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
| Rio Rancho | Sandoval County | New Mexico | United States | |
|---|---|---|---|---|
| Renter-occupied share | 17.8% (±1.7 points) | 16.5% (±1.3 points) | 30.0% (±0.4 points) | 34.8% |
| Renting households | 7,171 (±702) | 9,365 (±768) | 251,477 (±3,297) | 45,017,354 |
| Owning households | 33,152 (±766) | 47,530 (±832) | 585,937 (±3,814) | 84,210,142 |
| Average renter household size | 2.5 (±0.1) | 2.6 (±0.1) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 22.5% (±1.7 points) | 17.8% (±1.7 points) | −4.7 percentage points | Measurable 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Rio Rancho | — | 17.8% (±1.7 points) | — |
| Corrales | 5.1 mi | 8.8% (±3.5 points) | Lower |
| Rio Rancho Estates | 5.7 mi | 8.8% (±10.1 points) | Not measurably different |
| Paradise Hills | 6.0 mi | 24.3% (±10.4 points) | Not measurably different |
| Bernalillo | 8.4 mi | 23.1% (±5.0 points) | Higher |
| North Valley | 8.8 mi | 23.7% (±7.2 points) | Not measurably different |
| Los Ranchos de Albuquerque | 9.0 mi | 19.8% (±7.1 points) | Not measurably different |
| Santa Ana Pueblo | 11 mi | 9.7% (±8.2 points) | Not measurably different |
| Albuquerque | 13 mi | 38.2% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Bernalillo | 23.1% (±5.0 points) |
| 2 | San Ysidro | 22.7% (±19.8 points) |
| 3 | Rio Rancho | 17.8% (±1.7 points) |
| 4 | Cuba | 15.1% (±12.3 points) |
| 5 | Jemez Pueblo | 13.1% (±9.9 points) |
| 6 | Algodones | 12.8% (±13.2 points) |
| 7 | Jemez Springs | 10.8% (±10.8 points) |
| 8 | Santa Ana Pueblo | 9.7% (±8.2 points) |
| 9 (tie) | Corrales | 8.8% (±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.
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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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Rio Rancho city, New Mexico
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Rio Rancho city, New Mexico
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Rio Rancho city, New Mexico
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Rio Rancho city, New Mexico
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Rio Rancho city, New Mexico
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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.
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 .
Related
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- Crime reported to police in Rio Rancho
- Population growth in Rio Rancho
- How long people stay in Rio Rancho
- Crowding and facilities in Rio Rancho
- New Mexico landlord and tenant rules
- Housing across Sandoval County
- New Mexico places ranked by share of renters
- Housing data for every place in New Mexico