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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 this charming home with 4 bedrooms & 2 bathrooms, offering plenty of space for comfortable living. The open floor plan is perfect for entertaining, with a spacious living area that flows seamlessly into the dining space and kitchen. Enjoy modern finishes, including tile and carpet flooring throughout. With a kitchen that showcases spacious granite countertops, Whirlpool(r) appliances, decorative tile backsplash, & a convenient walk-in pantry. Primary bedroom features a walk-in closet and a large walk-in shower. Step outside to your private backyard, ideal for outdoor gatherings & relaxation. Located in a friendly neighborhood with convenient access to local amenities, this home is perfect for families & first-time buyers alike. Don't miss the opportunity--schedule your tour today!

4
BEDS
2
BATHS
1,659
SQFT
0.11
ACRES

Beautifully designed 2 year old, 5 bedroom home in the sought after Mariposa community offering 2050sqft of light filled living. The open concept floorplan features a stunning kitchen with white cabinetry, stainless appliances, and an oversized island that flows seamlessly into the main living area. Tile flooring throughout the main spaces adds a clean, modern feel. The spacious primary suite offers his & her walk-in closets. Step outside to a fully landscaped backyard with covered patio, lush turf, and sweeping views. 3 car garage includes a custom dog washing station and access door to the backyard. Enjoy access to scenic trails, community amenities, indoor and outdoor pools, and the elevated lifestyle Mariposa is known for.

5
BEDS
3
BATHS
2,050
SQFT
0.17
ACRES

Welcome to this beautiful Pulte home situated on a premium lot. This lot is elevated from those behind it, allowing for beautiful vistas of the Sandias & Jemez Mountains. Modern finishes including wood tile, granite counters & stainless steel appliances. Large open kitchen features ample storage with added cabinetry in the dining area. Primary suite is spacious with a bay window, nice size bathroom & a walk-in closet. 4th bonus room up front makes for a great office or workout space. The garage is a 3 car tandem, plenty of room for a work space of additional storage. Relax under the covered patio taking in the views, on those warm NM evenings. HOA amentities include indoor & outdoor pools, fitness center, movement studio with classes, massage room. There's also a 5 acre Mariposa park!

3
BEDS
2
BATHS
2,075
SQFT
0.14
ACRES

Beautiful 2-story home offering 4-5 bedrooms, 3 bathrooms, and approximately 2,700 sq ft of living space .Recent updates include new light fixtures in various rooms, a new microwave oven, newer roof (2022), newer water heater (2022), and two Trane A/C units installed in 2022 for added comfort and efficiency.The chef-designed kitchen features abundant cabinetry, granite countertops, and a spacious island--perfect for cooking and entertaining.Centrally located near amenities and Hwy 550, this move-in-ready home is truly turnkey for its next owner. All appliances convey with the property with no guarantee or warranties.Relax in the pergola-covered patio while taking in the majestic views. NO HOA!

4
BEDS
3
BATHS
2,673
SQFT
0.11
ACRES

This charming single-story home sits on a full half-acre with mature fruit trees, quiet mountain views, and plenty of space to relax and enjoy the outdoors. Unwind in the hot tub, entertain in two private courtyards, or simply take in the serene setting from the covered patio. Inside, the light-filled floor plan features soaring ceilings, an inviting entry foyer, and a spacious living and dining area that flows into a beautiful kitchen with granite countertops and abundant cabinet space. The primary suite offers a walk-in closet and private outdoor access to the patio.Featuring 3 bedrooms and 3 bathrooms, this move-in-ready home also includes an oversized finished garage with workshop space. Enjoy lower monthly costs with private well and septic! Come see it today!

3
BEDS
3
BATHS
1,569
SQFT
0.5
ACRES

Beautiful updated 3 bed 2 bath home on a quarter of an acre in the coveted Broadmoor at High Resort Subdivision. No HOA or PID!! This home has modern amenities including 2 living areas accented by a two-way fireplace, the kitchen has granite countertops, a new roof, large covered back patio, Xeriscaped front and backyard, tankless water heater, refrigerated air cooling, and more! An additional room located on the NE side of the home brings versatility and can be used as a sunroom, office, den, or can be used as an added bedroom with Sandia Mountain views just outside. Enjoy backyard and side access to the property. This home is in a centralized location with nearby restaurants (Dions, M'tucci's Moderno, etc) and shopping (Target, Walmart, Lowes, etc).

