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Rio Rancho, NM Condos for Rent

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  • /35

    $1,260 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Albuquerque - Rio Rancho

    2608 American Rd NW, Rio Rancho, NM 87124

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Albuquerque - Rio Rancho

    (505) 365-6714

    2608 American Rd NW, Rio Rancho, NM 87124
  • /35

    $1,708 Per Month

    • Studio
    • 1 Bath
    • 300 Sq Ft
    • Furnished Studio-Albuquerque - Rio Rancho Blvd.

    2221 Rio Rancho Blvd SE, Rio Rancho, NM 87124

    Enjoy a fully furnished studio suite in our hotel at an affordable rate with free wi-fi, free utilities and free premium cable. Each studio suite has a full kitchen with full-size refrigerator, stovetop and microwave, and has a flexible workspace and plenty of storage. All our hotels are pet-friendly and have on-site guest laundry available. Plus, there are no long-term commitments and you can

    Furnished Studio-Albuquerque - Rio Rancho Blvd.

    (505) 626-0060

    2221 Rio Rancho Blvd SE, Rio Rancho, NM 87124
  • /20

    $1,800 Per Month

    • 3 Beds
    • 2 Baths
    • 1,266 Sq Ft
    • Condo for Rent

    3305 Tin Cup Rd NE, Rio Rancho, NM 87144

    Discover the perfect rental opportunity in Northern Meadows, Rio Rancho, NM. This inviting property offers a comfortable living space that is ideal for anyone seeking a peaceful community with convenient access to local amenities. Enjoy proximity to an array of department stores, delightful dining options, and outdoor spaces like King Meadows Park, making it easy to blend relaxation with active

    (928) 323-0305

    3305 Tin Cup Rd NE, Rio Rancho, NM 87144
  • /10

    $1,450

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,173 Sq Ft
    • Condo for Rent

    4217 Ridgeway Ct Unit A, Rio Rancho, NM 87124

    This property at 4217 Ridgeway Ct features 3 bedrooms and 2 bathrooms. The living room offers a comfortable area for relaxation and includes a fireplace for added warmth. The kitchen is equipped with a dishwasher and provides convenient access to the dining area. Each bedroom is designed for functionality, with ample space for furniture. The bathrooms are well-appointed, ensuring essential

    4217 Ridgeway Ct Unit A, Rio Rancho, NM 87124
  • /27

    $2,195 Per Month

    • 4 Beds
    • 2 Baths
    • 1,686 Sq Ft
    • Wonderful, Newer 4 BR Home in Cleveland Heights!

    4143 Summit Park Rd NE, Rio Rancho, NM 87144

    Located right behind Cleveland High School, near Rio Rancho City Hall and Sandoval Regional Medical Center, this home is in a newer subdivision and really shines! 4 bedrooms to accommodate more people, or to provide a separate office plus 3 bedrooms. The large Primary Suite is in the rear of the home, with a modern bathroom. The other 3 bedrooms are in the front section, on the other side of the

    4143 Summit Park Rd NE, Rio Rancho, NM 87144
  • /10

    $1,250 Per Month

    • 2 Beds
    • 1 Bath
    • 820 Sq Ft
    • Condo for Rent

    1011 Meadowlark Ct SE Unit MEADOWLARK #2, Rio Rancho, NM 87124

    1011 Meadowlark Ct SE Unit MEADOWLARK #2, Rio Rancho, NM 87124
  • /17

    $1,600 Per Month

    • 2 Beds
    • 2 Baths
    • 1,045 Sq Ft
    • AFFORDABLE!!!

    925 Country Club Dr SE, Rio Rancho, NM 87124

    Discover this ground-floor 2-bedroom, 2-bath home in Rio Rancho, NM. The layout includes ceiling fans throughout and an ice-cold refrigerated AC for comfortable indoor temperatures. Step outside to a covered patio overlooking green common areas, and enjoy access to a community pool. Convenience features include covered parking and an in-unit washer and dryer. Practical and well-located, this

    925 Country Club Dr SE, Rio Rancho, NM 87124
  • /18

    $1,195 Per Month

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • 2BR/1Bath - 4 Plex in Rio Rancho

    619 Vancouver Rd SE, Rio Rancho, NM 87124

    VIEWINGS - please register with Rentlycom. We show our properties with an automated lockbox system. For full details on this property, please visit our website at Kellogg Agency.4 Plex in Rio Rancho. 2 Bedroom/1 Bath. Open floor plan. Living with ceiling fan. Dining area off kitchen. Kitchen includes refrigerator, gas stove, dishwasher and disposal. Master bedroom with walk-in closet and

    619 Vancouver Rd SE, Rio Rancho, NM 87124
  • /20

    $1,895 Per Month

    • 3 Beds
    • 2 Baths
    • 1,685 Sq Ft
    • 3BR/2Living in Enchanted Hills!

    5519 Fence Lake Dr NE, Rio Rancho, NM 87144

    VIEWINGS - please register with Rentlycom. We show our properties with an automated lockbox system. For full details on this property, please visit our website at Kellogg Agency.Great 3 bedroom home in the convientely located Enchanted Hills Subdivision. Easy commute to anywhere in Rio Rancho, Santa Fe or Albuquerque. Open floor plan, front living room/dining area, family room w/gas log

    5519 Fence Lake Dr NE, Rio Rancho, NM 87144

Frequently Asked Questions

How much does it cost to rent a condo in Rio Rancho, NM?
The median rent for a condo in Rio Rancho, NM is $1,475 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Rio Rancho, NM?
To comfortably afford the median rent in Rio Rancho, NM, a household needs to earn roughly $90,400 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,260 per month in Rio Rancho, NM, renters typically need to show $6,780 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Rio Rancho, NM?
In Rio Rancho, NM, the price-to-rent ratio is 14.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Condo Rental Trends in Rio Rancho, NM

Rental Home Trends

Number of Condos for Rent
9
Median Condo Rent
$1,475
Median 2 Bedroom Condo Rent
$1,500
Median 3 Bedroom Condo Rent
$1,450
How to Rent a Home