What is the rental vacancy rate in Rio Rancho, NM?

The rental vacancy rate in Rio Rancho, NM is 7.9% (±3.8 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.5% (±0.4 points).

1,585 (±448) homes, 3.8% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Rio Rancho, the rental vacancy rate went from 6.4% in 2015–2019 to 7.9% in 2020–2024 (+1.5 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
7.9% (±3.8 points)
Homeowner vacancy rate
0.5% (±0.4 points)
Vacant homes
1,585 (±448)

Vacancy in Rio Rancho against Sandoval County, its state and the nation

Estimate (90% margin of error)
Rio RanchoSandoval CountyNew MexicoUnited States
Rental vacancy rate7.9% (±3.8 points)7.1% (±3.2 points)5.9% (±0.4 points)5.5%
Homeowner vacancy rate0.5% (±0.4 points)0.7% (±0.4 points)1.0% (±0.1 points)0.9%
Vacant housing units1,585 (±448)4,030 (±561)119,550 (±2,688)14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Rio Rancho, the rental vacancy rate is not measurably different from Sandoval County (7.1%).

It is not measurably different from New Mexico (5.9%).

It is not measurably different from the national figure (5.5%).

Rental vacancy rate in places near Rio Rancho

Nearest places with a published estimate, compared with Rio Rancho
PlaceDistanceRental vacancy rateCompared with this place
Rio Rancho—7.9% (±3.8 points)—
Corrales5.1 mi0.0% (±12.7 points)Not measurably different
Rio Rancho Estates5.7 mi0.0% (±49.5 points)Not measurably different
Paradise Hills6.0 mi0.0% (±8.7 points)Not measurably different
Bernalillo8.4 mi7.5% (±6.7 points)Not measurably different
North Valley8.8 mi0.0% (±4.2 points)Lower
Los Ranchos de Albuquerque9.0 mi10.0% (±13.5 points)Not measurably different
Santa Ana Pueblo11 mi0.0% (±70.7 points)Not measurably different
Albuquerque13 mi5.9% (±0.7 points)Not measurably different

Nearby places with a measurably lower figure: North Valley, NM (0.0%).

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

Rental vacancy rate across Sandoval County, place by place

RankPlaceRental vacancy rate
1Jemez Springs27.8% (±40.6 points)
2Rio Rancho7.9% (±3.8 points)
3Bernalillo7.5% (±6.7 points)
4Jemez Pueblo3.7% (±7.0 points)
5 (tie)Algodones0.0% (±35.0 points)
5 (tie)Corrales0.0% (±12.7 points)
5 (tie)Cuba0.0% (±69.2 points)
5 (tie)Placitas0.0% (±27.1 points)

Showing 8 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

Is it hard to find a rental in Rio Rancho?

The rental vacancy rate in Rio Rancho, NM is 7.9% (±3.8 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Rio Rancho tighter than it was?

In Rio Rancho, the rental vacancy rate went from 6.4% in 2015–2019 to 7.9% in 2020–2024 (+1.5 percentage points), not a measurable change.

How many homes are vacant in Rio Rancho?

An estimated 1,585 (±448) housing units, 3.8% of the total, including seasonal homes and homes waiting to be sold or rented.

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 DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

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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