Homes Under $400K in Rio Rancho
Find affordable homes under $400,000 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 126 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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Beautiful Hakes Brothers home featuring energy-efficient construction and Green Built certification. This well-designed 3-bedroom, 2-bath residence offers raised ceilings, elegant 9-foot doors, and an open, spacious floor plan filled with natural light. The home includes professionally landscaped front and back yards, providing attractive outdoor living spaces with minimal maintenance. Combining modern comfort, quality craftsmanship, and energy-saving features, this home is move-in ready and ideal for anyone seeking style, efficiency, and convenience.
Better than new! Built in 2023, this single-story by DR Horton offers 4 bedrooms, 2 baths, & a 2-car garage in the desirable Mountain Hawk community. Designed for modern living, the open-concept layout features a spacious great room, dining area, & stylish kitchen w/ granite countertops, island, Whirlpool appliances, & a large pantry. The private primary suite offers a raised double vanity, tiled walk-in shower, & oversized walk-in closet. Additional features include solar panels, reverse osmosis system, ceiling fans throughout, refrigerated air, Low-E windows, security door, NO PID. Enjoy convenient access to shopping, dining, golf, casinos, The Block, major commuter routes & highly rated Cleveland High School. Move-in ready without the wait of new construction!
Come take a look! Located in the desirable Enchanted Hills area, this spacious home offers plenty of room and great potential. The kitchen is perfect for gathering with plenty of counterspace and island, while the private backyard offers a great space for relaxing and entertaining. The primary suite features a large walk-in closet. Upstairs, you will also find three additional bedrooms plus a versatile loft. While the home could benefit from some updates and repairs, it is a great opportunity to add your personal touch and build equity. Conveniently located with easy access to Albuquerque and Santa Fe. Schedule your showing today! Home is being sold as is.
Located in the sought-after Northern Meadows community, this spacious 2-story home offers 4 bedrooms, 3 bathrooms, and a versatile floor plan designed for comfortable living. The well-appointed kitchen features abundant cabinet space, a pantry, large center island, and an eat-in dining area that overlooks the backyard & opens to the inviting family room with a cozy fireplace. Upstairs, the oversized primary suite provides a private retreat with a garden tub, separate walk-in shower, dual-sink vanity, and private balcony. Enjoy outdoor gatherings under the covered patio and a backyard with plenty of room to relax or play. Complete with an attached 2-car garage, this home offers the space & functionality today's buyers are looking for. Some photos have been virtually staged!
Enjoy peace of mind with a recently installed metal roof, updated flooring, fresh synthetic stucco, and desirable side-yard access. Inside, you'll find two renovated bathrooms, a newer water heater, and tasteful updates throughout the home. The landscaped backyard is ready for entertaining with outdoor kitchen utilities already in place, including water, gas, electrical, and sewer connections. The spacious lot also features side-yard parking and a large detached garage/workshop offering excellent storage and flexibility. This is a must-see!
Recent updates throughout the home include a new roof, stucco, water heater, upgraded 4,000 PSI concrete driveway and walkway, carpet and pad, storm door, and fresh interior paint that brightens the home and creates a clean, inviting feel.Come take a look at this beautiful home in the highly desirable Northern Meadows community of Rio Rancho! The well-maintained backyard offers attractive landscaping and a great space to relax or entertain. Priced to sell, this home presents an excellent opportunity for buyers seeking value, comfort, and peace of mind with so many major improvements already completed. Schedule your showing today--this one won't last long!
Welcome to this beautiful 3-bedroom, 2-bath home in the sought-after Wallen Park neighborhood. Featuring an open floor plan that seamlessly connects the living, dining, and kitchen areas, this home is perfect for both everyday living and entertaining. Updated vinyl plank flooring adds a modern touch throughout the main living spaces.Step outside to a backyard designed for relaxation and gatherings, complete with covered patios, a storage shed, and preparation for outdoor TVs. A 2023 saltwater hot tub is negotiable, offering the opportunity to create your own private retreat. The spacious 3-car garage provides ample room for vehicles, storage, or hobbies. This home combines comfort, functionality, and a fantastic location! Don't miss your opportunity to make it yours!
Perfectly positioned on a generously sized cul-de-sac lot, this desirable DR Horton Kodiak offers 4 bedrooms and 2 bathrooms with a spacious and thoughtfully designed floor plan. Architectural details such as vaulted ceilings, graceful arches, and decorative niches add character throughout. Upon entering, you'll find a bright and inviting living area complemented by a formal dining space, perfect for entertaining. The kitchen features an island, abundant oak cabinetry, and a sunny breakfast nook that flows seamlessly into the family room, where a cozy gas fireplace creates the perfect gathering spot. The private owner's suite is thoughtfully separated from the secondary bedrooms and offers a relaxing bath with a garden tub, cultured marble finishes. Don't miss out.
