1-Bedroom Apartment Rent in Rio Rancho, NM
Median asking rent for a 1-bedroom apartment in Rio Rancho, New Mexico as of July 2026. That's +26% lower than the citywide median of $1,857 and +1% below the national 1-bedroom median of $1,395.
Income needed for a 1-bedroom in Rio Rancho
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.
Rent by apartment size in Rio Rancho
Compare Rio Rancho's median rent across every apartment size.
Cheapest cities for a 1-bedroom in New Mexico
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Portales | $720 |
| 2 | Alamogordo | $760 |
| 3 | Silver City | $770 |
| 4 | Roswell | $800 |
| 5 | Clovis | $810 |
| 6 | Hobbs | $870 |
| 7 | Farmington | $910 |
| 8 | Carlsbad | $980 |
| 9 | Las Cruces | $1,016 |
| 10 | Santa Teresa | $1,020 |
| 11 | Los Alamos | $1,100 |
| 12 | Albuquerque | $1,128 |
| 13 | Los Lunas | $1,150 |
| 14 | Rio Rancho (this page) | $1,380 |
| 15 | Santa Fe | $1,420 |
Most expensive cities for a 1-bedroom in New Mexico
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Santa Fe | $1,420 |
| 2 | Rio Rancho (this page) | $1,380 |
| 3 | Los Lunas | $1,150 |
| 4 | Albuquerque | $1,128 |
| 5 | Los Alamos | $1,100 |
| 6 | Santa Teresa | $1,020 |
| 7 | Las Cruces | $1,016 |
| 8 | Carlsbad | $980 |
| 9 | Farmington | $910 |
| 10 | Hobbs | $870 |
| 11 | Clovis | $810 |
| 12 | Roswell | $800 |
| 13 | Silver City | $770 |
| 14 | Alamogordo | $760 |
| 15 | Portales | $720 |
Nearby cities — 1-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 1-bedroom rents than Rio Rancho.
| City | Distance | 1-Bedroom rent | vs Rio Rancho |
|---|---|---|---|
| Albuquerque, NM | 15.6 mi | $1,128 | $-252 (-18%) |
| Los Lunas, NM | 45.8 mi | $1,150 | $-230 (-17%) |
| Los Alamos, NM | 49 mi | $1,100 | $-280 (-20%) |
| Santa Fe, NM | 60.2 mi | $1,420 | +$40 (+3%) |
| Farmington, NM | 140.4 mi | $910 | $-470 (-34%) |
| Roswell, NM | 198.2 mi | $800 | $-580 (-42%) |
1-Bedroom rent in Rio Rancho — common questions
How much is a 1-bedroom apartment in Rio Rancho?
As of July 2026, the median 1-bedroom apartment rent in Rio Rancho, New Mexico is $1,380 per month. This is +26% below the citywide median of $1,857.
What income do you need to afford a 1-bedroom in Rio Rancho?
Using the standard 30% rent-to-income rule, you would need an annual income of about $55,200 ($4,600/month gross), which works out to roughly $26.54/hour at a full-time job.
Is Rio Rancho expensive for a 1-bedroom compared to the rest of the US?
Rio Rancho's 1-bedroom median of $1,380 is +1% below the national 1-bedroom median of $1,395. It ranks in the 49th percentile of US cities tracked.
How does Rio Rancho rank for 1-bedroom rent in New Mexico?
Among the 15 cities in New Mexico with 1-bedroom data, Rio Rancho ranks #14 from cheapest to most expensive.
Are there cheaper 1-bedroom options near Rio Rancho?
Yes — nearby cities with cheaper 1-bedroom rents include Albuquerque ($1,128), Los Lunas ($1,150), Los Alamos ($1,100).