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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178 Properties
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Located in the heart of Rio Rancho close to all amenities. Large .27 acre lot on a cul-de-sac. Remodeled kitchen with contemporary white cabinets. Oversize laundry room with a convenient 1/2 bath* 2 extra large living areas and/or formal dining. Big Backyard has VINYL FENCING. Big storage shed and green house. Front yard is easy care* If you want room without HOA or PID this is the house for you!

3
BEDS
3
BATHS
2,321
SQFT
0.27
ACRES

Discover the Bisbee by LGI Homes at Estrella at High Range, a charming single-story home designed with space, comfort, and functionality in mind. Featuring three bedrooms, two full bathrooms and an open-concept layout, the Bisbee offers the perfect setting for making memories with family and friends. From the spacious living room to the separate dining area and chef-inspired kitchen, every detail of this home was crafted to suit your lifestyle. Whether you're hosting dinner or enjoying a cozy night in, this thoughtfully designed layout makes it all easy and enjoyable.With modern finishes throughout and plenty of space to unwind, the Bisbee delivers exceptional value and comfort in the beautiful new community of Estrella at High Range.

3
BEDS
2
BATHS
1,553
SQFT
0.15
ACRES

Discover the Bisbee by LGI Homes at Estrella at High Range, a charming single-story home designed with space, comfort, and functionality in mind. Featuring three bedrooms, two full bathrooms and an open-concept layout, the Bisbee offers the perfect setting for making memories with family and friends. From the spacious living room to the separate dining area and chef-inspired kitchen, every detail of this home was crafted to suit your lifestyle. Whether you're hosting dinner or enjoying a cozy night in, this thoughtfully designed layout makes it all easy and enjoyable.With modern finishes throughout and plenty of space to unwind, the Bisbee delivers exceptional value and comfort in the beautiful new community of Estrella at High Range.

3
BEDS
2
BATHS
1,553
SQFT
0.15
ACRES

Discover the Bennett by LGI Homes at Estrella at High Range, a thoughtfully designed single-story home offering three spacious bedrooms, two full bathrooms, and an open-concept layout perfect for you and your family's lifestyle. From the moment you step inside, you'll love the flow between the living, dining, and kitchen areas--ideal for both entertaining and everyday living. With stylish finishes, modern upgrades, and a spacious covered porch, the Bennett combines comfort, charm, and functionality in one beautiful package.Whether you're hosting friends or relaxing with family, the Bennett provides the space, style, and features to suit your needs. Make your move to Estrella at High Range and find the perfect place to call home.

3
BEDS
2
BATHS
1,293
SQFT
0.33
ACRES

Discover the Bennett by LGI Homes at Estrella at High Range, a thoughtfully designed single-story home offering three spacious bedrooms, two full bathrooms, and an open-concept layout perfect for you and your family's lifestyle. From the moment you step inside, you'll love the flow between the living, dining, and kitchen areas--ideal for both entertaining and everyday living. With stylish finishes, modern upgrades, and a spacious covered porch, the Bennett combines comfort, charm, and functionality in one beautiful package.Whether you're hosting friends or relaxing with family, the Bennett provides the space, style, and features to suit your needs. Make your move to Estrella at High Range and find the perfect place to call home.

3
BEDS
2
BATHS
1,293
SQFT
0.33
ACRES

Discover the Bennett by LGI Homes at Estrella at High Range, a thoughtfully designed single-story home offering three spacious bedrooms, two full bathrooms, and an open-concept layout perfect for you and your family's lifestyle. From the moment you step inside, you'll love the flow between the living, dining, and kitchen areas--ideal for both entertaining and everyday living. With stylish finishes, modern upgrades, and a spacious covered porch, the Bennett combines comfort, charm, and functionality in one beautiful package.Whether you're hosting friends or relaxing with family, the Bennett provides the space, style, and features to suit your needs. Make your move to Estrella at High Range and find the perfect place to call home.

3
BEDS
2
BATHS
1,293
SQFT
0.15
ACRES

Located in the desirable Vista Grande neighborhood of Rio Rancho, this like-new home offers comfort, style, and space to enjoy! Featuring an open-concept floor plan, this home boasts a bright living area, spacious kitchen with ample cabinetry and counter space, and a private primary suite designed for relaxation. Enjoy generously sized bedrooms, modern finishes, and and a blank-slate backyard ready for your personal vision and customization. Conveniently located near parks, schools, and shopping, this move-in ready home combines everyday functionality with inviting charm. No PID!

3
BEDS
2
BATHS
1,279
SQFT
0.13
ACRES

Come take a look at your forever home! This beautiful property features 3 bedrooms plus an office that could easily be used as a 4th bedroom, giving you plenty of possibilities. Located in the heart of Rio Rancho in Northern Meadows, you'll enjoy having all your nearby amenities just minutes away.

