What is the average apartment size in Rio Rancho?

The average size for a Rio Rancho, NM apartment is 881 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Rio Rancho?

As of Sep / 2025, the average rent in Rio Rancho is $1,589 per month, a 5.65% increase from last year’s average of $1,504.

What is the average apartment size in Rio Rancho?

The typical apartment in Rio Rancho offers about 881 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Rio Rancho, NM Rental Market Trends

Q: What's the typical rent budget in Rio Rancho?

The typical rent budget in Rio Rancho ranges from $1,501 to $2,000 per month, with 55% of rentals in this range.

Q: Do most people rent or own in Rio Rancho?

In Rio Rancho, 18% of households rent while 82% own their homes, based on the latest U.S. Census data.

Last updated: October 31, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Rio Rancho is $1,589, a 5.65% increase compared to the previous year, when the average rent was $1,504.

One-bedroom apartments provide 663 square feet for $1,460, balancing privacy and affordability.

Two-beedroom units at $1,569 offer 939 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,216 sq ft) for $1,971, suitable for larger households.

Average rent in Rio Rancho, NM

Last updated: October 31, 2025

	Average Rent	Average Apartment Size
All Rentals	$1,589	881 sq. ft.
Studio	n/a	n/a
1 Bed	$1,460	663 sq. ft.
2 Beds	$1,569	939 sq. ft.
3 Beds	$1,971	1,216 sq. ft.

Rio Rancho, NM rent trends

Rental prices in Rio Rancho, NM have increased by 5.65% over the past year. The average rent moved from $1,504 to $1,589.

What's the typical rent budget in Rio Rancho, NM?

The largest share of rentals in Rio Rancho, NM (55%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Rio Rancho, NM?

6,960 or 18% of the households in Rio Rancho, NM are renter-occupied while 32,232 or 82% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

How Rio Rancho Compares to Other Cities

City	Average Rent
Rio Rancho	$1,589
Albuquerque	$1,384
Las Cruces	$1,261
Santa Fe	$1,854
Alamogordo	$1,031
Los Alamos, NM	$2,046

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Rio Rancho apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.