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 178 listings in Rio Rancho.
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This inviting Rio Rancho home offers a bright, open layout with vaulted ceilings, plenty of natural light, and comfortable living spaces throughout. The kitchen provides ample cabinet and counter space, a breakfast bar, and an adjoining dining area that flows nicely into the main living room. Enjoy refrigerated air for year-round comfort, spacious bedrooms, and a dedicated laundry area, Newer water heater (April 2026) & New roof/patio (October 2026). Out back, you'll find a beautifully maintained backyard featuring a covered patio, artificial turf, and plenty of space to relax, entertain, or enjoy New Mexico evenings. The low-maintenance landscaping makes both the front and backyard easy to enjoy. Clean, comfortable, and move-in ready! This is a great opportunity to call Rio Rancho home!
Beautifully Updated Home w/ Great Mountain Views and Open Space Behind! Enter the Spacious Living Room w/ Vaulted Ceilings and Recessed Lighting. Open Floor Plan w/ the Kitchen opening seamlessly to the Living and Dining areas. Primary Suite w/ a Spa-like Bath featuring a Separate Tub, Shower, Double Sinks and Walk-In Closet. Updates include Stucco for the Entire Home, 2 Year Old Pitched Shingle Roof, Fresh Paint, Baseboards, and Luxury Vinyl Plank Flooring Throughout, NO CARPET! Updated Baths, Hardware and Cordless Blinds, Door Hardware, Light Fixtures, and Water Heater. Refrigerated Air, Compressor replaced 8-2026. Enjoy the Nice Covered Patio, Open Space Behind the Home, and Great Unobstructed Mountain Views. Walk to Los Montoyas Park, right down the street! MOVE IN READY!
Welcome home to 6125 Chaco Canyon, a beautiful four-bedroom residence offering comfort, freedom, and an unbeatable location. Step inside to find brand-new carpet throughout the living areas and bedrooms, providing a clean, cozy, and modern feel. The thoughtful layout features four spacious bedrooms, offering plenty of space for a growing family, a dedicated home office, or guest accommodations. For your vehicles, tools, and extra storage, the deep three-car garage ensures you have all the room you need.Outside, the large, spacious backyard serves as your own private oasis, offering a blank canvas for gardening, entertaining, or building your dream outdoor living space. Best of all, you can enjoy the financial freedom and peace of mind that comes with no HOA fees or restrictive rules, and absolutely no PID assessments. Positioned in a highly desirable, easy-access location, this home ensures short commute times and quick connectivity to local shopping, dining, schools, and parks.
UP TO 1% IN CLOSING COST CREDIT TO BUYER WITH PREFERRED LENDER!!Welcome home to this spacious 4-bedroom, 3-bathroom property offering a flexible layout, beautiful mountain views, and plenty of outdoor space. The second-floor suite provides added privacy and features a private balcony where you can take in the surrounding mountain scenery. Situated on an oversized lot with a large, flat usable surface, there's plenty of room for entertaining, recreation, gardening, or future outdoor projects. A storage shed provides convenient additional space for tools, equipment, and seasonal items. With its generous lot, versatile floor plan, and elevated views, this Rio Rancho home offers the space and setting you've been looking for!
Exceptional Short Sale Opportunity! Better than new and completely move-in ready! Welcome to 2449 Balcomie Rd NE, a pristine two-story home that offers all the perks of brand-new construction without the extra post-closing expenses. Built just one year ago and very lightly lived in, this immaculate four-bedroom, 2.5-bathroom property remains in almost new condition. Unlike buying straight from a builder, this home saves you thousands of dollars from day one because the refrigerator and custom window treatments are already installed and included in the sale. The thoughtfully designed layout features a coveted first-floor primary suite, offering ultimate convenience, privacy, and long-term accessibility. The heart of the home seamlessly connects the kitchen and main living room, beautifully tied together with high-quality, low-maintenance ceramic tile flooring. Home chefs will love the open kitchen, which comes complete with elegant granite countertops and ample space for entertaining.Upstairs, you will find three additional spacious bedrooms that provide the perfect setup for a growing family, a dedicated home office, or comfortable guest quarters. This property effortlessly delivers the crisp, modern aesthetic of a fresh build with the immediate convenience of a truly finished, turn-key home.