3
BEDS
2
BATHS
1,618
SQFT
0.15
ACRES

Discover the Bennett by LGI Homes at Estrella at High Range, a thoughtfully designed single-story home offering three spacious bedrooms, two full bathrooms, and an open-concept layout perfect for you and your family's lifestyle. From the moment you step inside, you'll love the flow between the living, dining, and kitchen areas--ideal for both entertaining and everyday living. With stylish finishes, modern upgrades, and a spacious covered porch, the Bennett combines comfort, charm, and functionality in one beautiful package.Whether you're hosting friends or relaxing with family, the Bennett provides the space, style, and features to suit your needs. Make your move to Estrella at High Range and find the perfect place to call home.

3
BEDS
2
BATHS
1,293
SQFT
0.33
ACRES

Built in 2023, this beautiful 3 bedroom, 2 bath home offers 1,314 square feet of modern comfort in a great Rio Rancho neighborhood. Enjoy a bright, welcoming interior, plus a landscaped backyard with a greenhouse ready for your next season of projects. Solar will be paid off at closing, giving you energy savings from day one. Conveniently located about 1.7 miles from Rust Medical Center, 4.7 miles to Intel, and 2.6 miles to A Park Above. Schedule a showing and come see your future home. Seller is offering $5k towards buyers point buy down or closing cost Seller is also open to Owner financing.

3
BEDS
2
BATHS
1,314
SQFT
0.12
ACRES

Welcome to 5773 Cosmo Court NE, where comfort, space, and functionality come together in a move-in ready home. Situated on a generously sized lot, this property offers plenty of outdoor space to relax, entertain, or create the backyard you've been dreaming of. Inside, the open floorplan creates a bright and welcoming atmosphere with seamless flow between the living, dining, and kitchen areas. The kitchen features beautiful countertops, ample workspace, and a layout designed for both everyday living and entertaining. Perfectly located for commuters, with convenient access to Santa Fe, Los Alamos, and only about 45 minutes from the ABQ Sunport. Warm, inviting, and well-maintained throughout, this home offers the perfect blend of livability and convenience in a growing Rio Rancho location.

3
BEDS
2
BATHS
1,503
SQFT
0.15
ACRES

Imagine your perfect easy-living in this charming one year old, single-story home! Located in the desirable Rainbow Canyon master-planned community by Centex offers comfortable, hassle-free living with all main areas conveniently on one level. Fully landscaped front and backyard. All newer appliances convey as is. This energy-efficient home features a bright open-concept layout that's easy to move through, beautiful granite countertops, and a covered patio perfect for morning coffee or quiet evenings. Nestled in a friendly, welcoming neighborhood with easy access to Albuquerque, shopping, dining, and medical services, this accessible home provides low-maintenance living in a peaceful setting. Priced to sell and ready to move in. come take a gentle tour and picture yourself at home here .

3
BEDS
2
BATHS
1,596
SQFT
0.16
ACRES

SELLER INCENTIVE AVAILABLE! Use this toward buyer closing costs, RATE BUY DOWN, or updates with an acceptable offer.Step into a home that combines comfort, space, and thoughtful upgrades in one of Cabezon's most desirable locations. This popular floorplan features a private PRIMARY suite ON THE MAIN LEVEL, tall ceilings, and an open living area filled with natural light from OVERSIZED WINDOWS.The kitchen and living spaces flow effortlessly, creating a warm and inviting atmosphere perfect for everyday living or entertaining. Whether hosting friends, relaxing at home, or gathering for dinner, the layout offers flexibility and plenty of room to spread out.The main-level primary suite provides added privacy and convenience, complete with a spacious WALK-IN CLOSET and relaxing JETTED TUB. Upstairs, the additional bedrooms also feature walk-in closets, giving everyone generous storage space. Upgraded stair railings, plantation shutters, and thoughtful finishes throughout add character and help set this home apart.One of the standout features is the attached 3-CAR GARAGE, offering valuable EXTRA SPACE for vehicles, storage, hobbies, or a workshop setup.Outside, enjoy established landscaping and a backyard designed for easy enjoyment. The retractable patio awning creates a comfortable shaded space for relaxing or entertaining, while the included storage shed adds even more functionality.Located in the established Cabezon community, you'll be close to parks, trails, shopping, dining, and neighborhood amenities while still enjoying the feel of a residential setting.Schedule your showing and take another look at everything this home has to offer.RECENT Roof maintenance completed June 2026.

