ZIP Code · NM

ZIP 87144

Pop. 51,837·Sandoval County·3rd most expensive ZIP in New Mexico
Median rent (all units)
$2,124/mo
Year-over-Year
+9.9%
Month-over-Month
+12.5%
vs US Median
+$159
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 87144 · $2,124
More expensive than 66% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,410
1 BR
$1,660
2 BR
$2,050
3 BR
$2,850
4 BR+
$3,360
Research median
$2,050/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$25,488/yr
At $2,124/mo median
Location
StateNM
CountySandoval County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 9.9% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+9.9% YoY, +12.5% MoM), not inventory.
Demographics

Who lives here

ZIP 87144 (Rio Rancho, NM) is majority owner-occupied, has a median income above the national average, 33.6% of residents hold a bachelor's degree or higher.

Population
51,837
Median income
$94,550
Median age
38.3
Renters
13.8%
Age distribution
23.6%
20.5%
28.3%
12.8%
14.8%
Under 1823.6%
18–3420.5%
35–5428.3%
55–6412.8%
65+14.8%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
52.5%
44.9%
White52.5%
Black3.1%
Hispanic44.9%
Asian1.6%
Education (25+)
22.1%
38.4%
33.6%
No HS diploma5.9%
HS diploma22.1%
Some college38.4%
Bachelor's+33.6%
Housing tenure
86.2%
13.8%
Owner86.2%
Renter13.8%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 87144 in Rio Rancho, NM has changed in 5 years

Income
$77,687 → $94,550
up 21.7%
Population
47,079 → 51,837
up 10.1%
Renter share
17.7% → 13.8%
-3.9 pts
Bachelor's+
32.1% → 33.6%
+1.5 pts
Median age
37.5 → 38.3
+0.8 yrs

Median household income climbed from $77,687 to $94,550 between 2021 and 2024, a 21.7% shift. Census counts show ZIP 87144 in Rio Rancho, NM adding about 4,758 residents over the five-year window, up 10.1% on net. The renter share has eased from 17.7% to 13.8%, with owner-occupied housing accounting for the remainder.

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About renting in ZIP 87144

Last updated: July 20, 2026

ZIP code 87144 covers Rio Rancho, NM. The median rent here is $2,124/mo as of July 2026. A 1-bedroom rents for a median of $1,660/mo. A 2-bedroom rents for a median of $2,050/mo.

At 27% of local median household income ($94,550/yr), ZIP 87144 ranks as affordable compared to the national benchmark of 30%. Rents have increased 9.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 87144?

As of July 20, 2026, the median monthly rent in ZIP 87144 (Rio Rancho, NM) is $2,124. This is based on aggregated data from public sources and community submissions.

How does ZIP 87144 rent compare to the US average?

ZIP 87144's median rent of $2,124/mo is $159 (8%) above the US national median of $1,965/mo.

How does ZIP 87144 compare to other ZIPs in New Mexico?

ZIP 87144 is one of the pricier ZIP codes in New Mexico, ranking #3 out of 35 ZIPs tracked at $2,124/mo.

How much income do you need to rent in ZIP 87144?

To keep rent at or below 30% of gross income, you would need to earn at least $85,000/year (~$41/hour full-time) to afford the median rent of $2,124/mo in ZIP 87144. The local median household income is $94,550/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 87144?

Rent in ZIP 87144 has increased 9.9% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 87144 an affordable place to rent?

ZIP 87144 is considered affordable for renters. At $2,124/mo, rent takes approximately 27% of the local median household income ($94,550/yr). The standard benchmark is 30%. ZIP 87144 falls comfortably within that range.

What percentage of ZIP 87144 residents rent vs. own?

According to Census data, approximately 13.8% of ZIP 87144 households are renters, while 86.2% are owner-occupied. ZIP 87144 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 87144 compare to the rest of Rio Rancho?

ZIP 87144 is pricier than Rio Rancho as a whole. At $2,124/mo, it's $267 above the Rio Rancho citywide median of $1,857/mo.

When was rent data for ZIP 87144 last updated?

Rent data for ZIP 87144 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
27%
AFFORDABLE

At $2,124/mo, rent takes ~27% of ZIP 87144's median household income ($94,550/yr). The standard benchmark is 30%.

ZIP 87144 27%Benchmark 30%
State income tax1.7–5.9%
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