What is the average rent for an apartment in Rio Rancho, NM?

The average rent in Rio Rancho, NM is $1,448 per month. By comparison, renters across the U.S. pay an average of $1,631, which means housing in Rio Rancho, NM is slightly less expensive than much of the country.

What is the cost of living in Rio Rancho, NM?

The cost of living in Rio Rancho, NM is 5.7% lower than the national average. Daily expenses like housing, groceries, and transportation generally cost less than in many other U.S. cities.

What income do I need to comfortably live in Rio Rancho, NM?

To live comfortably in Rio Rancho, NM as a single adult with no dependents, aim for a salary of at least $74,000 before taxes. Expect to spend about $8,016/year for groceries, $12,360 for goods and services, and $25,968/year for housing. To decide how much you should spend on rent, use our rent affordability calculator .

Where can I find rentals with flexible lease terms in Rio Rancho, NM?

You can find flexible rentals in Rio Rancho, NM by exploring short-term rentals for temporary stays or browsing furnished apartments for move-in ready options that save time and hassle.

Can I tour apartments virtually in Rio Rancho, NM?

Tour apartments from your couch with Matterport 3D Tours. We have 1,049 Rio Rancho apartments with virtual tours available . Walk through the apartment, view room layouts and get a feel for the space before an in-person tour.

Can I live in Rio Rancho, NM without a car?

Rio Rancho, NM has very few transit options. Residents typically rely on driving for daily needs.

What colleges and universities are in Rio Rancho, NM?

Students renting in Rio Rancho, NM have access to Central NM C.C., Rio Rancho , Central NM C.C., Westside , Central NM C.C., Adv Tech Ctr , and Univ. of Phoenix, Albuquerque .

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Apartments for Rent in Rio Rancho NM

1,049 Rentals

Via Vista Apartment Community

532 Cancun Loop NE, Rio Rancho, NM 87124
1 / 8

Videos

Matterport 3D Tours
2 Beds

$1,732+

3 Beds

$1,740+

Pets Allowed Fitness Center Pool In Unit Washer & Dryer High-Speed Internet Grill
Wintergreen Apartments

10800 Golf Course Rd NW, Albuquerque, NM 87114
1 / 105

Videos

Matterport 3D Tours
Studio

$1,450+

1 Bed

$1,550+

2 Beds

$1,900+

Specials

Pets Allowed In Unit Washer & Dryer Stainless Steel Appliances Elevator EV Charging
The Eleanor at Rio Rancho

2006 Westside Blvd SE, Rio Rancho, NM 87124
1 / 19
1 Bed

$1,933+

2 Beds

$2,559+

3 Beds

$3,350+

Pets Allowed
Entrada Pointe

900 Country Club Dr, Rio Rancho, NM 87124
1 / 66

Videos

Matterport 3D Tours
Studio

$1,173

1 Bed

$1,260

2 Beds

$1,516+

Pets Allowed Fitness Center Pool Dishwasher Refrigerator Walk-In Closets Clubhouse
Resort at Sandia Village

5123 Prospector Way NW, Albuquerque, NM 87114
1 / 52

Matterport 3D Tours
1 Bed

$1,450

2 Beds

$1,494+

3 Beds

$1,880+

1 Month Free

Pets Allowed Fitness Center Pool Dishwasher Refrigerator Kitchen
The Charlie ABQ

7682 Woodmont Ave, Albuquerque, NM 87114
1 / 4
2 Beds

$2,725

3 Beds

$3,006+

4 Beds

$3,355+

Pets Allowed Fitness Center Pool Stainless Steel Appliances Gated
Odyssey Apartments

