Via Vista Apartment Community
532 Cancun Loop NE,
Rio Rancho, NM 87124
2-3 Beds | $1,583 - $1,995
Rental Market Trends in Rio Rancho, NM
Updated July 2026
The average rent in Rio Rancho, NM is $1,416/month.
Rent in Rio Rancho is roughly equal to the national average rent of of $1,663/month.
$1,416/month
Average Rent
678 Sq Ft
Average Size
-6.7%
Change / Year
928
Available Apartments
Rio Rancho rent varies by unit size and layout:
- Studio apartments in Rio Rancho average $1,121 per month.
- One-bedroom apartments in Rio Rancho average $1,416 per month.
- Two-bedroom apartments in Rio Rancho average $1,690 per month.
- Three-bedroom apartments in Rio Rancho average $2,134 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Rio Rancho, NM?
In the past year, rent has decreased by 6.7%, which averages out to $94 less per month.
Market Trends Over Time
July 2026
2025
2026
Rent Ranges in Rio Rancho, NM
July 2026
$1,001 - $1,500
Most rental prices fall within this range
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 $1,416, you’ll want to make about $4,720 per month or $56,640 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 8.4% lower than the national average. Generally, housing in Rio Rancho is 10.9% less expensive than the national average, with rent falling between $1,121 - $2,134. You can expect to pay 3.5% less for groceries, 16.1% less for utilities, and 7.6% 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.
View the Rio Rancho Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Rio Rancho We Think You'll Love
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Frequently Asked Questions
What is the average rent in Rio Rancho?
The average rent in Rio Rancho is $1,416 per month, which is 14.9% lower than the national average of $1,663.
What is the average rent for a house in Rio Rancho?
The average rent for a house in Rio Rancho, NM is $2,179 per month.
Are rents going up or down in Rio Rancho?
Rents in Rio Rancho, NM are decreasing, with prices down 6.7% year-over-year and $94 less per month.
What rent range is most common in Rio Rancho?
In Rio Rancho, NM, 36% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.