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Average Rent in Rio Rancho, NM & Rent Trends
What is the average 2-bedroom rent in Rio Rancho, NM?
The average listed 2-bedroom apartment rent in Rio Rancho, NM is $1,550 per month, as of November 10, 2026. This sample includes 31 priced apartments in 7 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 10, 2026. Buildings without a qualifying price do not count in this sample. The guide directory can include more buildings.
Rent prices and market trends across 7 apartment communities in Rio Rancho, NM. Prices update after successful source checks.
Showing 2 bedrooms in Rio Rancho, NM.
Market Average
$1,550/mo
Lowest Available
$1,282/mo
cheapest unit on market
Communities
7
tracked daily
Units Listed
31
available now
Rent by Neighborhood in Rio Rancho, NM
Compare average rent across Rio Rancho, NM neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Rio Rancho 87124 | $1,550 | - | $1,282 | 6 | 29 |
| City Center | $1,545 | - | $1,535 | 1 | 2 |
Is Rent Going Up or Down in Rio Rancho, NM?
As of November 2026, the average rent in Rio Rancho, NM is $1,550 per month across 7 apartment communities and 31 available units.
The most affordable option is Arrowhead Ridge Apartments starting at $1,282/mo. By unit type, a 2-bedroom averages $1,550/mo.
Prices range from $1,282 to $1,699 per month. The most common price point is the $1,400 range, where 23 units are currently listed.
Rent Price Distribution
Rent by Bedroom Type in Rio Rancho, NM
Rent Prices by Apartment in Rio Rancho, NM
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Arrowhead Ridge Apartments | $1,282/mo | $1,282/mo | 2 | 3.1 |
| The Links at High Resort | $1,450/mo | $1,523/mo | 8 | 3.5 |
| Blue Agave Villas | $1,475/mo | $1,589/mo | 8 | 4 |
| Enchanted Hills Apartments | $1,535/mo | $1,545/mo | 2 | 3.5 |
| Entrada Pointe | $1,540/mo | $1,563/mo | 6 | 4 |
| Via Vista Apartment Homes | $1,580/mo | $1,610/mo | 3 | 3.2 |
| Meadowlark Apartments | $1,599/mo | $1,649/mo | 2 | 3 |
Frequently Asked Questions About Rent in Rio Rancho, NM
What is the average 2-bedroom rent in Rio Rancho, NM?
What rent range can I find in Rio Rancho, NM?
Are rents going up or down in Rio Rancho, NM?
How much is a 2-bedroom apartment in Rio Rancho, NM?
Which tracked building has the lowest starting rent in Rio Rancho, NM?
Which rent range has the most listings in Rio Rancho, NM?
How many apartment listings do you track in Rio Rancho, NM?
How much rent history is available for Rio Rancho, NM?
Why can the headline rent differ from the trend chart in Rio Rancho, NM?
Does my bedroom choice change the prices and answers?
Do these rents include utilities, parking, and other fees?
How should I compare free-rent offers with listed rent?
Does this page represent every rental in the market?
How fresh are the Rio Rancho, NM rent figures?
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
$62,000/year
Based on the 30 percent rule, using our tracked average rent of $1,550/mo.
Comfortable income
$74,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,282/mo), you need to earn at least $51,000/year.
Median household income in Rio Rancho, NM is $85,755 , about 15% above the comfortable-living threshold.
Explore Rio Rancho, NM Apartments
Browse all 7 communities with daily-updated pricing and availability.
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) | $1,550 |
| Utilities | $382 |
| Groceries | $526 |
| Transportation | $909 |
| Healthcare | $444 |
| Other goods and services | $710 |
| Estimated total | $4,520/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
Google Search Trends for Rio Rancho, NM Apartments
Search interest for apartments in this area over the past 12 months.