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

Rental Market Trends in Rio Rancho, NM

SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Rio Rancho, NM is $2,295 per month, which is 20% higher than the national average rent of $1,910 per month.

AVERAGE RENT

$2,295

2.0%$45 increase month-over-month

4.3%$95 increase year-over-year

AVAILABLE RENTALS

120

APARTMENTS

$1,375

HOUSES

$2,395

TOWNHOUSES

$2,138

As of May 2026, apartments are the most affordable rental option in Rio Rancho, NM at $1,375 per month, while houses are the most expensive at $2,395 per month. Townhomes average $2,138 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	$1,625
3 Bedrooms	$2,300
4 Bedrooms	$2,500
All	$2,295

As of May 2026, the average rent for a 1 bedroom rental in Rio Rancho, NM is $1,260 per month, followed by $1,625 for a 2 bedroom rental, $2,300 for a 3 bedroom rental, and $2,500 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,849
3 Bedrooms	$2,233
4 Bedrooms	—
All	$2,138

As of May 2026, the average rent for a 2 bedroom townhome in Rio Rancho, NM is $1,849 per month, followed by $2,233 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,750
3 Bedrooms	$2,306
4 Bedrooms	$2,550
All	$2,395

As of May 2026, the average rent for a 2 bedroom house in Rio Rancho, NM is $1,750 per month, followed by $2,306 for a 3 bedroom house, and $2,550 for a 4 bedroom house.