Homes Under $300K in Rio Rancho
Find affordable homes under $300,000 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 29 listings in Rio Rancho.
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This inviting Rio Rancho home offers a comfortable blend of functionality, style, and everyday living. The thoughtfully designed floor plan provides inviting living spaces, well appointed bedrooms, and plenty of room to relax or entertain. Enjoy the convenience of an established neighborhood with easy access to shopping, dining, schools, parks, and major roadways. Whether you're looking for your first home, a place to put down roots, or an investment opportunity, this property is ready to welcome its next owner.
Great Home, Corner lot! 2 Bedroom (possible 3) 2 Bathroom. Seller has put some $$$ in this home. New Furnace 2025, New Water Heater in 2020,TPO Roof in 2020 and NO POLYBUTYLENE as of 2020. This home is just waiting for you to put your touch on it. Come take a look.
1357 Rio Rancho Boulevard SE APT D, Rio Rancho
This charming 3 bedroom 2 bath condo is located in the Golden West 55+ Community in Rio Rancho. Close to shopping, medical facilities and everyday amenities. Wonderful open floor plan with vaulted ceilings and exposed beams. Kitchen flows seamlessly into dining room and living areas. Spacious primary bedroom with en suite bath. Washer and dryer located in unit. Refrigerated air, roof replaced in 2018, water heater replaced in 2026 and newer windows. The community club house features a workout room and library and offers a space for gatherings. HOA covers stucco, landscaping, clubhouse, water, sewer and trash.
Enjoy beautiful Sandia Mountain views and room to spread out at this 2-bedroom, 1-bath Rio Rancho home. The spacious lot offers no rear neighbor and plenty of opportunity to create your own outdoor retreat with landscaping, gardening, or space to relax and entertain. A one-car garage provides convenient parking or additional storage. Updates include redone plumbing, refrigerated air, new cabinets, and new carpet in the bedrooms, plus a roof approximately five years old. Move in, add your personal touches, and make the most of the generous outdoor space and mountain backdrop.
Charming, comfortable, and ready to welcome you home! This inviting 3-bedroom, 2-bath home in Rio Rancho's Northern Meadows offers an easy-to-love floor plan, a 2-car garage, and a private outdoor space perfect for relaxing or entertaining. Whether you're a first-time buyer, looking to downsize, or searching for a smart investment, 908 Somerset Meadows is a home worth seeing!
1890 Raspberry Dr NE is a one-story Rio Rancho detached residence with a practical layout and clearly defined living spaces. The kitchen provides ample cabinetry and counter space, along with a range, microwave, and dishwasher for everyday meal preparation. Built-in shelving anchors the main living area and adds useful display and storage space. The primary bedroom includes generous wall space, while its bathroom provides a tub-and-shower combination. Two additional bedrooms and a second full bathroom extend the flexible interior layout. A covered patio overlooks the fully fenced backyard, and the attached garage supports parking and household storage. This residence combines functional rooms with straightforward amenities throughout. Included 100-Day Home Warranty with buyer activation
Welcome home! This well-maintained 2-bedroom, 2-bathroom single-story home offers comfortable living, a functional layout.The home features a welcoming kitchen and dining area, making everyday meals and entertaining easy and enjoyable. A 2-car garage provides, parking and storage, while the fenced backyard offers space to relax, pets, garden, entertain, or simply enjoy the New Mexico sunshine.Conveniently located with easy access to Unser Boulevard and Northern Boulevard, this home puts shopping, dining, services, and major roadways within easy reach.Whether you're looking for your first home, a manageable property to downsize into, or an investment opportunity, this property is worth a look.
3 Bedroom, 2 Bath, 2 Car Garage - single story home. Master is separate from the other bedrooms. Master bath with double sink vanity..Comfy living room with built-ins. Covered patio. Large corner lot! Many updates, synthetic stucco, tile, evaporative cooler (2021), garage door opener (2023), roof (2021), Water Heater (2021) and more
429 Victor Lane SE, Rio Rancho
Looking for a home with thoughtful updates, a great location, and plenty of outdoor space? This 3-bedroom, 1.75-bath home has so much to offer!✨ FEATURES & UPDATES: 3 bedrooms 1.75 bathrooms 1-car garage Quiet cul-de-sac location New kitchen cabinets & counter tops New Stainless appliances New LVP flooring Roof approximately 3 years old Water heater approximately 3 years old Walled backyard for added privacy Large backyard ready for your vision -- create your dream outdoor space, garden, entertaining area, play area, or whatever fits your lifestyle Beautifully landscaped front yardThis home offers a great combination of recent updates, privacy, functionality, and potential. With a large backyard ready for you to make your own, there's plenty of room to bring your ideas to life.seller offering 3% concession. Buyer may use Seller Assistance/Concessions towards buyer closing costs including, but not limited to, recording fees, the appraisal fee, inspection costs, loan origination fees, property improvements and buyer brokerage fee.
