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Home / Albuquerque Area Apartments / Rio Rancho / 1512 Penasco Rd NE
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Updated 1 minute ago

1512 Penasco Rd NE


Rio Rancho, NM

3 Bed
•
2 Bath

1,183 Sq. Ft.

Available starting Jul. 6th
Floor plans
3 Beds • 2 Bath
$1,800
1183 ft2
1 Available
Managed By: Real Property Management Rio Grande
-
$1,800
Available Jul 6th, 2026
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1512 Penasco Rd NE
1512 Penasco Rd NE
1512 Penasco Rd NE
Fees & leasing info
Pets
Dogs Ok
Property details
Description

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 Craigslist 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

Additional Details
Total Unit Count: 1
Last Updated: Updated 1 minute ago
Contact Number: (505) 292-4765
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Cable One, Inc. 1000.0 50.0
ViaSat, Inc. 100.0 3.0
CNSP 50.0 10.0
Cibola, LLC 50.0 5.0
CNSP 25.0 10.0
Data from June 2020 provided by the FCC
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Photos Floor Plans
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 1512 Penasco Rd NE by bedroom type below.
3 Bedroom
Suggested income:
$64,800
per year
Rent report

1512 Penasco Rd NE Rent vs. Rio Rancho Average

 1512 Penasco Rd NE      Rio Rancho Average
3BR
$1,800
$2,069
$0
$700
$1,400
$2,100
$2,800

1512 Penasco Rd NE is asking 13% less than the average 3 bedroom apartment in Rio Rancho.

If you upsized to an average priced Rio Rancho 4 bedroom apartment, you would pay 16% more per month.

If you downsized to an average priced Rio Rancho 2 bedroom apartment, you would pay 35% less per month.

1512 Penasco Rd NE provides 24% less square footage than the average Rio Rancho 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
1512 Penasco Rd NE
3BR $1,800 $1.50 $5,400
Rio Rancho Average
Studio $1,230 $3.60 $3,689
1BR $1,095 $1.80 $3,285
2BR $1,529 $1.50 $4,588
3BR $2,069 $1.30 $6,207
4BR $2,454 $1.00 $7,362

Availability in Rio Rancho

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 25 3BR units on the market in Rio Rancho. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
9% 24% 26% 28% 11%
Available Units in Rio Rancho
Studio 8
1BR 21
2BR 23
3BR 25
4BR 10
Location
Nearby Hospitals
Name Distance
Unm Sandoval Regional Medical Center 2.12 mi.
Presbyterian Rust Medical Center 4.41 mi.
Lovelace Westside Hospital 5.38 mi.
Nearby Fire Stations
Name Distance
Rio Rancho Department Of Public Safety 4.06 mi.
Rio Rancho Department Of Public Safety 4.2 mi.
Corrales Fire Department 6.16 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on July 06, 2026.
What's the square footage of the available units?
It's 1,183 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep dogs.
How many bedrooms are in the available units?
There are 3 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
1512 Penasco Rd NE has a 3 bedroom unit starting at $1,800.
Where is this property located?
This property is at 1512 Penasco Rd NE in Rio Rancho, NM. It's 4.3 miles northwest from the center of Rio Rancho.
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