Last updated on September 19, 2026

Average rent in
Rio Rancho, NM

Key takeaways for renters

  • Where Rio Rancho rent stands today

    Rio Rancho, NM rent rose 3.9% year over year, with a current median of $2,025/month. Renters today are paying $32 more per month on average than last year, while month-to-month rent is essentially flat.

  • Rio Rancho runs 6.6% more expensive than the $1,900/month national median, placing it slightly above average in cost among U.S. rental markets with a total of 81 total rentals.

  • Price ranges

    Studios in Rio Rancho rent for $1,200/month, 1-bedrooms for $1,151/month, and 2-bedrooms for $1,525/month. Larger units include 3-bedrooms at $2,200/month and 4+ bedrooms at $2,450/month. This range reflects the variety of options available across bedroom sizes.

Median rent

Median rent in Rio Rancho

$2,025/mo

increased by4%

vs previous year

The average rent in Rio Rancho is $2,025 per month as of September 2026. This is 7% above the national average rent, or $125 more per month.

$1.29

average price per square foot

Total rentals

Available rentals in Rio Rancho

81

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Rio Rancho rentals at each price point

75%56%38%19%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Rio Rancho, NM

Average rent prices in Rio Rancho have remained the same over the last month and have increased by 4% since last year.

Rent trends

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

Compare rent prices in Rio Rancho, NM

Rent prices in Rio Rancho vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Rio Rancho is $1,300, whereas a house costs $2,195. 1-bedroom apartments in Rio Rancho run $1,163 on average, while 2-bedroom apartments are $1,282.

Listings

Studio

$1,200

6%

15%

1 bedroom

$1,151

5%

12%

2 bedroom

$1,525

1%

7%

3 bedroom

$2,200

1%

5%

4 bedroom

$2,450

3%

No Change

Studio

Average rent

$1,200

Last 30 days

6%

Last year

15%

1 bedroom

Average rent

$1,151

Last 30 days

5%

Last year

12%

2 bedroom

Average rent

$1,525

Last 30 days

1%

Last year

7%

3 bedroom

Average rent

$2,200

Last 30 days

1%

Last year

5%

4 bedroom

Average rent

$2,450

Last 30 days

3%

Last year

No Change

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.

How does rent in Rio Rancho, NM compare to other cities?

Compare median rent prices in Rio Rancho and Albuquerque by all bedroom counts and property types.

Rio Rancho

Median rent price$2,025
increased by7%

higher than the national median

Median rent price$1,335
decreased by30%

lower than the national median

Takeaway

The median rent for all rentals in Rio Rancho, NM is 52% higher than the median rent in Albuquerque, NM.

Cost of living in Rio Rancho, NM

Explore the cost of essential expenses, and then use our rent calculator to find out how much rent you can afford.

Expenses
accrued by most renters
Average cost
compared to national average
Goods & Services9% lower
Groceries4% lower
Health2% higher
Housing16% lower
Transportation7% lower
Utilities17% lower

Discover rentals in Rio Rancho, NM

832 Monterrey Rd Ne - Photo 1 of 1

5d+ ago

House for rent in Rio Rancho

Large Room In Shared Custom Home in Rio Rancho

832 Monterrey Rd Ne, Rio Rancho, NM 87144

1 bed

1 bath

$650

55 Darlene Rd Se - Photo 1 of 1

3d ago

Apartment for rent in Rio Rancho

2BR/1.0BA

55 Darlene Rd Se, Rio Rancho, NM 87124

2 beds

1 bath

$1,000

Arrowhead Ridge - Photo 1 of 1

4d ago

8.5

Very good

Arrowhead Ridge

4515 Arrowhead Ridge Dr Se, Rio Rancho, NM 87124

1–3 beds

1–2 baths

$1,056–$1,474

485 Vancouver Rd Se - Photo 1 of 1

4d ago

8.8

Very good

485 Vancouver Rd Se

485 Vancouver Rd Se, Rio Rancho, NM 87124

2 beds

1 bath

$1,195

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Rio Rancho, NM

Quick answers to common questions about the Rio Rancho rental market.

How much is rent in Rio Rancho?

The average rent in Rio Rancho is $2,025 per month as of September 12, 2026.

Is rent up or down in Rio Rancho?

Average rent prices in Rio Rancho have remained the same over the last month and have increased by 4% since last year.

How does Rio Rancho rent compare to the national average?

Rent in Rio Rancho is 7% above the national average, which means renters are paying approximately $125 more per month.

What salary do I need to afford rent in Rio Rancho?

To comfortably afford rent in Rio Rancho, you'd need to earn approximately $81,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Rio Rancho?

January offers the lowest rents in Rio Rancho, running about 11% lower than April, which sees the highest prices of the year.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Albuquerque