What's the average rent in Rio Rancho, NM?

Rental Market Trends in Rio Rancho, NM

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Rio Rancho, NM is $2,245 per month, which is 14% higher than the national average rent of $1,965 per month.

AVERAGE RENT

$2,245

2.3%$50 increase month-over-month

6.9%$145 increase year-over-year

AVAILABLE RENTALS

154

APARTMENTS

$1,396

HOUSES

$2,300

TOWNHOUSES

$2,044

As of August 2026, apartments are the most affordable rental option in Rio Rancho, NM at $1,396 per month, while houses are the most expensive at $2,300 per month. Townhomes average $2,044 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,260
2 Bedrooms	$1,550
3 Bedrooms	$2,254
4 Bedrooms	$2,499
All	$2,245

As of August 2026, the average rent for a 1 bedroom rental in Rio Rancho, NM is $1,260 per month, followed by $1,550 for a 2 bedroom rental, $2,254 for a 3 bedroom rental, and $2,499 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,850
3 Bedrooms	$2,167
4 Bedrooms	$2,700
All	$2,044

As of August 2026, the average rent for a 2 bedroom townhome in Rio Rancho, NM is $1,850 per month, followed by $2,167 for a 3 bedroom townhome, and $2,700 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,163
2 Bedrooms	$1,495
3 Bedrooms	$1,575
4 Bedrooms	$2,715
All	$1,500

As of August 2026, the average rent for a 1 bedroom apartment in Rio Rancho, NM is $1,163 per month, followed by $1,495 for a 2 bedroom apartment, $1,575 for a 3 bedroom apartment, and $2,715 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$850
2 Bedrooms	$1,750
3 Bedrooms	$2,290
4 Bedrooms	$2,495
All	$2,300

As of August 2026, the average rent for a 1 bedroom house in Rio Rancho, NM is $850 per month, followed by $1,750 for a 2 bedroom house, $2,290 for a 3 bedroom house, and $2,495 for a 4 bedroom house.