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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 137 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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Welcome to the Skylar floorplan by D.R. Horton. This beautiful 2 story home offers 4 bedrooms, 3 bathrooms, and 1936 square ft of thoughtfully designed living space! Enjoy a spacious open concenpt featuring an oversized family room and separate dining space perfect for entertaining and everyday living. Located in a convenient area close to great schools, shopping and dining, the Skylar offers comfort, functionality and value all in one! Ask me about current incentives, pricing and inventory today!

4
BEDS
3
BATHS
1,936
SQFT
0.11
ACRES

Welcome to this spacious 5-bedroom, 3-bath Rio Rancho home offering room for everyone and designed for comfortable living and entertaining. This two-story property features an open floor plan with abundant natural light, multiple living spaces, and a warm, inviting atmosphere throughout. The open kitchen provides ample cabinet and counter space and flows seamlessly into the main living and dining areas, making gatherings effortless. Enjoy cozy evenings by either of the two gas log fireplaces located in separate living areas, including a generous family room perfect for relaxing or entertaining. Spacious bedrooms, flexible living spaces, and a functional layout make this home ideal for everyday living. Conveniently located near parks, schools, shopping, and dining.

5
BEDS
3
BATHS
2,445
SQFT
0.67
ACRES

Welcome to the Rio Grande by D.R. Horton! This incredible home features 5 spacious bedrooms, 3.5 bathrooms, and a huge loft perfect for a growing family or extra entertainment space. The open concept layout is ideal for hosting friends and family, while the modern kitchen comes equipped with stainless steel Whirlpool appliances. Come see for yourself why this could be your perfect place to call home! Ask me about current inventory and incentives!

5
BEDS
4
BATHS
2,635
SQFT
0.1
ACRES

Turnkey and move-in ready! Built in 2022, this 3-bed, 3-bath Rio Rancho home is in great condition. Enjoy a modern kitchen with a large island, plus a cozy living room fireplace. All appliances stay: refrigerator, dishwasher, microwave, washer, dryer, and a built-in outdoor grill on the small back patio. Features include central air, propane heating, public water/sewer, and an attached 2-car garage.

3
BEDS
3
BATHS
1,804
SQFT
0.1
ACRES

Step into this beautifully maintained Pulte Home. Designed with both comfort and functionality in mind, this spacious home offers bright open concept layout connecting the kitchen, dinning, and living areas. The main level also features a versatile flex space along with a convenient office nook for working or studying at home. Upstairs you'll find a spacious loft, 2 secondary bedrooms and a private primary suite complete with large walk-in closet. Then as you step outside to a fully landscaped backyard, you have low maintenance turf, a large patio, and no direct neighbors behind for added privacy. This home is modern, functional and move-in ready offering the feel of new construction without the wait.

3
BEDS
3
BATHS
2,530
SQFT
0.13
ACRES

The Bosque floorplan at Lomas Encantadas Vistas in Rio Rancho, New Mexico is a thoughtfully designed single-story home that offers the perfect balance of space, comfort, and modern open-concept living. With approximately 1,649 square feet, 3 bedrooms, and 2 bathrooms, this home is ideal for buyers looking to step up in size while maintaining affordability near Albuquerque.Designed for everyday living, the home opens into a bright and connected great room, dining area, and kitchen, creating a seamless layout that enhances flow, functionality, and natural light. The open-concept design allows for easy entertaining while maintaining defined living spaces.At the center of the home, the kitchen features a spacious island and open sightlines, making it the focal point for gathering, cook

3
BEDS
2
BATHS
1,649
SQFT

4
BEDS
3
BATHS
2,345
SQFT
0.14
ACRES

Wake up to light dancing across the Sandias & end the day watching the sunset from your backyard. This 4-BR home offers room to gather while giving everyone their own private retreat. Heart of the home is the open kitchen & living area, where wall of windows frames the mtn view & fills the space w/light. Whether hosting friends or relaxing by the fire, this home feels warm & open. 1st floor primary suite is convenient & private & add'l 1st floor BR is ideal for guests/office. Upstairs 2nd living area offers space for hobbies, playroom or quiet place to unwind. The backyard is ready for your vision, offering the opportunity to create the outdoor retreat that fits your lifestyle. W/refrig air, 3-car GA & easy commute to Santa Fe, this home delivers space, flexibility & views.

