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Homes Under $500K in Rio Rancho

Search homes under $500,000 in Rio Rancho, New Mexico. This price range opens up move-in ready options across a wide variety of neighborhoods, styles, and sizes.

Showing 151 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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Discover a gem in the heart of Mountain Hawk! This beautifully designed home combines comfort with cutting-edge smart home technology. Enjoy sipping your morning coffee on the charming covered porch while you admire stunning views of the Sandia Mountains. Stay eco-friendly and save on energy costs with fully owned solar panels. The spacious garage is outfitted with LED lights and helpful storage racks, ensuring that everything has its place. Additionally, a security system is included for your peace of mind. This wonderful opportunity to own a home in a fantastic area won't last long!

4
BEDS
2
BATHS
1,718
SQFT
0.12
ACRES

Why wait to build? Completed in 2024, this move-in ready Rio Rancho home offers modern style, flexible living spaces, and mountain views without the wait. A dramatic two-story entry with soaring ceilings welcomes you into an open-concept floor plan filled with natural light. The spacious kitchen features granite countertops, a large island with bar seating, walk-in pantry, and seamless flow to the living and dining areas. Offering 3 bedrooms plus a flexible office or 4th bedroom and an oversized loft, there's room for every lifestyle. The private primary suite boasts a walk-in closet, mountain views, and balcony access. Outside, enjoy a low-maintenance backyard with turf, covered patio, hot tub pad, and space to relax or entertain. Stylish, nearly new, and move-in ready!

3
BEDS
3
BATHS
2,386
SQFT
0.13
ACRES

Welcome to your own peaceful retreat in the desirable Mariposa high desertcommunity! This beautifully maintained 3-bedroom, 2-bath home offers the perfectblend of comfort, efficiency, and Southwest charm.Enjoy spacious living with a 3-car garage, a cozy gas fireplace, and an open, invitingfloor plan designed for everyday living and entertaining. Energy-efficient solar panelshelp keep utility costs remarkably low, with the electric bill averaging just $17 per month.Outside, you'll find low-maintenance Southwest landscaping, allowing youto spend more time enjoying the tranquil surroundings and less time on yard work.Nestled in a quiet neighborhood, this home offers a peaceful atmosphere whileproviding access to the community pool for relaxation.

3
BEDS
3
BATHS
1,897
SQFT
0.15
ACRES

Modern, All-Electric & 1/2 Acre Rio Rancho New Construction! Welcome to the Santa Fe Plan by Amreston Homes. Sprawl out in this 1,888 sq. ft., 4-bed, 2.5-bath home blending space, Build Green NM standards, and immense all-electric efficiency. The bright, 9' ceiling open layout features granite counters, main-area tile, and 2'' white faux blinds. The kitchen boasts a large island, walk-in pantry, and premium cabinetry upgraded with dovetail, soft-close drawers and sleek satin nickel hardware. This home also has a great sized covered patio, soft water readiness, and a hot water recirculation pump. Sited on a 1/2-acre lot, it includes 200 linear feet of block wall with massive space for your RVs/ATVs. Est. completion November 2026. Tour today!

4
BEDS
3
BATHS
1,888
SQFT
0.5
ACRES

Modern, All-Electric New Construction on a 1/2 Acre! Welcome to the Olive Plan by Amreston Homes. Discover the perfect balance of size, efficiency, & outdoor freedom in this 1,523 sq. ft., 3-bedroom, 2-bathroom home. Built to the standards of NM Build Green, this fully all-electric design delivers immense energy efficiency & long-term utility savings. Step inside to a bright, open-concept layout accented by granite countertops throughout, durable tile flooring spanning the main living spaces, & a cohesive design package featuring striking black hardware, lighting, fixtures & 2'' white faux wood blinds throughout. Situated on a sprawling half-acre lot, this property includes 200 linear feet of block wall, leaving you ample space to park your RVs, ATVs, & outdoor toys. Call and tour today!

3
BEDS
3
BATHS
1,523
SQFT
0.5
ACRES

Modern, All-Electric & 1/2 Acre Rio Rancho New Construction Home ~ Welcome to the San Juan Plan by Amreston Homes: This 1,651 sq. ft. all-electric home blends immense energy efficiency with Build Green NM construction. Home is situated on a half-acre lot with low-maintenance front yard landscaping, with 200 linear feet of block wall included, and ample room for RVs/ATVs. The open concept home features kitchen with island, stainless steel appliances, & upper/lower cabinetry. Granite countertops span throughout the entire 3-bed, 2.5-bath layout. Modern color palette finishes, great sized covered patio, soft water readiness, and a hot water recirculation pump. Live efficiently, live boldly. Call today for your exclusive showing.

