17 Hours Ago
Highlights
Pet Friendly
Location
4703 Palmas Altas Dr Se, Rio Rancho, NM 87124, USA
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Amenities for 4703 Palmas Altas Dr Se
Features
| Air Conditioning |
Appliances
| In-Unit Laundry | Microwave |
| Refrigerated Air Conditioning | Washer and Dryer |
Tech
| Keyless Entry |
Community
| Cats OK | Dogs OK |
Grounds
| Assigned Parking | Outdoor Space |
| RV Access | Storage |
| Storage Shed |
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
Parking Policy
Assigned Parking
Dog Policy
Allowed
Limit1
Questions about this property’s policies and fees?
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About 4703 Palmas Altas Dr Se
Nestled in the quiet neighborhood of Corrales Heights, this updated single-family home offers comfort and convenience in beautiful natural surroundings. Located less than three miles from Intel, the property blends peaceful living with an easy commute. This charming 958-square-foot, two-bedroom, one-bath home sits on a fully landscaped and low maintenance one-third acre lot. The private backyard features a large storage shed with shelving, gardening beds, firepit, and a spacious New Mexico-style covered patio, which provides an additional 462 square feet of versatile living space—perfect for relaxing or entertaining year-round. Inside, you will find a large master closet, a fireplace, wood-grain tile throughout, and a bright, refreshed interior with new paint, windows, and doors. The home has been upgraded with new air conditioner, furnace, water heater, garbage disposal, and electrical panel (200 amps). Two driveways (including an RV pad with hookup) offer ample parking and added convenience. Enjoy beautiful views of the Sandia Mountains and take advantage of direct access to nature with the Thomson Fenceline Trail trailhead located at the end of the street. This move-in-ready home is a rare opportunity in a sought-after location—perfect for those looking to enjoy both modern updates and the beauty of the outdoors. A couch, eight-piece patio dining set, five piece wrought iron bistro set, and weight set and bench are available for tenant’s use. TENANT FEE SCHEDULE Homeowner Association Fee: No Association Fee for This Property Water: Per Monthly billing from Authority Sewer: Per Monthly billing from Authority Trash Collection: Per Monthly billing from Authority Electricity: Per Monthly billing from Authority Natural Gas / Propane: Per Monthly billing from Authority Cable TV / Internet: Per Monthly billing from Authority Returned check / NSF fee: $35.00* Late Rent Fee after the First of the Month: 10% of monthly rent Finance Charge on unpaid account at end of the current month: 1.5% of unpaid Amount 7 day notice of violation Re-Inspection: $95.00* Service required labor: $95.00 per hour* Service required materials: Cost plus 20%* Service Provided on Tenant’s Behalf: Cost of work plus 20% or $95.00/ hr. plus materials Application Fee: $50.00 /Applicant over 18 Pet Rent: $50.00 / mo. / pet Tenant requested service /supervision: $95.00 / hour* Tenant lockout fee – Provide access: $150.00 / visit* Service Work Order request through Service Portal: No Charge Service Work Order request by phone, fax, email: $45.00 / ticket* Personal property storage fees: $2.50 per square foot of storage space / mo.* Trip charge to include physical posting of Notices: $95.00* Remove Trash from Property: Cost plus 20% or minimum of $200.00* *plus gross receipts tax - Per Section7-9-3.5 Regulation 3 2 1 17 (B) (1) of the New Mexico Tax Code, “Receipts derived from additional charges made in conjunction with the rental or leasing of property employed in New Mexico are subject to the gross receipts tax.”
Address details
| Zip code | 87124 |
|---|---|
| Type | House for rent |
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Rent trends in Rio Rancho
2-bedroom apartments at 4703 Palmas Altas Dr Se cost about 40% more than the average rent price for 2-bedroom apartments in Rio Rancho.
Median rents as of Mar 21 2026.
Rio Rancho
| Month | Median Rent |
|---|---|
| April 2024 | $1,560 |
| May 2024 | $1,603 |
| June 2024 | $1,631 |
| July 2024 | $1,598 |
| August 2024 | $1,582 |
| September 2024 | $1,592 |
| October 2024 | $1,576 |
| November 2024 | $1,636 |
| December 2024 | $1,629 |
| January 2025 | $1,629 |
| February 2025 | $1,587 |
| March 2025 | $1,611 |
| April 2025 | $1,590 |
| May 2025 | $1,622 |
| June 2025 | $1,549 |
| July 2025 | $1,522 |
| August 2025 | $1,485 |
| September 2025 | $1,500 |
| October 2025 | $1,500 |
| November 2025 | $1,500 |
| December 2025 | $1,375 |
| January 2026 | $1,446 |
| February 2026 | $1,489 |
| March 2026 | $1,500 |
Affordability calculator
Can I afford to live at 4703 Palmas Altas Dr Se?
Bedrooms
2 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
$84,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $84,000 annually to afford this 2-bedrooms monthly rent price of $2,100.
For more information on rent affordability, visit our rent calculator.
Schools near 4703 Palmas Altas Dr Se
Rio Rancho Elementary School
4601 pepe ortiz rd se
rio rancho, NM, 87124
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 4703 Palmas Altas Dr Se
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Rio Rancho near 4703 Palmas Altas Dr Se
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
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 4703 Palmas Altas Dr Se, Rio Rancho
Groceries
4/10
At least one supermarket within a 30-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
2/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Parks
5/10
Moderate amount of park space nearby
Nightlife
2/10
Few or no bars within walking distance
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