Long-term Rental Rates — September 2026 · ZIPs: 87124,87144
Local market data by Estaite
As of September 2026, rental prices in Rio Rancho (87124, 87144), in the Albuquerque metro area, range from $1,344 to $2,778 per month depending on property type and bedroom count.
The steepest year-over-year change is a -20.15% decrease for 4BR apartments in Rio Rancho, NM.
For 2-bedroom rentals, single-family homes have a median rent of $1,638 compared to $1,522 for apartments.
What is the rent range for apartments, condos, and single-family homes in Rio Rancho, NM?
As of September 2026, rental prices in Rio Rancho, NM, range from $1,344 for 1BR single-family homes to $2,778 for 4BR condo/townhomes.
Which segment in Rio Rancho, NM, experienced the most notable outlier in month-over-month change in September 2026?
4BR apartment rents in Rio Rancho, NM, saw a -24.96% month-over-month change in September 2026.
How much higher are single-family home rents compared to apartment rents for the same bedroom count in Rio Rancho, NM?
For 3-bedroom rentals in Rio Rancho, NM, single-family homes rent for $2,127 and apartments rent for $1,725, making single-family homes $402 more expensive.
What are the specific month-over-month rent changes across property types in Rio Rancho, NM, for September 2026?
In Rio Rancho, NM, month-over-month rent changes in September 2026 include a 4.75% increase for 3BR condo/townhomes and a -24.96% decrease for 4BR apartments.
Rio Rancho, NM· Albuquerque metro
September 2026
87124,87144
Long-term Rental Rates
Long-term rental rates for Rio Rancho (87124,87144), in the Albuquerque metro area, as of September 2026.
Apartment
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,382 – $1,468
1.28%
11.24%
2-Bedroom
$1,461 – $1,583
-5.25%
1.79%
3-Bedroom
$1,638 – $1,811
-21.14%
-19.12%
4-Bedroom
$1,885 – $2,084
-24.96%
-20.15%
Condo/Townhome
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,345 – $1,428
-0.30%
10.13%
2-Bedroom
$1,517 – $1,595
-0.74%
1.41%
3-Bedroom
$2,239 – $2,402
4.75%
6.56%
4-Bedroom
$2,747 – $2,889
-0.16%
8.35%
Single-Family
Unit Type
Price
1 Mo Change
1 Yr Change
1-Bedroom
$1,310 – $1,377
-0.41%
8.70%
2-Bedroom
$1,581 – $1,695
1.40%
7.05%
3-Bedroom
$2,027 – $2,227
-0.96%
3.97%
4-Bedroom
$2,331 – $2,561
1.20%
3.57%
Data updated: October 19, 2026
Rio Rancho Rental Trends · Albuquerque metro
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.