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FHA Eligible Homes in Rio Rancho

Find FHA eligible homes in Rio Rancho, New Mexico. FHA loans offer low down payments, flexible credit requirements, and are perfect for first-time homebuyers.

Showing 393 listings in Rio Rancho. Want to refine your search? Use our Advanced Home Search to filter by price, bedrooms, features, and more.

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The home has been updated with new windows, bringing in plenty of natural light while improving energy efficiency. The garage provides excellent flexibility and can easily be used as an additional room, office, or creative space to fit your needs.Step outside to enjoy a generously sized backyard with convenient backyard access perfect for entertaining, gardening, or simply relaxing. The large driveway offers ample parking space for multiple vehicles.This home combines functionality and comfort, making it a wonderful opportunity in a great Rio Rancho location.

2
BEDS
1
BATHS
840
SQFT
0.2
ACRES

Step into this elegant & spacious home that offers formal dining, 4 spacious bedrooms, 2.5 bathrooms, plus a flexible bonus space ideal for a 5th bedroom or home office. The kitchen features rich knotted alder cabinetry, a convenient breakfast nook, center island, & an expansive walk-in pantry. Thoughtful upgrades throughout include warm wood flooring, solid core doors, hand-troweled walls, & travertine vanity tops that add timeless character. Enjoy outdoor living in the private inner courtyard, perfect for relaxing or entertaining. The backyard is equally inviting with a paver patio, built-in seating, lush grass, mature trees, & mature landscaping. Home backs up to an expansive linear trail with no rear neighbors and features a 4-car tandem garage providing ample storage and parking.

4
BEDS
3
BATHS
3,076
SQFT
0.2
ACRES

Beautiful DR Horton home located in the Astante community at Cabezon. Located close to community parks, shopping, restaurants and schools. Home features - Open and bright kitchen with island that is located off the great room that is great for entertaining and living space. Second living/dining space, upstairs features 2 spacious bedroom plus primary suite and full bath with dual sinks, garden tub and walk in closet. Balcony off of primary bedroom. Backyard features a covered patio and extended concrete. Garage is an oversize garage plus with extra space for the storage and much more.

3
BEDS
3
BATHS
2,229
SQFT
0.13
ACRES

Beautiful custom build on a half-acre with unobstructed mountain and Balloon Fiesta views. Enter through the front courtyard and enjoy large open spaces full of light thanks to 10-12 ft ceilings, skylights, & large rooms with oversized windows. The kitchen features an abundance of cabinet space, granite countertops, bar stool seating, large pantry, and full SS appliance package that stays. Mounted TV's also stay.The primary bedroom has great separation, XL closet, huge walk-in low-profile shower with additional handicap accessible showering space. The enormous backyard is incredible!! Huge covered back patio with lights, fan, and water available. Beautiful garden beds, trees, synthetic grass, walkways, and multiple covered seating areas. Back patio view is amazing!! RV parking.

4
BEDS
3
BATHS
2,821
SQFT
0.5
ACRES

Southwest-style custom home, highly desirable floor plan with a spacious primary suite complete with a large walk-in closet and a well-appointed en-suite bathroom. oversized bonus room/loft ideal for a game room, family room, home office, or study area, open floor plan, natural light, and modern upgrades throughout and chef's kitchen with quartz countertops, large island, stainless steel appliances, gas stove, and abundant cabinetry.

4
BEDS
3
BATHS
3,079
SQFT
0.14
ACRES

Tired of paying rent? Invest in a new home at Rainbow Canyon - Rio Rancho's newest community minutes from shopping. Rainbow Canyon offers ''life-tested'' modern floor plans at an affordable price designed to enhance your evolving lifestyle. The Chimayo is a modern 3 bed 2 bath home with open concept living, granite countertops, and a delightful blend of a large covered patio and welcoming front porch. Experience comfort and style in every corner. Centex plans feature openness and energy-efficiencient designs to boast livability and savings on utility bills! Enjoy a functional kitchen with stainless-steel appliances, including a side-by-side refrigerator, granite countertops, and 15'' x 15'' tile in wet areas.

