Rio Rancho NM Apartments

16 rentals

Apartments For Rent Near Rio Rancho, NM

We found 30 more apartments matching your filters just outside Rio Rancho

Average Rent Trends in Rio Rancho, NM

Rent in Rio Rancho, NM varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Jun 2025.
MonthAverage rent
Jun 2025$1,471
Jul 2025$1,392
Aug 2025$1,415
Sep 2025$1,372
Oct 2025$1,393
Nov 2025$1,341
Dec 2025$1,325
Jan 2026$1,372
Feb 2026$1,398
Mar 2026$1,524
Apr 2026$1,408
May 2026$1,712
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,260$1,625$2,300$2,500$2,295
Townhomes—$1,849$2,233—$2,138
Apartments and Condos—$1,400——$1,300
Houses—$1,750$2,306$2,550$2,395
See more information about local market trends in Rio Rancho, NM

Frequently Asked Questions about Apartments and Condos for rent in Rio Rancho, NM

  • What is the average rent of an apartment in Rio Rancho, NM?
    The average rent of an apartment in Rio Rancho, NM is $1,375 per month. This is about 29% lower than the national average.
  • When is the average rent cheapest in Rio Rancho, NM?
    In the last year, the average rent in Rio Rancho, NM was lowest in Mar 2025 when it was $1,231 per month.
  • When is the average rent most expensive in Rio Rancho, NM?
    In the last year, the average rent in Rio Rancho, NM was highest in Jun 2025 when it was $1,471 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Rio Rancho, NM?
    The average rent of a 1 bedroom apartment in Rio Rancho, NM is $1,260 per month. That is about $87 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in Rio Rancho, NM?
    There are 20 available apartments or condos to rent in Rio Rancho, NM.
  • What are some neighborhoods in Rio Rancho, NM?
    Some neighborhoods in Rio Rancho, NM include: Northern Meadows, Enchanted Hills, Solar Village/Mid-Unser, Vista Hills, River's Edge.
  • What are some zip codes in Rio Rancho, NM?
    Rio Rancho, NM includes zip codes such as: 87124, 87144, 87053, 87174.
  • What are some cities near Rio Rancho, NM?
    Some nearby cities include: Corrales, Bernalillo, Los Ranchos de Albuquerque, San Ysidro, Placitas. These cities may have more rental options to explore.