3
BEDS
3
BATHS
2,132
SQFT
0.17
ACRES

Discover the Bennett by LGI Homes at Estrella at High Range, a thoughtfully designed single-story home offering three spacious bedrooms, two full bathrooms, and an open-concept layout perfect for you and your family's lifestyle. From the moment you step inside, you'll love the flow between the living, dining, and kitchen areas--ideal for both entertaining and everyday living. With stylish finishes, modern upgrades, and a spacious covered porch, the Bennett combines comfort, charm, and functionality in one beautiful package.Whether you're hosting friends or relaxing with family, the Bennett provides the space, style, and features to suit your needs. Make your move to Estrella at High Range and find the perfect place to call home.

3
BEDS
2
BATHS
1,293
SQFT
0.33
ACRES

Come see this lovely custom passive solar adobe home which is move in ready! Three bedrooms & two completely updated bathrooms. Primary bedroom features, walk-in closet, access to solar hallway & a private patio. Two large living areas featuring beamed ceilings, both Kiva & woodstove fireplaces. Brick & luxury vinyl flooring. Home maintains its older charms with the best modern updates. Kitchen includes beautiful quartz countertops, large pantry, & all new appliances, including dishwasher, refrigerator, stove, microwave, washer & dryer. Attach garage is oversize with lots of storage space. It has built-in shelves & a workspace. Low maintenance landscape in the front yard & a giant brick patio out back off of the solar hallway, plus backyard access. Nice size lot is .27 acres. Excellent

3
BEDS
2
BATHS
2,351
SQFT
0.27
ACRES

.68 Acre oversized fenced lot, 4 bedrooms, Refrigerated air, single story house in southern Rio Rancho!! Hard to find something like this under 400k in Rio Rancho. Tile flooring throughout entire house. Open kitchen and living area. 2 spacious bathrooms with extended counter space. Attached 2 car garage. This corner lot is great for someone who's looking for space and privacy. Lot was recently fully fenced.

4
BEDS
2
BATHS
1,527
SQFT
0.68
ACRES

Welcome to this very well maintained home that sits on a large lot and features a convenient circular driveway, finished 2 car garage, 3 spacious bedrooms, 2.5 bathrooms, comfortable kitchen breakfast nook, cozy stone fireplace in living room, master bathroom has been recently updated, newer windows, easy maintainable landscape in front and back and so much more! New Roof & Garage/Workshop in 2021, New water heater 2025, New Water Softener & New Carpet.

3
BEDS
3
BATHS
1,877
SQFT
0.29
ACRES

3.75% assumable rate! STUNNING TWO STORY WITH 3 BEDROOMS, A PRIVATE OFFICE AND VERSATILE LOFT DESIGNED FOR THE WAY YOU LIVE TODAY. This beautifully maintained Pulte home offers a bright, open floorplan filled with natural light and inviting spaces perfect for everyday living and entertaining. Upstairs, the spacious primary suite features a huge walk in closet, garden tub, double vanities and separate shower. A versatile loft and dedicated office make working from home easy, while secondary bedrooms offer beautiful Sandia views. Outside, enjoy a large corner lot, covered patio, gas stub and low maintenance yard perfect for relaxing evenings and gatherings. Schedule your showing today.

3
BEDS
3
BATHS
2,239
SQFT
0.17
ACRES

Spacious and inviting 3-bedroom, 2-bath home filled with an abundance of natural light. The updated kitchen features brand-new stainless steel appliances, sleek Corian countertops, and modern fixtures, creating a stylish and functional space for everyday living and entertaining. Both bathrooms have been refreshed with updated sinks, fixtures, and contemporary lighting. Updated carpet and laminate flooring, lighting, interior doors, along with fresh interior paint, give the home a clean, move-in-ready feel. Plus the shingles have been replaced on the roof as of 3/26! Situated on a generous half-acre lot, the outdoor space offers a blank canvas with endless possibilities to design your ideal landscape, garden, outdoor retreat or add a shed or workshop

3
BEDS
2
BATHS
1,716
SQFT
0.5
ACRES

Well cared for home in Northern Meadows. Brand new roof installed July 16, 2026. Beautiful unobstructed mountain views from the backyard and covered patio. Pride of ownership shows in this turn key property with newer scratch resistant vinyl plank flooring, stainless steel appliances, light fixtures, new heater and security system. Refrigerator, washer and gas dryer also convey with property. Home is 2075 sq/ft with 3 bedrooms, 2.5 baths and large loft area. Includes breakfast nook and dining area. Large attached garage with workshop area. Make this your home today!

