Rio Rancho, NM Rental Market Trends
What is the average rent in Rio Rancho?
The average rent for an apartment in Rio Rancho is $1,265. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Rio Rancho, NM
|Average Rent||Average Apartment Size|
|$1,265||881 sq. ft.|
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.
Rio Rancho, NM Apartment Rent Ranges
Rio Rancho, NM Occupied Housing Units
7,323 or 21% of the households in Rio Rancho, NM are renter-occupied while 28,153 or 79% are owner-occupied.
Rio Rancho, NM Rent Trends
|Jul / 2019||Nov / 2019||Mar / 2020||Jul / 2020||Nov / 2020||Mar / 2021||Jul / 2021||Nov / 2021||Mar / 2022||Jul / 2022|