Average Rent in Rio Rancho, NM and Rent Price Trends

Rent price summary for
Rio Rancho, NM

As of September 2025, the median rent for all bedroom counts and property types in Rio Rancho, NM is $1,950. This is -1% lower than the national average.

$1.22

average price per square foot

Median rent

$1,950

over the previous yearvs previous year

Total rentals

84

for rent on Zumper.com

As of September 2025, the median rent for all bedroom counts and property types in Rio Rancho, NM is $1,950. This is -1% lower than the national average.

$1.22

average price per square foot

Rent ranges

23%

75%

$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 comparables in
Rio Rancho, NM
The monthly rent for an apartment in Rio Rancho, NM is $1,375. A 1-bedroom apartment in Rio Rancho, NM costs about $964 on average, while a 2-bedroom apartment is $1,225. Houses for rent in Rio Rancho, NM are more expensive, with an average monthly cost of $2,150.


1 bedroom	$1,000	3%	-
2 bedroom	$1,500	3%	8%
3 bedroom	$1,995	1%	2%
4 bedroom	$2,395	3%	No Change
Studio	$1,525	9%	23%

		Comparables
Quail Ranch	$2,000


Apartments	$1,375	1%	No Change
Condos	$1,500	2%	No Change
Houses	$2,150	No Change	No Change

Studio

Average rent

$1,525

Last 30 days

Last year

23%

1 bedroom

Average rent

$1,000

Last 30 days

2 bedroom

Average rent

$1,500

Last 30 days

Last year

3 bedroom

Average rent

$1,995

Last 30 days

Last year

4 bedroom

Average rent

$2,395

Last 30 days

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

lower than the national median

Median rent price$1,299

34%

lower than the national median

Takeaway

The median rent for all rentals in Rio Rancho, NM is 50% higher than the median rent in Albuquerque, NM.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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Average rent in
Nearby cities
Explore rent trends in other markets

Albuquerque

$1,299

Last year

Belen

$1,795

12%

Last year

Bernalillo

$2,034

22%

Last year

Corrales

$2,095

15%

Last year

Los Lunas

$2,025

Last year

Los Ranchos De Albuquerque

$1,750

N/A

Last year

North Valley

$1,455

21%

Last year

Paradise Hills

$2,102

11%

Last year

Placitas

$1,694

45%

Last year

Sandia Heights

$1,635

39%

Last year

Santa Fe

$2,458

11%

Last year

South Valley

$2,000

N/A

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.