3
BEDS
2
BATHS
2,151
SQFT
0.26
ACRES

one of the first things you notice is the space. This home finished in 2023, so you get the feel of new construction without the wait, the delays, or the added expense of finishing the backyard and window coverings. Those upgrades already sit in place.The layout makes daily life simple. Five bedrooms and three bathrooms give you flexibility for guests, a home office, hobbies, or multi generational living. The floor plan flows naturally from the kitchen into the living area, which keeps everyone connected.The kitchen draws attention right away. A large island sits in the center with plenty of prep space and seating. Stainless steel appliances, a gas cooktop, built in features, a farmhouse sink, and a pantry give you the setup people search for today. The kitchen opens directly into the

5
BEDS
3
BATHS
2,300
SQFT
0.11
ACRES

Single story home located in the Glen Eagles Community in Rio Rancho. Home features - Large great room with a fireplace, bay window and vaulted ceilings that is open to the kitchen area with island for functionally everyday living and entertaining. Second formal living area and dining area as well. Primary bedroom also features a bay window and primary bathroom with large shower and double sinks. Bedrooms 1 and 2 have easy access to the hall bathroom area. Separate spacious laundry room areaLocated on an oversized lot with a 3 car garage, and side yard access for all the toys!.Located close to shopping and access 528.

3
BEDS
2
BATHS
2,026
SQFT
0.41
ACRES

2,059+ square feet of thoughtfully designed living space. This versatile home features 3-5 spacious bedrooms, 2.5 bathrooms, an optional super closet, along with a dedicated office that can easily serve as a fourth- or fifth-bedroom ideal for remote work, hobbies, or multi-generational living. The open-concept layout creates a seamless flow between the kitchen, dining, and living areas, making the home equally suited for everyday living and entertaining. The dining area is quite large and allows for those who love to host friends and family gatherings. The gourmet kitchen serves as the heart of the home, featuring abundant counter space, a large center island, and a walk-in pantry, delivering both style and practicality.

3
BEDS
3
BATHS
2,059
SQFT
0.12
ACRES
$459,990
-10,000$ 05/10

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
5
BATHS
1,888
SQFT
0.12
ACRES

Price Reduced! Beautiful 2,527 sqft custom built home on a 1/2 acre with beautiful Sandia Mountain views just off Broadmoor Blvd. Backyard includes a detached casita that is pre-wired and pre-plumbed for future possibilities. Interior features a striking floor-to-ceiling stacked stone fireplace, jetted tubs in both bathrooms, and a tiled walk-in shower in the primary suite. Water heater was replaced August 2023. Spacious backyard includes a covered patio, a water feature (operational but not recently used) and a small playground area. The garage opens from both sides allowing access to the backyard.

3
BEDS
2
BATHS
2,527
SQFT
0.5
ACRES

Brand new, never-lived-in Hewitt home by Pulte. Luxurious neutral colors adorn this exceptional home. The Kitchen includes stainless appliances with a gas range, microwave and dishwasher. Textured granite countertops are accented by a light accent tile backsplash. The Twilight cabinets throughout look like a million-bucks. Open floor plan includes a separate study/office for added convenience. The Owner's Suite sports a walk-in shower with bench seat and large walk-in closet. This home is built for extreme efficiency and comfort with fantastic open space behind. Huge 3-acre park in the community with basketball court and covered eating areas and a smaller open space park with covered eating area and open grassy space are just down the street. Must see today!

3
BEDS
2
BATHS
1,731
SQFT
0.14
ACRES
$414,900
-5,000$ 05/18

Meticulously maintained single story 2067 square foot home in Cabezon. This home is move in ready and includes the following features:**Leed Gold Certified**Owned Solar System (Low Electric Bills)**Multiple Living Areas**Solid Surface Floors Throughout**Lots of Natural Light**Stainless Steel Appliances**Exquisite Master Suite with Large Walk in Closet, Separate Tub and Shower and Two Sinks in Master Bath**Tankless Water Heater**3 Car Garage**Walking Distance to Elementary School and Parks**This home is immaculate and is just waiting for a new owner!!

