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Rio Rancho, NM
Full City Profile · New Mexico · Bernalillo County County
3.5
/5.0
B+
Good
106,533
Population
1,031/sq mi density
$85,755
Median Income
$39,161 per capita
$273,300
Home Value
$356,585 Zillow
$1,481
Median Rent
31.0% income on rent
57°F
Avg Temperature
349 sunny days/yr
190
Violent Crime/100K
1,484 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$85,755 median income, 3.0% unemployment
A+
Affordability
4.9 / 5.0
$273,300 home value, $1,481/mo rent
F
Safety
1.0 / 5.0
190 violent crimes/100K
B+
Education
3.7 / 5.0
33.6% bachelor's degree or higher
Housing Overview
Median Home Value
$273,300
3% below
US avg: $281,900
Median Rent
$1,481/mo
27% above
US avg: $1,163/mo
Homeownership Rate
82.2%
26% above US avg (65.4%)
Total Housing Units
39,680
Median year built: 1998
Home Value by Source
Census Median
$273,300
Zillow (ZHVI)
$356,585
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
82.2%
Owner-Occupied
17.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$828/mo
1 Bedroom
$927/mo
2 Bedroom
$1,129/mo
3 Bedroom
$1,496/mo
4 Bedroom
$1,758/mo
Census median rent:
$1,481/mo
· Zillow rent:
$1,902/mo
Affordability & Housing Stock
Rent Burden
31.0%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1998
Average age of housing stock: 28 years
Homeownership Rate
82.2%
Complete Housing Data
Home Values
| Census Median Value | $273,300 |
| Zillow Home Value (ZHVI) | $356,585 |
Rent
| Census Median Rent | $1,481 |
| Zillow Rent (ZORI) | $1,902 |
| FMR Studio | $828 |
| FMR 1-Bedroom | $927 |
| FMR 2-Bedroom | $1,129 |
| FMR 3-Bedroom | $1,496 |
| FMR 4-Bedroom | $1,758 |
Market
Ownership & Stock
| Owner-Occupied | 82.2% |
| Renter-Occupied | 17.8% |
| Homeownership Rate | 82.2% |
| Total Housing Units | 39,680 |
| Median Year Built | 1998 |
| Rent Burden | 31.0% |