Cheap homes for sale & real estate in Rio Rancho, NM

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ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
This full 1-acre property consists of two adjoining lots sold together, positioned south of Southern Blvd near the 20th St SE corridor. This is raw, untouched high desert land that places you within a short drive of Rust Medical Center and the major shopping hubs of southern Rio Rancho, yet far enough out to avoid the city noise. Finding a full contiguous acre in this part of town is becoming a rarity. While established neighborhoods are nearby, this remains a quiet, open space with massive potential for a long-term investment or a future homesite. It's a strategic way to secure a significant footprint before the local development pushes further south. Contact us today for the details.

$10,000

Land1.00 acre (lot)

24th (u4 B19 L34, 35) St SW, Rio Rancho, NM 87124

Quiet open space • Major shopping hubs

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
4 lots in Rio Rancho to add to, or start your investment portfolio.

$8,000

Land2.01 acres (lot)

Unit:24, 4 Lot Package Deal Ct NW, Rio Rancho, NM 87144

Listed 57 days

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
PREMIER ESTATE LOT in prestigious Rio Rancho Master- Planned Community of Mariposa. 1.05 acre lot on sloping hill with massive views of the Sandia Mountains and the Rio Grande Valley ready for your dream home. Situated in a neighborhood of $1M+ homes, with a 9,000 sq ft. building envelope. Mariposa abuts a 2200 acre nature preserve, has miles of paved and dirt trails for loads of outdoor options. Full access to the Private community center with indoor and outdoor pools, fitness center, massage suite, cafe area and movement studio. Loads of community activities, classes, and opportunities to keep living your best life.

$95,000

Land1.06 acres (lot)

1712 Meadows Point Pl NE, Rio Rancho, NM 87144

Premier estate lot • Massive views • Building envelope

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
Build your dream home or investment property on this spacious lot located in the growing community of Rio Rancho. Situated on 38th St SW, this property offers beautiful New Mexico skies, wide-open views, and plenty of space to create your ideal desert retreat. Enjoy the peaceful surroundings while still being conveniently located near shopping, dining, schools, and everyday amenities. With easy access to major roads and the natural beauty of the Southwest all around, this lot presents a great opportunity for future development or long-term investment. Experience the charm and potential of Rio Rancho living in an area that continues to grow and thrive.

$35,000

Land1.00 acre (lot)

1002 SW 38 St, Rio Rancho, NM 87124

Spacious lot • Wide-open views • Natural beauty

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
WOW! Beautiful Sandia Mountain Views! BUILD YOUR DREAM HOME ON THIS 1.69 ACRE LOT SITUATED IN A QUIET CUL DE SAC. Minutes to Presbyterian Rust Medical, Intel, Movie Theater Central, Shopping, Restaurants and the NEW MARKET STREET. Surrounded by impressive custom homes. An AMZAZING LOCATION!

$97,000

Land1.69 acres (lot)

1390 Imp Pl SE, Rio Rancho, NM 87124

Amazing location • Quiet cul de sac

Property at 4561 Manitoba Rd NE, Rio Rancho, NM 87144

$175,000

Land5.29 acres (lot)

4561 Manitoba Rd NE, Rio Rancho, NM 87144

Property at Unit 26 - 11 Lots Sale NW, Rio Rancho, NM 87144

$22,000

Land7.00 acres (lot)

Unit 26 - 11 Lots Sale NW, Rio Rancho, NM 87144

Property at Prairie Sunrise Phase 1,lot 10, Corrales, NM 87048

$374,111

Land1.01 acres (lot)

Prairie Sunrise Phase 1,lot 10, Corrales, NM 87048

Property at 2160 Sonora Ave U17 B111 L18/19, Rio Rancho, NM 87144

$130,000

Land1.00 acre (lot)

2160 Sonora Ave U17 B111 L18/19, Rio Rancho, NM 87144

Property at 3112 Kafka Rd NE, Rio Rancho, NM 87144

$40,000

Land0.69 acre (lot)

3112 Kafka Rd NE, Rio Rancho, NM 87144

Property at Lot 2 & 3 Durango, Rio Rancho, NM 87124

$50,000

Land2.00 acres (lot)

Lot 2 & 3 Durango, Rio Rancho, NM 87124

Property at 1597-1631 14th (4 Lots) St SE, Rio Rancho, NM 87124

$300,000

Land2.00 acres (lot)

1597-1631 14th (4 Lots) St SE, Rio Rancho, NM 87124

Property at 501 1st St NE, Rio Rancho, NM 87124

$65,000

Land0.50 acre (lot)

501 1st St NE, Rio Rancho, NM 87124

Property at 2299 Box Lake Dr NE, Rio Rancho, NM 87144

$49,900

Land1.00 acre (lot)

2299 Box Lake Dr NE, Rio Rancho, NM 87144

Property at Lot 27 Block 52 #21, Rio Rancho, NM 87144

$17,500

Land0.50 acre (lot)

Lot 27 Block 52 #21, Rio Rancho, NM 87144

Property at Orchid U26 B44 L100 Ct NE #26, Rio Rancho, NM 87144

$1,600

Land0.50 acre (lot)

Orchid U26 B44 L100 Ct NE #26, Rio Rancho, NM 87144

Property at Rio Rancho Estates B50 L7 Rd NW #2, Rio Rancho, NM 87124

$4,500

Land1.59 acres (lot)

Rio Rancho Estates B50 L7 Rd NW #2, Rio Rancho, NM 87124

Property at 3708 Orly Ct Ne U, Rio Rancho, NM 87144

$19,600

Land1.12 acres (lot)

3708 Orly Ct Ne U, Rio Rancho, NM 87144

Property at Block: 6 Lot:12 Unit: 10, Rio Rancho, NM 87124

$65,000

Land0.50 acre (lot)