3
BEDS
3
BATHS
2,075
SQFT
0.17
ACRES

Welcome to this beautifully updated home in the highly desirable Rio Rancho area--offering comfort, space, and freedom with no HOA. Inside, you'll find fresh paint and new carpet throughout, creating a clean, move-in-ready feel. The updated kitchen features granite countertops and ample space for cooking and entertaining, while the remodeled primary bathroom provides a modern, relaxing retreat.Major upgrades include a new roof and a new septic tank! New furnace, giving added peace of mind. The finished 2-car garage offers flexibility for storage, hobbies, or a workspace.Situated on over half an acre, this property provides rare space with convenient backyard access, a long driveway, and plenty of parking for vehicles, RVs, or toys. Go check this one out before it is gone

3
BEDS
2
BATHS
1,947
SQFT
0.59
ACRES

Discover the Bennett by LGI Homes at Estrella at High Range, a thoughtfully designed single-story home offering three spacious bedrooms, two full bathrooms, and an open-concept layout perfect for you and your family's lifestyle. From the moment you step inside, you'll love the flow between the living, dining, and kitchen areas--ideal for both entertaining and everyday living. With stylish finishes, modern upgrades, and a spacious covered porch, the Bennett combines comfort, charm, and functionality in one beautiful package.Whether you're hosting friends or relaxing with family, the Bennett provides the space, style, and features to suit your needs. Make your move to Estrella at High Range and find the perfect place to call home.

3
BEDS
2
BATHS
1,293
SQFT
0.19
ACRES

Discover the Bennett by LGI Homes at Estrella at High Range, a thoughtfully designed single-story home offering three spacious bedrooms, two full bathrooms, and an open-concept layout perfect for you and your family's lifestyle. From the moment you step inside, you'll love the flow between the living, dining, and kitchen areas--ideal for both entertaining and everyday living. With stylish finishes, modern upgrades, and a spacious covered porch, the Bennett combines comfort, charm, and functionality in one beautiful package.Whether you're hosting friends or relaxing with family, the Bennett provides the space, style, and features to suit your needs. Make your move to Estrella at High Range and find the perfect place to call home.

3
BEDS
2
BATHS
1,293
SQFT
0.19
ACRES

The home is under Construction. The home is 3 bedrooms, and 2 full baths. Open floor plan with a spacious living area that flows into the dining room and kitchen. Ideal for everyday living and entertaining. The kitchen has builder upgrades and plenty of counter space and cabinet space. The primary suite has a private bath and ample closet space. Conveniently located near shopping, dining, and local amenities. Make it yours today!

3
BEDS
2
BATHS
1,442
SQFT
0.06
ACRES

The Sophia is a well-designed one-story new home floorplan in Rio Rancho, New Mexico-- where convenience meets charm. Offering 3 bedrooms, 2 bathrooms, and a 2-car garage 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, and the generous living space is perfect for winding down or welcoming company.

3
BEDS
2
BATHS
1,420
SQFT
0.13
ACRES
$341,015

3652 Queen Court: Discover the perfect balance of open space and functional design in this brand-new, 2-story-attached home featuring the popular Amethyst floor plan, this home is situated in a prime location directly across from King Meadows Park. This version of the Amethyst plan offers 3 spacious bedrooms and a large upstairs loft, perfect for a home office, gym, or second living area. Designed for the home chef with granite countertops & stainless-steel appliances. NM Build Green Gold Certified, ensuring your home is energy efficient & built to the highest environmental standards. Includes a 2-car garage, a dedicated laundry area, and easy-to-maintain yards so you can spend your weekends enjoying the park.Call for your private tour.

3
BEDS
3
BATHS
1,761
SQFT
0.06
ACRES

Fantastic single level floor Plan with lots of natural light and 4 bedrooms. Spacious kitchen with breakfast nook area is open to the living dining room. Lots of counter and cabinet space plus a pantry. Primary bedroom has a walk in closet and a large primary bathroom. Roof was replaced 2023. Enjoy easy care outdoor living with a covered back patio and views from the back yard! Seller enjoyed watching Balloons land right behind the home. Lovely area with quick access to Unser and NO HOA.

4
BEDS
2
BATHS
2,148
SQFT
0.18
ACRES

Exceptional views from this one-owner Pulte home located in the desirable Lomas Encantadas at Enchanted Hills. This property offers custom backyard landscaping, refrigerated air, a water softener, and Hunter Douglas blinds. The kitchen features GE Profile appliances, maple cabinetry, and 18-inch ceramic tile flooring, which continues through the entry, utility room, and bathrooms. The owner's suite includes bay windows with expansive views, a tray ceiling, a large walk-in closet, and a five-piece bath with a custom walk-in tub. Finished garage with remote openers. Conveniently located near I-25, the Rail Runner, medical facilities, grocery stores, shopping, and schools.

3
BEDS
2
BATHS
1,680
SQFT
0.13
ACRES
Daria Derebera Realtor

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-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.