Long-term Rental Rates — June 2026 · ZIPs: 87124,87144
Local market data by Estaite
As of June 2026, rental prices in Rio Rancho, NM range from $1,320 to $2,726 per month depending on property type and bedroom count.
The most substantial year-over-year increase is for 1BR apartments in Rio Rancho, NM, with rents rising 18.07%.
For 2BR units, condo/townhome rents are $1,674 while apartment rents are $1,583.
What is the rent range in Rio Rancho, NM for June 2026?
In June 2026, rents in Rio Rancho, NM span from $1,320 for a 1BR single-family home up to $2,726 for a 4BR condo/townhome.
Are rents in Rio Rancho, NM generally rising or falling in each segment?
Across Rio Rancho, NM as of June 2026, rents are rising in almost every segment, led by 1BR apartments up 18.07% YoY, 2BR condo/townhomes up 9.70% YoY, and 4BR condo/townhomes up 8.28% YoY, while 2BR single-family homes show a smaller increase of 2.41% YoY and 3BR apartments rose by just 1.02% YoY.
Which bedroom and property type combination has the most pronounced rent difference in Rio Rancho, NM?
1BR apartments in Rio Rancho, NM notably outperform other 1BR types with a median rent of $1,444, higher than single-family at $1,320 and condo/townhome at $1,348.
What is the price gap between apartments and single-family homes for the same bedroom in Rio Rancho, NM?
For 3BR units in Rio Rancho, NM during June 2026, single-family homes rent for $2,176 while apartments rent for $2,041, resulting in a $135 per month premium favoring single-family homes.
Rio Rancho, NM
June 2026
87124,87144
Long-term Rental Rates
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,386 – $1,502
-0.29%
18.07%
2-Bedroom
$1,504 – $1,662
0.41%
7.55%
3-Bedroom
$1,959 – $2,123
-1.22%
1.02%
4-Bedroom
$2,426 – $2,709
0.25%
6.20%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,308 – $1,389
-0.17%
10.14%
2-Bedroom
$1,615 – $1,732
8.64%
9.70%
3-Bedroom
$2,177 – $2,335
-0.07%
6.63%
4-Bedroom
$2,653 – $2,835
1.68%
8.28%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,287 – $1,353
2.06%
8.83%
2-Bedroom
$1,510 – $1,587
-2.99%
2.41%
3-Bedroom
$2,067 – $2,284
1.15%
6.56%
4-Bedroom
$2,329 – $2,523
0.31%
1.54%
Data updated: July 19, 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.