4
BEDS
3
BATHS
2,667
SQFT
0.24
ACRES

Move-in ready and beautifully upgraded, this charming 3-bedroom, 2-bath home offers comfort, style, and convenience in a quiet neighborhood close to shopping, parks, and highly rated schools. The spacious primary suite features a large walk-in closet and a relaxing private retreat feel. Inside, you'll find gorgeous wood flooring and tile throughout, creating a warm and elegant atmosphere.The upgraded kitchen is perfect for everyday living and entertaining, featuring granite countertops, a large island bar for casual meals, and plenty of space for gathering with family and friends. Step outside to a completely landscaped backyard with a beautiful gazebo,the perfect place to relax or enjoy outdoor entertaining year-round. A spacious 2-car garage adds convenience and extra storage.

3
BEDS
2
BATHS
1,743
SQFT
0.13
ACRES

Experience elevated contemporary living in this stunning single-story home perfectly situated backing to a park, offering both privacy and beautiful open views. Designed with style and functionality in mind, this 3 bedroom, 2.5 bathroom home features an inviting open-concept floor plan filled with natural light and modern finishes throughout. The gourmet kitchen is the heart of the home, showcasing a large island, abundant cabinetry, and seamless flow into the spacious living and dining areas anchored by a cozy fireplace--ideal for entertaining or everyday comfort. The luxurious owner's suite is a true retreat with a spa-inspired bathroom featuring a freestanding soaking tub, separate walk-in shower, and not one, but two owner's closets. Additional highlights include a spacious 2 car

3
BEDS
3
BATHS
2,082
SQFT
0.19
ACRES

Lovely Southwestern-style home nestled in the heart of Rio Rancho with breathtaking views of the bosque, city lights, and surrounding mountains. This warm and inviting home features beautiful beamed ceilings, a classic kiva fireplace, and authentic Southwestern charm throughout. Offering four bedrooms and two full baths, there is plenty of space to relax and entertain. Enjoy the peaceful setting with open space directly behind the home, providing privacy and stunning sunsets right from your backyard. A truly special property that captures the beauty and spirit of New Mexico living.

4
BEDS
2
BATHS
2,651
SQFT
0.19
ACRES

Spacious & beautifully designed home w/4-bedrooms w/walk-in closets + office, 3.5 baths, a 21x10 loft & a oversized 2 car garage. High ceilings, abundant natural light & an open-concept layout create the perfect space for everyday living & entertaining. The primary suite is located on the main floor. The bathroom offers a double sink vanity, separate shower & a large garden tub. The kitchen features stainless steel appliances, granite, tile back splash a large pantry & large island w/bar seating, making for ample gathering space. A dedicated main level office offers work-from-home flexibility, while the oversized loft is ideal for a media room or 2nd living area. Enjoy energy-efficient PAID OFF SOLAR, many scenic walking trails, parks and lots of dining & shopping options near by!

4
BEDS
4
BATHS
2,746
SQFT
0.13
ACRES

Beautiful home in the desirable Loma Colorado community in Rio Rancho, known for walking trails, parks, and convenient access to schools, shopping, and dining. This 3-bedroom home features two living areas downstairs plus a home office that can serve as a potential 4th bedroom. Upstairs offers a bright loft--perfect as a second living space or game room. The spacious primary suite includes a garden tub, separate shower, and dual closet spaces. Kitchen features birch cabinets and granite countertops. Covered patio with gas line stubbed in for your BBQ--no propane needed. Backyard offers plenty of space to enjoy and make it your own. Tile roof, refrigerated air, and situated on a premium cul-de-sac lot offering added privacy and low traffic.

