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Rio Rancho, NM

Located within New Mexico, United States, the city of Rio Rancho is situated in the Albuquerque metropolitan area.

Rio Rancho is especially quiet overall, as there isn't a lot of street noise or city clamor. It is very difficult to reach public green spaces in the city since they are distributed sparsely. Despite that, there are around 10 parks close by for residents to explore.

The housing stock of Rio Rancho is composed predominantly of single detached homes and townhouses. This city also has quite a good choice of housing size options - properties range from lofts to four or more bedrooms. Roughly 80% of the dwellings in the city are occupied by home owners and 20% are rented. The buildings in this part of the Albuquerque metropolitan area are very new, because about one third of its buildings were constructed since the year 2000, while many of the remaining buildings were built in the 1960s and the 1980s.

In all but a very small number of cases, a car is needed purchase groceries in one of around 20 stores. In terms of education, it can be very hard to access high schools and primary schools as a pedestrian from houses for sale in this city. Apart from public schools, there are private elementary and secondary schools.

A car is an excellent means of transportation in Rio Rancho. It is very easy to access a parking spot. On the other hand, a majority of the homes for sale in this city are located in places that are not very suitable for walking because almost no daily errands can be run without the use of a vehicle.

Real Estate

Homes on Market

421

Median List Price

$224,900

Median List Price per sqft

$113

Homes with Negative Equity

23.37%
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