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4 Two Bedroom Apartments For Rent in Rio Rancho, NM
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Cost of Living
21% Rent
vs
79% Own
Renter's Cost vs. Income
Last Updated October 2023
Average Monthly Rent (Census)
Last Updated October 2023
The breakdown of people who rent in Rio Rancho, NM is 21% renters and 79% owners. The monthly average cost of rent in Rio Rancho is $1,181 per month and the yearly average income is $85,087 per year. This compares to an average rent of $782 in NM and $1,003 in the US. This data was last updated in October 2023
Travel and Transport
Commuting to Work
Last Updated October 2023
Residents of Rio Rancho, NM spend an average of 27.6 minutes commuting to work. 32% have short commutes under 20 minutes, 61% travel between 20 and 60 minutes, and 7% face longer journeys exceeding an hour, reflecting varying levels of accessibility and distance.
In Rio Rancho, NM, 1% of residents rely on public transportation, 1% commute on foot, 0% use bicycles, and 98% opt for other modes such as cars and ride-sharing.
FAQs
What is the average rating of a community in Rio Rancho?
The average rating is 2/5 stars.
What is the average price for a 1 Bedroom + 1 Bathroom in Rio Rancho?
The average price is $1,170.88.
What is the average price for a 2 Bedrooms + 2 Bathrooms in Rio Rancho?
The average price is $1,512.25.
What is the average price for a Studio + 1 Bathroom in Rio Rancho?
The average price is $1,060.00.
What is the average monthly rent for Rio Rancho?
Based on 2023 city data, the average monthly rent is $1,181.00.
What is the average commute time?
Based on 2017 city data, the average commute is 27.6 mins.