Block: 6 Lot:12 Unit: 10, Rio Rancho, NM 87124

Property at 2218 8th St NE, Rio Rancho, NM 87144

$12,000

Land1.00 acre (lot)

2218 8th St NE, Rio Rancho, NM 87144

Property at Torcido (u26 B114 L10) Rd NW, Rio Rancho, NM 87144

$1,500

Land0.50 acre (lot)

Torcido (u26 B114 L10) Rd NW, Rio Rancho, NM 87144

Property at Rr Estates (u26 B92 L77), Rio Rancho, NM 87144

$3,500

Land1.33 acres (lot)

Rr Estates (u26 B92 L77), Rio Rancho, NM 87144

Property at 2408 Desert Marigold Rd NE, Rio Rancho, NM 87144

$64,900

Land0.81 acre (lot)

2408 Desert Marigold Rd NE, Rio Rancho, NM 87144

Property at 2253 Venada Rd, Rio Rancho, NM 87144

$90,000

Land1.39 acres (lot)

2253 Venada Rd, Rio Rancho, NM 87144

Property at Rre Blk: 18 Lt: 13 Unit: 10 1.42, Rio Rancho, NM 87124

$140,000

Land1.42 acres (lot)

Rre Blk: 18 Lt: 13 Unit: 10 1.42, Rio Rancho, NM 87124

Property at 27th Unit 1 Lot 56,57 Block 9 Ave NW #1, Rio Rancho, NM 87144

$3,600

Land0.50 acre (lot)

27th Unit 1 Lot 56,57 Block 9 Ave NW #1, Rio Rancho, NM 87144

Property at 5600 Lewis Rd NE, Rio Rancho, NM 87144

$85,000

Land1.00 acre (lot)

5600 Lewis Rd NE, Rio Rancho, NM 87144

Property at 16th Ave Chamiza Estates 5 Ac, Rio Rancho, NM 87144

$195,000

Land5.00 acres (lot)

16th Ave Chamiza Estates 5 Ac, Rio Rancho, NM 87144

Property at 25th (u6 B40 L50) Ave NW, Rio Rancho, NM 87144

$3,000

Land0.50 acre (lot)

25th (u6 B40 L50) Ave NW, Rio Rancho, NM 87144

Property at 35th (u6 B26 L5) St NW, Rio Rancho, NM 87124

$3,000

Land0.50 acre (lot)

35th (u6 B26 L5) St NW, Rio Rancho, NM 87124

Property at 1100 Encino Rd SW, Rio Rancho, NM 87124

$25,000

Land1.05 acres (lot)

1100 Encino Rd SW, Rio Rancho, NM 87124

Property at Mackenzie (lots 22-25) Dr NE, Rio Rancho, NM 87144

$9,200

Land2.00 acres (lot)

Mackenzie (lots 22-25) Dr NE, Rio Rancho, NM 87144

Property at Rio Rancho Est U17 Bm L19, Rio Rancho, NM 87144

$25,000

Land0.45 acre (lot)

Rio Rancho Est U17 Bm L19, Rio Rancho, NM 87144

Property at Rio Rancho Est U17 B60 L17, Rio Rancho, NM 87144

$55,000

Land0.50 acre (lot)

Rio Rancho Est U17 B60 L17, Rio Rancho, NM 87144

Property at 50th (u24 B108 L16) St NW, Rio Rancho, NM 87144

$2,000

Land0.50 acre (lot)

50th (u24 B108 L16) St NW, Rio Rancho, NM 87144

Property at Unit 4 37th St/12th Ave. Sw SW, Rio Rancho Estates, NM 87124

$25,000

Land3.00 acres (lot)

Unit 4 37th St/12th Ave. Sw SW, Rio Rancho Estates, NM 87124

Property at 2825-2901 Hatfield St NE, Rio Rancho, NM 87144

$74,950

Land2.00 acres (lot)

2825-2901 Hatfield St NE, Rio Rancho, NM 87144

Property at 916 Saratoga Dr NE, Rio Rancho, NM 87144

$75,000

Land0.91 acre (lot)

916 Saratoga Dr NE, Rio Rancho, NM 87144

Property at 1355 Leif Pl SE, Rio Rancho, NM 87124

$85,000

Land0.50 acre (lot)

1355 Leif Pl SE, Rio Rancho, NM 87124

Property at 5424 Vera Cruz Rd NE, Rio Rancho, NM 87144

$65,000

Land0.50 acre (lot)

5424 Vera Cruz Rd NE, Rio Rancho, NM 87144

Property at 59th (u2 B75 L24) St NW, Rio Rancho, NM 87144

$3,500

Land1.00 acre (lot)

59th (u2 B75 L24) St NW, Rio Rancho, NM 87144

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Cheap Homes for Sale in Rio Rancho

There are currently 1342 cheap homes for sale in Rio Rancho at a median listing price of $421K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Rio Rancho stay on the market for 65 days and receive 1 offers. Popular neighborhoods include Northwest Albuquerque, Taylor Ranch, Mariposa Subdivision, Enchanted Hills, and Ventana Ranch. This map is refreshed with the newest listings in Rio Rancho every 15 minutes.

In the past month, 161 homes have been sold in Rio Rancho. In addition to houses in Rio Rancho, there were also 16 condos, 21 townhouses, and 7 multi-family units for sale in Rio Rancho last month. Rio Rancho is a not walkable city in New Mexico with a Walk Score of 16. Rio Rancho is home to approximately 87,363 people and 22,276 jobs. Find your dream home in Rio Rancho using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Rio Rancho are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Rio Rancho. Our Rio Rancho real estate stats and trends will give you more information about home buying and selling trends in Rio Rancho. If you're looking to sell your home in the Rio Rancho area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Rio Rancho with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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