Average Rent in Rio Rancho, NM
What is the average rent in Rio Rancho, NM?
The average listed apartment rent in Rio Rancho, NM is $1,483 per month, as of November 11, 2026. This sample includes 105 priced apartments in 8 buildings. These are tracked asking prices, not signed leases.
We use published total monthly rent when known and base rent otherwise. Unknown fees remain unknown. Included building observations run from November 9, 2026 through November 11, 2026. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.
8 apartment buildings, 105 units. Recorded asking prices and price history where available.
Browse apartments in Rio Rancho, NMCheapest
$1,056/mo
Arrowhead Ridge Apartments
Properties
8
tracked daily
Units
105
available now
Rio Rancho, NM Resident Access
City Club members share insider gate codes, parking links, and amenity tips.
Analysis
Rent Price Breakdown
Compare pricing across all 8 properties in Rio Rancho, NM.
Average rent trend, last 3 months
All bedroom types, citywide. Choose a window above to scope the view.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Rio Rancho, NM Rent Prices
All 8 properties ranked by lowest available rent.
Arrowhead Ridge Apartments
4515 Arrowhead Ridge Dr SE, Rio Rancho, NM 87124, USA
The Panorama
1465 Rio Rancho Blvd SE, Rio Rancho, NM 87124, USA
Blue Agave Villas
4101 Meadowlark Ln SE, Rio Rancho, NM 87124, USA
Entrada Pointe
900 Country Club Dr SE, Rio Rancho, NM 87124, USA
The Links at High Resort
201 Pinnacle Dr SE, Rio Rancho, NM 87124, USA
Enchanted Hills Apartments
4401 Safelite Blvd NE, Rio Rancho, NM 87144, USA
Meadowlark Apartments
4201 Meadowlark Ln SE, Rio Rancho, NM 87124, USA
| # | Property | From | Avg | $/sqft | Rating | Units |
|---|---|---|---|---|---|---|
| 1 | Arrowhead Ridge Apartments 4515 Arrowhead Ridge Dr SE, Rio Rancho, NM 87124, USA | $1,056 | $1,227 | $1.22/ft² | 3.1 (118) | 6 |
| 2 | The Panorama 1465 Rio Rancho Blvd SE, Rio Rancho, NM 87124, USA | $1,098 | $1,219 | $3.20/ft² | 4 (25) | 5 |
| 3 | Blue Agave Villas 4101 Meadowlark Ln SE, Rio Rancho, NM 87124, USA | $1,165 | $1,419 | $2.19/ft² | 4 (35) | 27 |
| 4 | Entrada Pointe 900 Country Club Dr SE, Rio Rancho, NM 87124, USA | $1,197 | $1,386 | $2.11/ft² | 4 (229) | 13 |
| 5 | The Links at High Resort 201 Pinnacle Dr SE, Rio Rancho, NM 87124, USA | $1,240 | $1,514 | $1.39/ft² | 3.5 (144) | 32 |
| 6 | Enchanted Hills Apartments 4401 Safelite Blvd NE, Rio Rancho, NM 87144, USA | $1,290 | $1,509 | $1.77/ft² | 3.5 (57) | 7 |
| 7 | Meadowlark Apartments 4201 Meadowlark Ln SE, Rio Rancho, NM 87124, USA | $1,349 | $1,572 | $1.73/ft² | 3 (24) | 3 |
Rent & Price History by Building
Compare apartment listings by price, bedrooms, and neighborhood.
Arrowhead Ridge Apartments
3.1 (118)4515 Arrowhead Ridge Dr SE, Rio Rancho, NM 87124, USA
The Panorama
4 (25)1465 Rio Rancho Blvd SE, Rio Rancho, NM 87124, USA
Blue Agave Villas
4 (35)4101 Meadowlark Ln SE, Rio Rancho, NM 87124, USA
Entrada Pointe
4 (229)900 Country Club Dr SE, Rio Rancho, NM 87124, USA
The Links at High Resort
3.5 (144)201 Pinnacle Dr SE, Rio Rancho, NM 87124, USA
Enchanted Hills Apartments
3.5 (57)4401 Safelite Blvd NE, Rio Rancho, NM 87144, USA
By Area
Rio Rancho, NM neighborhoods
Tracked buildings across 2 named neighborhoods. Pick one to see its apartments.