Offering 1,524 sq. ft. of living space on a large corner lot across from the park, this 3-bedroom, 2.5-bath Rio Rancho home delivers the space and flexibility that can be hard to find in this price range. The main level features a spacious kitchen, dedicated dining/flex room, comfortable living area and convenient half bath, creating an easy layout for everyday living and entertaining.Upstairs, the generously sized primary bedroom includes a private bath and walk-in closet, while two additional bedrooms share a second full bath. Outside, enjoy a covered patio, backyard access and an approximately 0.19-acre lot with room to make the outdoor space your own. An attached 2-car garage adds everyday convenience and additional storage.Located in Rio Rancho's North Hills community, this home combines 3 bedrooms, 2.5 baths, 1,524 sq. ft., a 2-car garage, corner-lot setting and park-front location in one appealing package. See it in person and discover just how much space 1833 Strawberry Drive NE has to offer.
Welcome to this turn-key well maintained home! You will love the large rooms with flexible use of the spaces. The primary bedroom is downstairs. An upstairs bedroom has a separate entrance. The loft is a great space for your family/hobby room, office or make it a 5th bedroom. Home is updated with all new carpet in the bedrooms and LVP flooring in the living areas and fresh paint throughout including the kitchen, laundry and bathrooms cabinets. Just add your own accent colors! New updates include lighting/fans, outdoor lighting, garage door opener, garbage disposal, downstairs toilets, bathroom faucets, hardware on all the doors and new smoke/CO detectors. The front and backyards are attractively xeriscaped for easy care. The large lot has backyard access, some mountain views and room for gardening, gatherings, toys and storage. This is perfect for your next home!
D R Horton Sequoia Model in Northern Meadows! Formal living area and dining, spacious open kitchen overlooking family room. The kitchen has island, large pantry, solid surface counter tops, breakfast nook and stainless appliances. Family room features gas fireplace. Primary bedroom has separate tub and shower, double sinks and walk-in closet. Ceramic tile floors in wet areas and laminate wood flooring in living room, dining room and family room. Carpet in all bedrooms. Fully landscaped, covered patio, newer gas furnace, AC unit and water heater!
$5000 in buyers concessions. Welcome to 3603 Timberline Road, a beautifully maintained home nestled in a quiet Rio Rancho neighborhood. This inviting property features a bright, open floor plan with abundant natural light, high ceilings, and comfortable living spaces designed for modern living. Refrigerated AC. The kitchen offers ample cabinetry, generous counter space, and a functional layout perfect for everyday cooking or entertaining. The primary suite provides a peaceful retreat with a private bath and spacious closet. Additional bedrooms offer flexibility for guests, home office, or hobbies.Enjoy outdoor living in the private backyard, complete with a covered patio ideal for relaxing evenings or weekend gatherings. Conveniently located near shopping, schools, and parks, this home combines comfort, convenience, and value.
The Pino floorplan at Vista Sandia in Los Lunas, New Mexico offers the perfect balance of space, efficiency, and modern design. With approximately 1,501 square feet, 3 bedrooms, and 2 bathrooms, this single-story home is ideal for buyers looking to step up in size while maintaining affordability near Albuquerque. Prices and incentives are subject to change without notice, and the listed home price may already reflect all or a portion of the available incentive.
