Fab towns / Rio Rancho, NM / Where to live and housing costs

Where to live near Rio Rancho, and what it costs

Rio Rancho is far cheaper than Hillsboro or Malta. Rent sources disagree widely.

$364K to $389KHome price range, town level
$377KMiddle of that range
Home prices around Rio Rancho
Rio Rancho, Zillow value (Jul 2026)
$364.2K
Rio Rancho, Resideline median close (Aug 2026)
$385K
Rio Rancho, Redfin median sale, 3 months
$389K
Albuquerque metro, median price
$387.5K

Home prices around Rio Rancho, in thousands of dollars. Methods differ by source.

Towns people look at
  • Rio Rancho. Where the fab is. Typical prices cluster around $364,000 to $389,000.
  • Albuquerque. The metro median is about $387,500, so buyers pick by commute and neighborhood, not by price.
Rent

Zillow lists average Rio Rancho rent at $1,875. A cost-of-living comparison site gives $1,407 for Rio Rancho and $1,031 for Albuquerque, using a different method. We cannot reconcile the two.

Older pages show a Rio Rancho median near $273,000. Those are out of date.
Sources (4)