Cheap Apartments for Rent in Rio Rancho, NM
151 rentals
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYINCOME RESTRICTED$1,095 - $1,644/mo
1-4 Beds
1-2 BathsSandoval Flats | 3200 E Camino Encantadas NE,
Rio Rancho, NM 87144
Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$1,150 - $1,635/moStudio-2 Beds1-2 BathsBlue Agave Villas | 4101 Meadowlark Ln SE,
Rio Rancho, NM 87124
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$1,197 - $1,567/moStudio-2 Beds1-2 BathsEntrada Pointe | 900 Country Club Dr SE,
Rio Rancho, NM 87124
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SPECIAL OFFERPET FRIENDLYTotal price$1,370 - $1,770/mo1-2 Beds1-2 BathsMeadowlark | 4201 Meadowlark Ln SE,
Rio Rancho, NM 87124
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SPECIAL OFFERPET FRIENDLY$1,622 - $1,947/mo2-3 Beds2 BathsVia Vista Apartment Community | 532 Cancun Loop NE,
Rio Rancho, NM 87124
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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 stayed about the same in Sep 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $2,195 |
| Nov 2025 | $2,110 |
| Dec 2025 | $2,050 |
| Jan 2026 | $2,095 |
| Feb 2026 | $2,175 |
| Mar 2026 | $2,129 |
| Apr 2026 | $2,250 |
| May 2026 | $2,295 |
| Jun 2026 | $2,229 |
| Jul 2026 | $2,200 |
| Aug 2026 | $2,206 |
| Sep 2026 | $2,200 |
Average Rent By Bedroom and Home Type
In September 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,263 | $1,595 | $2,200 | $2,400 | $2,195 |
| Townhomes | — | $2,189 | $2,300 | $2,200 | $2,200 |
| Apartments and Condos | $1,300 | $1,450 | $1,300 | $2,715 | $1,450 |
| Houses | $1,200 | $1,700 | $2,200 | $2,458 | $2,295 |
Frequently Asked Questions about Rentals 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 $1,355 per month. This is about 30% 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 Dec 2025 when it was $2,050 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 May 2025 when it was $2,200 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 $1,263 per month. That is about $90 more than the cost of a studio apartment.
- How many available rental listings are in Rio Rancho, NM?There are 152 available rental listings 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?
- 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.
View this page in Spanish: Apartamentos baratos en renta en Rio Rancho, NM - 422 Rentas | Trulia