3
BEDS
3
BATHS
1,651
SQFT
0.5
ACRES

Welcome to this spacious home located in Enchanted Hills offering views of the Sandia mountains, 4 bedrooms, 3 car garage, refrigerated air, and RV/side parking! This functional layout provides comfortable living space with great natural light. Step outside to a lovely backyard with a covered patio, and low maintenance landscaping. Conveniently located near shopping, dining, schools and parks. Come check out this spacious house today!

4
BEDS
3
BATHS
2,211
SQFT
0.22
ACRES

Welcome to Amreston's San Juan Plan: This 1,651 sq. ft. all-electric home blends immense energy efficiency with NM Build Green construction. Home is situated on a half-acre lot with low-maintenance front yard landscaping, with 200 linear feet of block wall included, and ample room for RVs/ATVs. The open concept home features kitchen with island, stainless steel appliances, & upper/lower cabinetry. Granite countertops span throughout the entire 3-bed, 2.5-bath layout. Modern color palette finishes, great sized covered patio, soft water readiness, and a hot water recirculation pump. Live efficiently, live boldly. Call today for your exclusive showing. Estimated Completion October 2026.

3
BEDS
3
BATHS
1,651
SQFT
0.5
ACRES

Imagine swimming year-round in your own sun-filled indoor heated pool, surrounded by walls of windows that bring in natural light and create a space designed for relaxation, exercise, and everyday enjoyment. This single-story home backs to open space, offering privacy, sunset skies, and Sandia Mountain views from the pergola-covered patio. Recent updates include new carpet, replaced poly pipes, refrigerated air, solar, and updated kitchen and baths. The attached 2-car garage, backyard access, and 50-amp RV service add flexibility for hobbies, vehicles, and storage. Conveniently located near Rio Rancho High School, High Resort Park, walking trails, dog park, sports fields, shopping, dining, and Target.

3
BEDS
2
BATHS
1,994
SQFT
0.26
ACRES

Modern, All-Electric & 1/2 Acre Rio Rancho New Construction home: Welcome to the Olive Plan by Amreston Homes. Discover the perfect balance of size, efficiency, and outdoor freedom in this stunning 1,523 sq. ft., 3-bedroom, 2-bathroom home. Built to the standards of NM Build Green, this fully all-electric design delivers immense energy efficiency and long-term utility savings. Step inside to a bright, open-concept layout accented by sleek granite countertops throughout and durable tile flooring spanning the main living spaces. Situated on a sprawling half-acre lot, this lot features and includes 200 linear feet of block wall with ample space for you to bring your RVs, ATVs, and outdoor toys. Call today about your exclusive showing/tour. Estimated completion October 2026.

3
BEDS
2
BATHS
1,523
SQFT
0.5
ACRES

Welcome to this immaculately maintained home in one of Rio Rancho's growing and desirable communities! Situated on a spacious 1/2-acre lot, this property offers backyard access with plenty of room for RVs, trailers, toys, or future projects. Inside, you'll find a bright and inviting 4-bedroom, 2-bath floor plan with pitched ceilings, abundant natural light, and a 2-car garage. Recent upgrades include laminate flooring throughout (no carpet), Don's high-efficiency argon gas windows and sliding glass doors, newer kitchen countertops and sink, stove and dishwasher, plumbing fixtures, faucets, garage door opener, a 6-month-old water heater, and elastomeric exterior stucco paint. Move-in ready and full of value! No HOA, no PID. The property is on city water and septic tank. Come tour today!

4
BEDS
2
BATHS
1,893
SQFT
0.5
ACRES

Brand new, never-lived-in Silver-Creek II by Pulte. Modern tones and lots of light showcase this exceptional home. The Chef Kitchen sports a stainless 5-burner gas cooktop, wall oven and microwave, a pendant vent hood and dishwasher. Stunnign black, granite countertops make the waterfall edge island pop! Accented by a stylish tile backsplash adding a touch of contrast with the dark stained Dusk cabinets. The updated and expanded floor plan includes an added Den with French Doors for extra peace-and-quiet. Large-format ceramic tile flooring in all wet areas and Gathering Room look and feel amazing. No homes behind means great privacy. Built for extreme efficiency and comfort.

