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Updated 5+ Days Ago

Highlights

  • Spacious bedrooms
  • Fully fenced backyard
  • Comfortable home

Location

1512 Penasco Rd Ne, Rio Rancho, NM 87144, USA

Property Overview

Spacious bedrooms, a fully fenced backyard, and a comfortable layout give the home an inviting feel. Strong value for money, 11 available photos, and proximity to a top-rated middle school add appeal, while pet friendliness with no breed restrictions and a required pet deposit is another plus.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Less expensive

Great for

  • Pet owners

Available rentals nearby

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532 Cancun Loop Ne

3 Beds

$1,885–$2,010

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
featured image of 4515 Arrowhead Ridge Dr Se

4515 Arrowhead Ridge Dr Se

3 Beds

$1,474

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 624 Hermit Falls Dr Se

624 Hermit Falls Dr Se

3 Beds

$1,850

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 1712 Blueberry Dr Ne #NA

1712 Blueberry Dr Ne #NA

3 Beds

$1,875

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
featured image of 3422 Stony Meadows Cir Ne

3422 Stony Meadows Cir Ne

3 Beds

$1,902

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 4248 Sabana Loop Se

4248 Sabana Loop Se

3 Beds

$1,700

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 3652 Oasis Springs Rd Ne

3652 Oasis Springs Rd Ne

3 Beds

$1,850

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
featured image of 642 Lakeview Cir Se

642 Lakeview Cir Se

3 Beds

$1,850

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 532 Cancun Loop Ne

532 Cancun Loop Ne

3 Beds

$1,885–$2,010

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
featured image of 4515 Arrowhead Ridge Dr Se

4515 Arrowhead Ridge Dr Se

3 Beds

$1,474

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 624 Hermit Falls Dr Se

624 Hermit Falls Dr Se

3 Beds

$1,850

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 1712 Blueberry Dr Ne #NA

1712 Blueberry Dr Ne #NA

3 Beds

$1,875

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
featured image of 3422 Stony Meadows Cir Ne

3422 Stony Meadows Cir Ne

3 Beds

$1,902

Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
featured image of 4248 Sabana Loop Se

4248 Sabana Loop Se

3 Beds

$1,700

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
featured image of 3652 Oasis Springs Rd Ne

3652 Oasis Springs Rd Ne

3 Beds

$1,850

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
featured image of 642 Lakeview Cir Se

642 Lakeview Cir Se

3 Beds

$1,850

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Rent trends in Rio Rancho

3-bedroom apartments at 1512 Penasco Rd Ne cost about 19% less than the average rent price for 3-bedroom apartments in Rio Rancho.

Median rents as of Oct 31 2026.
Rio Rancho
A table of 3-bedroom apartment rental data trends in Rio Rancho
MonthMedian Rent
November 2024$1,996
December 2024$2,009
January 2025$2,078
February 2025$2,093
March 2025$2,042
April 2025$2,112
May 2025$2,100
June 2025$1,992
July 2025$2,100
August 2025$2,008
September 2025$1,996
October 2025$2,040
November 2025$2,069
December 2025$1,999
January 2026$2,009
February 2026$2,031
March 2026$2,030
April 2026$2,162
May 2026$2,100
June 2026$2,145
July 2026$2,237
August 2026$2,243
September 2026$2,185
October 2026$2,157

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 1512 Penasco Rd Ne, Rio Rancho, NM.
3 months ago$1,700

Schools near 1512 Penasco Rd Ne

Colinas del Norte Elementary School

1001 night sky ave ne

rio rancho, NM, 87144

K-5Public
A-

Shining Stars Preschool

2100 lionel st ne

rio rancho, NM, 87144

PKPublic

Joe Harris Elementary School

2100 10th st se

rio rancho, NM, 87124

K-5Public
A-

SPARRK ONLINE ACADEMY

2100 10th st se

rio rancho, NM, 87124

K-5Public
B+

LA ESCUELITA EARLY CHILDHOOD

301 calle de escuela

bernalillo, NM, 87004

PKPublic
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Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Rio Rancho near 1512 Penasco Rd Ne

Walking

3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

3/10
This is semi-bikeable, but you’ll need another way of getting around.

Points of interest for 1512 Penasco Rd Ne, Rio Rancho

Groceries

3/10
Some groceries within a short drive

Shopping

2/10
Some shops within a short drive

Cafes

6/10
Variety of cafés within a short drive

Restaurants

4/10
Some restaurants within a short drive

Primary schools

1/10
Closest elementary school further than a 30-minute walk

High schools

1/10
Closest high school further than a 30-minute walk

Nightlife

2/10
Few or no bars within a short drive

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