Apartment for rent

Pet friendly

5+ Days Ago

7.9

Very Good

Arrowhead Ridge Apartments
4515 Arrowhead Ridge Dr Se, Rio Rancho, NM 87124, USA

4515 Arrowhead Ridge Dr Se, Rio Rancho, NM 87124, USA

7.9

Very Good

Monthly rent	$940–$1,337
Beds	1–3
Baths	1–2
Sqft	747–1,082

Monthly rent	$940–$1,337
Beds	1–3
Baths	1–2
Sqft	747–1,082

5+ Days Ago

Highlights

Pet Friendly

On-site clubhouse
Fully equipped fitness center
Private patios or balconies
Playground
Spacious floor plans
Professional on-site management

Location

4515 Arrowhead Ridge Dr Se, Rio Rancho, NM 87124, USA

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Tour Arrowhead Ridge

Property Overview

Arrowhead Ridge offers strong overall value with a 7.9/10 expert rating, excellent price-to-value (8/10), and standout amenities and location (both 9/10), including a clubhouse, fitness center, playground, and private outdoor spaces. Residents benefit from spacious floor plans, professional on-site management, detailed property information with plenty of photos, and convenient proximity to highly rated schools. The community is also particularly favorable for pet owners, with outdoor areas and multiple nearby pet services and a pet hospital.

Zumper Expert Rating

7.9

Very Good

Arrowhead Ridge is worth considering and a notable rental in the neighborhood. Residents prioritizing Amenities will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.

Things you’ll love

Elementary school nearby
High school nearby
Less expensive

Great for

Pet owners

Floor plans

Arrowhead Ridge - One Bedroom - 60% AMI	1 bed	1 bath	747 sqft	$961 /mo
Arrowhead Ridge - Two Bedroom - 50% AMI	2 bed	2 bath	967 sqft	$940 /mo
Arrowhead Ridge - Two Bedroom - 60% AMI	2 bed	2 bath	967 sqft	$1,146 /mo
Arrowhead Ridge - Three Bedroom - 50% AMI	3 bed	2 bath	1,082 sqft	$1,066 /mo
Arrowhead Ridge - Three Bedroom - 60% AMI	3 bed	2 bath	1,082 sqft	$1,337 /mo

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Amenities for Arrowhead Ridge

Apartment Amenities

Air Conditioning

Appliances

In-Unit Laundry

Building

Cats OK	Dogs OK
Fitness Center

Grounds

Outdoor Space

Swimming Pool

Services

On-Site Management

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

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

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Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

About Arrowhead Ridge

Home

Apartments in Rio Rancho

Arrowhead Ridge

Welcome to Arrowhead Ridge , an income-restricted apartment community in Rio Rancho, New Mexico, offering affordable rental housing for households that meet established income limits. Our income-restricted apartments for rent in Rio Rancho feature spacious floor plans with in-unit washer and dryer connections, private patios or balconies, and ample cabinetry for comfortable, functional living. Residents enjoy access to community amenities including a refreshing swimming pool, a fully equipped fitness center, an on-site clubhouse, and a playground—ideal for individuals and families alike. With professional on-site management and 24-hour emergency maintenance, Arrowhead Ridge provides dependable service and peace of mind. Residency is limited to qualified households meeting income eligibility requirements, with rent determined according to program guidelines. Arrowhead Ridge is proud to offer affordable, income-restricted housing in a convenient Rio Rancho location close to shopping, schools, and everyday essentials.

Zumper Expert Rating

7.9

/10

Very Good

How we rated Arrowhead Ridge

Price·8

Scoring a 8/10, Arrowhead Ridge is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.

Amenities·9

Arrowhead Ridge goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, Arrowhead Ridge receives one of the highest amenities scores.

Location·9

Arrowhead Ridge is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.

Quality·6

While Arrowhead Ridge does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.

Trustworthiness·7

Arrowhead Ridge provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Arrowhead Ridge is great for:

Pet owners

Outdoor spaces are available at this property
5 pet grooming services nearby
8 pet supply stores near the property
1 pet hospital in the area

Property highlights

How Arrowhead Ridge compares to other nearby properties.

Positives

Elementary school nearby: There is an elementary school 1 mile away
High school nearby: There is a high school 1 mile away
Less expensive: The 1-bedrooms are cheaper than other similar listings nearby
Less expensive: The 2-bedrooms are cheaper than other similar listings nearby
Less expensive: The 3-bedrooms are cheaper than other similar listings nearby
Middle school nearby: There is a middle school 0.2 mile away
Images Available: There are at least 10 photos of this address

Considerations

No in-unit dishwasher: Dishwashers aren't available

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Rent trends in Rio Rancho

1-bedroom apartments here are priced 23% lower than 1-bedrooms in Rio Rancho.

If you decide to upgrade your space, you can expect 2-bedrooms at Arrowhead Ridge to be 30% less than the average for similarly sized apartments in Rio Rancho.

3-bedroom apartments at Arrowhead Ridge cost about 43% less than the average rent price for 3-bedroom apartments in Rio Rancho.

Median rents as of Apr 25 2026.

Rio Rancho

A table of studio rental data trends in Rio Rancho
Month	Median Rent
May 2024	$1,657
June 2024	$1,722
July 2024	$1,657
January 2025	$1,887
February 2025	$1,887
March 2025	$1,887
June 2025	$1,149
July 2025	$1,128
August 2025	$1,185
October 2025	$1,200
November 2025	$1,200
December 2025	$1,174
January 2026	$1,127
February 2026	$1,127
March 2026	$1,149
April 2026	$1,174

Affordability calculator

Can I afford to live at 4515 Arrowhead Ridge Dr Se?

Bedrooms

Rent-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

$38,440/yr

With your selected rent-to-income ratio, you'd ideally want to make $38,440 annually to afford this 1-bedroom monthly rent price of $961.

For more information on rent affordability, visit our rent calculator.

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