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Suburb
Albuquerque
Rio Rancho
#3 in Best Suburbs to Live in Albuquerque Area
  • A-
    Overall Grade
  • Suburb of Albuquerque, NM
  • 245 reviews
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    Rio Rancho Real Estate Market

    Housing
    B
    Based on home values, property taxes, housing costs, local schools, and more.
    Area Feel
    Rural
    Rent vs. Own
    • Rent
      23%
    • Own
      77%
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    Homes for Sale

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    Real Estate Costs

    Median Home Value
    $184,600
    National
    $184,700
    Home Values
    • <$50k
      2%
    • $50-$99k
      6%
    • $100-$199k
      50%
    • $200-$399k
      37%
    • $400-$749k
      5%
    • $750k+
      1%
    Median Rent
    $1,106
    National
    $949
    Monthly Rent
    • <$500
      2%
    • $500-$999
      35%
    • $1,000-$1,499
      47%
    • $1,500-$1,999
      14%
    • $2,000+
      2%
    33%
    of residents say housing is affordable.42 responses

    Home Quality

    Poll
    45%
    of residents say the exterior quality of homes is good or excellent.42 responses
    Poll
    48%
    of residents say the interior quality of homes is good or excellent.42 responses
    33%
    of residents say there is a good variety of homes.42 responses
    68%
    of residents say there are a few vacant or abandoned properties here and there.41 responses
    52%
    of residents say that parking is readily available.42 responses
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    Homes in Rio Rancho have a median value of $184,600. The median rent price in Rio Rancho is $1,106 and most residents own their homes. Rio Rancho is walkable, and there are a lot of parks nearby.
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