Via Vista Apartment Community
532 Cancun Loop NE,
Rio Rancho, NM 87124
2-3 Beds | $1,649 - $2,095
Rental Market Trends in Rio Rancho, NM
What is the average rent in Rio Rancho, NM?
$1,419/month
Average Rent
677 Sq Ft
Average Apartment Size
+2.3%
Increase in the Last Year
As of July 2025, the average rent in Rio Rancho, NM is $1,419 per month. For comparison, the national average rent price in the US is currently $1,637/month, which means Rio Rancho rent prices are 13% lower than the national average. When you rent an apartment in Rio Rancho, you can expect to pay about $1,105 per month for a studio, $1,419 for a one-bedroom apartment, and around $1,693 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,104 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average 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 2.3%, which averages out to $33 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 July 2025
Legend
2024
2025
Rent Ranges in Rio Rancho, NM
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
45%
$1,001 - $1,500/month
27%
$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 $1,419, you’ll want to make about $4,730 per month or $56,760 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 4.9% lower than the national average. Generally, housing in Rio Rancho is 6.0% less expensive than the national average, with rent falling between $1,105 - $2,104. You can expect to pay 3.7% less for groceries, 13.2% less for utilities, and 8.9% less for transportation.
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.
Nearby City Rent Trends
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New Earth Residential
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Dominium
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106
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Bryten Real Estate Partners
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121
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28,635
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71
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1 Community in Rio Rancho
Mission Rock Residential
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71
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17,878
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50
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Inland Group
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36
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5,820
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32
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Jamboree Management
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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 June 2025.
* Percentages may not total 100 due to rounding.