Rio Rancho, NM rental market

What is the average rent in Rio Rancho, NM?

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Last updated June 26, 2026

Rental market summary

The average rent for all bedrooms and all property types in Rio Rancho, NM is $2,200.

Average rent

$2,200

Month-over-month change

-$20

Year-over-year change

+$190

Available rentals

123

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $850 to $7,500.

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Rent frequencies
Rent priceNumber of rental properties
$8001
$9001
$1,0002
$1,1007
$1,2002
$1,3003
$1,4008
$1,5009
$1,6004
$1,7005
$1,80011
$1,9008
$2,0008
$2,10010
$2,20013
$2,30020
$2,40014
$2,50011
$2,6007
$2,7005
$2,8003
$2,9004
$3,0001
$3,2002
$3,3001
$3,4001
$3,5001
$5,000+1

Average rent price over time

In the last year, rent has increased by $190 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$2,100$2,095
Feb$2,095$2,175
Mar$2,150$2,132
Apr$2,100$2,250
May$2,200$2,295
Jun$2,195$2,230
Jul$2,100No data
Aug$2,100No data
Sep$2,143No data
Oct$2,195No data
Nov$2,117No data
Dec$2,050No data

Market temperature

The Rio Rancho, NM rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Rio Rancho, NM is 9% higher than the national average.

Rio Rancho, NMvs.

$2,200

$2,013

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Frequently asked questions

1. What is the average rent in Rio Rancho, NM?

The average rent in Rio Rancho, NM is $2,200.

2. What is the average rent for a studio apartment in Rio Rancho, NM?

The average rent for a studio apartment in Rio Rancho, NM is $1,173 per month.

3. What is the average rent for a one-bedroom apartment in Rio Rancho, NM?

The average rent for a one-bedroom apartment in Rio Rancho, NM is $1,306 per month.

4. What is the average rent for a two-bedroom apartment in Rio Rancho, NM?

The average rent for a two-bedroom apartment in Rio Rancho, NM is $1,550 per month.

5. What is the average rent for a three-bedroom apartment in Rio Rancho, NM?

The average rent for a three-bedroom apartment in Rio Rancho, NM is $2,255 per month.

6. What is the average rent for a four-bedroom apartment in Rio Rancho, NM?

The average rent for a four-bedroom apartment in Rio Rancho, NM is $4,231 per month.

7. How much does it cost to rent a house in Rio Rancho, NM?

Houses in Rio Rancho, NM rent between $850 - $7,500 with an average rent of $2,200.

8. How has the rent in Rio Rancho, NM changed in the last year?

In the last year, the rent in Rio Rancho, NM increased by $190

9. How much has the rent in Rio Rancho, NM increased/decreased in the last month?

In the last month, the rent in Rio Rancho, NM decreased by $20

10. How many available rentals are there in Rio Rancho, NM?

There are currently 123 rentals available in Rio Rancho, NM.

11. How do rent prices in Rio Rancho, NM compare with the national average?

The average rent in Rio Rancho, NM is $2,200 — 9.29% higher the national average of $2,013.

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