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2 Bedroom Apartments for Rent in Rio Rancho, NM - 28 Rentals available

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Rio Rancho, NM Demographics

  • Total Population94,765
  • Female 46,072
    Male 48,693
  • Median Age38.3

Average Rent in Rio Rancho, NM

  • Rio Rancho, NM Average Rental Price, May 2020 $930 /mo

Rio Rancho, NM Apartment Rent Ranges

  • $501-$7008%
  • $701-$1,00058%
  • $1,001-$1,50034%

Rio Rancho, NM Rent Trends

Average Rent Mar / 2017 Jul / 2017 Nov / 2017 Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 May / 2020
Rio Rancho, NM $822 $857 $864 $862 $862 $895 $914 $945 $936 $930
National $1,337 $1,368 $1,371 $1,374 $1,408 $1,417 $1,422 $1,458 $1,466 $1,468
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Rio Rancho, NM Households

  • Total Number of Households34,078
  • Family 24,128
    Non-family 9,950
  • Children 11,561
    No Children 22,517
  • Average People Per Household2.77
  • Median Household Income$63,014
  • Median Housing Costs Per Month$1,151

Rio Rancho, NM Education Statistics

  • No High School2%
  • Some High School30%
  • Some College33%
  • Associate Degree10%
  • Bachelor Degree17%
  • Graduate Degree9%

Renting a 2 bedroom apartment in Rio Rancho, NM

Renting a 2 bedroom apartment is ideal if you’re living with someone else, whether it’s your partner, your roommate, or your whole family. The second bedroom gives you enough space for more than one person or can come in handy as a home office that doubles as a guest bedroom. Your apartment quest is going to be different depending on where and what you’re looking for.

Things to remember when looking for a cheap 2 bedroom apartment in Rio Rancho, NM

There is a series of factors that determine the price of a rental apartment in Rio Rancho, NM. Its location is probably at the top of the list. The closer a building is to the city center, or to a public transportation station, the more expensive it is. The same goes for buildings located in popular areas with a high density of quality dining, shopping and entertainment options. That’s because most renters would rather be close to where things are happening, thus creating an increased demand for those apartments. Another determinant is the quality of the building, as in how old it is, how well maintained, what amenities it offers. Similarly, the quality of the apartment unit itself is a factor. A furnished apartment will most certainly cost more than an unfurnished one. One that has newer appliances, or has been remodeled recently, is going to demand a higher price. On the flip side, you can find some really good deals if none of these factors are a priority for you. There are 2 apartment buildings in Rio Rancho, NM you can explore that offer all types of floor plans, including cheap 2 bedroom apartments.

Finding a home nearby is easier than you think. Check out our Apartments Near Me page and take your pick!