Welcome to this inviting 3-bedroom, 2-bathroom home located in the desirable Cabezon community of Rio Rancho. The open-concept floor plan creates a comfortable flow between the kitchen, dining area, and spacious living room, making it ideal for everyday living and entertaining. A cozy fireplace provides the perfect gathering place on cooler evenings. The well-designed layout offers privacy and functionality, with plenty of room to make the space your own. Conveniently located near shopping, restaurants, neighborhood parks, schools, and everyday amenities, this home combines comfort with an excellent location. Enjoy everything the Cabezon community has to offer and make this wonderful property your new home!
105 Latigo Trail SE, Rio Rancho
Nearly every surface has been touched and the big-ticket improvements are already done! This updated 3-bedroom, 2-bath, two-story home offers just under 1,600 square feet with a brand-new roof, newer furnace, refrigerated air and a water heater replaced in 2021.Inside, wood-look tile flooring means no carpet, while updated lighting and refreshed bathrooms carry the improvements throughout. The kitchen features granite countertops, stainless steel appliances, a five-burner gas cooktop, microwave, deep single-basin sink and walk-in pantry. Granite window sills add another polished detail.Upstairs, the primary suite comes with an unexpected bonus--a mountain view right from the bedroom.The fully landscaped backyard is already finished with low-maintenance turf, block wall and no home directly behind the property. The finished garage with opener checks another box.And then there's the location. Rio Rancho Marketplace is just across the way, putting Albertsons, Target, pet supplies, dining and everyday services remarkably close by. With the cosmetic updates complete, major systems addressed and a new roof overhead, this is a home where the to-do list has already been handled.
Located in River's Edge III! This charming Single Story Home boasts Three Bedrooms. Two Baths. The two large living areas allow for Entertaining guests or simply unwinding with loved ones. The kitchen Offers Ample Cabinet and Counter space with a delightful breakfast nook and an oversized pantry/storage room. The primary bedroom features an ensuite bathroom for added privacy and convenience. Enjoy entertaining in the backyard with a charming courtyard, extra storage space, and a large Lot . A Great Place to Call Home!
Go through the gate in the back privacy fence and see your 'Secret Garden'.A climate-controlled sunroom featuring a built-in wet bar lets you enjoy outdoor views year-round in total comfort. Step outside to a spacious backyard with direct gate access to a quiet neighborhood park--creating a seamless indoor-outdoor lifestyle. For moments of stillness, a dedicated, finished meditation studio offers the ultimate private escape, while an integrated SOLAR system delivers modern energy efficiency and year-round savings.Enjoy the perfect blend of serenity and convenience, located just minutes from local shopping, dining, and a quick 8-minute commute to Intel.Don't miss your opportunity to own this New Mexico paradise where modern living meets natural beauty. Call today to schedule your private tour!
Welcome to 54 Acadia Court SE, where comfort, functionality and stunning Sandia Mountain views come together in one convenient location! This beautifully maintained home offers NO HOA, a spacious floor plan and an impressive list of recent upgrades. Featuring three bedrooms, two bathrooms, a separate dining room and two inviting living areas, there's plenty of space to relax, entertain and enjoy easy indoor-outdoor living. The kitchen has been refreshed with recently painted cabinets (2026), new flooring (2026 - completely replaced with the same type), a new sink (2026) and a stainless steel refrigerator and stove (2025). Additional major improvements include a new roof (2025), refrigerated air and furnace (2025) and water softener (2025), new shed roof and paint (2026) and painted cabinets in the primary bathroom (2025). When you aren't enjoying all this home offers indoors, step outside to your own backyard retreat and take in the spectacular Sandia Mountain views. The backyard features a new pergola and outdoor furniture (in 2025, both yours to keep!!), creating the perfect setting for your morning coffee or tea, evening gatherings or simply enjoying the beautiful New Mexico sunshine and sunsets. Backyard access and a shed with new shingles (2026) provide convenient storage for all your outdoor gear, tools and toys. With thoughtful updates, versatile living spaces, mountain views and no HOA, this home offers an exceptional blend of comfort, convenience and New Mexico charm. Come see all that 54 Acadia Court SE has to offer and make this beautiful house your next home!
