Homes Under $200K in Rio Rancho
Find affordable homes under $200,000 in Rio Rancho, New Mexico. These budget-friendly properties offer great value for first-time buyers, investors, and anyone looking for an affordable entry into the market.
Showing 5 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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Don't miss this fully renovated townhome in the heart of Golden West 55+ community. Every detail has been addressed -- new TPO roof, thermal double-pane windows, fresh paint, new baseboards, vinyl flooring, updated hardware, and modernized electrical & plumbing fixtures. The kitchen shines with stainless steel appliances, making this one truly move-in ready. Nestled in a prime walkable location, your steps from shopping, grocery stores, and banks -- convenience at your doorstep. This is the one you've been waiting for. Schedule your showing today!
Welcome to this move-in ready 2-bedroom, 2-bath condo in Country Club Villas at Rio Rancho, AKA The Greens. This bright and cozy home features a great layout and has open lawn space off the patio. Recent updates include fresh interior paint, brand-new carpet, new dishwasher, new disposal, and new faucets. There is also a detached 1-car garage with extra space for storage. HOA covers heating and cooling units, the water heater, building and grounds maintenance. This is a desirable community with a great location close to shopping, dining, and everyday conveniences. NOT ELIGIBLE for Conventional Conforming (Fannie Mae and Freddie Mac) FHA, or VA financing. CASH ONLY, or buyers may be able to work with a lender that offers a non-warrantable condo loan program.
Welcome to this charming condo in The Greens, ideally located in central Rio Rancho near Southern Blvd and Sara Rd/Country Club Dr. This two-bedroom, two-bath home features a spacious open-concept layout connecting the living, dining, and kitchen areas--perfect for comfortable living and entertaining. The large kitchen offers room for an island and includes a generous pantry for extra storage. Step onto the private patio off the living room and enjoy peaceful views of the landscaped grounds and mountain views. The condo association maintains HVAC, water heater, plumbing, electrical, and the exterior, providing convenient, low-maintenance living. This is a no pet property.
Welcome to comfortable living in the heart of Rio Rancho! Conveniently located 2 bed, 2 bath condo offering easy access to shopping, dining, and everyday amenities. This 1,100 sq ft home is a blank slate ready for your personal touch--create the space you've been dreaming of! Enjoy low-maintenance living with just the right amount of space--no long weekends spent cleaning, just more time doing what you love. Perfect for those seeking simplicity, efficiency, and comfort. Why rent when you can own for less and start building equity? Don't miss this opportunity--schedule your showing today !
This double-wide manufactured home sits on a spacious 1-acre lot in Rio Rancho and offers a great opportunity for homeowners or investors alike. The home is set on a permanent foundation and provides a comfortable layout with plenty of space inside and out. The full acre offers room for additional improvements, outdoor living, storage, or future projects, giving the property flexibility and long-term potential. Owner financing available, making this an accessible purchase option and a strong investment opportunity in a growing area of Rio Rancho.
Daria Derebera
Real Estate Broker in Albuquerque, NM
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