HOME PROJECT ON A GATED ACREAGE LOT WITH INCREDIBLE POTENTIAL! This piece of land with a completed garage/potential to be casita offers the perfect spot to build your custom home. Included with the land are blue prints that can be used for your new home, gated entry, and new appliances still in the box! The sale also includes premium kitchen cabinetry, designer bathroom tile, and matching stone for the exterior and fireplace. Situated on a spacious lot in Rio Rancho with electricity and natural gas available at the easement. Well and septic still needed. Perfect opportunity for investors or for you to build your dream home! Call for more info today. Photo of home is a rendering.
Welcome to this charming 3-bedroom, 13/4-bath home located in the desirable Enchanted Hills subdivision. Spacious great room with soaring cathedral/vaulted ceilings, perfect for relaxing or entertaining.The kitchen includes a cozy breakfast nook and flows seamlessly into a formal dining room or family room, offering flexibility. The primary bedroom features its own private 3/4 bath for added comfort and convenience.Step outside to enjoy the open patio with a pergola cover, providing a great space for outdoor dining. Additional features include a 2-car garage and several important updates, including a newer roof (2020), furnace (2020), and water heater (2019), offering peace of mind for years to come. Conveniently located near schools, parks, shopping, and dining.Priced to Sell!!!
Introducing 1309 Spruce Meadows Dr NE, a residence designed for everyday practicality and comfortable living. The kitchen features a convenient island, complemented by double sinks in the primary bathroom for ease of use. A spacious walk-in closet in the primary bedroom provides ample storage, while the exterior includes a patio leading to a fenced backyard. This home blends comfort and functionality, ready for its next resident.. Included 100-Day Home Warranty with buyer activation
Updated and move-in ready 3-bedroom, 2-bath home with numerous improvements throughout. The remodeled kitchen features granite countertops, a stylish tile backsplash, and generous workspace, creating a great focal point for everyday living and entertaining.Recent interior updates include fresh paint, new lighting, and laminate flooring through most of the home, with new carpet in two bedrooms for added comfort. Both bathrooms have been beautifully remodeled with tile surrounds, offering a clean and modern finish.Major system updates provide added value, including a roof approximately 5-6 years old, along with AC and water heater less than 5 years old.The converted garage provides a heated flex room that offers versatile space for a variety of uses such as a hobby room, office,
Welcome home to comfort, convenience, and modern living. Built by Twilight Homes in 2023, this beautifully maintained 4-bedroom, 2-bath home feels just like new. Enjoy the benefits of newer construction without the wait. Located in Mountain Hawk, a thoughtfully planned community with parks, trails, and open spaces, you'll love the lifestyle this neighborhood offers. Conveniently situated near shopping, dining, and everyday amenities, with easy access to both Albuquerque and Santa Fe, making commuting a breeze. Move in, unpack, and start enjoying the feeling of home from day one!
Welcome to this charming single-level home in Rio Rancho with no HOA and no PID NO POLLY! Sitting on a third of an acre, this 3-bedroom, 2-bath home offers 1,310 square feet of comfortable living space. Inside, you'll find a great room with a wood-burning fireplace, tile floors throughout the main living areas, and carpet in the bedrooms. The kitchen features a pantry and all appliances present convey. Step outside to a large walled backyard with a covered patio, RV parking, backyard access, and a basketball court. A storage shed and attached garage round out this move-in ready home. Come see it today! Inquire about Interest Rate Buy Down Options good through 6/30/2026.
This beautifully designed home offers three spacious bedrooms plus a versatile loft, all conveniently located upstairs. The open-concept main level is ideal for both everyday living and entertaining, featuring a well-appointed kitchen with a gas range, abundant cabinetry, pantry, and seamless flow into the living and dining areas.Retreat to the impressive owner's suite, complete with vaulted ceilings, a walk-in closet, and a cozy sitting nook perfect for reading, relaxing, or creating your own private workspace.Step outside and enjoy breathtaking, unobstructed views from the backyard. The low-maintenance xeriscaped yard and charming pergola create the perfect setting for summer evenings, morning coffee, or gathering with friends and family
Welcome home to this beautifully updated, move-in-ready gem in a prime Rio Rancho location near top-rated schools, shopping, restaurants, and everyday amenities. This charming 3-bedroom, 2-bath home features an open, light-filled floor plan designed for comfortable living. Situated on a large lot with convenient backyard access, there is plenty of room for RV parking, recreational vehicles, outdoor gatherings, and future possibilities. Refrigerated Air, washer/dryer, all kitchen appliances stay. Ideally located with easy access to Albuquerque and Santa Fe, this home offers the perfect blend of comfort, convenience, and value. Don't miss your opportunity to make this exceptional property your own--it won't last long!
Stunning Sandia Mountain views, refrigerated air, and an in-ground pool make this 4-bedroom, 2-bath Rio Rancho home a must-see! Offering 1,773 sq ft, this single-story home features a functional split floor plan, abundant natural light, and a spacious primary suite with a private sitting area and sliding glass door to the backyard. Enjoy a gated front yard, expansive patio space, and a large backyard perfect for entertaining, relaxing, or enjoying New Mexico sunsets. Conveniently located near shopping, dining, schools, parks, and commuter routes. A rare opportunity to own a pool home with mountain views and plenty of space to make it your own.
