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

Move in ready! No backdoor neighbor offering privacy with tall block wall. Southwestern living at its finest! The Sierra is a single story 1,519 sq. ft home offering 3 bedrooms and 2 baths. This home features a long foyer leading into the kitchen, overlooking the living and dining area. The kitchen features spacious quartz countertops, Whirlpool(r) appliances, decorative tile backsplash, and walk in pantry. Enjoy the main bedroom, bedroom 1, located off the family room. Featuring a walk in closet and large walk in shower. The Sierra offers a covered patio and 2 car garage. This home includes our HOME IS CONNECTED base package which includes the Alexa Voice control, Front Doorbell, Front Door Deadbolt Lock, Home Hub, Light Switch, and Thermostat.

3
BEDS
2
BATHS
1,519
SQFT
0.12
ACRES

OWNER OFFERING % BUY DOWN OPTION - ASK LISTING AGENT FOR DETAILS Nestled in prestigious Loma Colorado. 2499-SQ FT 4 bedroom sanctuary pairs an open floor plan and extended pergola-covered patio backing onto Loma's largest open space. The culinary hub is beautifully appointed, solid-surface countertops, four-seat social island, and a dedicated dining area. RO water system included in the kitchen. Outside, the professionally landscaped grounds offer a refined alfresco retreat. The primary suite serves as a masterfully private haven featuring a spa-inspired bath and an expansive walk-in closet. Complete with three additional bedrooms & one w/ private bath, 2 car garage. Big Savings with Solar System brings the electric bills to an average $80.00 per month.

4
BEDS
3
BATHS
2,499
SQFT
0.15
ACRES

Beautiful two-story home in Rio Rancho in a fantastic location! This stunning 4-bedroom, 2.5-bath home with a 2-car garage offers over 2,400 sq ft of well-designed living space in the desirable Mirador Del Sol subdivision. Featuring multiple living areas, including a dramatic living room with soaring ceilings and accent walls, a formal dining space, and a cozy family room with fireplace. The chef's kitchen boasts granite countertops, a mini island, and abundant cabinetry--perfect for entertaining. Relax in the spacious primary suite with garden tub, separate shower, dual sinks, walk-in closet, and private balcony. Enjoy outdoor living in the fully xeriscaped backyard with covered patio, ideal for gatherings and low-maintenance enjoyment.

4
BEDS
3
BATHS
2,452
SQFT
0.12
ACRES

Spectacular & Immaculate Single-level Home Boasting $65k in Recent Upgrades & Updates!Fabulous Open Flow Home with Outdoor Oasis!Ideal for Entertaining or Quiet Evenings At Home!The Heart of the Home is the Fantastic Gourmet Kitchen & Inviting 16 x 23 Great Room Combo! Beautiful New LVT Floors! New HVAC/Refrig Air! New EE Glass Doors Bring the Outdoors In! Retreat to Your Private Owner's Suite-featuring a Remodeled bath w/Custom Shower! Spacious Study is Flex Space or 4th Bedroom! Large Open Dining Room! The Outdoor Oasis Beckons you to Relax & Recharge by the Fire pit or in the Hot Tub! Ideally located in Sought After Gated Mariposa! A 5 Min Walk To Top Tier Community Center offering Pools/Gym/Yoga/Cafe + Huge Park! Endless Acres of Open Space Trails! Mountain Views! A Must SEE!

3
BEDS
3
BATHS
2,455
SQFT
0.2
ACRES

for a formal dining room, home office, or additional living space. Beautiful 24x12-inch ceramic tile flows throughout the main living areas, while plush carpeting adds warmth to the bedrooms. The luxurious primary suite offers an oversized walk-in shower, a separate soaking tub for relaxation, and a large closet with direct access to the laundry room for added convenience. Step outside to a covered patio designed for outdoor living, overlooking a generous backyard. A 3-car tandem garage completes this stunning home, offering.A gourmet kitchen awaits the inspired chef, featuring executive stainless-steel appliances, a spacious pantry, and a massive quartz island perfect for gathering with family and friends.

