87144Apply online • Pet friendly • Fitness center
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1 bd $995+2 bd $1,330+Base rent5222 Wyoming Boulevard NE, Albuquerque, NM 87111Apply online • Pet friendly • Fitness center
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Studio $999+1 bd $1,150+2 bd $1,224+Base rent3.5 (27)6401 Academy Road NE, Albuquerque, NM 87109Apply online • Pet friendly • Parking
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&cropxunits=300&cropyunits=200&width=480&quality=90 "Model Kitchen")
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&cropxunits=300&cropyunits=200&width=480&quality=90 "Model Living Room")
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.jpg?width=480&quality=90 "a bedroom with a bed and a ceiling fan")
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.jpg?width=480&quality=90 "Conference Area")
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Apartments Under $1,100
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1 bd $1,047+2 bd $1,2343 bd $1,420+Base rent3.0 (4)3901 Lafayette Dr NE, Albuquerque, NM 87107Pet friendly • In unit laundry • Dishwasher
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1 bd $1,0962 bd $1,313Total monthly cost4.5 (12)7780 Paseo 550 Dr NE, Rio Rancho, NM 87144Apply online • Pet friendly • Fitness center
Apartments Under $1,300
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1 bd $1,2602 bd $1,516Total monthly cost4.5 (16)900 Country Club, Rio Rancho, NM 87124Apply online • Pet friendly • Fitness center
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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 • In unit laundry
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2 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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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 22 cheap rentals available on RentCafe. Prices and availability in Rio Rancho, NM were last updated on 19 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.
Looking for a cheap apartment for rent in Rio Rancho, NM? With RentCafe, finding an affordable apartment in Rio Rancho, NM has never been easier. We feature 124 low-priced rentals directly from property managers, with rents lower than the Rio Rancho, NM average. What is a cheap rent in Rio Rancho, NM? The average apartment rent in Rio Rancho is $1,590 per month so any rental south of $1,272 would be considered cheap here. On RentCafe, Rio Rancho, NM rents go as low as $645/mo.