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

Rental Market Trends in Rio Rancho, NM

SOURCE: TRULIA DATA

Rental market highlights

As of September 2026, the average rent in Rio Rancho, NM is $2,200 per month, which is 13% higher than the national average rent of $1,948 per month.

AVERAGE RENT

$2,200

-3.6%-$82 decrease month-over-month

4.8%$100 increase year-over-year

AVAILABLE RENTALS

157

APARTMENTS

$1,378

HOUSES

$2,295

TOWNHOUSES

$2,200

As of September 2026, apartments are the most affordable rental option in Rio Rancho, NM at $1,378 per month, while houses are the most expensive at $2,295 per month. Townhomes average $2,200 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	$1,564
3 Bedrooms	$2,200
4 Bedrooms	$2,400
All	$2,200

As of September 2026, the average rent for a 1 bedroom rental in Rio Rancho, NM is $1,260 per month, followed by $1,564 for a 2 bedroom rental, $2,200 for a 3 bedroom rental, and $2,400 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,220
3 Bedrooms	$2,300
4 Bedrooms	$2,200
All	$2,200

As of September 2026, the average rent for a 2 bedroom townhome in Rio Rancho, NM is $2,220 per month, followed by $2,300 for a 3 bedroom townhome, and $2,200 for a 4 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,300
2 Bedrooms	$1,500
3 Bedrooms	$1,900
4 Bedrooms	$2,715
All	$1,500

As of September 2026, the average rent for a 1 bedroom apartment in Rio Rancho, NM is $1,300 per month, followed by $1,500 for a 2 bedroom apartment, $1,900 for a 3 bedroom apartment, and $2,715 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$1,200
2 Bedrooms	$1,750
3 Bedrooms	$2,250
4 Bedrooms	$2,400
All	$2,295

As of September 2026, the average rent for a 1 bedroom house in Rio Rancho, NM is $1,200 per month, followed by $1,750 for a 2 bedroom house, $2,250 for a 3 bedroom house, and $2,400 for a 4 bedroom house.