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128 Pet Friendly Apartments for rent in Rio Rancho, NM

Last updated January 19 at 12:47pm UTC
The Links at High Resort
201 Pinnacle Dr SE
Rio Rancho, NM
Updated January 19 at 5:26am UTC
1 Bedroom
$884
2 Bedrooms
$1,085
3 Bedrooms
$1,337
3157 Calle Sueno SE
Rio Rancho
Rio Rancho, NM
Updated January 19 at 10:56am UTC
3 Bedrooms
$1,250
4700 Whippet Ct NE
Enchanted Hills
Rio Rancho, NM
Updated January 19 at 10:56am UTC
2 Bedrooms
$895
1351-E Rio Rancho Dr SE
Rio Rancho
Rio Rancho, NM
Updated January 19 at 10:56am UTC
1 Bedroom
$750
1373 Lil Ave NE
North Hills
Rio Rancho, NM
Updated January 19 at 10:56am UTC
2 Bedrooms
$925
1425 Reynosa Loop SE
Cabezon
Rio Rancho, NM
Updated January 19 at 10:56am UTC
4 Bedrooms
$1,375
581 Littler Dr SE
Panorama Heights West
Rio Rancho, NM
Updated January 19 at 10:56am UTC
3 Bedrooms
$1,100
121 Los Miradores Drive NE
Loma Colorado
Rio Rancho, NM
Updated January 19 at 10:56am UTC
6 Bedrooms
$2,800
1452 Jemez Loop Dr
Northern Meadows
Rio Rancho, NM
Updated January 19 at 10:56am UTC
3 Bedrooms
$1,300
4031 Oasis Springs Rd NE
Northern Meadows
Rio Rancho, NM
Updated January 19 at 10:56am UTC
3 Bedrooms
$1,325
3305 May Circle
Rio Rancho
Rio Rancho, NM
Updated January 19 at 10:56am UTC
2 Bedrooms
$1,100
3213 Cochiti Street NE
Northern Meadows
Rio Rancho, NM
Updated January 19 at 10:56am UTC
3 Bedrooms
$1,325
412 Loma Linda Loop NE
Loma Colorado
Rio Rancho, NM
Updated January 19 at 10:56am UTC
4 Bedrooms
$1,500
3532 Lavender Meadows Dr NE
Northern Meadows
Rio Rancho, NM
Updated January 19 at 10:56am UTC
3 Bedrooms
$1,300
933 Country Club Drive SE #F
Rio Rancho
Rio Rancho, NM
Updated January 19 at 10:56am UTC
2 Bedrooms
$825
1008 Waterfall Drive NE
Northern Meadows
Rio Rancho, NM
Updated January 19 at 10:56am UTC
3 Bedrooms
$1,250
903-E Country Club Dr SE
Rio Rancho
Rio Rancho, NM
Updated January 19 at 10:55am UTC
2 Bedrooms
$800
3754 Desert Pinon Dr. NE
Northern Meadows
Rio Rancho, NM
Updated January 19 at 10:55am UTC
4 Bedrooms
$1,295
5425 Caballo Ct NE
Enchanted Hills
Rio Rancho, NM
Updated January 19 at 8:36am UTC
3 Bedrooms
$1,195
3105 Solano Meadows Dr NE
Northern Meadows
Rio Rancho, NM
Updated January 19 at 8:36am UTC
3 Bedrooms
$1,095
5200 Clovis Ct NE
Enchanted Hills
Rio Rancho, NM
Updated January 19 at 8:36am UTC
4 Bedrooms
$1,595
1420 Montiano Loop Southeast
Cabezon
Rio Rancho, NM
Updated January 19 at 12:47pm UTC
4 Bedrooms
$1,495
3311 Flat Iron Road Northeast
Northern Meadows
Rio Rancho, NM
Updated January 19 at 12:47pm UTC
3 Bedrooms
$1,250

January 2019 Rio Rancho Rent Report

Welcome to the January 2019 Rio Rancho Rent Report. Rio Rancho rents declined over the past month. In this report, we'll evaluate trends in the Rio Rancho rental market, including comparisons to similar cities nationwide.

View full Rio Rancho Rent Report
Rent Report
Rio Rancho

January 2019 Rio Rancho Rent Report

Welcome to the January 2019 Rio Rancho Rent Report. Rio Rancho rents declined over the past month. In this report, we'll evaluate trends in the Rio Rancho rental market, including comparisons to similar cities nationwide.

Rio Rancho rents decline sharply over the past month

Rio Rancho rents have declined 7.3% over the past month, and are down sharply by 5.4% in comparison to the same time last year. Currently, median rents in Rio Rancho stand at $840 for a one-bedroom apartment and $1,030 for a two-bedroom. This is the third straight month that the city has seen rent decreases after an increase in September. Rio Rancho's year-over-year rent growth lags the state average of 1.0%, as well as the national average of 0.9%.

Rio Rancho rents more affordable than many large cities nationwide

As rents have fallen sharply in Rio Rancho, many large cities nationwide have seen prices increase, in some cases substantially. Rio Rancho is also more affordable than most large cities across the country.

  • Rio Rancho's median two-bedroom rent of $1,030 is below the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 5.4% decline in Rio Rancho.
  • While rents in Rio Rancho fell sharply over the past year, many cities nationwide saw increases, including Phoenix (+3.3%), New York (+2.7%), and Denver (+2.5%).
  • Renters will find more reasonable prices in Rio Rancho than most large cities. For example, San Francisco has a median 2BR rent of $3,090, which is more than three times the price in Rio Rancho.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.