Long-term Rental Rates — April 2026 · ZIPs: 87124,87144
Local market data by Estaite
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.
What is the rent range in Rio Rancho, NM in April 2026?
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.
Are rents in Rio Rancho, NM rising or declining across property types in April 2026?
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%.
Which bedroom count and property type in Rio Rancho, NM has the highest rent compared to others?
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.
What is the premium gap between apartments and single-family homes for 3BR units in Rio Rancho, NM?
In April 2026, 3BR apartments have a median rent of $2,110, which is $4 above single-family 3BR homes at $2,106.
Rio Rancho, NM
April 2026
87124,87144
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,314 – $1,423
6.27%
9.84%
2-Bedroom
$1,513 – $1,672
1.62%
9.98%
3-Bedroom
$2,005 – $2,216
1.66%
4.47%
4-Bedroom
$2,429 – $2,712
0.15%
7.75%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,284 – $1,363
1.94%
11.19%
2-Bedroom
$1,565 – $1,679
5.59%
9.30%
3-Bedroom
$2,180 – $2,338
3.36%
9.61%
4-Bedroom
$2,571 – $2,747
1.38%
8.13%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,245 – $1,308
1.43%
8.00%
2-Bedroom
$1,557 – $1,670
5.77%
8.21%
3-Bedroom
$2,001 – $2,212
2.96%
6.67%
4-Bedroom
$2,251 – $2,439
-0.25%
0.92%
Data updated: June 2, 2026
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).
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.
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.