Rio Rancho, NM Average Rent Prices 2026
The average listed rent in Rio Rancho, NM is $1,483 per month, based on 105 units across 8 apartment communities. Prices range from $1,056 at Arrowhead Ridge Apartments to $2,010 at Via Vista Apartment Homes.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| Studio | $1,205/mo | $1,098/mo | 10 |
| 1 Bed | $1,336/mo | $1,225/mo | 38 |
| 2 Bed | $1,524/mo | $1,056/mo | 34 |
| 3 Bed | $1,785/mo | $1,213/mo | 23 |
We schedule daily price checks. The included observations can have different dates. Request an area we do not cover so we can review it for coverage.
Market Context
Who rents in Rio Rancho, NM, and what they pay
Tracked one-bedroom rent in Rio Rancho, NM averages $1,336/mo , with two-bedroom units averaging $1,524/mo. At the local median household income of $85,755, that works out to 21% of gross income, well within the 25 percent comfortable-rent threshold.
The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Rio Rancho, NM at $1,481/mo. The current tracked market average runs 0% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Rio Rancho, NM while the tracked market average covers units currently listed in larger apartment communities.
What salary do I need to live comfortably in Rio Rancho, NM?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$59,000/year
Based on the 30 percent rule, using our tracked average rent of $1,483/mo.
Comfortable income
$71,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,056/mo), you need to earn at least $42,000/year.
Median household income in Rio Rancho, NM is $85,755 , about 20% above the comfortable-living threshold.
Cost of living in Rio Rancho, NM
Overall prices in Rio Rancho, NM runs below the national average by about 6% (BEA Regional Price Parity index 93.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Rio Rancho, NM's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,483 |
| Utilities | $382 |
| Groceries | $526 |
| Transportation | $909 |
| Healthcare | $444 |
| Other goods and services | $710 |
| Estimated total | $4,453/mo |
Population
106,533
Median household income
$85,755
Census median rent
$1,481/mo
Census rent burden
31.0%
Median age
39.0
Mean commute
30 min
Methodology
Rent data
We use listed asking rents and schedule daily data updates. Individual buildings can have different verification dates. Check the building or unit page for its latest price and availability.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
We estimate annual income by dividing annual rent by 30 percent for the affordability figure and 25 percent for the comfortable-income figure. These estimates are a guide, not a guarantee of rental approval.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Compare
Nearby cities in New Mexico
How Rio Rancho, NM rent compares to other markets in the state.
| City | Avg Rent | vs Rio Rancho, NM | 30-Day Change | Properties |
|---|---|---|---|---|
| Albuquerque, NM | $8,998 | +507% | -0.2% | 172 |
| Las Cruces, NM | $1,445 | -3% | -43.8% | 8 |
| Santa FE, NM | $1,954 | +32% | -- | 8 |
Frequently asked questions
What is the average rent in Rio Rancho, NM?
The average listed apartment rent in Rio Rancho, NM is $1,483 per month, as of November 11, 2026. This sample includes 105 priced apartments in 8 buildings. These are tracked asking prices, not signed leases.
What is the median rent in Rio Rancho, NM?
The median asking rent in Rio Rancho, NM is $1,499 per month, computed from 105 priced listings; check the observation dates shown on this page. The average is $1,483/mo; the median resists skew from luxury listings.
What is the cheapest apartment rent in Rio Rancho, NM?
The lowest available rent in Rio Rancho, NM starts at $1,056 per month. Confirm current availability, fees, and lease terms with the selected listing.
How much is a 1-bedroom apartment in Rio Rancho, NM?
1-bedroom apartments in Rio Rancho, NM average $1,336/mo. The lowest listed 1-bedroom starts at $1,225/mo across 38 units tracked.
How much is a 2-bedroom apartment in Rio Rancho, NM?
2-bedroom apartments in Rio Rancho, NM average $1,524/mo. Units start from $1,056/mo across 34 units currently listed.
Rent Trends in Rio Rancho, NM
Track how apartment prices are changing over time.
Missing your neighborhood?
Tell us where you're looking. We'll start tracking prices within 24 hours.
Get Started