Home / Rio Rancho / Homes Under $500K in Rio Rancho

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.

Sort By

Ask about $20,000 flex cash with June closing! Finishing touches being placed on this Brand new D.R. Horton Shenandoah plan on a premium view lot! This 1-story home offers 4 bedrooms, 2 baths, and 1,697 sq ft with a bright, open-concept layout. Featuring the Sand Dune color package with warm wood-tone cabinetry, matte black hardware, and 8-foot interior doors throughout. The gourmet kitchen includes built-in appliances, upgraded sink, and a spacious pantry, opening to the dining and great room. Enjoy indoor/outdoor living with a 3-panel sliding door to the covered patio and stunning views. The private primary suite features an upgraded shower with rain head. Light, bright, and move-in ready! Lomas Encantadas offers trails, parks and close to 528/550 access, shopping and great shools!

4
BEDS
2
BATHS
1,697
SQFT
0.11
ACRES

More space, more flexibility, and a layout that just works--this Lomas Encantadas home delivers over 2,100 sqft with a versatile flex room that lives like a 4th bedroom. Built in 2019, this beautifully maintained home features an open-concept layout filled with natural light, high ceilings, and modern finishes throughout. The kitchen flows seamlessly into the main living and dining areas, perfect for everyday living or entertaining. Enjoy a private, low-maintenance backyard with a covered patio. Conveniently located near parks, schools, and amenities, this home offers the perfect blend of space, flexibility, and value.

3
BEDS
3
BATHS
2,140
SQFT
0.16
ACRES

Rare 3-car garage + move-in ready condition on a large corner lot--this is the one buyers have been waiting for. This 3-bedroom, 2-bath home features an open-concept design, central air, and no carpet throughout for easy maintenance and a modern feel. The kitchen offers generous storage and connects seamlessly to the living and dining spaces, creating a functional and inviting layout. The split-bedroom floor plan provides privacy for the owner's suite. Enjoy outdoor living year-round and a prime location in Mountain Hawk with quick access to I-25, shopping, and dining. Strong value, clean condition, and ready for immediate occupancy.

3
BEDS
3
BATHS
1,745
SQFT
0.14
ACRES

Discover this stunning brand-new construction home in the desirable Montreal Estates! This 3-bedroom, 2.5-bathroom home is NM Build Green Gold Certified, ensuring superior energy efficiency and comfort. Situated on a prime corner lot, the property boasts a large backyard and a 2-car garage with a 4' width extension for significant extra storage. The interior features the sophisticated color palette and comes move-in ready with 2'' white faux wood blinds throughout. The modern kitchen is a standout with a 30'' stainless steel farmhouse single-bowl sink and stainless appliances. Centrally located in Rio Rancho near shopping, dining, and medical facilities with easy access to I-25. Great for families or as an investment property! Call today for tour details and buyer incentives.

3
BEDS
3
BATHS
1,651
SQFT
0.02
ACRES
$428,000
-17,000$ 05/14

Meet 1313 Reynosa Loop SE, a refreshed residence featuring fresh interior paint and a comfortable fireplace. The kitchen includes all stainless steel appliances and a functional island, complementing the primary bathroom's double sinks and luxurious jacuzzi tub. A walk-in closet in the primary bedroom provides ample storage, while the exterior has a covered patio and fenced in backyard. Included 100-Day Home Warranty with buyer activation

5
BEDS
3
BATHS
2,688
SQFT
0.12
ACRES

Charming and unique design, must see inside! Wonderful views of the Sandias, Design features a huge courtyard with outside entrance to potential In-laws suite, and has 2 living areas. Property had a major renovation 10 years ago with new drywall, interior doors, granite, stainless appliances, refrigerated air, lighting, Huge laundry room and walk in pantry. Features three outdoor living areas, RV access with automatic gate and 50 Amp plug in. Solar system currently provides electricity for full home with base electric charge of about $18.00 per month. System will be paid off at closing. Subdivision Construction behind purports to have new homes that are below view line; customer to investigate to their own satisfaction. No HOA fees! Solar has produced a four month excess.

4
BEDS
3
BATHS
2,273
SQFT
0.26
ACRES

Beautifully updated 4-bedroom home in desirable Cabezon with space, comfort, and flexibility for today's lifestyle! This spacious floorplan features two separate living areas, including a cozy fireplace and built-in wet bar--perfect for entertaining, movie nights, or game day gatherings. Generously sized bedrooms and walk-in closets offer plenty of room to spread out and stay organized. Enjoy easy outdoor living with low-maintenance landscaping, artificial turf, and inviting front and back patios. Located near parks, trails, schools, shopping, and dining, this home also includes excellent garage storage and dual refrigerated A/C units for year-round comfort. A wonderful opportunity to enjoy one of Rio Rancho's most sought-after neighborhoods!