Welcome to this beautiful, move-in ready home situated in the desirable Northern Meadows community, complete with refrigerated A/C to keep you cool and comfortable. Inside, you will find a freshly painted interior complemented by new carpet. The heart of the home features a well-appointed kitchen outfitted with granite countertops, ample cabinet space, and a convenient breakfast bar ideal for quick meals and casual entertaining. A main-floor half-bath adds extra convenience for guests. Upstairs, the primary suite serves as a peaceful retreat, highlighting an ensuite bathroom complete with a dual-sink vanity, large closet and a tranquil garden soaking tub.Out back, enjoy an expansive backyard fully enclosed with privacy block walls and a custom metal gate--offering a private setting for outdoor activities and relaxation. Low-maintenance front landscaping features shade-providing mature trees, adding great curb appeal. Located just moments from a nearby park, this property perfectly combines modern updates with exceptional outdoor living. **Some images in this listing have been virtually staged.
Welcome to this charming Rio Rancho home offering space, character, and value! Situated on a spacious .26-acre lot with mature trees, the property features backyard access with room for an RV, camper, boat, or additional vehicles. Inside, enjoy wood-look luxury vinyl flooring installed in 2023, granite countertops, updated light fixtures, classic Saltillo tile, and a cozy wood-burning fireplace. Recent updates include a furnace (2021), evaporative cooler (2022), and refrigerator (2025). Two recent appraisals valued the home at $328,000, while the current list price is $310,000. Complete with a 2-car garage and convenient access to schools, shopping, and restaurants. Schedule your showing and see the value this Rio Rancho home has to offer!
This inviting Rio Rancho home offers a spacious, comfortable layout with tile flooring throughout the main living areas, a large living room, and a bright dining space featuring a cozy wood-burning stove. The kitchen has been nicely updated with gray cabinetry, modern countertops, and a subway tile backsplash. Outside, enjoy a large backyard with a covered patio, artificial turf, mature trees, and plenty of room to relax or entertain, plus additional outdoor storage or garage. With generous indoor and outdoor space, this home offers comfort, functionality, and plenty of potential to make it your own.
CUL-DE-SAC LIVING IN NORTHERN MEADOWS! Welcome to this single-level home featuring 3 bedrooms, 2 bathrooms and a 2-car garage in Rio Rancho's established Northern Meadows community. Tucked away on a quiet cul-de-sac, this home offers a functional floor plan with plenty of potential to make it your own. Enjoy nearby neighborhood parks, walking paths and open spaces, plus convenient access to shopping, dining, US-550 and Unser Blvd. Located within the highly regarded Rio Rancho Public Schools district and close to Cielo Azul Elementary and V. Sue Cleveland High School. A great combination of location, layout and value...come see the possibilities at 1328 Tesuque Ct NE!
55+ community townhome on short dead end street, no thru traffic and only steps from the community walking trails. 2 bedrooms fenced in backyard enclosed back patio step in shower recently painted many upgrades, Gas fireplace, updated kitchen. Move in ready. This one is a must see. Call your Realtor and schedule a tour today!
Highly desirable and rarely available end unit in a 55+ community, featuring a spacious backyard and exceptional flexibility. This move-in-ready home offers a NEW roof (3/2025) and new water heater (7/2025), with refrigerator included. Beautiful vaulted ceilings and a cozy fireplace highlight the inviting living area, which opens to a covered patio--perfect for relaxing or entertaining. The oversized laundry/hobby/craft room provides abundant space and could easily serve as a home office or potential third bedroom. An additional enclosed patio room features a charming kiva wood-burning fireplace and offers endless possibilities as a library, office, fitness room, spa, or creative retreat. Complete with a 2-car garage, this unique end unit offers extra space, versatility, and a wonderful indoor-outdoor lifestyle.
House is currently rented. House will have a professional cleaning upon sale. The carpet will be fully replaced. The linoleum flooring will be replaced. Owner is open to discuss floors, or other areas of the home for modifications or changes. Owner open to negotiate.
