Studio Condos for Rent in Rio Rancho, NM

/35
$1,643 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

2608 American Rd NW, Rio Rancho, NM 87124
Explore Rio Rancho
/35
$1,645 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.

2221 Rio Rancho Blvd SE, Rio Rancho, NM 87124

New Mexico Sandoval County

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 $1,500 per month, though prices vary by neighborhood, size, and property type. As of August 2026, townhouses tend to be the most affordable option while condos 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 $90,000 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 $2,250 per month in Rio Rancho, NM, renters typically need to show $6,750 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 14.6, 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

There are currently 2 condos available for rent in Rio Rancho, NM. The median rent is $1,500 per month, with 2-bedroom condos at $1,500.

Rental Home Trends

Number of Condos for Rent 2	Median Condo Rent $1,500
Median 2 Bedroom Condo Rent $1,500

How to Rent a Home

Condos for Rent by Price in Rio Rancho

Rentals in Rio Rancho

Condos for Rent by Bedrooms in Rio Rancho

More About Living in Rio Rancho

Condos for Rent in Nearby Cities

Albuquerque Condos for Rent

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