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Corrales, NM Homes for Rent

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  • /61

    Starting at $1,299 Per Month

    • 1 - 3 Beds

    3305 Calle Cuervo NW, Albuquerque, NM 87114

    Discover modern apartment living at Prisma in Albuquerque's Corrales Village neighborhood. Offering one-, two-, and three-bedroom apartments, Prisma is designed to fit a variety of lifestyles—from growing families to professionals seeking comfort and convenience.Each apartment features a full-size washer and dryer, a fully equipped kitchen, and a private patio or balcony. Our pet-friendly

    Prisma

    (505) 340-3682

    3305 Calle Cuervo NW, Albuquerque, NM 87114
  • /47

    Starting at $1,234 Per Month

    • 1 - 2 Beds

    3405-3505 Calle Cuervo NW, Albuquerque, NM 87114

    Voted Best Apartments by the Albuquerque Readers' Choice in 2023 and recognized as a Top-Rated Apartment Community multiple years in a row, River Walk is a tranquil apartment community located in the desirable Puerta De Corrales neighborhood in Albuquerque, NM. Our community enjoys resort-inspired amenities and easy access to 23 acres of lush landscaping for hiking, biking, and ambling. In

    River Walk at Puerta de Corrales

    (505) 600-7544

    3405-3505 Calle Cuervo NW, Albuquerque, NM 87114
  • /35

    $2,650 Per Month

    • 3 Beds
    • 2 Baths
    • 2,144 Sq Ft
    • House for Rent

    1312 Tiffany Ln SE, Rio Rancho, NM 87124

    Please Note: This home is tenant occupied and require a 24 hour notice of showing. Thank you for your understanding and consideration.Not to be missed, absolutely delightful 3 bedroom, 2 bath, 2 car garage home with refrigerated air, all appliances, island kitchen with gas cooktop, huge covered patio with terrific views of Sandia Mountains (eastern exposure), vaulted ceilings, carpeting in

    Richard Small Advantage Pointe Properties

    1312 Tiffany Ln SE, Rio Rancho, NM 87124
  • /29

    $5,000 Per Month

    • 4 Beds
    • 3.5 Baths
    • 2,993 Sq Ft
    • Living on top of the world in Corrales!!!! Look at these views!!!!

    1215 Coronado Rd, Corrales, NM 87048

    This beautiful Desert Sage custom home features 4 bedrooms 3.5 baths and a 3 car garage, a large deck with stunning mountain views. The home is also for sale and is staged with furniture. The furniture will be removed before a tenant moves in.

    1215 Coronado Rd, Corrales, NM 87048

Why Live in Corrales

Corrales, New Mexico, is a small village with a population of about 8,600, located approximately 15 miles north of downtown Albuquerque. Known as the horse capital of New Mexico, Corrales maintains a strong rural character with expansive lots and adobe Pueblo-style homes. The village's main thoroughfare, Corrales Road, is lined with vintage buildings, shops, and restaurants, including notable spots like Casa Vieja, Ex Novo Brewery, and Perea's Tequila Bar and Restaurant. Local attractions include the historic Old San Ysidro Church and the Casa San Ysidro museum. The area is also known for its vibrant arts scene, with events such as the Corrales Art & Studio Tour and the Old Church Fine Arts Show. Corrales Elementary School, Cibola High School, and Albuquerque Public Schools are highly rated, providing quality education options. Recreational amenities include parks, gyms, and the Robert Bell Skate Park, along with community events like the Corrales Growers Market and the Corrales Harvest Festival. The village is safer than the national average, with low crime rates reported. Corrales also has a unique aspect of property ownership involving water rights and acequias for irrigation. The village's proximity to Albuquerque and Rio Rancho offers additional shopping and dining options, making it a desirable location for those seeking a blend of rural charm and accessibility to urban amenities.

Frequently Asked Questions

How much does it cost to rent a home in Corrales, NM?
The median rent for a home in Corrales, NM is $5,000 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Corrales, NM?
To comfortably afford the median rent in Corrales, NM, a household needs to earn roughly $200,000 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 $5,000 per month in Corrales, NM, renters typically need to show $15,000 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 Corrales, NM?
In Corrales, NM, the price-to-rent ratio is 13.0, 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 Corrales, NM are best for renting a home?
The best neighborhood for renting in Corrales, NM depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Corrales Heights, Cottonwood Heights, Albuquerque Acres West, Solar Village-Mid-Unser and Cabezon, each with its own character and price range.

Rental Trends in Corrales, NM

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$5,000
Median Single Family Home Rent
$1,735
How to Rent a Home