Housing data for Rio Rancho, NM

Rio Rancho, NM has an estimated 108,515 residents and 41,908 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a city in Sandoval County.

17.8% of households rent.

The median gross rent is $1,514 a month.

Its population grew measurably since 2015–2019 (+12.8%).

Figures last updated on .

Residents
108,515 (±39)
Housing units
41,908 (±448)
Households that rent
17.8%
Median gross rent
$1,514
Residents since 2015–2019
+12.8%

What stands out in Rio Rancho

Homes built before 1980: 13.5% (±1.4 points) in Rio Rancho, lower than in Sandoval County (20.0%).

Households that moved in since 2020: 22.7% (±1.9 points) in Rio Rancho, higher than in Sandoval County (20.1%).

Housing in Rio Rancho at a glance

Rio Rancho against Sandoval County, its state and the nation

Estimate (90% margin of error)
Rio RanchoSandoval CountyNew MexicoUnited States
Residents108,515 (±39)153,604 (exact)2,120,246 (exact)334,922,499
Housing units41,908 (±448)60,925 (±60)956,964 (±262)143,775,355
Households that rent17.8% (±1.7 points)16.5% (±1.3 points)30.0% (±0.4 points)34.8%
Median gross rent$1,514 (±$67)$1,427 (±$37)$1,067 (±$11)$1,413
Median household income$89,596 (±$3,533)$86,636 (±$3,118)$64,059 (±$808)$80,734
Median home value$310,200 (±$7,254)$313,800 (±$6,593)$248,100 (±$1,957)$332,700
Median real estate taxes (a year)$2,293 (±$70)$2,296 (±$59)$1,731 (±$19)$3,119
Built before 198013.5% (±1.4 points)20.0% (±1.3 points)42.7% (±0.5 points)49.7%
Average commute29.7 minutes (±1.0)30.3 minutes (±0.8)23.5 minutes (±0.3)26.4 minutes
Households with broadband94.6% (±1.0 points)90.1% (±0.9 points)86.5% (±0.3 points)91.0%
Median age of residents39.5 years (±0.6)41.3 years (±0.3)39.4 years (±0.1)38.9 years

Rio Rancho covers 103.4 square miles of land, about 1,050 residents per square mile (Census Bureau Gazetteer).

How Rio Rancho has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents96,210 (±39)108,515 (±39)+12.8%Measurable increase
Housing units37,087 (±413)41,908 (±448)+13.0%Measurable increase
Median gross rent$1,167 (±$31)$1,514 (±$67)+29.7%Up after inflation
Median home value$190,800 (±$3,470)$310,200 (±$7,254)+62.6%Up after inflation
Median household income$66,856 (±$2,812)$89,596 (±$3,533)+34.0%Up after inflation
Median owner cost with a mortgage$1,365 (±$24)$1,651 (±$42)+21.0%No measurable change after inflation
Median real estate taxes$1,851 (±$44)$2,293 (±$70)+23.9%No measurable change after inflation
Households that rent22.5% (±1.7 points)17.8% (±1.7 points)−4.7 percentage pointsMeasurable decrease
Rental vacancy rate6.4% (±2.7 points)7.9% (±3.8 points)+1.5 percentage pointsNot a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Crime reported to police in Rio Rancho

In 2025, the Rio Rancho Police Department reported 324 violent and 997 property crimes per 100,000 residents to the FBI.

ZIP codes in Rio Rancho

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
8714461%51,837$1,688$321,900$94,550
8712434%58,499$1,434$298,000$86,555

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Rio Rancho

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Corrales5.1 mi$1,143$571,5008.8%
Rio Rancho Estates5.7 mi—$153,5008.8%
Paradise Hills6.0 mi$1,361$254,60024.3%
Bernalillo8.4 mi$902$255,50023.1%
North Valley8.8 mi$893$302,70023.7%
Los Ranchos de Albuquerque9.0 mi$1,061$492,40019.8%
Santa Ana Pueblo11 mi—$150,0009.7%
Albuquerque13 mi$1,145$291,50038.2%

Places in New Mexico most like Rio Rancho

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Kirtland$920$291,300$100,00018.4%
Los Lunas$1,110$262,900$62,33024.0%
Edgewood$1,114$306,400$84,7618.3%
Sandia Knolls$1,107$293,900$91,82712.0%
La Mesilla$1,012$315,800$81,43812.6%
Tome$1,385$269,300$85,44812.0%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across New Mexico.

HUD Fair Market Rent for Rio Rancho, fiscal year 2027

Albuquerque, NM MSA, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$977$1,112$1,384$1,902$2,242

HUD income limits for Rio Rancho, fiscal year 2026

Albuquerque, NM MSA, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$21,100$35,150$56,250
2 people$24,100$40,200$64,250
3 people$27,320$45,200$72,300
4 people$33,000$50,200$80,300
5 people$38,680$54,250$86,750
6 people$44,360$58,250$93,150
7 people$50,040$62,250$99,600
8 people$55,720$66,300$106,000

These are the limits HUD sets for its housing programs in the Albuquerque, NM MSA, where HUD’s median family income for fiscal year 2026 is $100,400.

A program can use its own limits; tax-credit and local programs often do.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Rio Rancho

What is the average rent in Rio Rancho, NM?

The Census Bureau publishes the median rather than the average: the median gross rent in Rio Rancho is $1,514 (±$67) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a one-bedroom apartment in Rio Rancho?

The median gross rent for a one-bedroom home in Rio Rancho, NM is $1,135 (±$131) a month (2020–2024 American Community Survey).

Are renters in Rio Rancho rent-burdened?

51.8% of renting households in Rio Rancho pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

How many renters are there in Rio Rancho?

Rio Rancho has an estimated 7,171 (±702) renting households, 17.8% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Rio Rancho?

The median household income in Rio Rancho is $89,596 (±$3,533) a year (2020–2024 American Community Survey).

What is the average home value in Rio Rancho, NM?

The Census Bureau publishes the median: $310,200 (±$7,254) for owner-occupied homes in Rio Rancho (2020–2024 American Community Survey).

Is Rio Rancho growing?

In Rio Rancho, the number of residents went from 96,210 in 2015–2019 to 108,515 in 2020–2024 (+12.8%), a measurable increase.

What ZIP codes are in Rio Rancho?

The ZIP codes that cover Rio Rancho are 87144, 87124.

What is the median rent in ZIP code 87144?

The median gross rent in ZIP Code Tabulation Area 87144 is $1,688 (±$129) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Rio Rancho city, New Mexico (place:63460, in state:35).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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