What percentage of people rent in Rio Rancho, NM?

17.8% (±1.7 points) of the occupied homes in Rio Rancho, NM are rented (2020–2024 American Community Survey).

That is 7,171 renting households against 33,152 that own their home.

In Rio Rancho, the share of households that rent went from 22.5% in 2015–2019 to 17.8% in 2020–2024 (−4.7 percentage points), a measurable decrease.

Figures last updated on .

Households that rent
17.8% (±1.7 points)
Renting households
7,171 (±702)
Median renter income
$62,733 (±$3,187)

Who rents and who owns in Rio Rancho

Tenure, estimate (90% margin of error)
Rio RanchoSandoval CountyNew MexicoUnited States
Renter-occupied share17.8% (±1.7 points)16.5% (±1.3 points)30.0% (±0.4 points)34.8%
Renting households7,171 (±702)9,365 (±768)251,477 (±3,297)45,017,354
Owning households33,152 (±766)47,530 (±832)585,937 (±3,814)84,210,142
Average renter household size2.5 (±0.1)2.6 (±0.1)2.2 (±0.0)2.3
Average owner household size2.7 (±0.1)2.7 (±0.0)2.6 (±0.0)2.6
Median renter household income$62,733 (±$3,187)$60,239 (±$7,599)$40,497 (±$955)$52,966
Median owner household income$95,828 (±$4,922)$92,751 (±$2,896)$77,401 (±$970)$100,009

In Rio Rancho, the renter share is not measurably different from Sandoval County (16.5%).

It is also lower than in New Mexico (30.0%).

It is lower than the national figure (34.8%).

In Sandoval County, Rio Rancho ranks 3 of 13 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 118 of 205.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Rio Rancho has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent22.5% (±1.7 points)17.8% (±1.7 points)−4.7 percentage pointsMeasurable decrease
Median gross rent$1,167 (±$31)$1,514 (±$67)+29.7%Up after inflation
Median household income$66,856 (±$2,812)$89,596 (±$3,533)+34.0%Up after inflation

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.

Households that rent in places near Rio Rancho

Nearest places with a published estimate, compared with Rio Rancho
PlaceDistanceHouseholds that rentCompared with this place
Rio Rancho—17.8% (±1.7 points)—
Corrales5.1 mi8.8% (±3.5 points)Lower
Rio Rancho Estates5.7 mi8.8% (±10.1 points)Not measurably different
Paradise Hills6.0 mi24.3% (±10.4 points)Not measurably different
Bernalillo8.4 mi23.1% (±5.0 points)Higher
North Valley8.8 mi23.7% (±7.2 points)Not measurably different
Los Ranchos de Albuquerque9.0 mi19.8% (±7.1 points)Not measurably different
Santa Ana Pueblo11 mi9.7% (±8.2 points)Not measurably different
Albuquerque13 mi38.2% (±0.7 points)Higher

Nearby places with a measurably lower figure: Corrales, NM (8.8%).

Nearby places with a measurably higher figure: Bernalillo, NM (23.1%), Albuquerque, NM (38.2%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Sandoval County, place by place

RankPlaceHouseholds that rent
1Bernalillo23.1% (±5.0 points)
2San Ysidro22.7% (±19.8 points)
3Rio Rancho17.8% (±1.7 points)
4Cuba15.1% (±12.3 points)
5Jemez Pueblo13.1% (±9.9 points)
6Algodones12.8% (±13.2 points)
7Jemez Springs10.8% (±10.8 points)
8Santa Ana Pueblo9.7% (±8.2 points)
9 (tie)Corrales8.8% (±3.5 points)

Showing 9 of 13 places in Sandoval County, ranked from highest to lowest.

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

Margins of error are at the 90% confidence level.

What you can do on Seayora in Rio Rancho

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Questions about Rio Rancho

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).

Is renting growing in Rio Rancho?

In Rio Rancho, the share of households that rent went from 22.5% in 2015–2019 to 17.8% in 2020–2024 (−4.7 percentage points), a measurable decrease.

How big are renting households in Rio Rancho?

A renting household in Rio Rancho has 2.5 people on average, against 2.7 in an owned home.

How much do renters earn in Rio Rancho?

The median renting household in Rio Rancho, NM has an income of $62,733 (±$3,187) a year, against $95,828 for households that own their home.

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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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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