Sandoval County

Real Estate in Rio Rancho, NM

Ready to move to Rio Rancho , NM? Click below to learn more about recent housing trends, average home values and other real estate insights .

Real Estate Overview

So you want to move to Rio Rancho , NM, but aren’t sure if you can afford the housing costs? Here’s what you need to know: The median home price in Rio Rancho is $173,100, while the median rent for a one bedroom apartment is $1071 . The median salary in Rio Rancho , NM, is $60,893, and depending on how yours compares, it should help you determine which housing option is best for you.

Property Values in Rio Rancho , NM

  $1,000,000 or More 0.1%
  $50k to $99k 6.6%
  $100k to $149k 23%
  $200k to $299k 25.7%
  $300k to $499k 9%
  $500k to $999k 1.7%
  Less than $50k 3.1%

$173100
Median Home Price
in Rio Rancho , NM

Monthly Rent in Rio Rancho , NM

Property Tax (with Mortgage) in Rio Rancho , NM

$1.5k to $2k 22.5%
$1k to $1.5k 40%
$2.5k to $3k 3%
$2k to $2.5k 9.7%
Property Tax $3k or more 1.8%
$500 to $999 21.5%

$1303
Median Property Tax
in Rio Rancho , NM

Property Tax (without Mortgage) in Rio Rancho , NM

$1k or More 1%
$250 to $399 45.7%
$400 to $599 30.9%
$600 to $799 8.1%
$800 to $999 1.2%
Less than $250 13%
Property Tax Less $0.5k 1.4%

$173100
Median Propery Value
in Rio Rancho , NM

$1071
Median Rent
in Rio Rancho , NM