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What to Know About
Life in Rio Rancho & Beyond
Rio Rancho shares many of the great qualities that make New Mexico a desirable place to live.
New Mexico, known as the "Land of Enchantment," boasts a rich cultural heritage, stunning desert landscapes, and thriving arts and outdoor recreation. Learn about the state's fascinating history by visiting ancient Native American ruins, such as the remarkable Chaco Canyon and Aztec Ruins, or experience modern art museums, including the world-renowned Harwood Museum of Art and the Museum of International Folk Art. The state is also home to several prestigious universities, including New Mexico State University and the University of New Mexico.
Outdoor enthusiasts will find no shortage of opportunities for adventure in New Mexico, with endless options for hiking, camping, and skiing in the Sandia and Sacramento Mountains, as well as fishing and boating in Lake Powell and Elephant Butte Lake. In addition, be sure to explore some of the most iconic landscapes in the country, including the magnificent Carlsbad Caverns National Park and White Sands National Monument, and experience the historic charm of Taos.
New Mexico's unique blend of affordability, job opportunities, cultural heritage, natural beauty, and quality of life make it a great place to live. So whether you're seeking outdoor adventures, artistic inspiration, or a peaceful desert oasis, New Mexico has it all.
Rental Market Trends
Rio Rancho, NM
As of July 2025, Rio Rancho's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Rio Rancho's average rent is 20.5% ($311) higher than the New Mexico average of $1,515 and 2.9% ($51) higher than the U.S. average of $1,775.
Average Rent
$1,826
Monthly ChangeMonth Over Month Change
0.6% ($11)
Yearly ChangeYear Over Year Change
8.6% ($172)
Avg. Days on MarketAverage Days on Market
28
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $1,329 | 2% ($27) | 7.6% ($94) |
| 2 Beds | $1,618 | 1.6% ($26) | 6% ($91) |
| 3 Beds | $2,009 | 2.1% ($43) | 2.4% ($49) |
| Nearby Cities | Average Rent | Avg. Rent vs. Rio RanchoAverage Rent vs. Rio Rancho | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Albuquerque | $1,367 | 25.1% ($459) | 25 days |
| Bernalillo | $1,777 | 2.7% ($49) | 29 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Rio Rancho Rental Market FAQs
Explore rental prices, market trends, and availability in Rio Rancho, NM.
The average rent in Rio Rancho, NM is $1,826 per month.
Homes in Rio Rancho typically rent for between $930 and $2,612 per month, with an average of $1,826 per month.
In Rio Rancho, the average rent for a 1-bedroom home is $1,329 per month, for a 2-bedroom home, $1,618 per month, and a 3-bedroom home is $2,009 per month.
The average rent in Rio Rancho is 2.9% ($51) higher than the national average of $1,775 per month.
The average rent in Rio Rancho has increased by 0.6% ($11) in the last month and decreased by 8.6% ($172) over the past year.
The rental market in Rio Rancho, NM, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Rio Rancho, NM, the average rental stays on the market for approximately 28 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 48 rental properties available in Rio Rancho, NM.
Based on the current averages, a household would need an annual income of $64,720 to comfortably afford a 2-bedroom home in Rio Rancho.