2
BEDS
2
BATHS
1,824
SQFT
0.15
ACRES

Discover the space and upgrades you've been looking for in this 2,113 sq. ft. Mariposa home featuring 5 bedrooms, 3 bathrooms, and a 3-car garage. The open kitchen is designed for everyday living and entertaining with stainless steel appliances, Premier cabinets with Shaker crown molding, Miami Vena Quartz countertops, and an Ice Gloss tile backsplash. Staggered tile flooring flows through the main living areas and walkways, creating a clean, upscale look. Step outside to a covered patio with a dry sauna and enjoy wide-open desert views from the backyard. Additional features include a tile roof, tankless water heater, and Samsung washer and dryer. Mariposa residents enjoy indoor and outdoor pools, a fitness center, and an easy commute to Albuquerque (25 minutes) or Santa Fe (45 minutes).

5
BEDS
3
BATHS
2,113
SQFT
0.17
ACRES

Beautiful Brand New Clayton Home will be ready for New Owner in August 2026. Home sits on one acre. Close to shopping and yet still feels like country living. Gorgeous views of mountains from back deck. Inside the City Limits of Rio Rancho. Home comes with four bedrooms, two baths, an open concept living room, large kitchen with a center island. Some of the other features are full set of Kitchen Appliances, Smart Thermostat, Refrigerated Air. Spacious owners suite with nice bathroom with separate tub and walk in shower. All of this plus a Two Car Garage. The Home is on a Permanent Foundation that qualifies for VA, FHA and Conventional loans.

4
BEDS
2
BATHS
1,791
SQFT
1
ACRES

Enjoy breathtaking views of the Sandia Mountains and sparkling city lights from this exceptional 3-bedroom, 2.5-bath home on private cul-de-sac. Featuring two living areas, a formal dining room, and a spacious kitchen with breakfast nook that opens to family room with fireplace. The dramatic entry showcases soaring cathedral ceilings, a wood-stained staircase, wood tile flooring and beautiful windows and skylights, offering abundant natural lighting throughout. The primary suite offers a private balcony with breathtaking views, along with en-suite bath featuring a separate jetted tub, walk-in shower and three walk-in closets. Generously sized secondary bedrooms, low maintenance landscaping, storage shed, stunning views and room to roam! Newer air units installed in 2024.

3
BEDS
3
BATHS
2,704
SQFT
0.23
ACRES

Beautiful custom home in the highly desirable, quaint La Paloma gated community of 19 homes. So close to shopping, dining, walking paths, hospitals, Intel and more! This stunning home features Venetian plaster walls, exposed beam ceilings, herring bone wood ceiling and stacked stone accents. Large kitchen with Sandia Mountain views, lovely cabinets and island. Cozy fireplace in living area with access to shady patio and fully landscaped yard. Luxurious primary bed and bath with gigantic walk in closet. Spacious 2 car garage with extra storage. Owned solar! Radiant and forced air heat, refrigerated air.

3
BEDS
2
BATHS
2,014
SQFT
0.15
ACRES

Comfort and luxury abound in this elegant 3BDR/2BA home! PREPAID PID! Gorgeous entry, light, bright & open! Tile flooring thru out entry, hallway, kit & din rm & 2nd BDR. Newer carpet in living room & primary bedroom (2025). Spacious living room features a custom tile design to the ceiling at gas fireplace. Modern kitchen has SS appls, built in-wall oven & micro, gas cooktop, LG refrig, pantry, cabinet crown molding, granite countertops & island/bar w/seating. Primary suite features recessed ceiling & custom closet w/addl drawers, shelving & cabinet storage. Primary bath has dual sink vanity w/granite countertops, water closet & linen closet. Amenities; Water softener, tankless WH w/recirc pump, rain gutters, window drapes & custom blinds in living room & primary bath. Starlink dish.

3
BEDS
2
BATHS
2,037
SQFT
0.14
ACRES

Full of light and life, this lovingly cared-for one-owner Enchanted Hills home offers space to gather, work, garden, and grow. Four bedrooms plus a versatile loft create flexible living for movie nights, creative pursuits, or a potential 5th bedroom. Step from the kitchen to a backyard retreat with a flagstone dining area, fire pit, fenced garden, producing fig tree, and exceptional privacy. Enjoy sunset skies from the primary balcony and Sandia Mountain views from the front bedrooms. Updated kitchen features quartz countertops, tiled backsplash, Kraus sink, pantry, and soft-close cabinetry. Featuring fresh carpet and paint, an insulated garage door, and a new roof in 2020. Close to parks, schools, shopping, and commuter routes. No HOA. No PID.

