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Advertise here →Rio Rancho, NM · Market Data
Rio Rancho, New Mexico real estate market data.
Real estate market data for Rio Rancho, NM (Sandoval County) — Census median home value $273,300, county listing prices roughly flat over the past year.
Rio Rancho, NM is in Sandoval County, New Mexico — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 106,533, with a median household income of $85,755. Census data puts Rio Rancho's median home value at $273,300 (all owner-occupied homes); Sandoval County's current median listing price runs $463,099, roughly flat over the past year.
At a glance
Rio Rancho market snapshot
Population
106,533
Median Household Income
$85,755
Median Home Value (city)
$273,300
Median Listing Price (Sandoval County)
$463,099
Median Gross Rent
$1,481/mo
Price Trend (YoY)
-0.4%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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What makes Rio Rancho different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Rio Rancho's median home value — across all owner-occupied homes, not just recent sales — at $273,300. Separately, Sandoval County's current median listing price (via Realtor.com data, 2026-06-01) runs $463,099. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Sandoval County's FHFA house price index shows a 2.01% annual change in 2025.
Population & Income
Rio Rancho has an estimated population of 106,533 and a median household income of $85,755, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Rio Rancho's Census-reported median home value works out to about 3.2x the area's median household income, and median gross rent runs roughly 21% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Rio Rancho FAQ
What are home values like in Rio Rancho, NM?
The Census Bureau's American Community Survey puts Rio Rancho's median home value at $273,300. Sandoval County's current median listing price runs $463,099, roughly flat over the past year.
What is the population of Rio Rancho, NM?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Rio Rancho's population at approximately 106,533.
What's the median rent in Rio Rancho, NM?
The Census ACS estimates median gross rent in Rio Rancho at approximately $1,481 per month.
What is the median household income in Rio Rancho, NM?
Census ACS data puts the median household income in Rio Rancho at approximately $85,755.
Is the Rio Rancho housing market growing?
Sandoval County's FHFA house price index shows a 2.01% annual change in 2025.
Is Rio Rancho, NM affordable relative to income?
Census ACS data puts Rio Rancho's median home value at about 3.2 times the median household income, with median gross rent equal to roughly 21% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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