3
BEDS
3
BATHS
2,221
SQFT
0.17
ACRES

Gorgeous like-new home in desirable Milagro Mesa! Spacious kitchen with granite, glass tile backsplash, SS appliances, walk-in pantry, and generous island. Formal DR. Expansive Owner's Suite includes a magnificent bathroom with dual sink vanities, glass door shower, and tile. Boutique closet with built-in shelves! Balcony w/mountain views is ideal for morning coffee and evening relaxation. 3 additional BRs, HUGE loft, and generous laundry room complete the upstairs sanctuary. Office/BR on main floor. Wood pattern tile throughout the main floor. Comforts include refrigerated AC, tankless water heater, ceiling fans in every BR, loft, living room, and office. Low maintenance front and back yards. Finished 3-car garage with glossy epoxy coating is perfect for your projects!

4
BEDS
3
BATHS
2,676
SQFT
0.14
ACRES

4
BEDS
2
BATHS
1,602
SQFT
0.12
ACRES

YES $20,000 FLEX CASH. 3 car tandem garage! Step into the Yellowstone - a brand new, DR HORTON home. Beautifully crafted new construction home with an open-concept layout perfect for modern living. This single-story design offers 4 spacious bedrooms and 2.5 baths. With over 2,000 sq. ft. you'll love the seamless flow between the kitchen, dining, and living areas - ideal for entertaining or everyday comfort. Upgraded kitchen with stainless built in appliances and an island. Grey wood look plank tile floors throughout home except luxury carpet in bedrooms. Deep Grey 42 inch cabinets are NICE. Big covered patio, a true SMART HOME. Located in desirable Lomas Encantadas, Rio Rancho, this home blends style, space, and convenience in one smart design. (photos of model home colors vary

4
BEDS
2
BATHS
2,007
SQFT
0.12
ACRES

Short sale opportunity! Call to ask about benefits and making an offer. Take this wonderful opportunity to own a remarkable 2022 custom home in sought-after Mariposa, surrounded by miles of hiking and mountain biking trails and framed by breathtaking Sandia Mountain views. This home features numerous upgrades, a spacious gourmet kitchen with granite countertops and stainless steel appliances, and an oversized 3-car garage offering plenty of storage. Enjoy card access to endless community amenities, including the pool, gym, and community center, perfect for activities and social gatherings. With stunning natural surroundings and resort-style amenities, this home delivers a truly active, vibrant, and fulfilling lifestyle in a picturesque setting.

3
BEDS
2
BATHS
2,069
SQFT
0.16
ACRES

Located in one of Rio Rancho's fastest-growing areas, this inviting home offers the perfect mix of comfort and convenience. Enjoy a bright, open layout with spacious living areas, a modern kitchen with plenty of counter space, and a private backyard ideal for relaxing or entertaining. Just a few minutes from Plaza @ Enchanted Hills, restaurants, shopping, and community amenities are at your doorstep. Experience the charm of established living paired with the excitement of growth--just minutes from everything Rio Rancho has to offer.

3
BEDS
2
BATHS
2,120
SQFT
0.16
ACRES

Looking for a newer home without the wait? This move-in-ready 2022 Abrazo Home is located in the desirable Solcito neighborhood of Rio Rancho, close to shopping and restaurants. Featuring refrigerated air, the home includes window coverings, all appliances, an extended covered rear patio with ceiling fan, and full landscaping with artificial turf in the rear yard.. The gorgeous kitchen opens to a spacious great room with dining and patio access--perfect for everyday living and entertaining. A third bedroom or front office offers flexible space. Owners have many upgrades including taller doors and a full home soft water system. Situated on a large lot, this home is ready for you to move in and enjoy!

