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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.

Convenient lower-level condominium featuring two bedrooms, including a primary suite with a 3/4 bathroom and shower. A full bathroom includes a stacked washer and dryer. The bright living area offers sliding patio doors that open to a grassy common area and community pool. The dining area includes a pantry, and the kitchen is equipped with all appliances. Additional features include refrigerated air, low-maintenance living, a storage room located off the patio, a covered parking space, and community pool. The property is set within well-maintained grounds and is conveniently located near shopping, restaurants and Rust Medical Center.

2
BEDS
2
BATHS
1,045
SQFT

Step inside this inviting 55+ condo where fresh paint and brand-new carpet create a bright, welcoming start to your tour. The kitchen features clean stainless appliances and seamless flow into the living and dining areas. Continue out to the comfortable covered patio--perfect for morning coffee or evening relaxation. The HOA maintains the building exterior, offering low-maintenance living so you can enjoy your time and surroundings with ease.

2
BEDS
2
BATHS
1,140
SQFT
0.01
ACRES

Welcome home to this quiet, move-in ready upstairs condo offering 2 bedrooms and 2 baths in the desirable Fairways community. The spacious primary suite features a private 3/4 bath with an oversized walk-in shower. A full guest bath includes a convenient stacked washer and dryer. Recent Updates include newer flooring, windows, sliding patio door, and a 2024 hot water heater. Enjoy peaceful views from your private balcony with a large storage room for added convenience. Community amenities include reserved covered parking, a sparkling pool, exterior maintenance, and beautifully landscaped grounds--all in a prime Rio Rancho location. Yes, Small pets allowed. Schedule your showing today!

2
BEDS
2
BATHS
1,125
SQFT

Spacious, loaded with storage. Association supplies a one car garage for assigned parking. New carpet and flooring in hall bath, kitchen and entry. New Paint throughout. Ready to move in. Large living room open to dining area. Covered Balcony w/storage room. Upgraded vinal windows and sliding door to balcony. Large primary BR with dressing area and walk in closet. Primary bathroom has upgraded walk in shower. 2nd BR has walk in closet also. Association covers hot water heater, furnace and evap. cooler, plumbing and electric wiring in walls. NO PET PROPERTY

2
BEDS
2
BATHS
1,156
SQFT
0.02
ACRES

Perfect home for a first-time buyer or an investor as the HOA is responsible for your high ticket items like the roof, windows, furnace, cooling, water heater, and stucco. Private condo on upper level with lovely balcony overlooking open space. Mountain views from the primary suite. Two large bedrooms with walk-in closets. Freshly painted with newer carpet. New plank flooring in primary bath. Unique bar between dining area and kitchen for sophisticated entertaining! Washer and dryer convey with the home. Storage off the balcony. Clubhouse is available for events and parties. Condo also has one car garage with painted floor across from unit. Rio Rancho just approved a new walking mall close by. Seller financing available. Call listing broker for details

2
BEDS
2
BATHS
1,156
SQFT
0.02
ACRES
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

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