2026 Affordability Data
Most Affordable Neighborhoods in Rio Rancho - 2026 Data
The median home value in Rio Rancho is $246,700, 12% below nat'l avg. Median rent is $714/month. With an affordability index of 136, Rio Rancho is more affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Rio Rancho, NM area.
Key Takeaways: Affordability in Rio Rancho
- 1The most affordable neighborhood in Rio Rancho is Clovis, with a median home value of $148,400.
- 2Rio Rancho's median home value is $246,700, 12% below nat'l avg (national: $281,900).
- 3Rio Rancho's affordability index is 136 (baseline 100), making it more affordable than the national average.
- 4Median rent in Rio Rancho is $714/month, 39% below nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Rio Rancho to find the most affordable areas based on home values, rent, and affordability index.
Rio Rancho Affordability Overview
Median Home Value
$246,700
12% below nat'l avg
Median Rent
$714/mo
39% below nat'l avg
Median Income
$78,978
6% above nat'l avg
Affordability Index
136
36% above nat'l avg
Most Affordable Neighborhoods in Rio Rancho (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | ClovisNM | $148,400 |
| 2 | EspañolaNM | $188,100 |
| 3 | BernalilloNM | $213,000 |
| 4 | GallupNM | $143,500 |
| 5 | GrantsNM | $137,100 |
| 6 | PortalesNM | $124,000 |
| 7 | Las CrucesNM | $197,200 |
| 8 | DemingNM | $101,900 |
| 9 | LovingtonNM | $151,000 |
| 10 | HobbsNM | $165,000 |
| 11 | Las VegasNM | $131,500 |
| 12 | Los Lunas villageNM | $212,600 |
| 13 | Silver CityNM | $150,100 |
| 14 | Sunland ParkNM | $175,200 |
| 15 | AlamogordoNM | $148,500 |
Detailed Neighborhood Profiles
Home Value: $148,400
Rent: $714/mo
Affordability: 136
Population: 38,453
Walk Score: 0/100
Home Value: $188,100
Rent: $714/mo
Affordability: 136
Population: 10,473
Walk Score: 0/100
Home Value: $213,000
Rent: $714/mo
Affordability: 136
Population: 9,286
Walk Score: 0/100
4
Home Value: $143,500
Rent: $714/mo
Affordability: 136
Population: 21,672
Walk Score: 0/100
5
Home Value: $137,100
Rent: $714/mo
Affordability: 136
Population: 9,177
Walk Score: 0/100
6
Home Value: $124,000
Rent: $714/mo
Affordability: 136
Population: 12,085
Walk Score: 0/100
7
Home Value: $197,200
Rent: $714/mo
Affordability: 136
Population: 111,273
Walk Score: 0/100
8
Home Value: $101,900
Rent: $714/mo
Affordability: 136
Population: 14,756
Walk Score: 0/100
9
Home Value: $151,000
Rent: $714/mo
Affordability: 136
Population: 11,495
Walk Score: 0/100
10
Home Value: $165,000
Rent: $714/mo
Affordability: 136
Population: 39,782
Walk Score: 0/100
11
Home Value: $131,500
Rent: $714/mo
Affordability: 136
Population: 13,194
Walk Score: 0/100
12
Home Value: $212,600
Rent: $714/mo
Affordability: 136
Population: 17,452
Walk Score: 0/100
13
Home Value: $150,100
Rent: $714/mo
Affordability: 136
Population: 9,650
Walk Score: 0/100
14
Home Value: $175,200
Rent: $714/mo
Affordability: 136
Population: 16,773
Walk Score: 0/100
15
Home Value: $148,500
Rent: $714/mo
Affordability: 136
Population: 30,996
Walk Score: 0/100
Frequently Asked Questions About Affordability in Rio Rancho
What is the most affordable neighborhood in Rio Rancho, NM?▾
Based on 2026 data, Clovis is the most affordable neighborhood in Rio Rancho with a median home value of $148,400. Kurby analyzed 15 neighborhoods in the Rio Rancho area to compile these rankings.
What is the median home price in Rio Rancho, NM?▾
The median home price in Rio Rancho is $246,700, which is 12% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Rio Rancho affordable compared to the national average?▾
Rio Rancho has an affordability index of 136, which means housing is more affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Rio Rancho, NM?▾
The median monthly rent in Rio Rancho is $714. This is 39% below nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Rio Rancho?▾
The median household income in Rio Rancho is $78,978 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Rio Rancho are below the national average home price?▾
15 out of 15 ranked neighborhoods in Rio Rancho have a median home value below the national average of $281,900. The most affordable is Clovis at $148,400 (Source: Kurby, 2026).