10600 Cibola Loop NW, Albuquerque, NM 87114
1 / 82

Videos

Matterport 3D Tours
Studio

$1,168+

1 Bed

$1,106+

2 Beds+

$1,368+

Pets Allowed Fitness Center In Unit Washer & Dryer Washer & Dryer Hookups
Prisma

3305 NW Calle Cuervo NW, Albuquerque, NM 87114
1 / 57

Videos

Matterport 3D Tours
1 Bed

$1,300+

2 Beds

$1,600+

Specials

Pets Allowed Dishwasher Kitchen In Unit Washer & Dryer Walk-In Closets Balcony
Cottonwood Ranch

10001 Coors Byp NW, Albuquerque, NM 87114
1 / 43

Matterport 3D Tours
1 Bed

$1,295

2 Beds

$1,174+

Cats Allowed Fitness Center Pool Dishwasher Refrigerator Kitchen
SkyStone Apartments

10800 Cibola Loop NW, Albuquerque, NM 87114
1 / 45

Matterport 3D Tours
1 Bed

$1,603+

2 Beds

$1,767+

3 Beds

$1,937+

Pets Allowed Fitness Center Pool Dishwasher Refrigerator Kitchen
Solaire

3550 Old Airport Rd NW, Albuquerque, NM 87114
1 / 36

Videos

Matterport 3D Tours
1 Bed

$1,249+

2 Beds

$1,349+

3 Beds

$1,789+

1 Month Free

Pets Allowed Fitness Center Pool In Unit Washer & Dryer Clubhouse Maintenance on site High-Speed Internet
Puerta Del Sol