4
BEDS
3
BATHS
2,716
SQFT
0.12
ACRES

The home is under construction, 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
1,649
SQFT
0.07
ACRES

This beautiful house has been lovingly upgraded and cared for. The kitchen includes new countertops, large island, backsplash, painted white ceiling-height cabinets, and stainless appliances. Dining and living rooms can be swapped! Newer LVP flooring throughout main floor. The primary suite includes upgraded bathroom with newer lighting, mirrors, faucets, and decorative moulding. Many decorative moulding details throughout upstairs bedrooms, and great storage closets. The front and back yards have beautiful landscaping with large turf area, and pathway around the yard. Great open space and views behind home. Located in the highly desirable Loma Colorado community with walking paths and parks throughout, and close to schools, library, aquatic center, and rec center

4
BEDS
3
BATHS
2,226
SQFT
0.12
ACRES

Welcome to this well maintained 3 bedroom, 2 bath home in the desirable Lomas Encantadas neighborhood of Rio Rancho. This home offers a comfortable, modern layout with quality finishes and everyday functionality in a highly rated school district. Inside, you'll find an open living, dining, and kitchen space designed for easy entertaining and daily living. The kitchen features granite countertops, generous cabinetry, and seamless flow into the main living area, while custom wood blinds and refrigerated air add comfort and style throughout. Step outside to a fully landscaped backyard with no rear neighbors, creating a private setting perfect for relaxing evenings or weekend gatherings. Conveniently located near shopping, restaurants, and I-25 for a quick commute to Albuquerque and Santa Fe.

3
BEDS
2
BATHS
1,831
SQFT
0.12
ACRES

***OPEN HOUSE TRAM PASS GIVEAWAY****You'll love this Like-new Brownstone in our Los Diamantes community. This home is lavished in popular tan tones. The Chef Kitchen sports stainless-steel appliances, including wall ovens, hanging pendant vent, gas cooktop, and dishwasher. This luxurious kitchen includes light quartz countertops, high-grade cabinets, and a subway tile backsplash. The owner's suite showcases a full-width bay window, adding elegance to the room. The owner's bath is enhanced with a large, separate, tiled tub and shower. The large, ceramic tile flooring in all but the bedrooms is sure to delight. The spacious, light, and bright gathering room is open to the kitchen and dining for fun and conversation, with a huge, covered patio for outdoor entertaining. Must see today!

3
BEDS
2
BATHS
1,804
SQFT
0.15
ACRES

The Maya floor plan offers the ideal mix of style, practicality, and future-ready living. Featuring 3 spacious bedrooms and 2 bathrooms, this home shines.Enjoy SPC flooring paired with plush carpeting, a gas range for culinary enthusiasts, and stunning level 3 granite countertops that elevate your kitchen's look and feel.The 2-car garage includes overhead storage and comes pre-wired for an EV charger, making it as functional as it is forward-thinking.A covered patio lets you take full advantage of New Mexico's incredible weather--all set within the beautifully planned Scottish Isle community in Rio Rancho.The Maya blends comfort, convenience, and modern living--exactly where you want to be.

3
BEDS
2
BATHS
1,566
SQFT
0.13
ACRES

Ask about $40,000 flex cash for interest rate buy down, upgrades, or price adjustment for June closings! This DR HORTON home offers a bright open-concept floorplan with 4 spacious bedrooms and 2 modern bathrooms. Granite countertops and dark cabinets with an island and grand pantry. Thoughtfully designed for comfort and style, this home includes quality/luxury finishes throughout and the peace of mind that comes with builder warranties. Don't miss your chance to own new construction in Lomas Encantadas. Close to Enchanted Hills restaurants, entertainment and shopping, quick access to i-25. Walking trails, open space, dog park and even pickleball court! (home still under construction so photos are of previous model with similar features) Open house everyday. Completion expected in June

4
BEDS
2
BATHS
1,697
SQFT
0.11
ACRES

Take in sweeping views from this premium, low-maintenance lot in sought-after Mariposa Redondo. Built in 2022, this thoughtfully designed and updated open-concept home blends comfort and style with quartz countertops and KitchenAid appliances, including a gas cooktop, built-in wall oven, and convection microwave combo. Tile flooring runs throughout most of the home, while the bedrooms feature luxury vinyl plank, NO carpet. The spacious primary suite offers a spa-like feel with an oversized shower, double sinks, and a generous walk-in closet. Step outside to relax on the covered patio or tinker in the finished garage with epoxy floors and an oversized workshop area. Additional highlights include rain gutters, a salt-free water softener, laundry room with washer and dryer that convey.

3
BEDS
2
BATHS
2,054
SQFT
0.2
ACRES

No PID. Beautifully designed 4BR home w/open floor plan & 8 ft doors thru out. Spacious kitchen w/ quartz countertops, large island w/breakfast bar, recessed stainless sink, 5-burner gas range, pantry & white shaker-style cabinetry w/pendant & recessed lighting. LVP flooring thru out main living areas w/carpet in bdrms only. Living area opens to expanded covered patio through 8 ft sliding & accordion-style glass doors perfect for indoor/outdoor living. Primary suite offers double sinks, large walk-in shower w/rain head & custom tile surround, plus large walk-in closet. Hall bath includes dbl sinks w/custom tile tub/shower. Landscaped front & backyard w/drip irrigation. Finished garage w/8 ft door. Tankless WH, high-efficiency furnace, refrig air, tile roof & stackedstone accents.

