{
  "schema_version": "1.0",
  "submarket": {
    "slug": "rio-rancho-nm",
    "name": "Rio Rancho",
    "state": "NM",
    "city": "RIO RANCHO",
    "cbsa": "Albuquerque",
    "zip_codes": [
      "87124",
      "87144"
    ]
  },
  "report": {
    "yearmonth": "202604",
    "month_label": "April 2026",
    "first_published_at": "2026-04-19T19:28:11.720Z",
    "last_updated_at": "2026-06-02T12:48:08.295Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1368,
        "low": 1314,
        "high": 1423,
        "mom_pct": 6.271746031746031,
        "yoy_pct": 9.839365079365079
      },
      "2br": {
        "median": 1593,
        "low": 1513,
        "high": 1672,
        "mom_pct": 1.6242076502732241,
        "yoy_pct": 9.977759562841529
      },
      "3br": {
        "median": 2110,
        "low": 2005,
        "high": 2216,
        "mom_pct": 1.660235294117647,
        "yoy_pct": 4.471058823529412
      },
      "4br": {
        "median": 2571,
        "low": 2429,
        "high": 2712,
        "mom_pct": 0.15214285714285716,
        "yoy_pct": 7.7542857142857144
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1324,
        "low": 1284,
        "high": 1363,
        "mom_pct": 1.94,
        "yoy_pct": 11.190000000000001
      },
      "2br": {
        "median": 1622,
        "low": 1565,
        "high": 1679,
        "mom_pct": 5.593846153846154,
        "yoy_pct": 9.299999999999999
      },
      "3br": {
        "median": 2259,
        "low": 2180,
        "high": 2338,
        "mom_pct": 3.3579999999999997,
        "yoy_pct": 9.608
      },
      "4br": {
        "median": 2641,
        "low": 2571,
        "high": 2747,
        "mom_pct": 1.38,
        "yoy_pct": 8.125
      }
    },
    "single_family": {
      "1br": {
        "median": 1277,
        "low": 1245,
        "high": 1308,
        "mom_pct": 1.43,
        "yoy_pct": 7.995
      },
      "2br": {
        "median": 1613,
        "low": 1557,
        "high": 1670,
        "mom_pct": 5.7700000000000005,
        "yoy_pct": 8.213
      },
      "3br": {
        "median": 2106,
        "low": 2001,
        "high": 2212,
        "mom_pct": 2.962803738317757,
        "yoy_pct": 6.674859813084113
      },
      "4br": {
        "median": 2345,
        "low": 2251,
        "high": 2439,
        "mom_pct": -0.252,
        "yoy_pct": 0.916
      }
    }
  },
  "vacancy": 3.7998,
  "days_on_market": {
    "apartment": 30,
    "condo_townhome": 34,
    "single_family": 24
  },
  "ai_summary": [
    {
      "headline": "1BR apartments climb 6.3% MoM to $1,368",
      "body": "In the Rio Rancho (87124, 87144) rental market, 1-bedroom apartments recorded the largest month-over-month jump, rising 6.27% to a median rent of $1,368. Year-over-year, this segment registered a 9.84% increase, underscoring a pronounced surge in pricing for entry-level apartment options in Rio Rancho (87124, 87144)."
    },
    {
      "headline": "2BR condos outperform apartments by $29",
      "body": "For 2-bedroom units in Rio Rancho (87124, 87144), condos and townhomes commanded a median rent of $1,622—outperforming apartments by $29, which stood at $1,593. Both saw notable annual increases near 10%, highlighting a price premium for condo/townhome rentals over apartments in this segment."
    },
    {
      "headline": "4BR single-family rents decline 0.25% MoM",
      "body": "Among larger units, Rio Rancho (87124, 87144) rental trends indicate that 4-bedroom single-family homes dropped 0.25% month-over-month to a median of $2,345. This segment’s annual growth was just 0.9%, lagging behind both apartments and condos for four-bedroom properties."
    }
  ],
  "summary": {
    "canonical": [
      "As of April 2026, rental prices in Rio Rancho, NM range from $1,277 to $2,641 per month depending on property type and bedroom count.",
      "The largest year-over-year increase was for 1BR condo/townhomes in Rio Rancho, NM, which rose 11.19%.",
      "For 3-bedroom units, condo/townhomes have a higher median rent at $2,259 compared to apartments at $2,110."
    ],
    "qa": [
      {
        "question": "What is the rent range in Rio Rancho, NM in April 2026?",
        "answer": "In April 2026, median rents in Rio Rancho, NM range from $1,277 for single-family 1BR homes to $2,641 for 4BR condo/townhomes."
      },
      {
        "question": "Are rents in Rio Rancho, NM rising or declining across property types in April 2026?",
        "answer": "Rents in Rio Rancho, NM are rising across all segments, with every property type and bedroom count showing year-over-year increases between 0.92% and 11.19%."
      },
      {
        "question": "Which bedroom count and property type in Rio Rancho, NM has the highest rent compared to others?",
        "answer": "For 4BR units in April 2026, condo/townhomes command the highest median rent at $2,641, compared to apartments at $2,571 and single-family homes at $2,345."