4816 Mcmahon Blvd, Albuquerque, NM 87114
1 / 27

Matterport 3D Tours
Studio

$1,299

1 Bed

$1,325+

Specials
Circ

10300 Golf Course Rd NW, Albuquerque, NM 87114
1 / 55

Matterport 3D Tours
1 Bed

$1,383+

2 Beds

$1,601+

3 Beds

$2,242+

Specials
Enchanted Hills

4401 Safelite Blvd NE, Rio Rancho, NM 87144
1 / 29

Matterport 3D Tours
1 Bed

$1,290+

2 Beds

$1,510+

3 Beds

$1,745+
Meadowlark Apartments

4201 Meadowlark Ln SE, Rio Rancho, NM 87124
1 / 30

Matterport 3D Tours
1 Bed

$1,499

Specials
Blue Agave Villas

4101 Meadowlark Ln SE, Rio Rancho, NM 87124
1 / 18

Matterport 3D Tours
Studio

$1,125+

1 Bed

$1,280+

2 Beds

$1,495+

Specials
Sandoval Flats

3200 Camino Encantadas NE, Rio Rancho, NM 87144
1 / 18
1 Bed

$931

2 Beds

$1,086

3 Beds+

$1,228

Specials
Coronado Townhomes

266 Lucas Ln, Bernalillo, NM 87004
1 / 31

Matterport 3D Tours
2 Beds

$1,665+

Specials
River Walk at Puerta de Corrales

3405-3505 Calle Cuervo NW, Albuquerque, NM 87114
1 / 34

Matterport 3D Tours
1 Bed

$1,149+

2 Beds

$1,474+

Specials
Terra at Enchanted Hills

7700 Lincoln Ave NE, Rio Rancho, NM 87144

3 Beds

$2,120+
Panorama

1465 Rio Rancho Blvd SE, Rio Rancho, NM 87124

Studio

$1,098+
Affinity at Albuquerque 55+

10700 Fineland Dr NW, Albuquerque, NM 87114

Studio

$1,820+

1 Bed

$1,829+

2 Beds

$2,100+
1 Bed

$964

2 Beds

$1,149

3 Beds

$1,321

Enchanted Vista Apartments

4501 Safelite Blvd NE, Rio Rancho, NM 87144
1 Bed

$956

2 Beds

$1,141

La Cantera Senior Apartments

3600 Old Airport Rd NW, Albuquerque, NM 87114
1 Bed

$814

2 Beds

$965

Felician Villa I - Senior 55+

1301 Stephanie Rd SE, Rio Rancho, NM 87124
3 Beds

$1,995

House for Rent

1312 Penasco Rd NE, Rio Rancho, NM 87144
3 Beds

$2,185

House for Rent

6801 Augusta Hills Dr NE, Rio Rancho, NM 87144
3 Beds

$2,205

House for Rent

3141 Zia St NE, Rio Rancho, NM 87144
4 Beds

$2,165

House for Rent

1804 Sierra Norte Loop NE, Rio Rancho, NM 87144
4 Beds

$2,265

House for Rent

500 Playful Meadows Dr NE, Rio Rancho, NM 87144
3 Beds

$2,455

House for Rent

3635 Buckskin Loop NE, Rio Rancho, NM 87144
3 Beds

$1,895

House for Rent

3744 Lonesome Ridge St NE, Rio Rancho, NM 87144
3 Beds

$2,095

House for Rent

3752 Rancher Loop NE, Rio Rancho, NM 87144
3 Beds

$2,025

House for Rent

529 Sunny Meadows Dr NE, Rio Rancho, NM 87144
4 Beds

$2,565

House for Rent

1452 Penasco Rd NE, Rio Rancho, NM 87144
4 Beds

$2,235

House for Rent

3809 Calming Meadows Ct, Rio Rancho, NM 87144
Studio

$1,708

Apartment for Rent

2221 Rio Rancho Blvd SE, Rio Rancho, NM 87124
Studio

$1,482

Apartment for Rent

2608 American Rd NW, Rio Rancho, NM 87124
$2,550

Townhome for Rent

1887 Sunrise Ln, Rio Rancho, NM 87124

3 Beds | 3 Baths | 1,915 sq ft
4 Beds

$2,199

House for Rent

6407 Black Hawk Dr NE, Rio Rancho, NM 87144
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New Mexico Sandoval County Rio Rancho

Rio Rancho, NM Apartments for Rent

An affordable location with a variety of rental opportunities, Rio Rancho is a blend of suburb and open desert. Just 16 miles north of Albuquerque, Rio Ranch resides in the heart of New Mexico. Kid-friendly amenities are abundant in town like A Park Above. This accessible park is the best place for children in the area with large playgrounds, splash pad, and community events.

Rio Rancho Public Schools offers Stapleton Elementary, Rio Ranch Middle, Rio Ranch High School and more. Rio Rancho’s open desert provides breathtaking landscapes and outdoor adventures year-round. Enjoy easy access to major highways and delicious restaurants like Filiberto’s Mexican Food, Cazuela’s Mexican Grill and Brewery, and Turtle Mountain Brewing Company.

Learn more about living in Rio Rancho, NM

Rio Rancho, NM Rental Insights

: The average rent in Rio Rancho, NM is $1,448 per month. By comparison, renters across the U.S. pay an average of $1,631, which means housing in Rio Rancho, NM is slightly less expensive than much of the country.
: The cost of living in Rio Rancho, NM is 5.7% lower than the national average. Daily expenses like housing, groceries, and transportation generally cost less than in many other U.S. cities.
: To live comfortably in Rio Rancho, NM as a single adult with no dependents, aim for a salary of at least $74,000 before taxes. Expect to spend about $8,016/year for groceries, $12,360 for goods and services, and $25,968/year for housing. To decide how much you should spend on rent, use our rent affordability calculator.
: You can find flexible rentals in Rio Rancho, NM by exploring short-term rentals for temporary stays or browsing furnished apartments for move-in ready options that save time and hassle.
: Tour apartments from your couch with Matterport 3D Tours. We have 1,049 Rio Rancho apartments with virtual tours available. Walk through the apartment, view room layouts and get a feel for the space before an in-person tour.
: Rio Rancho, NM has very few transit options. Residents typically rely on driving for daily needs.
: Students renting in Rio Rancho, NM have access to Central NM C.C., Rio Rancho, Central NM C.C., Westside, Central NM C.C., Adv Tech Ctr, and Univ. of Phoenix, Albuquerque.