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 decreased by 1% in the last month and have decreased 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 $1,385 on average, while a 2-bedroom apartment is $1,200. Houses for rent in Rio Rancho, NM are more expensive, with an average monthly cost of $2,095.

				Comparables
1 bedroom	$1,325	No Change	7%
2 bedroom	$1,375	2%	13%
3 bedroom	$2,000	No Change	1%
4 bedroom	$2,400	6%	No Change
Studio	$1,200	5%	29%

Studio

Average rent

$1,200

Last 30 days

5%

Last year

29%

1 bedroom

Average rent

$1,325

Last 30 days

No Change

Last year

7%

2 bedroom

Average rent

$1,375

Last 30 days

2%

Last year

13%

3 bedroom

Average rent

$2,000

Last 30 days

No Change

Last year

1%

4 bedroom

Average rent

$2,400

Last 30 days

6%

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.

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$1,950

3%

higher than the national median

Median rent price$1,275

33%

lower than the national median

Takeaway

The median rent for all rentals in Rio Rancho, NM is 53% 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

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

Average rent in
Nearby cities
Explore rent trends in other markets

Albuquerque

$1,275

Last year

Belen

$1,937

Last year

Bernalillo

$1,795

Last year

Corrales

$1,987

Last year

Los Lunas

$1,937

Last year

Los Ranchos De Albuquerque

$1,835

Last year

North Valley

$1,425

Last year

Paradise Hills

$1,850

Last year

Placitas

$2,025

Last year

Sandia Heights

$1,600

Last year

Santa Fe

$2,300

Last year

South Valley

$1,800

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 Paradise Hills

Apartments for rent in Rio Rancho

Apartments for rent in Santa Fe

Houses for rent in Albuquerque

Houses for rent in Bernalillo

Houses for rent in Edgewood

Houses for rent in Los Alamos

Houses for rent in Los Ranchos de Albuquerque

Houses for rent in Moriarty

Houses for rent in North Valley

Houses for rent in Placitas

Houses for rent in Rio Rancho

Houses for rent in Sandia Park

Houses for rent in Santa Fe

Houses for rent in Sedillo

Houses for rent in South Valley

Houses for rent in Tijeras

1368 Lil Ave NE, Rio Rancho, NM 87144, USA

4313 Sabana Loop Se, Rio Rancho, NM 87124, USA

704 Amatista Loop Southeast, Rio Rancho, NM 87124, USA

344 Coral Dr Ne, Rio Rancho, NM 87124, USA

6944 Angela Drive Northeast, Rio Rancho, NM 87144, USA

2157 Deer Trail Loop, Rio Rancho, NM 87124, USA

1033 Desert Paintbrush Loop Ne, Rio Rancho, NM 87144, USA

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

1828 Chicoma Rd Ne, Rio Rancho, NM 87144, USA

653 Troon Drive Southeast, Rio Rancho, NM 87124, USA

671 Western Hills Drive Southeast, Rio Rancho, NM 87124, USA

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

4405 Alpine Circle Southeast, Rio Rancho, NM 87124, USA

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

4313 Lauren Loop Northeast, Rio Rancho, NM 87124, USA

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

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

3125 Chama Meadows Dr NE, Rio Rancho, NM 87144, USA

3400 Oasis Springs Rd Ne, Rio Rancho, NM 87144, USA

3820 Oasis Springs Rd Ne, Rio Rancho, NM 87144, USA

Discover rentals in Rio Rancho, NM

Arrowhead Ridge - Photo 1 of 1

11h ago

8.8

Very good

Arrowhead Ridge

4515 Arrowhead Ridge Drive Southeast, Rio Rancho, NM 87124

2–3 beds

2 baths

$1,146–$1,337

Apartment for rent

85 Darlene Road SE - Photo 1 of 1

1d ago

8.8

Very good

85 Darlene Road SE

85 Darlene Road Southeast, Rio Rancho, NM 87124

2 beds

1 bath

$1,150

Apartment for rent

1020 Meadowlark CT. SE - Photo 1 of 1

4d ago

8.8

Very good

1020 Meadowlark CT. SE

1020 Meadowlark Court Southeast, Rio Rancho, NM 87124

2 beds

1 bath

$1,150

Apartment for rent

654 Vancouver Rd Se #A - Photo 1 of 1

5d+ ago

Apartment for rent in Rio Rancho

654 Vancouver Rd SE - A

654 Vancouver Rd Se #A, Rio Rancho, NM 87124

2 beds

1 bath

$1,175

Apartment for rent

Available Jan 1

1368 Lil Avenue Northeast - Photo 1 of 1

1d ago

House for rent in Rio Rancho

1368 Lil Avenue Northeast, Rio Rancho, NM 87144

2 beds

1 bath

$1,200

House for rent

837 Country Club Drive Southeast #1A - Photo 1 of 1

5d+ ago

Condo for rent in Rio Rancho

2BR/2BTH Condo in the Greens

837 Country Club Drive Southeast #1A, Rio Rancho, NM 87124

2 beds

2 baths

$1,275

Condo for rent

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

5d+ ago

Condo for rent in Rio Rancho

CONDOS - Rio Rancho, NM

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

2 beds

1 bath

$1,300

Condo for rent

831 Country Club Drive Southeast #2F - Photo 1 of 1

5d+ ago

Condo for rent in Rio Rancho

CONDOS - Rio Rancho, NM

831 Country Club Drive Southeast #2F, Rio Rancho, NM 87124

2 beds

1 bath

$1,350

Condo for rent