Last updated on June 19, 2026

Average rent in
Rio Rancho, NM

Key takeaways for renters

  • The bottom line

    Rent in Rio Rancho, NM rose 4.5% year over year to a current median of $2,085/month. The month-to-month rent declined 2.4%, showing a slight pullback after a peak in April 2026.

  • Rio Rancho, NM runs 6.9% more expensive than the $1,950/month national median, placing it slightly above average in cost among U.S. metros with a total of 60 rentals available.

  • Price ranges

    In Rio Rancho, NM, studios rent for about $1,354/month, 1-bedrooms at $1,029/month, 2-bedrooms at $1,555/month, 3-bedrooms at $2,098/month, and 4+ bedrooms at $2,500/month. The studio median rent shows the range renters face across bedroom sizes.

Median rent

Median rent in Rio Rancho

$2,085/mo

increased by5%

vs previous year

The average rent in Rio Rancho is $2,085 per month as of June 2026. This is 7% above the national average rent, or $135 more per month.

$1.33

average price per square foot

Total rentals

Available rentals in Rio Rancho

60

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Rio Rancho rentals at each price point

80%60%40%20%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 decreased by 2% over the last month and have increased by 5% 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 $1,480, whereas a house costs $2,250. 1-bedroom apartments in Rio Rancho run $1,475 on average, while 2-bedroom apartments are $1,555.

Listings

Studio

$1,354

1%

26%

1 bedroom

$1,029

2%

20%

2 bedroom

$1,555

1%

1%

3 bedroom

$2,097

1%

4%

4 bedroom

$2,500

1%

12%

Studio

Average rent

$1,354

Last 30 days

1%

Last year

26%

1 bedroom

Average rent

$1,029

Last 30 days

2%

Last year

20%

2 bedroom

Average rent

$1,555

Last 30 days

1%

Last year

1%

3 bedroom

Average rent

$2,097

Last 30 days

1%

Last year

4%

4 bedroom

Average rent

$2,500

Last 30 days

1%

Last year

12%

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$2,085
increased by7%

higher than the national median

Median rent price$1,285
decreased by34%

lower than the national median

Takeaway

The median rent for all rentals in Rio Rancho, NM is 62% 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 & Services8% lower
Groceries3% lower
Health1% higher
Housing11% lower
Transportation8% lower
Utilities16% lower

Discover rentals in Rio Rancho, NM

Arrowhead Ridge - Photo 1 of 1

3d 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

Apartment for rent

85 Darlene Road SE - Photo 1 of 1

3h 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

619 Vancouver Rd Se #Q - Photo 1 of 1

3d ago

Apartment for rent in Rio Rancho

2BR/1Bath - 4 Plex in Rio Rancho

619 Vancouver Rd Se #Q, Rio Rancho, NM 87124

2 beds

1 bath

$1,195

Apartment for rent

1011 MEADOWLARK COURT - Photo 1 of 1

2d ago

8.6

Very good

1011 MEADOWLARK COURT

1011 Meadowlark Ct Se, Rio Rancho, NM 87124

2 beds

1 bath

$1,250

Apartment for rent

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 $2,085 per month as of June 13, 2026.

Is rent up or down in Rio Rancho?

Average rent prices in Rio Rancho have decreased by 2% over the last month and have increased by 5% 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 $135 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 $83,000/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?

Rio Rancho's 2025 rental market shows one-bedroom apartments averaging around $1,300 per month, while two-bedroom units average around $1,600 per month. One-bedroom rents have experienced strong growth with a 14.9% increase from the previous year, whereas two-bedroom rents decreased by 2.1%.

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