1609 Blue Quail Ct NE is a 1-story Rio Rancho home built in 1989. The kitchen includes wood cabinetry, dark countertops, and stainless steel appliances arranged around a central island, with wood-look flooring throughout. The main living area features a fireplace with a wood mantel that anchors the room, adding warmth and ambiance. The primary bedroom includes a walk-in closet with wire shelving for storage and organization, and the adjoining bathroom pairs a single sink vanity with a tiled tub and shower combo. Outside, a covered patio opens onto a fully fenced backyard for outdoor use. An attached 2-car garage provides covered parking at the front entry. Clean interior finishes and a functional layout complete this single-story home. Included 100-Day Home Warranty with buyer activation
Step into a home designed for comfortable living and ultimate versatility! The heart of this home is a impressively large living room that offers endless options for entertaining or simply relaxing. Adjacent to the main area, a dedicated flex room easily adapts to your lifestyle whether you need a dedicated work-from-home office, a second living area, or a playroom. Come see this amaziong home today!The primary suite serves as a spacious sanctuary, large enough to comfortably accommodate king-sized furniture with room to spare. Outside, step onto an expansive lot featuring a huge backyard with endless potential for outdoor living, gardening, or weekend get-togethers. As an added bonus, the outdoor storage shed stays with the home, giving you all the extra room you need for tools, lawn equipment, and seasonal gear. Conveniently located near local amenities, shopping, and major commuter routes, don't miss out on this incredible opportunity!
Welcome to this charming 4-bedroom, 2.5-bath home in the sought-after Enchanted Hills neighborhood! This inviting two-story home features an open floor plan with a spacious family room flowing into the dining area and kitchen, complete with a large island offering generous prep space and views of the expansive fenced backyard. A versatile bonus room and convenient powder room are located just off the kitchen. Upstairs, the spacious primary suite features an en-suite bath, while two additional bedrooms share a full bath.Enjoy beautiful drive-up views of the Sandia Mountains and the peaceful surroundings Enchanted Hills is known for. Recent updates include fresh interior paint, new blinds, a new water heater (2025), new EV charger (2025), expanded back patio, and a newer shed (2024). The home is also enrolled in a PNM program offering lower electricity rates during certain times of day/night. Conveniently located near shopping, dining, and an easy commute to nearby military installations, this home offers comfort, functionality, and a wonderful location.
Welcome home to this beautifully maintained 3-bedroom, 2-bathroom single-story residence situated on a generous 0.23-acre lot. The inviting floor plan features a bright living room with vaulted ceilings that flows seamlessly into the kitchen and dining area, creating the perfect space for everyday living and entertaining. The kitchen offers ample cabinet and counter space, a center island, and stainless steel appliances. The private primary suite provides a comfortable retreat with an en-suite bathroom, while two additional bedrooms and a full guest bath offer flexibility for family, guests, or a home office. Outside, the oversized lot provides plenty of room to relax, garden, or create your ideal outdoor living space. The HOA handles front yard landscaping, irrigation, and routine maintenance, offering added convenience and ease of ownership. Don't miss this opportunity to own a well-cared-for home featuring a brand new roof and refrigerated air! Schedule your private showing today!
Located in the desirable Northern Meadows Subdivision, 348 Soothing Meadows Dr NE offers 2,158 square feet of well-maintained living space with 3 bedrooms and 2.5 bathrooms, a loft, open floorplan and balcony perfectly positioned to capture beautiful views of the Western Sunsets. This thoughtfully cared-for home welcomes you with a functional layout designed for comfortable everyday living and easy entertaining. The spacious living areas flow seamlessly, while the windows invite natural light. The kitchen, dining and breakfast spaces provide the ideal setting for gatherings, and the generous bedrooms offer flexibility for family, guests, or a home office. Well kept, newer tile flooring, newer fixtures and move-in ready, this home presents an excellent opportunity for new owners looking for comfort and a prime location in Rio Rancho.