1610 Perma Dr NE is a one-story Rio Rancho home built in 1993 with three bedrooms and two bathrooms across roughly 1,096 square feet. The kitchen includes ample counter space, white cabinetry, and a full appliance package, with plank flooring extending into the adjoining living area and its access to the backyard. Three bedrooms are served by two full bathrooms, including dual-sink vanities and a tub-and-shower combination. A dedicated laundry room and an attached two-car garage with built-in shelving add everyday functionality. Outside, a covered rear patio overlooks the fully fenced backyard, completing this well-maintained residence with practical amenities throughout every room. Included 100-Day Home Warranty with buyer activation
Bring your vision and handy skills to this spacious home on a generous half-acre lot in a peaceful western Rio Rancho setting! Offering plenty of potential to renovate, personalize and create a home that truly reflects your style, this property is an exciting opportunity for buyers ready to roll up their sleeves and make it their own.HUD-Owned Home - Equal Housing Opportunity. Managed by Raine & Co. HUD Case #361-346720. HUD $100 down payment special available for all FHA-financed buyers! This property is listed IE - Insurable with Escrow - final financing eligibility subject to buyer's appraisal. This means that the home likely needs less than $10,000 in repairs in order to meet FHA's minimum property standards. If a buyer obtains FHA 203(B) financing they can borrow up to $10,000 more than the purchase price to be escrowed by their lender and paid to a licensed contractor approved by buyer's lender after closing to complete repairs to meet FHA minimum property standards. Buyers may also take advantage of FHA 203(K) renovation financing. This is a financing option for buyers to borrow more than the purchase price to affordably finance in all renovations / repairs not just limited to items to meet minimum property standards! Work must be performed post-closing by licensed contractors approved by buyer's mortgage company. Buyer remains responsible for earnest money, utility activation costs and applicable closing costs even when utilizing the FHA $100 down payment special. HUD homes are sold AS-IS, WHERE-IS, WITH ALL FAULTS. HUD will not make repairs or provide payment/credit for repairs prior to closing for any reason. Buyers are strongly encouraged to obtain independent professional inspections. A Property Condition Report (PCR), Environmental Compliance Record (ECR) and Property Listing Disclosure (PLD) are available for informational purposes only but are not substitutes for buyer's professional home inspections.Utility Turn-Ons: With an accepted bid, buyer is responsible for all costs associated with activating utilities for inspections/appraisal (such as plumbing mercury tests where applicable and all utility company expenses). Utility activation requires prior approval from HUD's Field Service Manager. If water line does not hold pressure in the PCR/PLD, buyer will not be permitted to put the water on. All bids must be submitted directly through the HUD Home Store website by HUD-approved brokers only. Not all real estate professionals are HUD-approved brokers, process to become approved can take up to 3 months to get set up. Bids are a closed-bidding process meaning that listing broker will not have knowledge of existence nor terms of any bids placed.
Now offering a $5,000 Buyer's Credit with at list offer! Buyers may use it toward closing costs, an interest rate buydown, or carpet replacement, as allowed by their lender. At $290,000, this one of your only opportunities to get a Rio Rancho home with refrigerated air and a seller credit!!! This move-in ready, single-story home offers 3 bedrooms, 2 bathrooms, and a 2-car garage with a functional open concept layout. The kitchen features granite countertops and clear sight lines into the living area, creating a bright, connected space for everyday living. Refrigerated air adds year-round comfort, while the single-level design keeps the floor plan simple and functional. Located in Northern Meadows with access to neighborhood parks, open spaces, and all that Rio Rancho has to offer. Move in ready and waiting for its next chapter. Schedule your showing and come see it for yourself!
FRESHLY PAINTED, BEAUTIFULLY RENOVATED & MOVE-IN READY! Welcome to 1598 Perma Drive, a beautifully maintained North Hills home offering an incredible combination of updates, privacy, outdoor space, and location. The entire interior of the home, including the interior of the garage, was freshly painted in August 2026, giving the property a clean, fresh feel from the moment you walk in. When the current owner purchased the home in 2023, the property had recently undergone several improvements, including an updated roof and refrigerated air system, adding to the home's overall comfort and appeal. The property features a spacious backyard with no neighbors directly to the north, plus a conveniently located neighborhood park just beyond the property. Whether you envision entertaining, relaxing, or creating your own backyard oasis, the outdoor space offers plenty of possibilities. Additional neighborhood parking to the east is another bonus when hosting friends and family. Inside, you'll find a functional floor plan with the primary suite separated from the secondary bedrooms, providing additional privacy while maintaining a comfortable flow throughout the home. Beautifully maintained, thoughtfully updated, freshly painted, and ready for its next owner, this home is one you won't want to miss. Seller is open to a Real Estate Contract (REC) and willing to consider flexible terms, creating a unique financing opportunity for the right buyer. Schedule your private showing today!