      },
      {
        "question": "What is the premium gap between apartments and single-family homes for 3BR units in Rio Rancho, NM?",
        "answer": "In April 2026, 3BR apartments have a median rent of $2,110, which is $4 above single-family 3BR homes at $2,106."
      }
    ]
  },
  "history": [
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1368,
          "2br": 1593,
          "3br": 2110,
          "4br": 2571
        },
        "condo_townhome": {
          "1br": 1324,
          "2br": 1622,
          "3br": 2259,
          "4br": 2641
        },
        "single_family": {
          "1br": 1277,
          "2br": 1613,
          "3br": 2106,
          "4br": 2345
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1282,
          "2br": 1590,
          "3br": 1882,
          "4br": 2567
        },
        "condo_townhome": {
          "1br": 1263,
          "2br": 1523,
          "3br": 2231,
          "4br": 2605
        },
        "single_family": {
          "1br": 1265,
          "2br": 1591,
          "3br": 2050,
          "4br": 2342
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1274,
          "2br": 1541,
          "3br": 2027,
          "4br": 2538
        },
        "condo_townhome": {
          "1br": 1281,
          "2br": 1509,
          "3br": 2148,
          "4br": 2568
        },
        "single_family": {
          "1br": 1245,
          "2br": 1551,
          "3br": 1954,
          "4br": 2304
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1264,
          "2br": 1545,
          "3br": 2095,
          "4br": 2517
        },
        "condo_townhome": {
          "1br": 1254,
          "2br": 1508,
          "3br": 2125,
          "4br": 2536
        },
        "single_family": {
          "1br": 1227,
          "2br": 1491,
          "3br": 1968,
          "4br": 2304
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1284,
          "2br": 1523,
          "3br": 2089,
          "4br": 2523
        },
        "condo_townhome": {
          "1br": 1250,
          "2br": 1498,
          "3br": 2134,
          "4br": 2534
        },
        "single_family": {
          "1br": 1224,
          "2br": 1511,
          "3br": 1977,
          "4br": 2339
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1283,
          "2br": 1513,
          "3br": 2106,
          "4br": 2531
        },
        "condo_townhome": {
          "1br": 1251,
          "2br": 1504,
          "3br": 2153,
          "4br": 2549
        },
        "single_family": {
          "1br": 1231,
          "2br": 1521,
          "3br": 2012,
          "4br": 2350
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1281,
          "2br": 1492,
          "3br": 2134,
          "4br": 2508
        },
        "condo_townhome": {
          "1br": 1272,
          "2br": 1525,
          "3br": 2155,
          "4br": 2558
        },
        "single_family": {
          "1br": 1233,
          "2br": 1525,
          "3br": 2024,
          "4br": 2371
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1265,
          "2br": 1495,
          "3br": 2126,
          "4br": 2482
        },
        "condo_townhome": {
          "1br": 1255,
          "2br": 1527,
          "3br": 2178,
          "4br": 2564
        },
        "single_family": {
          "1br": 1236,
          "2br": 1528,
          "3br": 2053,
          "4br": 2377
        }
      }
    },
    {
      "yearmonth": "202508",
      "month_label": "August 2025",
      "rents": {
        "apartment": {
          "1br": 1250,
          "2br": 1499,
          "3br": 2073,
          "4br": 2452
        },
        "condo_townhome": {
          "1br": 1252,
          "2br": 1529,
          "3br": 2160,
          "4br": 2562
        },
        "single_family": {
          "1br": 1238,
          "2br": 1532,
          "3br": 2044,
          "4br": 2397
        }
      }
    },
    {
      "yearmonth": "202507",
      "month_label": "July 2025",
      "rents": {
        "apartment": {
          "1br": 1231,
          "2br": 1514,
          "3br": 2035,
          "4br": 2433
        },
        "condo_townhome": {
          "1br": 1250,
          "2br": 1520,
          "3br": 2163,
          "4br": 2546
        },
        "single_family": {
          "1br": 1228,
          "2br": 1537,
          "3br": 2065,
          "4br": 2401
        }
      }
    },
    {
      "yearmonth": "202506",
      "month_label": "June 2025",
      "rents": {
        "apartment": {
          "1br": 1204,
          "2br": 1478,
          "3br": 2016,
          "4br": 2417
        },
        "condo_townhome": {
          "1br": 1221,
          "2br": 1507,
          "3br": 2116,
          "4br": 2518
        },
        "single_family": {
          "1br": 1213,
          "2br": 1512,
          "3br": 2041,
          "4br": 2381
        }
      }
    },
    {
      "yearmonth": "202505",
      "month_label": "May 2025",
      "rents": {
        "apartment": {
          "1br": 1202,
          "2br": 1451,
          "3br": 2022,
          "4br": 2400
        },
        "condo_townhome": {
          "1br": 1203,
          "2br": 1495,
          "3br": 2123,
          "4br": 2478
        },
        "single_family": {
          "1br": 1198,
          "2br": 1496,
          "3br": 2036,
          "4br": 2329
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/rio-rancho-nm/",
    "self": "https://data.estaite.com/feeds/rio-rancho-nm.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}