3
BEDS
2
BATHS
1,264
SQFT
0.1
ACRES

Tired of paying rent? Invest in a new home at Rainbow Canyon - Rio Rancho's newest community minutes from shopping. Rainbow Canyon offers ''life-tested'' modern floor plans at an affordable price designed to enhance your evolving lifestyle. The Chimayo is a modern 3 bed 2 bath home with open concept living, granite countertops, and a delightful blend of a large covered patio and welcoming front porch. Experience comfort and style in every corner. Centex plans feature openness and energy-efficiencient designs to boast livability and savings on utility bills! Enjoy a functional kitchen with stainless-steel appliances, including a side-by-side refrigerator, granite countertops, and 15'' x 15'' tile in wet areas.

3
BEDS
2
BATHS
1,264
SQFT
0.14
ACRES

Welcome to a stunning home where modern design meets comfortable living! With high ceilings and large windows flooding the space with natural light, this property is perfect for both relaxation & entertaining. Imagine hosting gatherings in the spacious eat-in kitchen or enjoying serene evenings on the covered porch overlooking the beautifully turfed backyard. The primary suite is a peaceful retreat, featuring a generous walk-in closet & a luxurious ensuite complete with a walk-in shower. Additional bedrooms also boast walk-in closets, ensuring ample storage. With a finished garage that includes a unique bar area, entertaining friends has never been easier. Located in a friendly neighborhood with open space & walking paths nearby, this turn-key gem is a must-see. Book a showin

4
BEDS
2
BATHS
1,542
SQFT
0.13
ACRES

Lomas Encantadas is the place to be! Miles of walking trails, parks, even a Pickle Ball Court and Dog Park!. With spacious homesites, this home offers a bright open-concept. Owner's suite has a big walk in tile shower with bench seat, & double sinks. Granite countertops contrast with the deep colored wood cabinets and Grey large format tiles throughout. Luxury carpet in bedrooms & family room. Thoughtfully designed for comfort and style, this home includes quality finishes and the peace of mind that comes with builder warranties. ((photos are of Sequoia floorplan, colors & features may vary) Builder offering closing cost assistance OPEN HOUSE EVERY DAY! stop by model to see. Home under construction, completion in early spring! (photos of model home, colors will vary)

3
BEDS
2
BATHS
1,570
SQFT
0.12
ACRES

Fantascular and hard-to-find single level on a cul-de-sac in desirable Loma Colorado! You'll love the model-home luxury of bright freshly painted spaces, remodeled kitchen featuring quartz countertops, country-style sink that opens to a spacious Great Room featuring antique barnwood wall and attractive ceiling beams. Spacious bedrooms, possible 4th BR or, study/office---you choose! Unique front room ideal for gaming, kids Toy Central, TV-media room features sliding barn door. Out back, enjoy the shady gazebo perfect for quiet time with a book, cooking for a crowd, or watching the games on weekends! Quiet and secure cul-de-sac gives you peace of mind with no thru-traffic and you're close to nearby parks, shopping, hike 'n bike trails and Hwy.528. Hurry, call your Realtor today!

3
BEDS
2
BATHS
2,050
SQFT
0.17
ACRES

Elevate your lifestyle in this spacious Rio Rancho retreat, perfectly designed for move-up buyers seeking room to grow. This versatile home features two living areas, an eat-in kitchen with a breakfast bar, and a dedicated office that easily serves as a 4th bedroom. Outdoor enthusiasts will love the oversized 2-car garage--ideal for a shop or toys--plus a backyard shed and dual covered patios. The massive lot with mature trees offers endless potential for a pool or garden. Located in the Rio Rancho Public Schools district, you're minutes from scenic mountain views and recreation at Willow Creek Trailhead. Enjoy the peaceful atmosphere and quality of life that makes this sought-after community a premier New Mexico residential area for your family's next chapter. Move-In Ready!

3
BEDS
2
BATHS
2,096
SQFT
0.39
ACRES

Beautifully maintained Rio Rancho home offering over 2,000 sq ft of thoughtfully designed living space! Features 3 spacious bedrooms, 2.5 baths, and a versatile second living area--perfect for a game room, office, or craft space. Enjoy high ceilings, generous closet storage, fresh interior paint, and brand-new carpet. Major update includes a new furnace (2025). The fully landscaped backyard is enclosed by high walls, creating a private and peaceful outdoor retreat. Ideally located near shopping, dining, and everyday conveniences, this home blends comfort, style, and functionality. Don't miss your chance to own in this sought-after community!

