Is Rio Rancho, NM a good place to invest in rental property?

Rio Rancho, NM has a median modeled monthly cash flow of $-963 and a median cap rate of 3.6%, on a median sold price of $350,000. Prices changed -1.4% year over year.

What is the average cap rate in Rio Rancho, NM?

The median cap rate across recently sold homes in Rio Rancho, NM is 3.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Rio Rancho, NM?

The median sold price in Rio Rancho, NM is $350,000 (about $214 per square foot).

Investing in Rio Rancho, NM Real Estate

A data-driven snapshot of the Rio Rancho, NM rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$350,000Median sold price

$214Median $/sqft

3.6%Median cap rate

$-963Modeled cash flow / mo

-1.4%Appreciation YoY

8.3Months of supply

1,118Active listings

1,618Sold (last 12 mo)

What the Rio Rancho numbers say

In Rio Rancho, NM, the median home sold for $350,000 (about $214 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-963 of monthly cash flow. Sold prices moved -1.4% over the past year. Inventory sits at about 8.3 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other New Mexico markets to compare

See Rio Rancho cash-flowing listings

CashFlowRE ranks every for-sale home in Rio Rancho, NM by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Rio Rancho deals, or browse the national market data.