3
BEDS
2
BATHS
1,879
SQFT
0.26
ACRES

This less-than-one-year-old home offers 4 bedrooms and 2.5 bathrooms with a modern, open layout. The kitchen features stainless steel appliances, all under warranty, and is filled with natural light from large windows throughout the home. Outside, enjoy a beautifully landscaped backyard with grass, an extended patio, and a full sprinkler and drip system. Mulch and brick accents are already in place for future planting or gardening. With no backyard neighbors and open space in front of the home, this property provides privacy, peaceful views, and a bright, airy feel.

4
BEDS
3
BATHS
2,140
SQFT
0.14
ACRES

Minutes from Intel and Rust Medical on Unser and West Side! April move in! The Sophia is a well-designed 1 story new home floorplan in where convenience meets charm. Offering 3 bedrooms, 2 bathrooms, 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. The generous living space is perfect for winding down or welcoming company.

3
BEDS
2
BATHS
1,420
SQFT
0.13
ACRES
$429,900
-10,100$ 05/15

Welcome to 2810 Arce Lane SE, a beautifully maintained 4-bed, 2-bath home with 2,141 sq ft of comfortable living space on an 8,232 sq ft lot in the desirable Cabezon area of Rio Rancho. Built in 2013, this residence offers an inviting layout, thoughtful finishes, and a 3 car garage. Enjoy the community amenities and mountain views just minutes from great shopping, dining, and outdoor recreation. Cabezon and the surrounding Rio Rancho Estates blend peaceful suburban living with easy access to Albuquerque and Sandia Mountains trails. With excellent local schools and a friendly neighborhood, this home is ideal for those seeking space and convenience in a prime Northern New Mexico location. Don't miss this rare opportunity to make it yours!

4
BEDS
2
BATHS
2,141
SQFT
0.19
ACRES
$494,995
-10,000$ 05/20

Highlights of the impressive Raleigh plan include an open dining area, a great room with center-meet doors leading onto a relaxing covered patio, a quiet study, and a thoughtfully designed kitchen with a walk-in pantry. You'll also appreciate a central laundry and three generous bedrooms, including a stunning primary suite showcasing a spacious walk-in closet and a private bath with double sinks. You'll love our professionally curated fixtures and finishes

3
BEDS
2
BATHS
2,220
SQFT
0.14
ACRES
$469,000
-26,300$ 05/13

Construction is done and this Beautiful Brand New Clayton Home is ready for a New Owner! The home sits on one acre. Close to shopping and yet still feels like country living. In Rio Rancho City Limits and School District. Spectacular views of the Sandias from the back deck. Close to shopping and yet still feels like country living. This four bedroom, three bath home has an open floor plan, nice kitchen, large island with seating, dining area, two living rooms, large primary bath, double sinks in vanity, lots of closet space, solar ready, large laundry room with built in coat rack with storage cubes. Large back deck to enjoy the scenery! All this plus a two car garage. Home is on a permanent foundation and qualifies for FHA, VA & Conventional.

4
BEDS
3
BATHS
2,346
SQFT
1
ACRES

Welcome to 817 Oreja De Pro Dr SE -- a spacious home offering nearly 2,921 square feet of comfortable living. Situated on an expansive lot, this property provides ample space for outdoor entertaining, gardening, or simply enjoying New Mexico's beautiful weather. Inside, generous living areas and large bedrooms create an inviting and flexible layout. The neighborhood is quiet and well-established, known for its mature charm and community feel. Conveniently located near shopping, and main routes, this home offers the perfect balance of space, comfort, and accessibility. A rare find combining size, potential, and location in one of Albuquerque's most desirable southeast areas.

5
BEDS
2
BATHS
2,921
SQFT
0.36
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.The heart of the Bisbee is the modern, chef-ready kitchen, complete with stainless steel Whirlpool(r) appliances, sprawling quartz countertops, a generous kitchen island, and stylish cabinetry.