3
BEDS
3
BATHS
2,144
SQFT
0.18
ACRES
$364,540
-7,000$ 04/03

Tired of paying rent? Invest in a new home at Rainbow Canyon - Rio Rancho's newest community minutes from shopping. Rainbow Canyon offers ''life-tested'' modern floor plans at an affordable price designed to enhance your evolving lifestyle. The Cochiti is a modern 4 bed 2 bath home with open concept living, granite countertops, and a delightful blend of a large covered patio and welcoming front porch. Experience comfort and style in every corner. Centex plans feature openness and energy-efficiencient designs to boast livability and savings on utility bills! Enjoy a functional kitchen with stainless-steel appliances, including a side-by-side refrigerator, granite countertops, and 15'' x 15'' tile in wet areas.

4
BEDS
2
BATHS
1,537
SQFT
0.11
ACRES
$364,040
+24,040$ 04/03

Tired of paying rent? Invest in a new home at Rainbow Canyon - Rio Rancho's newest community minutes from shopping. Rainbow Canyon offers ''life-tested'' modern floor plans at an affordable price designed to enhance your evolving lifestyle. The Cochiti is a modern 4 bed 2 bath home with open concept living, granite countertops, and a delightful blend of a large covered patio and welcoming front porch. Experience comfort and style in every corner. Centex plans feature openness and energy-efficiencient designs to boast livability and savings on utility bills! Enjoy a functional kitchen with stainless-steel appliances, including a side-by-side refrigerator, granite countertops, and 15'' x 15'' tile in wet areas.

4
BEDS
2
BATHS
1,537
SQFT
0.11
ACRES
$579,000
-20,000$ 04/02

Welcome to this beautifully maintained 2020 home. Bright, open, and inviting, this home is filled with natural light and is designed for easy living. The spacious layout flows beautifully, creating a warm and airy feel throughout. Large windows showcase the serene backyard views. The private outdoor space offers a peaceful escape. Backyard is fully landscaped with water features and a wood-burning fireplace perfect for a quiet morning or relaxing evening under the New Mexico sunset. It is complete with seamless gutters and extra outdoor outlets for convenience. The open concept living is great for entertaining or family gatherings with thoughtful touches like a pot filler for everyday convenience.

3
BEDS
3
BATHS
2,140
SQFT
0.25
ACRES

Welcome Home to Astante at Cabezon!This move-in-ready townhome features a dual-primary suite layout with walk-in closets and an airy, open floor plan. Highlights include a modern kitchen with stainless steel appliances, durable laminate/tile flooring, and a private courtyard. The backyard is a true retreat with a fire pit, lush trees, and direct access to local walking trails. A perfect blend of style and convenience!

2
BEDS
3
BATHS
1,612
SQFT
0.07
ACRES

Seller is offering $5,000.00 towards buyer closing costs! Discover the perfect blend of tranquility and adventure with this Brand New Clayton Home nestled on a spacious 1 acre lot perfect for multiple use ready for your vision. A community on the rise! Featuring three bedrooms and two bathrooms, an open concept, living room and kitchen island. Lounge cool with refrigerated air. Stunning views of the Sandia Mountains right in your backyard. Home is located just a few minutes from Unser and offers many close by amenities. Schedule a private tour.

3
BEDS
2
BATHS
1,264
SQFT
1
ACRES

Stop worrying about future repairs and start enjoying your new home! This beautifully updated 3-bedroom, 2-bathroom home offers the perfect blend of modern reliability and outdoor freedom. Situated on a generous lot, you have all the room you need for a workshop, garden, or RV parking without the restrictions of an HOA.Major Updates Include: New Evaporative Cooler (2025), New Roof & Septic System (2022), New Flooring, Guest Bathroom Remodeled. This is a ''turn-key'' gem that's ready for you to move in and make it your own.

3
BEDS
2
BATHS
1,273
SQFT
0.28
ACRES

STUNNING 2020 CUSTOM HOME ON HALF ACRE WITH POOL AND OWNED SOLAR! This stunning 4-bed, 4-bath home offers modern luxury with thoughtful design and resort-style living. The spacious open-concept layout features a gourmet kitchen with granite counters, sleek appliances, and a large island that flows seamlessly into the great room with a dramatic fireplace and soaring ceilings accented by dark beams. The primary suite boasts a luxurious bath and generous walk-in closet, while the additional bedrooms provide flexibility for family, guests, or a home office. Outside, enjoy a sparkling pool with waterfall feature, a covered patio, and an expansive backyard with breathtaking views--ideal for entertaining and everyday enjoyment.

