Rental market snapshot for Rio Rancho, New Mexico

Rio Rancho, New Mexico Rental Property Market Overview

Rio Rancho is a city located in the state of New Mexico. It is the largest city in the state and is located in the northern part of the state. According to the US Census, the population of Rio Rancho in 2021 is 105,834. Rio Rancho is a rapidly growing city, with a variety of amenities, including shopping, dining, and entertainment. It is also home to a number of parks and recreational areas, making it a great place to live and visit.

The average rent for an apartment in Rio Rancho is $1,867. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

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Average monthly rent graph in Rio Rancho New Mexico | Cost of Living

  • The most expensive ZIP code in Rio Rancho is 87144 with an average price of $1,881.
  • The cheapest ZIP code in Rio Rancho is 87124 with an average price of $1,866.

Rio Rancho ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
187144$1,881
287124$1,866

Live near Rio Rancho, New Mexico's Top Sights and Attractions

Cabezon Recreation Center Pool and Park is a popular destination for locals and visitors alike. It features a large outdoor pool with a water slide, a splash pad, and a playground. The park also includes a walking path, picnic areas, and a basketball court. The center also offers a variety of classes and activities, including swimming lessons, water aerobics, and more. The pool is open year-round, and the park is open daily from sunrise to sunset.

Haynes Recreation Center Pool And Park is a popular outdoor destination in Rio Rancho, New Mexico. It features a large pool with a diving board, a playground, and plenty of open green space for picnics and outdoor activities. The pool is open year-round and has a variety of amenities, including a snack bar, a shaded seating area, and a locker room. The park also has a basketball court, a sand volleyball court, and a walking path. With its convenient location and wide range of activities, Haynes Recreation Center Pool And Park is a great place to spend a day with family and friends.

Rio Rancho Bosque is a tranquil nature preserve located in the heart of Rio Rancho. It features a variety of trails that wind through the lush vegetation, providing visitors with a peaceful escape from the hustle and bustle of city life. The trails are perfect for walking, biking, and bird watching, and the area is home to a variety of wildlife, including deer, coyotes, and rabbits. The Bosque also features a pond, which is a popular spot for fishing and canoeing. Visitors can also enjoy the picnic areas and playgrounds, making it a great spot for families to spend the day.

Corrales Heights Trail is a scenic hiking trail located in the foothills of the Sandia Mountains. The trail is a moderate difficulty, with a total distance of 4.2 miles. It offers stunning views of the Rio Grande Valley, the Sandia Mountains, and the city of Rio Rancho. Along the trail, hikers can enjoy a variety of wildlife, including birds, lizards, and other small animals. The trail is also a great spot for mountain biking, horseback riding, and bird watching.

This park is perched atop a hill, offering stunning views of the surrounding landscape. It features a variety of outdoor activities, including a playground, walking trails, picnic areas, and a disc golf course. The park also has a large pond, which is home to a variety of wildlife, including ducks and geese. Visitors can also enjoy the nearby amphitheater, which hosts a variety of events throughout the year.

Olympus Park is a family-friendly outdoor destination located in Rio Rancho, New Mexico. It features a variety of activities and attractions, including a large playground, a splash pad, a walking trail, and a picnic area. The park also has a large lake, which is perfect for fishing, canoeing, and kayaking. There are also several sports fields and courts, including basketball, volleyball, and tennis. The park is a great place to spend a day outdoors with friends and family, and is a popular spot for birthday parties and other special events.

Havasu Park is a picturesque outdoor destination located in the foothills of the Sandia Mountains. Visitors can enjoy a variety of activities including hiking, biking, fishing, and picnicking. The park features a large lake surrounded by lush vegetation, providing a tranquil setting for relaxation. There are also several trails that wind through the park, offering stunning views of the surrounding landscape. Visitors can also explore the nearby petroglyphs, which are ancient rock carvings left by the area's original inhabitants.

Vista Hills Park is a beautiful outdoor destination located in Rio Rancho, New Mexico. The park features a variety of recreational activities, including a playground, walking trails, and picnic areas. Visitors can also enjoy stunning views of the surrounding landscape, including the Sandia Mountains and the Rio Grande Valley. The park is also home to a variety of wildlife, including birds, rabbits, and other small animals. Visitors can also take advantage of the park's free Wi-Fi and ample parking.

Canyon Park is a stunning natural attraction located in the desert of New Mexico. It features a unique landscape of red rock formations, canyons, and mesas. Visitors can explore the area on foot, by bike, or on horseback. There are several trails to choose from, ranging from easy to difficult. The park also offers camping, picnicking, and fishing opportunities. The views from the top of the canyon are breathtaking, and the sunsets are especially beautiful.

Vista Sandia Park is a picturesque outdoor destination located in the foothills of the Sandia Mountains. Visitors can enjoy stunning views of the surrounding landscape, including the Rio Grande Valley, from the park's observation deck. The park also features a variety of recreational activities, including hiking trails, picnic areas, and a playground. The park is also home to a variety of wildlife, including birds, lizards, and other small animals. With its breathtaking views and abundance of outdoor activities, Vista Sandia Park is a great place to spend a day in the great outdoors.

Rio Rancho, New Mexico area median rent change by ZIP code map

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How does Rio Rancho compare to other cities in New Mexico?

citymedian price
Santa Fe$2,100
Rio Rancho$1,800
Los Lunas$1,747
Peña Blanca$1,650
Holloman AFB$1,350
Las Cruces$1,320
Hobbs$1,000
Clovis$895
Portales$850

Average household income in Rio Rancho area graph - US Census

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The median household income in Rio Rancho in 2021 was $70,615. This represents a 17.4% change from 2011 when the median was $60,125.

#categorypercent
0Less than $10,0003.2%
1$10,000 to $14,9993.2%
2$15,000 to $19,9992.6%
3$20,000 to $24,9994.0%
4$25,000 to $29,9993.4%
5$30,000 to $34,9993.3%
6$35,000 to $39,9994.3%
7$40,000 to $44,9995.8%
8$45,000 to $49,9994.3%
9$50,000 to $59,99910.6%
10$60,000 to $74,99911.7%
11$75,000 to $99,99915.8%
12$100,000 to $124,99910.8%
13$125,000 to $149,9996.5%
14$150,000 to $199,9995.8%
15$200,000 or more4.9%

Neighborhoods in Rio Rancho

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of December , the average rent in Rio Rancho is $1,867.
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