3
BEDS
2
BATHS
2,067
SQFT
0.16
ACRES

4 Bedroom home with spacious backyard! Located in the amazing Los Diamantes community minutes from Intel, Rust medical and The Market Street! ''The Sawyer'' by DR Horton. Stunning 4 bedroom, 2 bath and 2 car garage. Open great room and dining area invite's easy entertaining. Elegant kitchen with granite counter tops, kitchen island, Whirlpool appliances and spacious pantry. Ceramic tile floors in kitchen, dining and all wet areas. Primary bath with raised double vanity, ceramic tiled walk in shower and large walk in closet. Pitched roofs. Smart home with Amazon Alexa connect. Refrigerated air & low- e windows!

4
BEDS
2
BATHS
1,602
SQFT
0.12
ACRES

Perched on a corner half-acre lot, this inviting retreat blends cozy charm with incredible outdoor living. Step into the living room with soaring beam ceilings and a warm gas kiva fireplace, opening to an airy kitchen with island--perfect for gathering. The spacious primary suite offers a relaxing bath with double sinks and a separate tub and shower. Outside, your private walled backyard is an entertainer's dream: covered patio with backyard bar and stunning views of the Sandia Mountains. Plenty of room for an RV, camper, or toys plus a 3-car garage complete the package.

3
BEDS
2
BATHS
1,893
SQFT
0.5
ACRES

Discover modern desert living in this Westway home in Rio Rancho's desirable Vista Entrada area. Situated on a .62-acre lot, this property offers space to breathe while enjoying beautiful Sandia Mountain views from the backyard. The open-concept floor plan is ideal for everyday living and entertaining, featuring a Bosch-equipped kitchen, large island, Level 5 Silestone countertops, and upgraded cabinetry. The private primary suite includes a garden tub, separate shower, double sinks, and walk-in closet. Outside you'll find a walled backyard with raised privacy walls and a custom metal gate providing backyard vehicle access. A 3-car garage offers plenty of room for vehicles, storage, or a workshop.

3
BEDS
3
BATHS
1,995
SQFT
0.62
ACRES

Discover the Somerton by LGI Homes at Estrella at High Range, a stunning two-story home designed for modern family living. This spacious floor plan offers four bedrooms and three bathrooms, including a luxurious master suite upstairs that serves as your private retreat--complete with natural light, a seamless en-suite bathroom, and an expansive walk-in closet. With an additional bedroom on the main floor, this home is perfect for guests or flexible living.The open-concept layout effortlessly connects the upgraded kitchen, dining, and family rooms, making everyday living and entertaining simple and enjoyable. The chef-ready kitchen features Whirlpool(r) stainless steel appliances, a large island, and beautiful quartz countertops, all included with LGI Homes' CompleteHome(tm) package.

4
BEDS
3
BATHS
2,257
SQFT
0.37
ACRES

Beautifully maintained 4-bedroom, 3-bath home in the highly desirable Mountain Hawk subdivision of Rio Rancho. This spacious two-story layout features a versatile loft perfect for a second living area, office, or playroom. The home is exceptionally clean and well cared for, offering comfortable living and great natural light throughout. Enjoy views of the Sandia and Jemez Mountains from the loft and primary bedroom. The landscaped backyard provides a great space to relax or entertain. Conveniently located with quick access to NM-550 for commuting. Residents enjoy nearby community parks and a private gated neighborhood park. An assumable loan with a favorable interest rate may be available for qualified buyers.

4
BEDS
3
BATHS
2,595
SQFT
0.11
ACRES

Built in 2024 on 1.1 Acres - Shop Ready & Horse Ready! Nearly new 3-bedroom home offering space, flexibility, functionality and beautiful views! Situated on 1.1 fenced acres with shared well, propane, and septic.The 720 sf barn/workshop with 2 (12 sf) lean-to space is the standout feature, permitted and built in 2025! Complete with a lift-ready 4x14x1 reinforced slab, ideal for mechanics and automotive enthusiasts. Functional, practical, and ready to work.Perfect for horses, agriculture, equipment storage, etc. Plenty of room for trailers, tools, and toys.Live. Work. Build your vision!