As-Is**Pre-Inspected!** Cozy up to the wood-burning fireplace when cooler weather arrives. Vaulted ceilings and tile flooring create a bright, open feel throughout the home. The spacious layout offers generous closet space, two linen closets, and built-in shelving for added storage. The updated hall bathroom features an upgraded vanity. The kitchen includes conveying appliances and convenient pull-out cabinet shelves for easy organization. A **3-year-old roof** provides added peace of mind. Step outside to the backyard featuring a shed with flexible space for hobbies, gardening, or outdoor projects.
4 BR, 2 BA Spacious home, CITY WATER, REF, Washer & Dryer, Open FL PLN, vaulted ceilings, Large primary suite includes generously sized bathroom, Walk-in closet, DBL carport, storge shed, fully fenced on half an acre, gas furnace and H2O heater, upgraded insulation, dormer, covered front porch with disability access and so much more! Conveniently located. Some photos have been virtually staged and/or AI enhanced.
BUILD YOUR DREAM HOME ON THIS GATED HALF-ACRE LOT! Rare opportunity to create a custom home in Rio Rancho with a valuable head start already in place. The property includes a completed garage with potential for a casita/additional living space, subject to buyer verification and permitting, gated entry, architectural blueprints for the proposed home, brand-new appliances still in the boxes, premium kitchen cabinetry, designer bathroom tile, and matching exterior stone and fireplace materials. Electricity and natural gas are available at the easement; private well and septic will be required, subject to applicable approvals. The seller began the construction project but ultimately had to step away. No additional construction work is included in the sale, but the existing plans and materials convey with the property for a buyer who wants to continue the vision--or create something entirely their own. Home shown is a rendering only and is not an existing structure. An exceptional opportunity for a buyer looking for land, privacy, and a head start on a custom home.
Discover peaceful, secure living in The Islands, a premier 55+ gated community. This charming 2-bedroom, 2-bathroom home boasts high ceilings, a cozy fireplace, and an abundance of natural light. Step outside to your private, fenced patio, the perfect spot for morning coffee or evening relaxation. Ideally located near shops and cafes, this home is positioned to benefit from upcoming/exciting nearby developments, including a vibrant new town center with dining and gathering spaces. Experience the perfect mix of comfort, convenience, and growth.
Welcome to this charming 2-bedroom, 1-bath home located in the heart of Rio Rancho. This well-maintained property offers a spacious living area and plenty of natural light throughout. The kitchen provides ample cabinet and counter space, making meal prep and entertaining easy. Both bedrooms are generously sized with great closet space. Conveniently located near schools, parks, shopping, restaurants, and easy freeway access. Whether you are a first-time home buyer, downsizing, or looking for an investment opportunity, this home is full of potential and ready for its next owner. Home is tenant occupied until March 2027
Property has no active utilities and is not connected to the public electric grid. Prior electric system was solar and has been removed. Condition of all systems, including well, septic, HVAC, plumbing, roof, and electric is unknown. Inspections are at buyer expense.
Welcome to 3197 Wingate Meadows, a beautifully maintained 3-bedroom, 2-bath home offering 1,100 square feet of comfortable living. This inviting property features an open-concept layout filled with natural light, creating a warm and welcoming atmosphere. The efficient kitchen offers ample cabinet space and flows seamlessly into the living area, perfect for everyday living and entertaining. The primary suite provides a private retreat, while two additional bedrooms offer flexibility for guests, a home office, or growing needs. Enjoy a low-maintenance yard with space to relax or entertain. Conveniently located near shopping, dining, and major roadways, this move-in ready home offers both comfort and convenience.
Affordable single-story living in Rio Rancho! This light and bright 3-bedroom, 2-bath home offers an open floor plan, refrigerated air, two-car garage and easy-care living in Northern Meadows. The kitchen, dining and living areas flow together nicely for everyday living and entertaining. Enjoy a covered patio and a blank-slate backyard ready for your own landscaping ideas. Conveniently located near neighborhood parks, schools and Rio Rancho amenities. A great opportunity to own a 3-bedroom home under $290.000
Daria Derebera
Real Estate Broker in Albuquerque, NM
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