4
BEDS
3
BATHS
2,378
SQFT
0.17
ACRES
$404,900
+1,000$ 07/02

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

Welcome home to this meticulously maintained, energy-efficient gem -- where thoughtful design meets modern living. The heart of the home is a beautiful kitchen featuring crisp white cabinetry, an oversized island, abundant storage, large pantry, and premium stainless appliances -- including a 5-burner range with double convection oven and a seamless refrigerator with built-in craft ice maker. The open-concept living and dining areas flow seamlessly, making entertaining effortless. Primary bedroom boasts 2 walk in closets and large double vanity in en-suite bath.Step outside to your private backyard, fully landscaped and designed for year-round enjoyment with ample shade.Additional highlights include a spacious laundry room with utility sink, and overhead storage in the garage.

3
BEDS
2
BATHS
1,913
SQFT
0.15
ACRES

Welcome home to this spacious and versatile floor plan offering 3 bedrooms and dedicated office that could easily serve as a 4th bedroom. The generous living room provides plenty of space, while an additional flex room offers endless possibilities as a second living area, library, home gym, playroom, game room, or hobby space, designed to fit your lifestyle.Outside, you'll appreciate the low-maintenance xeriscaped yard, giving you more time to enjoy everything the area has to offer. Conveniently located near highly rated public schools, the aquatic center, library, and sports complex, this home combines comfort, flexibility, and an unbeatable location. Whether you're working from home, growing your family, or simply looking for extra space, this home is ready to meet your needs.

3
BEDS
2
BATHS
2,167
SQFT
0.16
ACRES

Single story 3-bedroom, 2-bathroom home in Northern Rio Rancho! Featuring a desirable open-concept floor plan, this home offers spacious living areas and abundant natural light. The kitchen opens seamlessly to the living and dining spaces, creating an ideal layout for everyday living and entertaining. Enjoy added privacy with no rear neighbors and a shaded backyard ready for relaxation or outdoor gatherings. Don't miss the 3 car tandem garage! Plus recent upgrades included Refrigerated AC. Located with no HOA, this property offers flexibility and freedom while remaining close to parks, schools, shopping, dining, and commuter routes. This area is rapidly growing and here is your chance to be near it all!

3
BEDS
2
BATHS
2,000
SQFT
0.19
ACRES

Check out this functionally practical residence at 2513 Milagro Ridge Ct NE, featuring a comfortable fireplace. The primary bedroom provides a substantial walk-in closet, and its bathroom features double sinks along with a relaxing jacuzzi tub. The exterior includes a covered patio, a fully fenced backyard, and a practical storage shed. This property combines comfort and utility in a well-appointed setting.

4
BEDS
3
BATHS
2,212
SQFT
0.18
ACRES

Discover modern luxury in this stunning 4-bedroom home featuring an open-concept design and upscale finishes throughout. The spacious kitchen boasts granite countertops, a large center island, and seamless flow into the main living area, creating the perfect space for entertaining. The private primary suite offers dual vanities and an oversized walk-in closet. Elegant tile flooring enhances the main living spaces, while plush carpeting adds comfort to the bedrooms. Complete with a 2-car garage and located in a desirable, growing community, this home combines style, functionality, and contemporary living. Schedule your private showing today!

4
BEDS
3
BATHS
2,067
SQFT
0.15
ACRES

Fall in love with this gorgeous, meticulously maintained home showcasing sweeping views of the Sandia Mountains! Located in the sought after Lomas Encantadas neighborhood, ideal for Santa Fe & Los Alamos Labs commuters! NEW in 2025: refrigerated air conditioning & furnace, NEW tankless water heater on demand, NEW carpet 2023! Discover open & spacious floor plan with a main floor master bedroom! Beautiful living & dining room! Plus a generous family room with gas log fireplace & wall of windows framing the mountain views! The large kitchen, offers a center island, gas cooktop, breakfast nook with views!! The backyard is delightful w/ a covered patio to enjoy the sweeping views of the mountains, water feature & fruit tree! Upstairs is a spacious loft + 3 large bedrms, & view balcony! NICE!

4
BEDS
3
BATHS
2,391
SQFT
0.14
ACRES
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

Southwest MLS Logo 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.