3
BEDS
2
BATHS
1,553
SQFT
0.19
ACRES

Welcome to more space, more comfort, and more possibilities in the newest phase of Lomas Encantadas in Rio Rancho! This beautifully designed 3-bedroom home has been thoughtfully upgraded to give you the extra room you've been dreaming of, both inside and out.✨ Features You'll Love:✅ Great Room Expansion - More room to relax, entertain, and live large✅ Added 3rd Car Garage - Extra space for vehicles, hobbies, and storage✅ Overhead Garage Storage - Smart organization without sacrificing floor space✅ Expanded Covered Patio - The perfect spot to soak up NM's sunshine and fresh air✅ Upgraded Quartz Countertops - A polished, modern touch throughout

3
BEDS
2
BATHS
1,853
SQFT
0.17
ACRES

Welcome to this stunning 2024 Pulte Home tucked away on a peaceful cul-de-sac, offering a perfect blend of modern luxury and comfort. Step inside to find elegant luxury vinyl flooring, custom shades, and a bright open floor plan centered around a cozy gas fireplace. The upgraded kitchen shines with a large island, gas cooktop, and beautiful finishes--ideal for entertaining. Enjoy practical touches like a tankless water heater, heating/cooling combo unit, and a floor outlet under the couch area. With a durable tile roof, nearby parks and walking trails, and some remaining builder warranty, this move-in ready home truly has it all!

3
BEDS
2
BATHS
2,249
SQFT
0.15
ACRES

Welcome to the Wellton by LGI Homes at Estrella at High Range, a spacious five-bedroom, three-and-a-half-bathroom home designed with your family's comfort and lifestyle in mind. This beautifully crafted open-concept floor plan makes everyday living effortless, with a layout that seamlessly connects the kitchen, dining, and family rooms perfect for entertaining or enjoying quality time together.The chef-ready kitchen overlooks the dining and family areas, keeping you connected to guests and loved ones while preparing meals. The Wellton also offers plenty of space for everyone, featuring an additional bedroom with a private bathroom on the main floor and a versatile game room upstairs near the other bedroom ideal for relaxation and fun. Included with LGI Homes' CompleteHome(tm) package,

5
BEDS
4
BATHS
2,506
SQFT
0.1
ACRES

Welcome to the Wellton by LGI Homes at Estrella at High Range, a spacious five-bedroom, three-and-a-half-bathroom home designed with your family's comfort and lifestyle in mind. This beautifully crafted open-concept floor plan makes everyday living effortless, with a layout that seamlessly connects the kitchen, dining, and family rooms perfect for entertaining or enjoying quality time together.The chef-ready kitchen overlooks the dining and family areas, keeping you connected to guests and loved ones while preparing meals. The Wellton also offers plenty of space for everyone, featuring an additional bedroom with a private bathroom on the main floor and a versatile game room upstairs near the other bedroom ideal for relaxation and fun.Included with LGI Homes' CompleteHome(tm) package,

5
BEDS
4
BATHS
2,506
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.The heart of the Bisbee is the modern, chef-ready kitchen, complete with stainless steel Whirlpool(r) appliances, sprawling quartz countertops, a generous kitchen island, and stylish cabinetry.

3
BEDS
2
BATHS
1,553
SQFT
0.16
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
0.21
ACRES

Discover the Mesquite by LGI Homes at Estrella at High Range, a stunning two-story home designed for modern family living. This spacious floor plan features four bedrooms and two-and-a-half bathrooms, including a luxurious master suite with a large walk-in closet and private en-suite bath. The open-concept main floor seamlessly connects the chef-ready kitchen, separate dining room, and family room, perfect for hosting gatherings or enjoying everyday moments together.Upstairs, you'll find a versatile tech area and a spacious game room that can be customized as a playroom, movie room, or entertainment space ideal for your family's needs. The Mesquite also includes a convenient laundry room close to all bedrooms for added ease. Featuring LGI Homes' CompleteHome(tm) package,

4
BEDS
3
BATHS
1,839
SQFT
0.15
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.