Via Vista Apartment Community
532 Cancun Loop NE,
Rio Rancho, NM 87124
2-3 Beds | $1,715 - $1,935
Rental Market Trends in Rio Rancho, NM
What is the average rent in Rio Rancho, NM?
$1,308/month
Average Rent
672 Sq Ft
Average Apartment Size
+4.5%
Increase in the Last Year
As of January 2025, the average rent in Rio Rancho, NM is $1,308 per month. This is 16% lower than the national average rent of $1,554/month, making renting in Rio Rancho more affordable than most cities in the US. When you rent an apartment in Rio Rancho, you can expect to pay about $1,139 per month for a studio, $1,308 for a one-bedroom apartment, and around $1,557 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,715 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Rio Rancho, NM?
In the past year, rent has increased by 4.5%, which averages out to $59 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated January 2025
Legend
2024
2025
Rent Ranges in Rio Rancho, NM
Last Updated January 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
50%
$1,001 - $1,500/month
30%
$1,501 - $2,000/month
20%
Above $2,000/month
What salary do I need to live comfortably in Rio Rancho, NM?
Because the average rent in Rio Rancho is $1,308, you’ll want to make about $4,360 per month or $52,320 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Rio Rancho, NM compare to other nearby cities and neighborhoods?
Use the tool below to compare Rio Rancho, NM to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Nearby City Rent Trends
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Property Management Companies in Rio Rancho, NM
AMC
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672
Communities
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130,842
Units
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265
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6 Communities in Rio Rancho
Greystar
-
3,229
Communities
-
892,662
Units
-
828
Cities
4 Communities in Rio Rancho
New Earth Residential
-
46
Communities
-
9,821
Units
-
21
Cities
2 Communities in Rio Rancho
Monarch Properties, Inc.
-
24
Communities
-
2,591
Units
-
10
Cities
2 Communities in Rio Rancho
Bryten Real Estate Partners
-
119
Communities
-
27,994
Units
-
63
Cities
1 Community in Rio Rancho
Inland Group
-
32
Communities
-
5,194
Units
-
30
Cities
1 Community in Rio Rancho
Jamboree Management
-
27
Communities
-
4,153
Units
-
18
Cities
1 Community in Rio Rancho
NALS Apartment Homes
-
21
Communities
-
7,588
Units
-
16
Cities
1 Community in Rio Rancho
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.