Welcome home to this beautifully maintained and thoughtfully updated residence offering 2 bedrooms, 2 bathrooms, plus a versatile office/bonus room that can easily serve as a third bedroom. Designed for comfort and convenience, this charming home features a newer furnace and air conditioning system (2015/2016), providing year-round energy efficiency and peace of mind. Inside, you'll find modern LED lighting throughout, elegant French doors with built-in blinds, and updated windows installed in 2012 with enhanced safety features. The spacious primary suite boasts a beautifully remodeled bathroom complete with a new tub, extended-height shower, and a stylish soft-close barn door for added privacy. The updated kitchen is both functional and inviting, featuring solid-surface countertops and
Beautifully maintained single-story home in the sought-after Mountain Hawk community. The popular Sofia floorplan offers an open layout with soaring ceilings, abundant natural light, and seamless living spaces. The stylish kitchen features granite countertops, a gray subway tile backsplash, dark cabinetry, and durable ceramic tile flooring. The spacious primary suite includes dual vanities and a large walk-in shower with tile surround. Enjoy indoor-outdoor living with a private patio ideal for entertaining & a premium location bordering open space. Skip the wait and expense of new construction with this like-new 3-bedroom home. The low-maintenance backyard showcases attractive turf, perfect for relaxing year-round. Conveniently near parks, trails, shopping, 550 & 528. All appliances stay!
Welcome to 1425 Vista Grande Drive in Rio Rancho! Built by D.R. Horton, this beautifully maintained home offers 4 bedrooms, 2 bathrooms, and over 1,500 square feet of thoughtfully designed living space. The open-concept floor plan features granite countertops, abundant natural light, and comfortable spaces perfect for everyday living and entertaining. Step outside to a fully landscaped backyard ideal for barbecues, relaxing evenings, and enjoying New Mexico's stunning sunsets. Conveniently located near shopping, dining, parks, walking trails, and top-rated schools, with easy access to Albuquerque. Enjoy the perfect blend of modern comfort, style, and convenience in one of Rio Rancho's growing communities.
Nestled within a lovely gated community, this beautifully maintained 2-bedroom, 2-bathroom home offers comfort, convenience, and exceptional value. Ideally located on the south end of Rio Rancho with stunning views overlooking Corrales, you'll enjoy easy access to Albuquerque, Cottonwood Mall, shopping, dining, and major commuter routes. Recent upgrades include a brand-new TPO roof with transferable warranty, newer refrigerated air system, newer water heater, updated kitchen appliances, elegant tile flooring, granite countertops, and a fully remodeled primary bathroom. Both bedrooms feature private patios, while the fully landscaped yard creates a welcoming outdoor retreat. Move-in ready and meticulously cared for, this home is a must-see!
Now here's a very nice home with a wonderful, spacious living area addition, tastefully matching the original construction, but with lots of windows and upgraded brick flooring! An additional garage bay/workshop was also added, making it an exceptional 1-story, 3-bedroom, 2-bath, 3-car garage home on an oversized corner lot! In the back, there are two detached structures for more storage, or each could make a nice hobby shop! And there's plenty of room outdoor recreation, gardening, and all the RV toys. The septic system brand new, just replaced in 2026. You need to see it to appreciate this great floor plan! In the heart of Rio Rancho, this home is close to every convenience, shopping, entertainment, etc. It just waiting for a new owner to come and love it! Priced to sell soon!
Final Opportunity to own in Rainbow Canyon! 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.
Affordable 4-bedroom single-story home that's move-in ready! This super clean 1,684 sq. ft. Rio Rancho home has been updated with new carpet, fresh interior paint, and a new water heater. The functional floor plan offers four spacious bedrooms and a kitchen featuring stainless steel appliances, with the refrigerator included. Bright, well-maintained, and ready for its new owner, this home is an outstanding value for buyers looking for an affordable 4-bedroom home. Conveniently located near schools, parks, shopping, and major commuter routes. Affordable single-story 4-bedroom homes in this condition are hard to find, schedule your showing today!
NEW PRICE! Bank Owned 80k Below Market Value! Great Deal! Great Location/neighborhood in North Rio Rancho Rivers Edge 4 bedroom, 2.5-bath home offers comfortable living with a spacious Kitchen area & sunroom that provides the perfect place to entertain, & enjoy the stunning New Mexico sunsets. Situated on a spacious .25-acre lot, the property features excellent views of the Sandia Mountains the desirable location offers convenient access to shopping, dining, parks, and schools. Roof will need to be replaced, no gas meter, electric needs some work/updating Selling As is. CASH or Conventional financing only due to condition.
Daria Derebera
Real Estate Broker in Albuquerque, NM
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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.