4
BEDS
4
BATHS
3,180
SQFT
0.5
ACRES

Exquisite Southwest style Home with modern touches, perfectly set on a private half acre lot in the heart of Rio Rancho close to shopping and schools yet offering a serene tucked away feel. This 3 bed, 2 full bath 1 quarter bath Home features an open floor plan ideal for entertaining or everyday living with high ceilings, tile throughout, and a gas kiva fireplace. The kitchen shines with granite countertops and stainless steel appliances. Enjoy refrigerated air, Owned Solar, updated stucco with warranty, and updated water heater. The spacious primary suite offers a private balcony with breathtaking Sandia Mountain Views! Step outside to your own backyard oasis with a covered patio, large storage shed and beautiful gated side yard access for an RV, boat, or other toys. A Must See!

3
BEDS
3
BATHS
2,102
SQFT
0.5
ACRES

Location, Location! This beautiful, spacious 3/3 Mediterranean home is located just west of Rust hospital! The living, kitchen and dining spaces tie together and are perfect for entertaining. The 1/2 acre property is ready for your vision. The master suite has a large closet, jetted tub and separated sinks. Enjoy Cathedral ceilings, arched doorways and a large statement fireplace.

3
BEDS
3
BATHS
2,196
SQFT
0.5
ACRES

Welcome to this beautifully upgraded single-story home offering the perfect blend of modern style, functionality, and energy efficiency. Featuring 3 spacious bedrooms, 2 bathrooms, and a 2-car garage, this home is designed for comfortable everyday living with thoughtful custom touches throughout. Step inside to discover a bright, open floor plan highlighted by 9' ceilings, recessed LED lighting, and a seamless flow between the great room, dining area, and kitchen--ideal for both entertaining and relaxing. The expansive tiled great room serves as the heart of the home, opening effortlessly to a stunning chef-inspired kitchen complete with a large bar-top island, gorgeous granite countertops, like-new stainless steel appliances, a striking backsplash, and a custom chef's range hood. Enjoy

3
BEDS
2
BATHS
1,714
SQFT
0.13
ACRES

Welcome to this charming home with 4 bedrooms & 2 bathrooms, offering plenty of space for comfortable living. The open floor plan is perfect for entertaining, with a spacious living area that flows seamlessly into the dining space and kitchen. Enjoy modern finishes, including tile and carpet flooring throughout. With a kitchen that showcases spacious granite countertops, Whirlpool(r) appliances, decorative tile backsplash, & a convenient walk-in pantry. Primary bedroom features a walk-in closet and a large walk-in shower. Step outside to your private backyard, ideal for outdoor gatherings & relaxation. Located in a friendly neighborhood with convenient access to local amenities, this home is perfect for families & first-time buyers alike. Don't miss the opportunity--schedule your tour today!

4
BEDS
2
BATHS
1,659
SQFT
0.11
ACRES

Welcome to this like-new home in Rio Rancho! This less-than-one-year-old 1,588 SF 3BR/2BA home offers a bright, open floorplan designed for modern living. The kitchen features a large island, abundant counter space, and an oversized pantry, all flowing seamlessly into the living and dining areas--perfect for entertaining. The spacious primary suite includes a walk-in shower and large walk-in closet. Enjoy year-round comfort with refrigerated air and efficiency with a tankless water heater. A generous laundry room adds convenience, while two additional bedrooms offer flexibility for guests, office, or hobbies. 4.5% VA assumable loan available for VA qualified buyers!

3
BEDS
2
BATHS
1,588
SQFT
0.12
ACRES

Beautifully designed 2 year old, 5 bedroom home in the sought after Mariposa community offering 2,683 sq ft of light filled living. The open concept floorplan features a stunning kitchen with white cabinetry, stainless appliances, and an oversized island that flows seamlessly into the main living area. Tile flooring throughout the main spaces adds a clean, modern feel. The spacious primary suite offers his & her walk-in closets. Step outside to a fully landscaped backyard with covered patio, lush turf, and sweeping views. 3 car garage includes a custom dog washing station and access door to the backyard. Enjoy access to scenic trails, community amenities, indoor and outdoor pools, and the elevated lifestyle Mariposa is known for.

5
BEDS
3
BATHS
2,683
SQFT
0.17
ACRES
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

Southwest MLS Logo Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.