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 10% in the last month and have increased by 2% 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 $1,337. A 1-bedroom apartment in Rio Rancho, NM costs about $1,299 on average, while a 2-bedroom apartment is $1,520. Houses for rent in Rio Rancho, NM are more expensive, with an average monthly cost of $2,072.

				Comparables
1 bedroom	$1,149	24%	9%
2 bedroom	$1,500	5%	8%
3 bedroom	$2,000	3%	1%
4 bedroom	$2,697	2%	9%
Studio	$1,299	2%	32%

Studio

Average rent

$1,299

Last 30 days

2%

Last year

32%

1 bedroom

Average rent

$1,149

Last 30 days

24%

Last year

9%

2 bedroom

Average rent

$1,500

Last 30 days

5%

Last year

8%

3 bedroom

Average rent

$2,000

Last 30 days

3%

Last year

1%

4 bedroom

Average rent

$2,697

Last 30 days

2%

Last year

9%

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$1,935

2%

higher than the national median

Median rent price$1,304

31%

lower than the national median

Takeaway

The median rent for all rentals in Rio Rancho, NM is 48% 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

$1,304

Last year

Belen

$1,462

Last year

Bernalillo

$2,500

Last year

Corrales

$2,075

Last year

Los Lunas

$2,000

Last year

Los Ranchos De Albuquerque

$1,400

Last year

North Valley

$1,300

Last year

Paradise Hills

$2,000

Last year

Placitas

$1,725

Last year

Sandia Heights

$1,473

Last year

Santa Fe

$2,385

Last year

South Valley

$1,250

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 Los Ranchos de Albuquerque

Apartments for rent in Rio Rancho

Apartments for rent in Santa Fe

Apartments for rent in South Valley

Houses for rent in Albuquerque

Houses for rent in Bernalillo

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 Los Ranchos de Albuquerque

Houses for rent in North Valley

Houses for rent in Placitas

Houses for rent in Rio Communities

Houses for rent in Rio Rancho

Houses for rent in Sandia Heights

Houses for rent in Sandia Park

Houses for rent in Santa Fe

3804 Wayne Road Northeast, Rio Rancho, NM 87144, USA

752 Amatista Loop Se, Rio Rancho, NM 87124, USA

745 Valley Meadows Dr Ne, Rio Rancho, NM 87144, USA

7176 Labrador Drive Northeast, Rio Rancho, NM 87144, USA

6712 Zachary Rd Ne, Rio Rancho, NM 87144, USA

3019 Glorieta Meadows Dr Ne, Rio Rancho, NM 87144, USA

2444 Talisker St Ne, Rio Rancho, NM 87144, USA

520 Medina Meadows Dr Ne, Rio Rancho, NM 87144, USA

290 Asbury Rd Ne, Rio Rancho, NM 87124, USA

1306 Sidewinder Rd Ne, Rio Rancho, NM 87144, USA

1384 Peppoli Loop Se, Rio Rancho, NM 87124, USA

1385 Ashlynn Pl Ne, Rio Rancho, NM 87144, USA

1913 Verbena Dr Ne, Rio Rancho, NM 87144, USA

2104 Virgin Wood Rd Se, Rio Rancho, NM 87124, USA

3101 Mason Meadows Dr Ne, Rio Rancho, NM 87144, USA

3845 Havasu Falls St Ne, Rio Rancho, NM 87144, USA

602 Cerro De Ortega Dr Se, Rio Rancho, NM 87124, USA

3540 Clear Creek Rd Ne, Rio Rancho, NM 87144, USA

3133 Renaissance Dr Se, Rio Rancho, NM 87124, USA

1600 Questa Rd Ne, Rio Rancho, NM 87144, USA

Discover rentals in Rio Rancho, NM

Vancouver #1 - Photo 1 of 1

5d+ ago

8.3

Very good

611 Vancouver Rd Se, Rio Rancho, NM 87124

2 beds

1 bath

$1,195

Apartment for rent

1316 Grande Blvd Se Apt F #Apt F - Photo 1 of 1

Age restricted

14h ago

Condo for rent in Rio Rancho

2 beds

2 baths

$1,250

Condo for rent

5d+ ago

Townhouse for rent in Rio Rancho

TOWNHOME - Rio Rancho, NM

1316 F GRANDE Boulevard SE unit: F #F, Rio Rancho, NM 87124

2 beds

2 baths

$1,250

House for rent

652 Vancouver Rd Se #C - Photo 1 of 1

4d ago

Condo for rent in Rio Rancho

652 Vancouver Rd Se #C, Rio Rancho, NM 87124

2 beds

1 bath

$1,300

Condo for rent

Available Apr 1

937 Country Club Dr Se Apt J #Apt J - Photo 1 of 1

5d+ ago

Condo for rent in Rio Rancho

937 Country Club Dr Se Apt J #Apt J, Rio Rancho, NM 87124

2 beds

1.5 baths

$1,400

Condo for rent

Via Vista Apartment Community - Photo 1 of 1

22h ago

8.5

Very good

Via Vista Apartment Community

532 Cancun Loop Ne, Rio Rancho, NM 87124

2–3 beds

2 baths

$1,555–$1,999

Apartment for rent

1837 Round Up Dr Ne - Photo 1 of 1

5d+ ago

House for rent in Rio Rancho

1837 Round Up Dr Ne, Rio Rancho, NM 87144

3 beds

2 baths

$1,725

House for rent

2128 Sagecrest Loop Ne - Photo 1 of 1

5d+ ago

House for rent in Rio Rancho

2128 Sagecrest Loop Ne, Rio Rancho, NM 87144

3 beds

2 baths

$1,750

House for rent