Average Rent in Rio Rancho, NM and Rent Price Trends

Rent price trends in
Rio Rancho, NM

Rent price trends

Rent prices for all bedroom counts and property types in Rio Rancho, NM have increased by 5% in the last month and have remained the same in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Rio Rancho, NM
The monthly rent for an apartment in Rio Rancho, NM is $1,499. A 1-bedroom apartment in Rio Rancho, NM costs about $964 on average, while a 2-bedroom apartment is $1,300. Houses for rent in Rio Rancho, NM are more expensive, with an average monthly cost of $2,195.

				Comparables
1 bedroom	$1,405	4%	43%
2 bedroom	$1,500	6%	7%
3 bedroom	$2,097	1%	1%
4 bedroom	$2,395	No Change	1%
Studio	$1,200	7%	23%

Studio

Average rent

$1,200

Last 30 days

7%

Last year

23%

1 bedroom

Average rent

$1,405

Last 30 days

4%

Last year

43%

2 bedroom

Average rent

$1,500

Last 30 days

6%

Last year

7%

3 bedroom

Average rent

$2,097

Last 30 days

1%

Last year

1%

4 bedroom

Average rent

$2,395

Last 30 days

No Change

Last year

1%

The table above reflects average rent prices in Rio Rancho, NM, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

Compare rent prices in Rio Rancho, NM to other cities

Median rent prices in Rio Rancho, NM for all bedroom counts and property types compared to Albuquerque, NM.

Rio Rancho

Median rent price$2,000

3%

higher than the national median

Median rent price$1,275

34%

lower than the national median

Takeaway

The median rent for all rentals in Rio Rancho, NM is 57% higher than the median rent in Albuquerque, NM.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

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Average rent in
Nearby cities
Explore rent trends in other markets

Albuquerque

$1,275

Last year

Belen

$2,000

Last year

Bernalillo

$1,679

Last year

Corrales

$1,450

Last year

Los Lunas

$1,985

Last year

Los Ranchos De Albuquerque

$1,650

Last year

North Valley

$1,335

Last year

Paradise Hills

$2,175

Last year

Placitas

$1,900

Last year

Sandia Heights

$1,975

Last year

Santa Fe

$2,400

Last year

South Valley

$1,875

Last year

Cost of living in
Rio Rancho, NM

The overall cost of living in Rio Rancho, NM is 5% lower than the national average. Explore the cost of essential expenses, then use our rent calculator to help set your budget.

Expenses accrued by most renters	Average cost compared to national average
Goods & Services	No difference
Groceries	4% lower
Health	1% lower
Housing	7% lower
Transportation	10% lower
Utilities	13% lower

Apartments for rent in Albuquerque

Apartments for rent in Belen

Apartments for rent in Los Alamos

Apartments for rent in Los Lunas

Apartments for rent in Paradise Hills

Apartments for rent in Rio Rancho

Apartments for rent in Santa Fe

Houses for rent in Albuquerque

Houses for rent in Belen

Houses for rent in Corrales

Houses for rent in Edgewood

Houses for rent in La Cienega

Houses for rent in Los Alamos

Houses for rent in North Valley

Houses for rent in Rio Communities

Houses for rent in Rio Rancho

Houses for rent in Sandia Heights

Houses for rent in Santa Fe

Houses for rent in Sedillo

Houses for rent in South Valley

Houses for rent in Tijeras

931 Country Club Dr Se, Rio Rancho, NM 87124, USA

811 Country Club Dr Se, Rio Rancho, NM 87124, USA

538 Rockaway Blvd Ne, Rio Rancho, NM 87124, USA

1887 Sunrise Ln Se, Rio Rancho, NM 87124, USA

1780 Mesa Grande Loop Ne, Rio Rancho, NM 87144, USA

910 11th Ave NW, Rio Rancho, NM 87144, USA

1143 Desert Sunflower Dr Ne, Rio Rancho, NM 87144, USA

956 Harrison Dr Ne, Rio Rancho, NM 87144, USA

3459 Oasis Springs Rd NE, Rio Rancho, NM 87144, USA

7208 Spruce Mountain Loop Ne, Rio Rancho, NM 87144, USA

1340 Tesuque Ct Ne, Rio Rancho, NM 87144, USA

5485 Roosevelt Loop NE, Rio Rancho, NM 87144, USA

1131 Desert Sunflower Dr Ne, Rio Rancho, NM 87144, USA

1310 Aspen Meadows Dr Ne, Rio Rancho, NM 87144, USA

1121 Meadowlark Way Se Apt B, Rio Rancho, NM 87124, USA

3034 Shannon Ln Ne, Rio Rancho, NM 87144, USA

3780 Rancher Loop Ne, Rio Rancho, NM 87144, USA

2816 Mesa Rd Se, Rio Rancho, NM 87124, USA

813 Country Club Drive Southeast, Rio Rancho, NM 87124, USA

1343 Rio Rancho Dr Se, Rio Rancho, NM 87124, USA

Discover rentals in Rio Rancho, NM

1011 MEADOWLARK COURT - Photo 1 of 1

3d ago

8.4

Very good

1011 MEADOWLARK COURT

1011 Meadowlark Ct Se, Rio Rancho, NM 87124

2 beds

1 bath

$1,125

Apartment for rent

1020 Meadowlark CT. SE - Photo 1 of 1

3d ago

8.8

Very good

1020 Meadowlark CT. SE

1020 Meadowlark Ct Se, Rio Rancho, NM 87124

2 beds

1 bath

$1,195

Apartment for rent

85 Darlene Road SE - Photo 1 of 1

5d+ ago

8.8

Very good

85 Darlene Road SE

85 Darlene Rd Se, Rio Rancho, NM 87124

2 beds

1 bath

$1,195

Apartment for rent

1051 Meadowlark Ct Se #4 - Photo 1 of 1

5d+ ago

Apartment for rent in Rio Rancho

1051 Meadowlark Ct Se #4, Rio Rancho, NM 87124

2 beds

1 bath

$1,250

Apartment for rent

823 Country Club Dr Se Apt 1c #1C - Photo 1 of 1

5d+ ago

Condo for rent in Rio Rancho

823 Country Club Dr Se Apt 1c #1C, Rio Rancho, NM 87124

2 beds

1 bath

$1,500

$1,300

Price drop

Condo for rent

Arrowhead Ridge - Photo 1 of 1

4d ago

8.8

Very good

Arrowhead Ridge

4515 Arrowhead Ridge Dr Se, Rio Rancho, NM 87124

3 beds

2 baths

$1,337

Apartment for rent

956 Harrison Dr Ne - Photo 1 of 1

5d+ ago

House for rent in Rio Rancho

956 Harrison Dr Ne, Rio Rancho, NM 87144

3 beds

1 bath

$1,725

House for rent

785 Hydra Rd Se - Photo 1 of 1

5d+ ago

House for rent in Rio Rancho

785 Hydra Road Southeast - 1

785 Hydra Rd Se, Rio Rancho, NM 87124

3 beds

2 baths

$1,800

House for rent

Available Oct 7