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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 85 listings in Rio Rancho.

Welcome to this well maintained single story home located on a desirable corner lot in Rio Rancho! Featuring attractive curb appeal with a classic stucco exterior, clean architectural lines, this home offers both comfort and functionality. The corner lot enhances privacy and creates a more open, spacious feel with possible backyard access. Inside, you'll find a thoughtfully designed layout perfect for everyday living and entertaining. Conveniently located near schools, parks, shopping, and dining, this home offers both comfort and accessibility in a growing Rio Rancho community.A great opportunity to own a move-in ready home. Schedule your showing today!

3
BEDS
2
BATHS
1,703
SQFT
0.17
ACRES

Discover excellence in this stunning, like-new residence crafted by DR Horton! At the heart of the home, a chef-inspired kitchen shines with modern cabinetry, sleek stone countertops, and stainless steel appliances. The versatile floor plan is anchored by a private primary suite, featuring a double vanity and a sophisticated ceramic-tiled walk-in shower. Tucked away on a separate wing for ultimate privacy, the fourth bedroom offers ideal flexibility for guests or a home office. Located in the desirable Mountain Hawk community, this smart-connected home delivers exceptional value with no PID, refrigerated air, and low-e windows. This move-in-ready gem is polished and ready for its new owner!

4
BEDS
2
BATHS
1,602
SQFT
0.1
ACRES

Welcome to this elegantly designed 1,420 sq ft home by D.R. Horton, which perfectly blends style, comfort, and modern amenities. This home features a thoughtfully designed floor plan with separate living and dining areas, making it ideal for both relaxation and entertaining. The kitchen stands out with its stylish pendant lighting, while the open-concept layout ensures a smooth transition between spaces. Enjoy the convenience of a spacious walk-in closet in the primary bedroom, providing ample storage. The generously sized bedrooms offer comfort and privacy for the entire family. The smart home package adds an extra layer of convenience, allowing you to control essential features remotely.

3
BEDS
2
BATHS
1,420
SQFT
0.1
ACRES

What an wonderful neighborhood this house has! While it is close to schools, parks and shopping, it is elevated enough to give the new owner an excellent view in many directions. Enjoy an evening by the fireplace looking east toward the mountain or enjoy time on the balcony watching the world go by. Come see this well-cared for home. It won't last long on the market.

3
BEDS
2
BATHS
1,664
SQFT
0.27
ACRES

This beautiful 3-bedroom, 2-bath home offers flexible living with a dedicated office and additional flex space, perfect for today's work-from-home or family needs. The kitchen is thoughtfully crafted with custom hickory cabinets and all appliances--purchased within the last 2-3 years--will convey. Recent upgrades include a brand-new HVAC system, new roof with warranty, new flooring, and fresh interior paint, providing peace of mind and a truly move-in-ready home. Enjoy the convenience of a separate laundry room and the freedom of a large, blank-canvas backyard, ready for you to create your own private oasis while taking in beautiful mountain views. Situated on a .31-acre corner lot, the property offers ample space for RV, boat, or toy parking. No HOA adds even more flexibility and freedom.

3
BEDS
2
BATHS
1,602
SQFT
0.31
ACRES

Listed at Appraised Price & Move-In Ready. Fall in love with this charming 3-bedroom, 2-bath Chamisa Hills home located in a gated Rio Rancho Community, close to shopping, dining, and everyday conveniences. Step inside to discover nearly new LG kitchen appliances, fresh interior paint, and thoughtful updates throughout, including ceiling fans and window blinds--all completed within the last year. Tile and laminate flooring span the home for easy care and a clean, modern feel. Truly move-in ready, all that's missing is you and your personal touch to make this house your home.

3
BEDS
2
BATHS
1,336
SQFT
0.1
ACRES

Well-Maintained 3-BR, 2-BA Single-Family Home Located on a Desirable Corner Lot with No HOA* Features include updated plumbing and flooring, solar panels, backyard access, and a one-car garage. The bright great room boasts raised ceilings, abundant natural light, and a cozy fireplace. Enjoy an open kitchen, dining, and living layout with a convenient serving bar and plentiful cabinetry--appliances included. The spacious primary suite offers a charming window seat, walk-in closet, separate shower, and vanity. Plenty of space inside and out. this home truly has it all.