3
BEDS
3
BATHS
2,452
SQFT
0.13
ACRES

Beautifully maintained home conveniently located near shopping, dining, parks, and recreation. Enjoy Sandia Mountain views from the covered front patio overlooking the cul-de-sac. Filled with natural light, the open floorplan offers comfortable living and functional design throughout. Kitchen features granite countertops, stainless steel appliances, gas cooktop with vent hood, roll-out shelving, and generous storage. Great room boasts a tray ceiling, gas fireplace with mantle, and stacked stone surround. Spacious primary suite with oversized shower, soaking tub, and large walk-in closet. Covered back patio, landscaped backyard, tankless water heater, whole-house water filtration, wide hallways, gutters, alarm system, and tile flooring throughout main living areas. Welcome Home!

3
BEDS
3
BATHS
2,305
SQFT
0.18
ACRES

Gorgeous 5 Bedroom, 3 Bath Home in Desirable Milagro Ridge, this stunning 2 story single-family home sits on a quarter-acre lot with exceptional views. Boasting a thoughtful floor plan and modern finishes, it's perfect for entertaining and everyday living 5 bedrooms, 3 bathrooms Includes a bedroom and full bathroom on the main level for easy living, a 3-car garage for ample parking and storage. Features a gas log fireplace to add warmth and ambiance! Move in ready with new appliances!! A must see today!!!

5
BEDS
4
BATHS
2,659
SQFT
0.26
ACRES

Exceptional backyard living and views set this beautifully maintained Loma Colorado home apart! Designed for enjoying New Mexico living year-round, the backyard features fantastic landscaping, a gazebo, built-in grilling area, and raised garden beds. Inside, the great room seamlessly connects the kitchen, dining, and living areas, creating an inviting space for everyday living and entertaining. The kitchen offers a large island, custom backsplash, and plenty of workspace, while the corner fireplace adds warmth and character to the greatroom. This versatile floorplan includes 3 bedrooms plus a large loft, along with a main-level office/flex room perfect for guests, hobbies, play, or work. This home, location, and features are a gem!

3
BEDS
3
BATHS
2,593
SQFT
0.12
ACRES

Welcome to this spacious 5 bedroom home, located in the desirable Cabezon sub division. This single owner property boasts high ceilings, refrigerated air, 3 car garage, updated flooring, newer roof and much more. The large windows make this home feel bright and open. Floor-plan includes 4 bedrooms upstairs and an additional bedroom, laundry and 3/4 bath on the main level. Enjoy the covered patio in the backyard with built in charcoal grill. Located close to everything you could need and a short distance to a beautiful park, walking trails and community pool. NO HOA fees at this property. This home has been loved over the years and is ready for new owners! Come take a look at this beautiful place and make it your own!

5
BEDS
3
BATHS
2,596
SQFT
0.14
ACRES

Immaculate home in Rio Rancho with no HOA! Conveniently located within ~2 miles of K-12 schools, shopping, dining, and parks. This 4-bedroom home offers 2 spacious living areas and a chef-inspired kitchen perfect for gatherings. A key feature is the fully professionally landscaped backyard oasis, along with wood accent beams, a built-in bar, and an electric fireplace that add warmth and character. Enjoy added privacy with open space behind the home and beautiful Jemez Mountain views. Recent upgrades include a new metal roof, new water heater, new garage door, dishwasher, EV charger, pergola, and a hot tub that conveys. Close to the new City Centre and nearby park. Schedule your showing today!

4
BEDS
3
BATHS
2,218
SQFT
0.12
ACRES

Discover your dream home at 2813 Mesa Road, Rio Rancho, where comfort seamlessly meets style in every corner. This well maintained, light-filled residence boasts spacious rooms thoughtfully designed to accommodate modern living with ease and elegance. The home features a luxurious bathroom complete with high-end fixtures and finishes, providing a serene retreat after a long day. Adjacent to the bathroom, you'll find a generous walk-in closet offering ample storage space to keep your belongings organized and easily accessible.

