Average Rent in Rio Rancho, NM
The typical rent in Rio Rancho, NM is $1,767/month (as of April 2026).
Average market rent
$1,767/mo
Zillow Observed Rent Index (ZORI) · April 2026
Median gross rent
$1,514/mo
US Census Bureau (ACS) · December 2024
Average rent by bedroom in Rio Rancho, NM
| Type | Average rent |
|---|---|
| Studio | $1,132/mo |
| 1 bedroom | $1,135/mo |
| 2 bedroom | $1,316/mo |
| 3 bedroom | $1,675/mo |
| 4 bedroom | $1,926/mo |
| 5+ bedroom | $2,126/mo |
Source: US Census Bureau (ACS) (December 2024).
Renting in Rio Rancho, NM?
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Frequently asked questions
What is the average rent in Rio Rancho, NM?
The average rent in Rio Rancho, NM is approximately $1,767 per month as of April 2026, based on Zillow Observed Rent Index (ZORI).
How much is a 2-bedroom in Rio Rancho, NM?
The average rent for a 2-bedroom in Rio Rancho, NM is about $1,316 per month (US Census Bureau (ACS)).
How often is this data updated?
The calculator refreshes from Zillow Observed Rent Index (ZORI), every month.
Rent in nearby cities (NM)
Estimates only, for informational purposes. Source: Zillow Observed Rent Index (ZORI). Actual rents vary by neighborhood, bedroom count, condition, and timing.