3
BEDS
2
BATHS
1,427
SQFT
0.27
ACRES

Introducing a new phase of Los Diamantes, located in Rio Rancho, New Mexico, where modern design meets exceptional value. This thoughtfully planned phase offers homebuyers the opportunity to enjoy stylish, well-crafted homes in a convenient and highly desirable location--without the premium price tag. Ideally situated just minutes from Presbyterian Rust Medical Center, shopping, dining, and everyday conveniences, Los Diamantes makes it easy to enjoy more of what matters. From quick commutes to effortless errands and evenings out, everything you need is close to home.

3
BEDS
2
BATHS
1,289
SQFT
0.1
ACRES

Larger lot with views!! Clean and move-in ready and includes a newer furnace. Large kitchen. Backyard has backyard access for any toys! With a newer storage shed that stays with the property. You'll know this house is ''The one'' once you see you views in the backyard! Easy access to ABQ and Santa Fe. Plenty of shopping and food nearby. Don't forget to stop by The Block for year round entailment!

3
BEDS
3
BATHS
1,484
SQFT
0.23
ACRES

Welcome to 6305 Magpie Way NE, a property that exudes charm and comfort. The living room is a cozy retreat, complete with a warm fireplace that adds a touch of elegance. The kitchen is a chef's dream, boasting a functional kitchen island that provides ample space for meal preparation. Step outside to a spacious patio, perfect for outdoor dining or simply enjoying a cup of coffee in the morning. The property also features a large fenced backyard, offering privacy and a safe space for outdoor activities. This home is a perfect blend of comfort and style, making it a must-see property. Owned solar for energy savings. Don't miss out on this unique opportunity to own a piece of tranquility.. Included 100-Day Home Warranty with buyer activation

3
BEDS
2
BATHS
1,484
SQFT
0.2
ACRES

Beautiful Brand New Clayton Home will be ready May of 2026 home will sit on one acre. Close to shopping and yet still feels like country living. In the county but still in Rio Rancho School District. Home comes with four bedrooms, two bath, an open concept living room, large kitchen with a large center island. Some of the other features are full set of Stainless Steel Kitchen Appliances, Ecobee Smart Thermostat that you can operate remotely on your phone with app, Refrigerated Air. Spacious owners suite with luxury bathroom that has a long soaking tub and walk in shower. All of this plus a Two Car Oversize Garage. The Home is on a Permanent Foundation that qualifies for VA, FHA and Conventional loans.

4
BEDS
2
BATHS
1,685
SQFT
1
ACRES

Welcome home to 1379 Fireweed Dr NE in Rio Rancho. This lovely home has been cared for inside and out and is move in ready. The current owners updated the HVAC system with a new furnace and refrigerated air units in 2024. As you enter the front foyer, the entryway becomes an inviting space to welcome guests. Stainless steel appliances and subway tile backsplash in the kitchen gives the home a modern touch. Cathedral ceilings in the living room provide an open feel to the ample living space. You won't want to miss out on this gem!

2
BEDS
2
BATHS
1,352
SQFT
0.12
ACRES

Welcome to this brand-new manufactured home on a permanent foundation situated on a generous 1/3-acre lot. This property offers modern comfort with city water, refrigerated air conditioning, and a well-designed floor plan ideal for everyday living. The 2-car garage provides ample space for parking, storage, or a workshop. Enjoy the benefits of new construction, low-maintenance living, and room to spread out on a spacious lot. A great opportunity to own a new home with land, modern features, and lasting value--schedule your showing today. ***estimated completion is Mid to Late March***

