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

Rental Market Trends in Rio Rancho, NM

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Rio Rancho, NM is $2,200 per month, which is 14% higher than the national average rent of $1,932 per month.

AVERAGE RENT

$2,200

0.0%No change month over month

0.7%$15 increase year-over-year

AVAILABLE RENTALS

138

APARTMENTS

$1,383

HOUSES

$2,300

TOWNHOUSES

$1,700

As of November 2026, apartments are the most affordable rental option in Rio Rancho, NM at $1,383 per month, while houses are the most expensive at $2,300 per month. Townhomes average $1,700 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$1,218
2 Bedrooms	$1,500
3 Bedrooms	$2,228
4 Bedrooms	$2,442
All	$2,200

As of November 2026, the average rent for a 1 bedroom rental in Rio Rancho, NM is $1,218 per month, followed by $1,500 for a 2 bedroom rental, $2,228 for a 3 bedroom rental, and $2,442 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$2,138
3 Bedrooms	$1,700
4 Bedrooms	—
All	$1,700

As of November 2026, the average rent for a 2 bedroom townhome in Rio Rancho, NM is $2,138 per month, followed by $1,700 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$1,163
2 Bedrooms	$1,433
3 Bedrooms	$1,700
4 Bedrooms	$2,715
All	$1,475

As of November 2026, the average rent for a 1 bedroom apartment in Rio Rancho, NM is $1,163 per month, followed by $1,433 for a 2 bedroom apartment, $1,700 for a 3 bedroom apartment, and $2,715 for a 4 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$767
2 Bedrooms	$1,883
3 Bedrooms	$2,279
4 Bedrooms	$2,442
All	$2,300

As of November 2026, the average rent for a 1 bedroom house in Rio Rancho, NM is $767 per month, followed by $1,883 for a 2 bedroom house, $2,279 for a 3 bedroom house, and $2,442 for a 4 bedroom house.