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Rental Market Trends in Rio Rancho, NM

What is the average rent in Rio Rancho, NM?

$1,471/month

Average Rent

677 Sq Ft

Average Apartment Size

+4.9%

Increase in the Last Year

As of December 2025, the average rent in Rio Rancho, NM is $1,471 per month. For comparison, the national average rent price in the US is currently $1,631/month, which means Rio Rancho rent prices are 10% lower than the national average. When you rent an apartment in Rio Rancho, you can expect to pay about $1,103 per month for a studio, $1,471 for a one-bedroom apartment, and around $1,720 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,135 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,103/month
376 Sq Ft
One Bedroom
$1,471/month
677 Sq Ft
Two Bedroom
$1,720/month
1,021 Sq Ft
Three Bedroom
$2,135/month
1,355 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,087/month
1,679 Sq Ft
Four Bedroom
$2,347/month
2,159 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Rio Rancho, NM?

In the past year, rent has increased by 4.9%, which averages out to $72 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Rio Rancho, NM
Last Updated December 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Rio Rancho, NM
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
36% $1,001 - $1,500/month
36% $1,501 - $2,000/month
27% Above $2,000/month

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

Because the average rent in Rio Rancho is $1,471, you’ll want to make about $4,903 per month or $58,836 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Rio Rancho, NM is 6.9% lower than the national average. Generally, housing in Rio Rancho is 8.8% less expensive than the national average, with rent falling between $1,103 - $2,135. You can expect to pay 3.4% less for groceries, 16.0% less for utilities, and 7.8% less for transportation.

City

Rio Rancho, NM

1,117 Available Apartments for Rent

Search for Nearby Apartments

How does Rio Rancho, NM compare to other nearby cities and neighborhoods?

Use the tool below to compare Rio Rancho, NM to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Rio Rancho, NM

Apartment Averages

Nearby City Rent Trends

  • Bernalillo Average Rent
  • Albuquerque Average Rent

Apartment communities in Rio Rancho we think you'll love

Via Vista Apartment Community

Via Vista Apartment Community

532 Cancun Loop NE,
Rio Rancho, NM 87124

$1,622 - $3,387

2-3 Beds

Wintergreen Apartments

Wintergreen Apartments

10800 Golf Course Rd NW,
Albuquerque, NM 87114

$1,450 - $2,000

Studio - 2 Beds

Entrada Pointe

Entrada Pointe

900 Country Club Dr,
Rio Rancho, NM 87124

$1,173 - $1,583

Studio - 2 Beds

The Eleanor at Rio Rancho

The Eleanor at Rio Rancho

2301 Westside Blvd,
Rio Rancho, NM 87124

$1,933 - $3,450

1-3 Beds

Property Management Companies in Rio Rancho, NM

AMC
AMC
  • 654

    Communities

  • 128,618

    Units

  • 254

    Cities

6 Communities in Rio Rancho
Greystar
Greystar
  • 3,449

    Communities

  • 951,254

    Units

  • 876

    Cities

5 Communities in Rio Rancho
New Earth Residential
New Earth Residential
  • 56

    Communities

  • 11,749

    Units

  • 28

    Cities

2 Communities in Rio Rancho
Guardian
Guardian
  • 29

    Communities

  • 4,484

    Units

  • 13

    Cities

2 Communities in Rio Rancho
Dominium
Dominium
  • 116

    Communities

  • 24,869

    Units

  • 90

    Cities

1 Community in Rio Rancho
Bryten Real Estate Partners
Bryten Real Estate Partners
  • 112

    Communities

  • 27,117

    Units

  • 67

    Cities

1 Community in Rio Rancho
Inland Group
Inland Group
  • 36

    Communities

  • 5,820

    Units

  • 33

    Cities

1 Community in Rio Rancho
Jamboree Management
Jamboree Management
  • 32

    Communities

  • 4,505

    Units

  • 21

    Cities

1 Community in Rio Rancho

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United States New Mexico Rio Rancho Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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