3
BEDS
2
BATHS
1,568
SQFT
0.3
ACRES

This inviting single story 4 bed, 2bath home in Vista Grande offers a smart and comfortable layout. The open living area creates a welcoming space to relax or entertain, while the kitchen offers plenty of storage and functionality for everyday use. This home includes energy-efficient features and D.R. Horton's Smart Home package, designed to enhance comfort, convenience, and affordability. ** Estimated Completion: April 2026**

4
BEDS
2
BATHS
1,537
SQFT
0.17
ACRES
$394,500
-5,000$ 02/05

Beautiful 3-bedroom, 2-bath home built in 2024 with modern finishes and a functional open-concept layout. The kitchen features granite countertops, stainless steel appliances, ample cabinetry, and a large island with seating. Tile flooring runs through the main living areas, with comfortable bedrooms offering privacy. The primary suite includes a walk-in closet and an en-suite bath with a walk-in shower. Enjoy a fully landscaped, low-maintenance backyard with gravel and turf, perfect for relaxing or entertaining. Additional features include refrigerated air, a finished two-car garage, and a convenient Rio Rancho location near parks, schools, shopping, and dining.

3
BEDS
2
BATHS
1,669
SQFT
0.15
ACRES

Welcome home to this beautifully upgraded 3-bedroom, 2-bath property in Vista Hills area of Rio Rancho. If you're looking for a move-in-ready home with modern updates, great views, and no HOA--this is it.Situated on an oversized lot with backyard access, this home offers mountain views and a prime location close to shopping, schools, and entertainment.Highlights include:New exterior & interior paint.Brand-new shaker kitchen cabinets.New Granite countertops with tile backsplash.New stainless steel appliances.Fully remodeled bathrooms with new vanities & fixtures.New plumbing & light fixtures.New LVP flooring throughout.New shingle roof.Freshly updated landscaping.

3
BEDS
2
BATHS
1,469
SQFT
0.27
ACRES

Immaculately maintained home in the desirable Northern Meadows community, now available. This property features 3 generously sized bedrooms, 2.5 bathrooms, a 2-car garage, a loft, and a formal dining area. Enjoy a large backyard and a convenient location near parks and walking trails. Don't miss this opportunity--schedule a showing today.

3
BEDS
3
BATHS
2,110
SQFT
0.12
ACRES

This well-maintained single-story home in Rivers Edge II is a must-see. It boasts an open layout with ceramic tile flooring and a mosaic fireplace. The kitchen features white cabinetry, granite countertops, stainless steel appliances, tile backsplash, and a deep basin sink. The walled backyard has been recently landscaped with newly installed grass and trees, an iron railing to capture mountain views, and a large covered patio for outdoor enjoyment. RV parking provides ample space for boats and recreational vehicles. The home has a metal roof, newer windows, and major system updates, including a furnace, air conditioner, and water heater that were replaced in 2018. It also has a 220V garage outlet. The home is move-in ready and includes the washer, dryer, and kitchen appliances. NO HOA!

3
BEDS
2
BATHS
1,599
SQFT
0.21
ACRES

Welcome to this lovely 3-bedroom, 2-bath home in the heart of Rio Rancho! Built by Arturo Boniello, this spacious 2,282 sq ft residence sits on a half-acre lot and features a charming front courtyard entry, two generous living areas, a formal dining room, and an eat-in kitchen. The main living area showcases a corner Kiva fireplace, while the enclosed patio provides a flexible space ideal for a game or playroom, craft area, or sun-filled retreat. Recent updates include a new septic system, termite treatment and stucco patch completed in September 2025, and a freshly painted interior completed in Feb 2026. Seller offering up to $3,000 carpet allowance with acceptable offer.