4
BEDS
3
BATHS
2,604
SQFT
0.26
ACRES

Spacious 3,389 sq. foot two-story home featuring 4 bedrooms & 3 baths w/ a versatile floorplan & multiple living areas. Large kitchen offers abundant counter space & storage plus upgraded appliances including a gas cooktop, range & double convection ovens. Spacious primary suite features walk-in closets & ample room to unwind. Enjoy the large deck overlooking the backyard w/ oversized gates allowing vehicle access. Move-in ready w/ major updates already completed including roof (January 2020), AC unit (July 2020), owned solar installed (March 2022), & stucco completed (December 2023). Additional upgrades include central vacuum, gas fireplace blower, & 3 finished garages. HOA maintains the neighborhood with several parks just a short walk away, plus paved walking paths. Welcome home!

4
BEDS
3
BATHS
3,389
SQFT
0.2
ACRES

Beautiful 3-year-old Abrazo semi-custom built home, offering comfort, convenience, and thoughtful upgrades throughout. Charming curb appeal greets you with mature rose bushes and lush plantings. Inside, a spacious living room with a striking ceiling fan sets the tone for relaxing or entertaining. The upgraded kitchen brings modern style and everyday ease. The primary bath features dual showerheads, including a soothing rain shower for a spa like retreat. The finished backyard is perfect for gatherings, pets, or quiet evenings. Smart home features, a water softener, and EV ready wiring make this home truly move in ready with all the right updates. Great schools, and proximity to the Mac Athletic & Sandoval Regional Med Centers, make it ideal; so, come see this home today & make your own!

3
BEDS
2
BATHS
1,879
SQFT
0.13
ACRES

Discover this Fuller home featuring a great floor plan and stunning Sandia Mountain views from the backyard. Spacious layout with multiple living areas, abundant natural light, and a functional flow ideal for everyday living and entertaining. Kitchen opens to the main living space, creating a comfortable central hub. 3-car garage offers excellent storage and flexibility. Backyard provides incredible potential to create your own outdoor retreat and take full advantage of the views. A great opportunity to add personal touches and build equity in a desirable Rio Rancho location.

4
BEDS
3
BATHS
2,457
SQFT
0.21
ACRES

The Venice, a beautifully appointed 3-4 bedroom, 2.5-3 bath home offering 1,888+ square feet of thoughtfully designed living space, complete with a 2-3 car tandem garage for added flexibility and storage. The open-concept layout is designed with both comfort and functionality in mind, making it ideal for everyday living and effortless entertaining. The spacious chef kitchen serves as the heart of the home, featuring abundant cabinetry, generous counter space, and a premium appliance package option, perfect for hosting gatherings or enjoying quiet nights in. The kitchen flows naturally into the dining and living areas, creating an inviting and connected living space.

3
BEDS
3
BATHS
1,888
SQFT
0.12
ACRES

Welcome to the ''Inspiration.'' This beautifully crafted home offers 1,911 sq. ft. of thoughtfully designed luxury. Featuring 3 spacious bedrooms, 3 full bathrooms, and office/flex space, this home seamlessly blends sophistication with functionality. The open-concept layout is enhanced by soaring 11-foot ceilings, creating an airy and elegant atmosphere throughout. The gourmet kitchen flows effortlessly into the expansive living and dining areas, ideal for both entertaining and everyday living. Retreat to the luxurious primary suite complete with a spa-inspired super shower designed for ultimate relaxation. A 3 car tandem garage provides ample space for vehicles, storage, or hobbies. upscale finishes, modern architecture, and exceptional attention to detail, this floor plan is a must see!

3
BEDS
3
BATHS
1,911
SQFT
0.12
ACRES

Beautiful newer home located in desirable Cleveland Heights community of Rio Rancho. The home is moving ready and shows pride of ownership .Step outside to this finished backyard designed for year-round Enjoyment. Featuring a private heated pool, relaxing hot tub, and ample patio space ,Spacious open floor plan offers, comfortable everyday, living and functional entertainment space. The kitchen features stainless steel appliances, ample cabinetry, generous counter space in a large island that opens to the dining and living areas. Conveniently located this home offers perfect combination of modern comfort, outdoor luxury and desirable location. A must see. Home Has Solar Panels

3
BEDS
3
BATHS
2,337
SQFT
0.13
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.