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 2% in the last month and have remained the same 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 $1,049 on average, while a 2-bedroom apartment is $1,260. Houses for rent in Rio Rancho, NM are more expensive, with an average monthly cost of $2,095.

				Comparables
1 bedroom	$1,049	15%	14%
2 bedroom	$1,450	4%	10%
3 bedroom	$2,000	2%	6%
4 bedroom	$2,200	2%	5%
Studio	$850	2%	62%

Studio

Average rent

$850

Last 30 days

2%

Last year

62%

1 bedroom

Average rent

$1,049

Last 30 days

15%

Last year

14%

2 bedroom

Average rent

$1,450

Last 30 days

4%

Last year

10%

3 bedroom

Average rent

$2,000

Last 30 days

2%

Last year

6%

4 bedroom

Average rent

$2,200

Last 30 days

2%

Last year

5%

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$1,300

32%

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

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

$1,300

Last year

Belen

$1,695

Last year

Bernalillo

$2,000

Last year

Corrales

$1,675

Last year

Los Lunas

$1,950

Last year

Los Ranchos De Albuquerque

$1,975

Last year

North Valley

$1,210

Last year

Paradise Hills

$1,995

Last year

Placitas

$1,525

Last year

Sandia Heights

$1,564

Last year

Santa Fe

$2,225

Last year

South Valley

$1,700

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 Edgewood

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 Los Alamos

Houses for rent in Los Ranchos de Albuquerque

Houses for rent in Paradise Hills

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

Houses for rent in Sedillo

Houses for rent in South Valley

Houses for rent in Tijeras

1665 Perma Dr Ne, Rio Rancho, NM 87144, USA

3705 Lucid Meadows Dr Ne, Rio Rancho, NM 87144, USA

3441 Martin Meadows Dr Ne, Rio Rancho, NM 87144, USA

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

3209 Walsh Loop Se, Rio Rancho, NM 87124, USA

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

1409 Alder Dr Ne, Rio Rancho, NM 87144, USA

832 Rio Rancho, NM 87144, USA

4200 Ridgeway Ct Se Apt C, Rio Rancho, NM 87124, USA

1109 Meadowlark Way Se, Rio Rancho, NM 87124, USA

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

4101 Malaga Ct Se, Rio Rancho, NM 87124, USA

2451 Camino Plato Loop Ne, Rio Rancho, NM 87144, USA

5208 Bullseye Rd Ne, Rio Rancho, NM 87144, USA

1305 Rio Rancho Blvd Se Apt B, Rio Rancho, NM 87124, USA

2149 Sagecrest Loop Ne, Rio Rancho, NM 87144, USA

1836 Sierra Norte Loop Ne, Rio Rancho, NM 87144, USA

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

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

6821 Cleary Loop Ne, Rio Rancho, NM 87144, USA

Discover rentals in Rio Rancho, NM

832 Monterrey Rd Ne - Photo 1 of 1

5d+ ago

House for rent in Rio Rancho

Large Room w/ shared bath near Intel & CNM Campus

832 Monterrey Rd Ne, Rio Rancho, NM 87144

1 bed

1 bath

$650

House for rent

Available Feb 1

4101 Malaga Ct Se - Photo 1 of 1

5d+ ago

Condo for rent in Rio Rancho

Private Room in Furnished Shared Home just minutes from Intel

4101 Malaga Ct Se, Rio Rancho, NM 87124

1 bed

1 bath

$650

Condo for rent

Available Feb 1

308 Geraldine Road SE - Photo 1 of 1

11h ago

Apartment for rent in Rio Rancho

308 Geraldine Road SE

308 Geraldine Rd Se, Rio Rancho, NM 87124

2 beds

1 bath

$995

Apartment for rent

Arrowhead Ridge - Photo 1 of 1

5d+ ago

8.8

Very good

Arrowhead Ridge

4515 Arrowhead Ridge Dr Se, Rio Rancho, NM 87124

2–3 beds

2 baths

$1,146–$1,337

Apartment for rent

1020 Meadowlark CT. SE - Photo 1 of 1

3d ago

8.8

Very good

1020 Meadowlark CT. SE

1020 Meadowlark Ct Se, Rio Rancho, NM 87124

2 beds

1 bath

$1,195

Apartment for rent

95 Eventide Rd Se Apt A #Apt A - Photo 1 of 1

5d+ ago

Apartment for rent in Rio Rancho

95 Eventide SE - Unit A

95 Eventide Rd Se Apt A #Apt A, Rio Rancho, NM 87124

2 beds

1 bath

$1,200

Apartment for rent

Vancouver #1 - Photo 1 of 1

1d ago

8.8

Very good

611 Vancouver Rd Se, Rio Rancho, NM 87124

2 beds

1 bath

$1,260

Apartment for rent

1010 Meadowlark Ct Se - Photo 1 of 1

5d+ ago

8.4

Very good

1010 Meadowlark Ct Se

1010 Meadowlark Ct Se, Rio Rancho, NM 87124

2 beds

1 bath

$1,320

Apartment for rent