3
BEDS
2
BATHS
2,282
SQFT
0.5
ACRES

Welcome to 336 4th Ave SW, a property that boasts a modern kitchen equipped with all stainless steel appliances. Step outside to enjoy the private patio with fenced in backyard perfect for outdoor dining or relaxation. The property also features a storage shed, providing ample space for your belongings. Recent updates include a partial flooring replacement, enhancing the overall aesthetic of the home. The interior has been refreshed with a coat of fresh paint, giving the home a clean and bright feel. This property is a must-see for those seeking a well-maintained and updated home. Included 100-Day Home Warranty with buyer activation

3
BEDS
2
BATHS
1,341
SQFT
0.5
ACRES

Welcome to 1725 Allegheny Dr NE, a home that exudes charm and sophistication. The kitchen is a chef's dream with an accent backsplash and all stainless steel appliances. Cozy up next to the fireplace on chilly evenings. The fenced-in backyard provides privacy and includes a storage shed for extra space. The home has been recently updated with fresh interior paint, new flooring throughout, and new appliances. The exterior has also been given a fresh coat of paint, enhancing its curb appeal. The backyard also features a covered patio, perfect for entertaining or relaxing. This home is a must-see for anyone seeking a blend of style and comfort. Included 100-Day Home Warranty with buyer activation

3
BEDS
2
BATHS
1,540
SQFT
0.26
ACRES
$327,500
-2,500$ 02/09

This inviting single-story home in the gated Chamisa Greens community is truly move-in ready, with big-ticket updates already done. Updates include a brand-new furnace(2024), refrigerated A/C (2024, fresh paint, & new flooring(2025), new water heater(2026), new bathroom vanities & toilets, new shower head in primary(2025), refrigerator & disposal (Oct 2024). The bright, open layout makes everyday living easy & comfortable, whether you're relaxing at home or hosting friends and family. The kitchen flows naturally into the living and dining areas, creating a space that feels connected & welcoming. The primary bedroom offers a peaceful retreat, while the additional bedrooms are perfect for guests, a home office, or whatever your lifestyle needs. Low maintenance yards front & back. Come See

3
BEDS
2
BATHS
1,255
SQFT
0.11
ACRES

Minutes from Intel and Rust Medical on Unser and West Side! Appointment only. The Sophia is a well-designed 1 story new home floorplan in where convenience meets charm. Offering 3 bedrooms, 2 bathrooms, within 1,420 square feet, the Sophia is tailored for relaxed living with just the right amount of space. Curb appeal shines through with exterior elevation options that reflect a modern desert aesthetic. Inside, the Sophia's layout centers around a fluid, open-concept space that merges the kitchen, dining, and living areas. The kitchen comes equipped with a spacious kitchen island, a decorative tile backsplash, Whirlpool(r) stainless steel appliances and coordinated cabinetry. Large windows bring in natural light. The generous living space is perfect for winding down or welcoming company.

3
BEDS
2
BATHS
1,420
SQFT
0.13
ACRES

Step into this beautifully maintained, newer Twilight Home that blends comfort, style, and modern convenience. The spacious open floor plan features elegant tile flooring in the main living areas and a welcoming living room with a cozy gas fireplace. The expansive kitchen offers a large island for meal prep and casual dining, sleek stainless steel appliances, and plenty of storage. The luxurious primary suite includes a relaxing garden tub, double sinks, a separate shower, and a large walk-in closet. Outdoor living is just as impressive with low-maintenance landscaping front and back. The private, walled backyard offers a fire pit for evenings and a small turf area--perfect for pets or play. Move-in ready and thoughtfully designed, this home is a fantastic opportunity!

4
BEDS
2
BATHS
1,872
SQFT
0.14
ACRES

Beautifully maintained home in a desirable Rio Rancho community! This inviting residence offers a functional floor plan with spacious living areas, abundant natural light, and neutral finishes throughout. The open kitchen provides ample cabinet and counter space and flows seamlessly into the dining and living areas--perfect for everyday living or entertaining. Generously sized bedrooms offer comfort and flexibility, including a primary suite with a private bath and ample closet space. Enjoy outdoor living in the low-maintenance backyard, ideal for relaxing or gatherings. Conveniently located near parks, schools, shopping, and dining, this home combines comfort, style, and a great location. Don't miss this opportunity!

3
BEDS
2
BATHS
1,943
SQFT
0.16
ACRES
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

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