Welcome to this beautiful 3-bedroom, 2-bath home in the sought-after Cleveland Heights community of Rio Rancho. Designed for comfortable living and effortless entertaining, this inviting home features an open-concept floor plan with an abundance of natural light throughout. The spacious living areas flow seamlessly into the kitchen and dining spaces, creating a warm and welcoming atmosphere for everyday living or hosting guests. The home also offers the benefits of solar, providing an energy-conscious feature for today's homeowner. Step outside to an inviting backyard designed for relaxation and enjoyment. With thoughtful backyard upgrades and a private hot tub, this outdoor space is perfect for unwinding after a long day, enjoying morning coffee, or entertaining friends and family. Centrally located, this home offers a wonderful combination of comfort, style, outdoor living, and community. Don't miss the opportunity to make this beautiful Cleveland Heights home your own!
Welcome to this charming home full of character and warmth. Featuring 3 bedrooms and 2 bathrooms, this inviting property offers a cozy and comfortable layout that feels instantly welcoming the moment you step inside.This home showcases vaulted ceilings in the living room and dining room. The living spaces are warm and inviting, perfect for relaxing evenings or gathering with family and friends.With three versatile bedrooms, there is plenty of room for family, guests, a home office, or creative space.If you're looking for a home with personality, comfort, and charm, this property is a must-see.The home had a new TPO roof installed in 2024. Also has refrigerated air for these hot summer days.
Welcome to River's Edge. Ask about the seller's point buy-down offer! This well maintained, freshly painted home has updated kitchen appliances, a breakfast nook and a full dining room flowing into a large living room and then on to the ample bedrooms. Plumbing has been updated to remove Polybutylene water lines. Newer roof, HVAC and water heater for peace of mind and a large, two car garage with room for a workspace. Out back there's both covered and open patios with nice views of the Sandia and Manzano mountains. Leave the clean, graveled landscaping as is for low maintenance living or flesh things out with additional xeriscaping. Easy access to the North Bosque Trail leading to miles of Rio Grande birding, hiking or biking.
If you are looking for a well priced, maintained home with updates throughout.This home is for you! Contact your favorite Realtor to schedule a viewing today.
PRICE REDUCTION! This is a beautifully updated home with numerous recent improvements, including a brand-new water heater, new appliances, new granite countertops, recently painted interior, an updated primary shower, new toilets, and new light fixtures. Upstairs, the spacious primary suite features a large walk-in closet, updated bathroom, and private fireplace, two brand-new oversized evaporative coolers, along with a large loft and oversized upstairs patio with generous outdoor space. One of the spare bedrooms also offers a walk-in closet. The home also offers a large, well-maintained backyard, attractive curb appeal, and exterior stucco and paint that were recently completed and remain in excellent condition. With extensive recent updates, spacious living areas, this home is a fantastic opportunity and ready for its next owner, COME QUICK--WILL NOT LAST LONG.
Better than new! This home shows immaculate and is loaded with upgrades. Come see this light and bright open floor plan. Stylish granite countertops and lots of beautiful white cabinets. Large granite island transitions the kitchen and dining. Exquisite tile flooring throughout. Tall ceilings and lots of big windows provide light and spacious feel. The master bedroom retreat features his and her closets, granite double vanity and tile floors. The living room features a cozy fireplace, tile flooring and transitions nicely to the spacious backyard patio for outdoor living and easy to maintain backyard. Location, Location, Location, be close to restaurants, shopping and employment. Other upgrades include LED lighting, Low E dual pane windows, programmable thermostat, 95% energy efficient tankless water heater, designer garage door. This is not in a 55+ community.
