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Newest Homes for Rent in Bernalillo, NM

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  • /18

    Starting at $1,095 Per Month

    • 1 - 4 Beds

    3200 Camino Encantadas NE, Rio Rancho, NM 87144

    You can have it all at Sandoval Flats! Our brand new affordable apartments in Rio Rancho, NM, offer you affordable rates, modern amenities and a convenient location. Sandoval Flats sets the standard for affordable living in Rio Rancho, New Mexico. When you select one of our 1, 2, 3 or 4 bedroom pet-friendly apartments, you get a place to proudly call home. Each one of our floor plans has been

    Sandoval Flats

    (505) 533-2760

    3200 Camino Encantadas NE, Rio Rancho, NM 87144
  • /31

    Starting at $1,595 Per Month

    • 1 - 3 Beds

    266 Lucas Ln, Bernalillo, NM 87004

    Welcome home to Coronado Townhomes where convenience and comfort maximize your lifestyle. With private yards or balconies, updated appliances, and sophisticated finishes, our 2 bedroom apartments and 3 bedroom townhomes in Bernalillo, NM, have everything you need to step into a life of ease in a place that instantly feels like home. The Town of Bernalillo was founded in 1695. Coronado Townhomes

    Coronado Townhomes

    (505) 337-4062

    266 Lucas Ln, Bernalillo, NM 87004
  • /14

    $2,030

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,455 Sq Ft
    • House for Rent

    1215 San Luis St, Bernalillo, NM 87004

    This property is professionally managed by AMH Living, LLC, a leading single-family rental company. We expect to make this property available for showings soon. We work to simplify your rental experience by offering self-guided tours and a streamlined leasing process you can complete all online, all on your own schedule. Once moved in, we provide maintenance support that you can rely on, so you

    (505) 393-7831

    1215 San Luis St, Bernalillo, NM 87004
  • /20

    Starting at $1,385 Per Month

    • 1 - 2 Beds

    247 U S 550, Bernalillo, NM 87004

    Beautiful brand new and modern apartments conveniently located between Albuquerque and Santa Fe. Luxury vinyl floors throughout, stainless steel appliances, and all electric. A dream home for anyone that works in Santa Fe or Albuquerque and want to avoid the high costs as well as the traffic. Walking distance to restaurants, shopping centers, public transportation, schools etc.

    The Orchards

    (505) 544-4989

    247 U S 550, Bernalillo, NM 87004

Frequently Asked Questions

How much does it cost to rent a home in Bernalillo, NM?
The median rent for a home in Bernalillo, NM is $1,765 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Bernalillo, NM?
To comfortably afford the median rent in Bernalillo, NM, a household needs to earn roughly $70,600 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,765 per month in Bernalillo, NM, renters typically need to show $5,295 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Bernalillo, NM?
In Bernalillo, NM, the price-to-rent ratio is 18.4, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Bernalillo, NM are best for renting a home?
The best neighborhood for renting in Bernalillo, NM depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Enchanted Hills, Corrales Heights, Central Rio Rancho, Albuquerque Acres West and Solar Village-Mid-Unser, each with its own character and price range.

Rental Home Trends in Bernalillo, NM

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,765
Median Single Family Home Rent
$2,000
How to Rent a Home