Rio Rancho's first residents arrived in the mid-1960s seeking what was advertised as 360 sunny days a year and affordable housing. Incorporated in 1981, Rio Rancho is the third-largest city in New Mexico and its fastest growing. It often pops up on those "Best Places to Live" stories and for good reason. The top-notch schools, safe neighborhoods, great climate, and being noted as an inexpensive place to start a family have turned Rio Rancho into a desirable place to live.