Average Rent in Rio Rancho, NM
7 apartment buildings, 26 units. Real asking prices, refreshed daily.
Avg Rent
$1,505/mo
Cheapest
$1,056/mo
Properties
7
Units
26
Analysis
Rent Price Breakdown
Compare pricing across all 7 properties in Rio Rancho, NM.
Average Rent by Property
Starting Price vs Average
Rent by Bedroom Count
Price per Square Foot
Rio Rancho, NM Rent Prices
All 7 properties ranked by lowest available rent.
Arrowhead Ridge Apartments
4515 Arrowhead Ridge Dr SE, Rio Rancho, NM 87124, USA
Enchanted Hills Apartments
4401 Safelite Blvd NE, Rio Rancho, NM 87144, USA
Via Vista Apartment Homes
532 Cancun Loop NE, 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 Eleanor Rio Rancho
2301 Westside Blvd SE, Rio Rancho, NM 87124, USA
The Links at High Resort
201 Pinnacle Dr 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 | $1,182 | $1.22 | 3.1 (118) | 9 |
| 2 | Enchanted Hills Apartments 4401 Safelite Blvd NE, Rio Rancho, NM 87144, USA | $1,325 | $1,463 | $1.86 | 3.5 (57) | 3 |
| 3 | Via Vista Apartment Homes 532 Cancun Loop NE, Rio Rancho, NM 87124, USA | $1,555 | $1,723 | $1.65 | 3.2 (69) | 14 |
| 4 | Blue Agave Villas 4101 Meadowlark Ln SE, Rio Rancho, NM 87124, USA | -- | -- | -- | 4 (35) | 0 |
| 5 | Entrada Pointe 900 Country Club Dr SE, Rio Rancho, NM 87124, USA | -- | -- | -- | 4 (229) | 0 |
| 6 | The Eleanor Rio Rancho 2301 Westside Blvd SE, Rio Rancho, NM 87124, USA | -- | -- | -- | 4.6 (14) | 0 |
| 7 | The Links at High Resort 201 Pinnacle Dr SE, Rio Rancho, NM 87124, USA | -- | -- | -- | 3.5 (144) | 0 |
Explore Each Property
Arrowhead Ridge Apartments
3.1 (118)4515 Arrowhead Ridge Dr SE, Rio Rancho, NM 87124, USA
Enchanted Hills Apartments
3.5 (57)4401 Safelite Blvd NE, Rio Rancho, NM 87144, USA
Via Vista Apartment Homes
3.2 (69)532 Cancun Loop NE, 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 Eleanor Rio Rancho
4.6 (14)2301 Westside Blvd SE, Rio Rancho, NM 87124, USA
Rio Rancho, NM Average Rent Prices 2026
The average rent in Rio Rancho, NM is $1,505 per month, based on 26 units across 7 apartment communities. Prices range from $1,056 at Arrowhead Ridge Apartments to $1,555 at Via Vista Apartment Homes.
Average Rent by Bedroom Type
| Type | Avg Rent | Starting From | Units |
|---|---|---|---|
| 1 Bed | $1,325/mo | $1,325/mo | 1 |
| 2 Bed | $1,429/mo | $1,056/mo | 21 |
| 3 Bed | $1,953/mo | $1,900/mo | 4 |
Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.
Market Context
Who rents in Rio Rancho, NM, and what they pay
Tracked one-bedroom rent in Rio Rancho, NM averages $1,325/mo, with two-bedroom units averaging $1,429/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 2% 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
$60,000/year
30 percent rule -- using our average rent of $1,505/mo.
Comfortable income
$72,000/year
25 percent rule -- leaves 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 19% 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) | $1,505 |
| Utilities | $382 |
| Groceries | $526 |
| Transportation | $909 |
| Healthcare | $444 |
| Other goods and services | $710 |
| Estimated total | $4,475/mo |
Population
106,533
Median household income
$85,755
Census median rent
$1,481/mo
Rent as % of income
31.0%
Median age
39.0
Mean commute
30 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
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
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
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 | Properties |
|---|---|---|---|
| Albuquerque, NM | $1,571 | +4% | 86 |
| Las Cruces, NM | $1,423 | -5% | 8 |
Frequently asked questions
What is the average rent in Rio Rancho, NM?
The average rent in Rio Rancho, NM is $1,505 per month, based on 26 units across 7 apartment buildings tracked by Average Rent. Prices are updated every morning through our proprietary data sourcing.
What is the cheapest apartment rent in Rio Rancho, NM?
The lowest available rent in Rio Rancho, NM starts at $1,056 per month. Availability changes daily as leasing data is refreshed each morning.
How much is a 1-bedroom apartment in Rio Rancho, NM?
1-bedroom apartments in Rio Rancho, NM average $1,325/mo. The lowest listed 1-bedroom starts at $1,325/mo across 1 units tracked.
How much is a 2-bedroom apartment in Rio Rancho, NM?
2-bedroom apartments in Rio Rancho, NM average $1,429/mo. Units start from $1,056/mo across 21 units currently listed.
Rent Trends in Rio Rancho, NM
Track how apartment prices are changing over time.
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