Rio Rancho, NM Housing


21 Reviews



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United States / New Mexico / Albuquerque Metro Area / Sandoval County / Rio Rancho / Zip Codes
Rio Rancho, NM has a median housing value of $310,800, which is lower than the US median housing value of $338,100. Despite this difference in values, the city of Rio Rancho made up ground in the past year with a 13.79% appreciation rate compared to the 8.27% US house appreciation rate over the same period. This increase is encouraging for potential homeowners in Rio Rancho who are looking for an affordable and profitable option when it comes to real estate.

The median home cost in Rio Rancho is $310,800. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Rio Rancho is up 17.1%.

Average Age of Homes
- The median age of Rio Rancho real estate is 21 years old
The Rental Market in Rio Rancho
- Renters make up 20.1% of the Rio Rancho population
- 1.6% of houses and apartments in Rio Rancho, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingRio Rancho, New MexicoUnited States
  38,901.0139,647,020.0
  2442
  $310,800$338,100
  17.1%16.6%
  57.7%57.0%
  77.7%101.1%
  $8.90$10.98
  $1,881$2,690
  75.5%57.4%
  4.1%11.2%
  20.4%31.4%
  Vacant Housing
  1.6%1.9%
  0.2%0.4%
  1.0%0.7%
  0.1%0.4%
  0.6%3.6%
  0.4%4.1%
  Value of Owner-Occupied Housing
  1.1%2.6%
  0.4%2.4%
  0.3%2.8%
  0.8%3.9%
  1.5%4.5%
  14.2%11.3%
  26.5%13.0%
  35.3%20.1%
  12.0%13.6%
  4.6%8.3%
  2.5%9.7%
  0.5%3.9%
  0.1%2.2%
  0.0%0.8%
  0.3%1.1%
  Housing Units by Year Structure Built
  0.3%0.2%
  31.3%13.6%
  31.3%13.6%
  23.8%13.6%
  20.1%13.2%
  9.7%14.8%
  23.8%13.6%
  1.0%10.0%
  0.2%4.7%
  0.1%12.2%
Reviews for Rio Rancho
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susan · King William, VA
Rio Rancho- not that great!
Over 2 years ago

I have lived in the area for the past three years with my husband. Although vastly better than Albuquerque, this is not a safe area. We have had overt and petty crime on  More

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Me · Rio Rancho, NM
As with everything, there are pros and cons
Over 2 years ago

The pros: -Fairly good year-round weather. Sunny days outnumber cloudy days, there are days when the temps fall below freezing and the sun will still be shining. It's  More

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Michael · Albuquerque, NM
Love it
Over 4 years ago

Affordable housing, low crime (compared to Albuquerque), awesome weather with all 4 seasons, beautiful environment and some pretty awesome people. I love Rio Rancho,  More

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