3 Days Ago
Location
1512 Penasco Rd Ne, Rio Rancho, NM 87144, USA
Tour 1512 Penasco Rd Ne
Contact
Real Property Management Rio Grande
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Property Overview
Located in Rio Rancho, this home offers a balanced mix of practical advantages and appealing features, with strengths that support a range of everyday living needs. It stands out for its notable characteristics while also providing benefits that may appeal to buyers looking for value, comfort, and convenience in the area.
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
Middle school nearby- Less expensive
Great for
Pet owners
Amenities for 1512 Penasco Rd Ne
Appliances
| Dishwasher | In-Unit Laundry |
| Range | Refrigerator |
| Washer and Dryer |
Community
| Dogs OK |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Not allowed
Questions about this property’s policies and fees?
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About 1512 Penasco Rd Ne
Comfortable and functional 3-bedroom, 2-bath home offering approximately 1,180 square feet of living space. This property features a practical layout with spacious bedrooms, two full bathrooms, and a fully fenced backyard—perfect for outdoor enjoyment, pets, or added privacy. A great option for those seeking a simple, comfortable home with outdoor space. Contact for additional details or to schedule a showing. Move in specials for immediate lease signing and move in. *To prioritize your position, apply at www DOT rpmriogrande DOT com SLASH houses-rent. *We do not accept 3rd party applications, such as Zillow. *We do not advertise on or Facebook. PLEASE beware of scams. *All information must be provided as required on the application, or it will be rejected. FEES: Application Fee: $50 After approval: Tenant Admin Fee: $225+tax Pet Fee: $150+tax PER PET Late Fee: 5% of rent Non-sufficient Funds Fee: $50 Lease Compliance Notice Fee: $50 Appointment Cancellation Fee: $50 Utilities Correction Fee: $50 Termination Fee for Noncompliance of Lease: Equal to first month's rent Details on our fees are available at www DOT rpmriogrande DOT com SLASH tenant-fee-disclosure
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1512 Penasco Rd Ne compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
- Less expensive
- The 3-bedrooms are cheaper than other similar listings nearby
Address details
| Zip code | 87144 |
|---|---|
| Type | House for rent |
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Rent trends in Rio Rancho
3-bedroom apartments at 1512 Penasco Rd Ne cost about 18% less than the average rent price for 3-bedroom apartments in Rio Rancho.
Median rents as of Jun 27 2026.
Rio Rancho
| Month | Median Rent |
|---|---|
| July 2024 | $2,065 |
| August 2024 | $2,024 |
| September 2024 | $2,032 |
| October 2024 | $2,093 |
| November 2024 | $1,998 |
| 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 |
Affordability calculator
Can I afford to live at 1512 Penasco Rd Ne?
Bedrooms
3 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$72,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $72,000 annually to afford this 3-bedrooms monthly rent price of $1,800.
For more information on rent affordability, visit our rent calculator.
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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Internet available near 1512 Penasco Rd Ne
Neighborhood
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
Explore the area around 1512 Penasco Rd Ne
Walmart Supercenter
901 Unser Blvd SE
Dulces Y Abar
2003 Southern Blvd SE
Paisano Inc
2003 Southern Blvd SE
United Supermarkets LLC
2200 Unser Blvd SE
Albertsons Market
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Fort Twenty Trading Co
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T Shirts & Things
3516 Flat Iron Rd NE
Michele Unicorn Love Clothing
3719 Linda Vista Ave NE
Quarter Moon Leather
731 Pecos Loop SE
Walmart Supercenter
901 Unser Blvd SE
Gnomad Coffee
1504 Cherry Rd NE
Oval Dogs Coffee
3301 Colmor Meadows Cir NE
Starbucks
1810 Southern Blvd SE
7 Brew Coffee
2010 Southern Blvd SE
Starbucks
951 NM Highway 528 SE
Slate Street Billiards
2003 Southern Blvd SE
Chili's
1001 Unser Blvd SE
Pho Bar
3301 Southern Blvd SE
Turtle Mountain Brewing Co
905 36th Pl SE
Applebee's Grill + Bar
4100 Ridge Rock Rd SE
Badlands Jerky LLC
2740 Northern Blvd NE
Sugar N Glitz
Walmart Deli
901 Unser Blvd SE
Walmart Bakery
901 Unser Blvd SE
Dagmar's Delectables
2704 Southern Blvd SE
Park
Park
Playground
Park
Village Green
Gnomad Coffee
1504 Cherry Rd NE
McDonald's
2151 Northern Blvd NE
Vision Cafe
3002 Civic Center Cir NE
Cafe Luna
3200 Civic Center Cir NE
Smokehouse Barbeque
2600 College Ave NE
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