Housing & Real Estate — Rio Rancho, New Mexico

Overview

Total Housing Units40,640
Occupied39,192
Vacant1,448
Owner-Occupied32,232
Renter-Occupied6,960
Median Home Value (Census)$310,200
Estimated 2026~$340,000
Median Rent$1,481/mo
Median Property Tax$2,293/yr

Affordability

Home Price to Income RatioN/Ax
Home AffordabilityN/A
Rent as % of IncomeN/A%
Severely Rent-Burdened42.1%

Housing Age

Built 2010 or later8,021
Built 2000-200913,139
Built 1990-19997,508
Built before 1960763
Median Year Built1998
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.