4
BEDS
2
BATHS
2,105
SQFT
0.14
ACRES

Well maintained Pulte home is move-in ready! Great location near 528 and Idalia with easy access to the Block, restaurants/stores, parks, walking trails and a quick drive to get to 550/the freeway. Great floorplan with a large primary suite, loft, office space downstairs and multiple living and dining areas. REFRIGERATED AIR! The primary has a tray ceiling, large garden tub and separate shower and a walk-in closet! Two large additional bedrooms on the opposite side of the loft. The loft also has potential to be turned into an extra bedroom. The kitchen has corian countertops and all appliances stay! Plenty of shade in the backyard from the mature trees and tile extended out on the patio makes a great space for entertaining. Schedule your showing today before it's gone!

3
BEDS
3
BATHS
2,458
SQFT
0.13
ACRES
$469,990
-10,000$ 05/10

3
BEDS
3
BATHS
2,059
SQFT
0.12
ACRES

Welcome to our Beautiful ''Stella'' Floorplan in the brand new master-planned community Stonegate! This spacious 4 bedroom home showcases an open layout perfect for entertaining, or just hanging out with the family! Our master planned community will offer parks, family friendly amenities making it easy to enjoy the outdoors and connect with neighbors. Plus with easy access to top rated schools, shopping, dining, and entertainment, everything you need is just around the corner! Ask me about our current incentives!!!!

3
BEDS
3
BATHS
1,883
SQFT
0.13
ACRES

Completely updated 4 bedroom, 2 bathroom home with a spacious 2 car garage situated on a .25 acre lot. This beautifully remodeled property features two primary suites, making it perfect for multi generational living, guests, or added flexibility. Inside, you'll find an open and inviting layout with modern finishes throughout, including updated flooring, upgraded bathrooms, and a fully remodeled kitchen designed for both everyday living and entertaining. The large lot offers plenty of space to enjoy, while the move in ready condition makes this home stand out from the rest.

4
BEDS
3
BATHS
1,930
SQFT
0.25
ACRES

Spacious single-level home on a half-acre lot with no HOA! Enjoy an indoor in-ground pool complete with a 3/4 bath and plenty of room for a home gym. The interior has been beautifully remodeled with new cabinets, granite countertops, and fresh paint throughout. The kitchen features all stainless steel appliances, and the large utility room includes a washer, dryer, and sink. Primary bath has double a vanity and large 48x48 inch walk in shower. Additional highlights include an office, abundant storage space, and a prime location in the heart of Rio Rancho -- directly across from Intel. This is a must-see home -- show and sell today!

3
BEDS
3
BATHS
2,048
SQFT
0.5
ACRES

Why wait to build when this one is move in ready. Enjoy this beautiful Abrazo home situated on a lot with no one behind you or to the North of you. This single story home has been gently lived in and has been fully landscaped and is truly turn key. Large great room with open kitchen access. Beautiful SS appliances with marble counter tops. 4 bedrooms 2 bath 2 car garage. Numerous updates see attachments for details. Make this a must see easy to show.

4
BEDS
2
BATHS
1,933
SQFT
0.13
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

Welcome to 3200 Tazanita! This stunning 4-bedroom, 3-bathroom home offers 2,209 square feet of modern living space. Features a spacious open floor plan with a master suite that provides a private retreat and three additional bedrooms to accommodate family or guests. Garage has 240v for your electric car. Enjoy the convenience of being close to a park, grocery shopping, restaurants, and Presbyterian Rust Medical Center. Schedule your showing today!

4
BEDS
3
BATHS
2,286
SQFT
0.11
ACRES
$440,000
-5,000$ 05/16

Exceptional, upgraded, and move-in ready, 4528 Skyline Loop NE delivers a rare combination of comfort, value, and pride of ownership. With more than $70,000 in updates, upgrades, and improvements, this home stands above the competition and offers buyers the confidence of major enhancements already completed. Enjoy fully paid-off solar, a paid-off water softener, and a beautifully designed outdoor retreat with a deck, pergola, pond, sprinkler system, and outdoor ceiling fan. The interior offers a refined, welcoming feel with thoughtful updates that enhance both style and functionality. Most furnishings may convey, making this a possible turnkey opportunity for the right buyer. Seller is offering a $5,000 buyer concession with a strong offer. A truly special home, priced to attract attention

4
BEDS
2
BATHS
1,959
SQFT
0.15
ACRES

Southwest-style custom home, highly desirable floor plan with a spacious primary suite complete with a large walk-in closet and a well-appointed en-suite bathroom. oversized bonus room/loft ideal for a game room, family room, home office, or study area, open floor plan, natural light, and modern upgrades throughout and chef's kitchen with quartz countertops, large island, stainless steel appliances, gas stove, and abundant cabinetry.

4
BEDS
3
BATHS
3,079
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.