3
BEDS
2
BATHS
1,567
SQFT
1.1
ACRES

Move in ready + Amazing promotions! Los Diamantes makes it easy to enjoy more of what matters. From quick commutes to effortless errands and evenings out, everything you need is close to home. Homes in this new phase are designed with affordable luxury in mind, featuring open-concept floorplans, contemporary finishes, and flexible living spaces that maximize both comfort and functionality.

4
BEDS
3
BATHS
2,078
SQFT
0.11
ACRES

Welcome to this better-than-new Abrazo-built home in the sought-after 35 North community of Rio Rancho. This 3-bedroom, 3-bath residence offers an open-concept layout ideal for everyday living and entertaining. Built with the quality craftsmanship and energy efficiency Abrazo Homes is known for, the home also features thoughtful upgrades including quartz countertops, soft-close cabinetry, upgraded baseboards, and 8-foot interior doors downstairs. Step outside to a beautifully finished backyard perfect for relaxing or hosting, and enjoy a private primary bedroom balcony deck with amazing Sandia Mountain views. Schedule your private showing today.

3
BEDS
3
BATHS
2,102
SQFT
0.15
ACRES

Welcome to the Stella floor plan, a beautifully designed new construction home offering 1,883 square feet of spacious multi-story living. This thoughtfully crafted layout features an open-concept main living area that seamlessly connects the kitchen, dining, and living spaces--perfect for entertaining and everyday comfort.The primary suite is a true retreat, complete with a large garden soaking tub. Generous bedrooms, modern finishes, and abundant natural light create a warm and inviting atmosphere throughout the home.

4
BEDS
3
BATHS
1,883
SQFT
0.12
ACRES

$11,000 CREDT with acceptable offer! SUNSET VIEWS! This beautiful 3-bed, 2-bath home welcomes you w/ a bright interior, soft tan palette, & comfortable blend of tile & carpet throughout. The well-designed layout offers inviting living spaces, dining area plus breakfast nook, & a kitchen featuring a pantry & UPDATED backsplash & center detail. The spacious primary suite includes a walk-in closet w/ UPGRADED shelving, double sinks, garden tub, & separate shower. Enjoy wooden 2-inch blinds & both UPGRADED door hardware & black faucets throughout. Step outside to a covered patio, pergola with metal roof, pavers, fruit trees, & tiered block landscaping. Large lot w/ 10x12 shed & lower gate access from the cul-de-sac--ideal for trailers. PLUS Newer Roof (Dec 2023). See Updates Doc!

3
BEDS
2
BATHS
2,204
SQFT
0.23
ACRES

What a beautiful home filled with thoughtful upgrades throughout! Enjoy paid SOLAR panels, reducing monthly bills to around $12. Reverse osmosis, water softener, and a tankless water heater. The inviting sunroom features curtains and doors that open wide to bring the outdoors in. Step outside to a charming gazebo, ideal for enjoying New Mexico evenings. Backyard has views of the Sandia. Inside, the open kitchen boasts a huge island, gorgeous granite countertops, stainless steel appliances, upgraded tile, and stunning exposed ceiling beams. Custom fireplace in the living space, adding warmth and character. Barn doors provide stylish separation for the bathrooms, and a versatile flex room offers options for a home office or a fourth bedroom. This truly is a special place to call home.

3
BEDS
3
BATHS
2,181
SQFT
0.14
ACRES

Located in the gated section of Mariposa, this refined 4-bedroom home feels nearly new and is move-in ready. The open, light-filled layout features wood-plank tile, 8-foot doors, and expansive windows leading to a covered patio and private backyard. The kitchen offers a granite island, stainless appliances, gas cooktop, and built-in oven and microwave. Enjoy low-maintenance turf, raised beds, and fruit trees outdoors. Additional highlights include smart home features, a security system, and New Mexico Green Built certification. Mariposa offers trails, open space, a community center, fitness facilities, and indoor/outdoor pools. Seller will pay 6 months of HOA dues with acceptable offer.

4
BEDS
2
BATHS
1,983
SQFT
0.21
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.