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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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Seller offering $5000 toward buyer closing costs. Built in 2022, this stunning home feels brand new & offers exceptional style and comfort throughout. The open-concept layout features a gourmet kitchen with modern finishes that flows seamlessly into the bright living area with large picture windows overlooking the beautifully landscaped backyard. Enjoy outdoor living under the covered patio with extended brick concrete and privacy walls, backing to a walking path with a park just steps away. Upstairs, all bedrooms are spacious, including a luxurious primary suite with a walk-in shower and huge closet with a window. Tile flooring, abundant natural light, and great curb appeal complete the package. Conveniently located near hospitals, shopping, dining.

3
BEDS
3
BATHS
1,989
SQFT
0.1
ACRES

Welcome to this nearly new 4-bedroom, 2-bath home in the sought-after Los Diamantes subdivision of Rio Rancho is move-in ready with all the upgrades already done. ''The Sawyer'' offers energy-efficient, modern comfort with a thoughtfully designed layout. The elegant kitchen features a central island a spacious pantry, and all Whirlpool appliances, including the refrigerator, washer, and dryer.This smart home includes refrigerated air, low-E windows, and is situated on a premium corner lot, low-maintenance graveled backyard. It also comes complete with a security system. Conveniently located near Rust Medical Center and just minutes from Intel.Don't miss this opportunity--schedule your showing today.

4
BEDS
2
BATHS
1,614
SQFT
0.12
ACRES

Welcome to this beautifully maintained single level fully gated Pueblo Style home set on a generous half-acre lot. Featuring 3 spacious bedrooms and 2 full bathrooms, this property offers a functional floor plan with multiple living areas - perfect for entertaining, relaxing, or creating a dedicated home offices. The 2.5 car garage and shed in the back ensures plenty of storage.

3
BEDS
2
BATHS
1,990
SQFT
0.5
ACRES

Discover this stunning new Amreston home, proudly NM Build Green Gold Certified for superior energy efficiency. This residence features the ''Cappuccino II'' color palette, offering cozy, warm tones throughout. The exterior is enhanced with elegant stone accents, while the kitchen serves as a focal point with stainless steel appliances and a beautiful herringbone tile backsplash. Granite countertops are featured throughout the home. Enjoy a great-sized backyard with incredible mountain views, perfect for outdoor living. Located in Rio Rancho near shopping, dining, and medical facilities with easy I-25 access. Great for families or as an investment! Call to schedule your tour and discuss buyer incentives. (793 characters)

3
BEDS
4
BATHS
1,530
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

Exceptional value! Get space in this large 4-bedroom home, offering far more square footage than similarly priced homes. The floorplan features two oversized living areas, the greatroom highlights a cozy corner fireplace and a built-in wet bar. The 4 bedrooms each include walk-in closets, providing incredible storage and room to grow. Step outside to a low-maintenance oasis featuring pristine artificial turf, inviting back patio, and endless room to relax. Enjoy the renowned community amenities right outside your door, including the Cabezon sparkling swimming pool, and miles of pedestrian trails. Additional highlights include excellent garage storage and dual refrigerated A/C units for comfort. Great neighbors, too! Schedule your tour today!

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

You do not want to miss viewing this 5 year old Pulte home! Motivated seller & PRICED to sell! This home sits on a spacious corner lot in Rio Rancho, offering breathtaking views of the Sandia Mountains & Abq city lights. Featuring 4 bedrooms and 3 bathrooms, the versatile layout includes two primary suites--one on the main level & another upstairs--perfect for multi-generational living or accommodating guests. The open-concept living space is filled with natural light, highlighted by soaring two-story ceilings and a dramatic second-floor overlook that adds both space and architectural appeal. A dedicated downstairs office offers flexibility and can easily function as a 5th bedroom. This home includes a 2-car garage and plenty of room to spread out inside and out! Schedule your tour today!

4
BEDS
4
BATHS
3,126
SQFT
0.23
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

Wish you had a year round pool you don't have to maintain? A private gym? Gorgeous views from your private backyard w/ no neighbor behind? Here, where Mariposa residents enjoy private access to a beautiful community center w/ gym and indoor/outdoor swimming pools, you can have all that plus more than 50 miles of hiking and biking trails in the 2200 acre Mariposa Preserve! This single owner open concept home in gated Mariposa Redondo blends comfort and style w/ quartz countertops, premium appliances that all convey, tile and luxury vinyl plank flooring, and NO carpet. Step outside to relax and enjoy the sweeping views from the covered patio or tinker in the finished garage w/ epoxy floors and oversized workshop area. Add rain gutters and a salt-free water softener. Your desert oasis awaits!

3
BEDS
2
BATHS
2,054
SQFT
0.2
ACRES
$497,000
-2,900$ 07/01

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

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
$430,000
-2,500$ 07/02

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

**Seller is offering $10k concession with acceptable offer!** PLUS 4.7% Assumable VA Mortgage! Welcome to this stunning 3 bedroom, 2.5 bath home built in 2022 located in the highly desirable Los Diamantes neighborhood of Rio Rancho! The recently landscaped backyard with added gas fire pit backs up to walking trails, making it a cozy space to unwind and entertain with family and friends. The open concept living area boasts plenty of space and a seamless flow for easy entertaining. The kitchen is equipped with modern appliances and ample counter space, making it a chef's dream. Located in a quiet and friendly neighborhood, just a few doors down from a great park, you'll be just minutes away from schools, shopping, and all the amenities Rio Rancho and Albuquerque have to offer!

3
BEDS
3
BATHS
1,883
SQFT
0.1
ACRES
$415,000
-19,000$ 07/02

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

GREAT financing opportunities are now available through our preferred in-house lender, DHI Mortgage, plus you'll receive $5,000 toward your closing costs! The Venice by DR Horton is a beautifully designed 3-bedroom, 2.5-bath home with a spacious 3-car tandem garage and an open layout ideal for both everyday living and entertaining. The bright great room and dining space connect effortlessly to a chef-inspired kitchen featuring Whirlpool appliances, a built-in wall oven, upgraded cabinetry, pendant lighting & a large pantry. Ceramic tile runs throughout the kitchen, dining, living & wet areas. The private primary suite includes dual vanities, a spacious tiled shower with bench & a generous walk-in closet. Enjoy elevated features like 11-foot ceilings & 8-foot interior doors PLUS MORE!

3
BEDS
3
BATHS
1,888
SQFT
0.12
ACRES

Price Reduced! 10K CREDIT to buyer. Beautiful custom built home on a half 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

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
$449,900
-10,000$ 07/02

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
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.