Welcome to this meticulously maintained, fully updated home in The Esplanade, a 55+ age-restricted community in the heart of Rio Rancho near shopping, dining, and medical facilities. HOA dues cover front yard landscape, irrigation, and maintenance of the community's common areas and pathways. Sunlight pours through the open floorplan, giving every room a clean, crisp, and cheerful feel. Solid surface flooring runs wall to wall -- no carpet anywhere! The kitchen shines with modern appliances, abundant storage, and generous counter space that makes meal prep a pleasure. Three bedrooms plus a sunroom with a closet offer flexible space for a home office, art studio, or den, and newer air conditioning and a newer water heater round out the recent updates. Step outside to a courtyard with pergola and a back patio bordered by a garden area -- multiple beautiful spots to relax, unwind, and share special moments with friends and family. All appliances convey for your convenience, and every major update is already done, so all that's left is to move in. Schedule your showing today -- welcome home!
Welcome to the highly coveted River's Edge 1 neighborhood, offering convenient access to both Rio Rancho and Corrales, with nearby parks, walking paths, and trails just moments away. Inside, you're greeted by a wall of natural light drawing your eye to the three-tier backyard, set on just over a quarter acre with no rear neighbor, convenient side yard access, and added separation to the west thanks to the adjoining alley. Enjoy cooking on the induction stove surrounded by granite countertops and updated cabinetry while staying connected to guests in the adjoining dining room. Step into a light-filled flex space that sparks the imagination, whether you envision a coffee bar, wine room, sports lounge, or hobby space, with nearby plumbing offering room to bring your vision to life.Thoughtful updates including newer windows, flooring, refrigerated air, and water heater let you focus on simply enjoying the home!
6384 Red Falcon Drive NE, Rio Rancho
6384 Red Falcon Dr NE is a one-story Rio Rancho home built in 2019 with three bedrooms and two bathrooms across roughly 1,649 square feet. The kitchen anchors the open floor plan with a center island, stone countertops, dark cabinetry, and a full stainless steel appliance package, flowing into the living and dining areas beneath tray ceilings. The primary suite includes a walk-in closet, a dual-sink vanity, and a separate walk-in shower, while the secondary bathroom has a tub-and-shower combination. Plank flooring runs through the main areas, with a dedicated laundry room nearby. Outside, a covered patio and low-maintenance yard, plus an attached two-car garage, complete this well-maintained residence with practical amenities throughout. Included 100-Day Home Warranty with buyer activatio
Seller offering closing cost credit with acceptable offer! Located in the award winning Mariposa community offering an exceptional combination of space, privacy, and convenience. The thoughtfully planned layout and private walled courtyard create a peaceful setting that feels tucked away from neighboring homes.Inside, soaring ceilings, abundant recessed lighting, and wood-look tile flooring enhance the bright, open-concept living area. The spacious great room is centered around a warm fireplace and flows effortlessly into the dining area and beautifully appointed kitchen, complete with granite countertops, stainless-steel appliances, a gas cooktop, generous cabinetry, and an oversized island with additional seating. A rare and versatile feature of this home is its two private primary suites, making it ideal for guests, multigenerational living, or anyone seeking additional separation and privacy. The main primary retreat includes a spacious bathroom with a soaking tub, separate walk-in shower, dual-sink vanity, and an impressive walk-in closet. Additional upgrades include a tankless water heater and recently sealed grout throughout the home.Outside, the brand-new built-in BBQ grill has never been used and is ready for its first cookout, adding even more appeal for entertaining and enjoying New Mexico's beautiful weather. For added convenience and peace of mind, the home also features a built-in Taexx system for ongoing pest and termite treatment.Best of all, the home is within walking distance of the Mariposa Community Center, where residents can enjoy indoor and outdoor pools, a fully equipped fitness center, movement studio, social spaces, parks, and nearby walking and biking trails. The Screaming Coyote restaurant is also just steps from the community center, making it easy to enjoy dinner and drinks close to home. This is more than a beautiful home it's an opportunity to enjoy the lifestyle and amenities that make Mariposa such a special place to live!
Daria Derebera
Real Estate Broker in Albuquerque, NM
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