Bedroom count

Property type

Last updated on May 5, 2026

Average rent in
Rio Rancho, NM

Last updated on May 5, 2026

Last updated on May 5, 2026

Bedroom count

Property type

As of May 2026, the median rent for all bedroom counts and property types in Rio Rancho, NM is $2,095. This is +7%, or $145, higher than the national average.

$1.46

average price per square foot

Median rent

$2,095

increased by1%
over the previous yearvs previous year

Total rentals

58

for rent on Zumper.com

As of May 2026, the median rent for all bedroom counts and property types in Rio Rancho, NM is $2,095. This is +7%, or $145, higher than the national average.

$1.46

average price per square foot

Rent ranges

21%
78%
1%
$0-$1,500$0 - $1,500
$1,501-$3,000$1,501 - $3,000
$3,001-$4,500$3,001 - $4,500

Households

79%
21%
Owner-occupied
Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent price trends in
Rio Rancho, NM

Rent price trends

Rent prices for all bedroom counts and property types in Rio Rancho, NM have remained the same in the last month and have increased by 1% 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 $1,475. A 1-bedroom apartment in Rio Rancho, NM costs about $1,369 on average, while a 2-bedroom apartment is $1,495. Houses for rent in Rio Rancho, NM are more expensive, with an average monthly cost of $2,195.

Comparables

1 bedroom

$1,104

2%

20%

2 bedroom

$1,500

1%

2%

3 bedroom

$2,100

No Change

No Change

4 bedroom

$2,472

4%

2%

Studio

$1,329

3%

30%

Studio

Average rent

$1,329

Last 30 days

3%

Last year

30%

1 bedroom

Average rent

$1,104

Last 30 days

2%

Last year

20%

2 bedroom

Average rent

$1,500

Last 30 days

1%

Last year

2%

3 bedroom

Average rent

$2,100

Last 30 days

No Change

Last year

No Change

4 bedroom

Average rent

$2,472

Last 30 days

4%

Last year

2%

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$2,095
increased by7%

higher than the national median

Median rent price$1,300
decreased by33%

lower than the national median

Takeaway

The median rent for all rentals in Rio Rancho, NM is 61% 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

$1,300

increased by9%

Last year

Belen

$1,600

increased by83%

Last year

Bernalillo

$1,920

decreased by3%

Last year

Corrales

$1,784

decreased by11%

Last year

Los Lunas

$1,997

decreased by3%

Last year

Los Ranchos De Albuquerque

$1,509

N/A

Last year

North Valley

$1,225

decreased by9%

Last year

Paradise Hills

$1,730

decreased by19%

Last year

Placitas

$1,396

decreased by44%

Last year

Sandia Heights

$1,600

decreased by58%

Last year

Santa Fe

$2,100

increased by5%

Last year

South Valley

$1,200

decreased by41%

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

Discover rentals in Rio Rancho, NM

4101 Malaga Ct Se - Photo 1 of 1

5d+ ago

Condo for rent in Rio Rancho

1 bed

1 bath

$650

Condo for rent

Available Apr 27

Arrowhead Ridge - Photo 1 of 1

3h ago

7.9

Very good

Arrowhead Ridge

4515 Arrowhead Ridge Dr Se, Rio Rancho, NM 87124

1–3 beds

1–2 baths

$1,056–$1,474

Apartment for rent

507 Vancouver Road - Photo 1 of 1

1d ago

Apartment for rent in Rio Rancho

507 Vancouver Road

507 Vancouver Rd Se, Rio Rancho, NM 87124

2 beds

1 bath

$1,200

Apartment for rent

Los Reyes - Photo 1 of 1

5d+ ago

8.3

Very good

Los Reyes

906 900, 902, 904, 906 Los Reyes Ct, Rio Rancho, NM 87124

2 beds

1 bath

$1,275

Apartment for rent

325 Geraldine Loop Se - Photo 1 of 1

5d+ ago

House for rent in Rio Rancho

House for rent

652 Vancouver Rd Se #C - Photo 1 of 1

5d+ 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 #J - Photo 1 of 1

5d+ ago

Townhouse for rent in Rio Rancho

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

2 beds

1.5 baths

$1,300

House for rent

Via Vista Apartment Community - Photo 1 of 1

2d ago

8.4

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