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2 Bedroom Apartments for Rent in Rio Rancho, NM - 18 Rentals available

We found 1 rental in Rio Rancho, NM and 17 rentals nearby

We found 17 rentals within a 10-mile radius of Rio Rancho, NM

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Rio Rancho, NM Demographics

  • Total Population93,317
  • Female 45,399
    Male 47,918
  • Median Age38.1

Average Rent in Rio Rancho, NM

  • Rio Rancho, NM Average Rental Price, February 2019$895/mo

Rio Rancho, NM Apartment Rent Ranges

  • $501-$70013%
  • $701-$1,00059%
  • $1,001-$1,50028%

Rio Rancho, NM Rent Trends

Average Rent Jan / 2016 May / 2016 Sept / 2016 Jan / 2017 May / 2017 Sept / 2017 Jan / 2018 May / 2018 Feb / 2019
Rio Rancho, NM $813 $846 $865 $822 $857 $864 $862 $862 $895
National $1,290 $1,319 $1,334 $1,329 $1,354 $1,366 $1,366 $1,381 $1,396
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Rio Rancho, NM Households

  • Total Number of Households33,372
  • Family 23,716
    Non-family 9,656
  • Children 12,237
    No Children 21,135
  • Average People Per Household2.78
  • Median Household Income$63,180
  • Median Housing Costs Per Month$1,152

Rio Rancho, NM Education Statistics

  • No High School2%
  • Some High School30%
  • Some College32%
  • Associate Degree9%
  • Bachelor Degree16%
  • Graduate Degree10%

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. If you’re looking primarily in affordable neighborhoods, like Cielo Grande, you will find cheap 2 bedroom apartments with rents as low as .

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 is 1 apartment building in Rio Rancho, NM you can explore that offer all types of floor plans, including cheap 2 bedroom apartments.