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

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SHORT SALE

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
Fantastic single level floor Plan with lots of natural light and 4 bedrooms. Spacious kitchen with breakfast nook area is open to the living dining room. Lots of counter and cabinet space plus a pantry. Primary bedroom has a walk in closet and a large primary bathroom. Roof was replaced 2023. Enjoy easy care outdoor living with a covered back patio and views from the back yard! Seller enjoyed watching Balloons land right behind the home. Lovely area with quick access to Unser and NO HOA.

$370,000

4 beds2 baths2,148 sq ft

861 Loma Pinon Loop NE, Rio Rancho, NM 87144

Breakfast nook area • Spacious kitchen • Covered back patio

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
This charming 1-bedroom, 1-bath condo is move-in ready and designed for comfortable living. Brand new carpet, updated appliances, and a generously sized kitchen create a warm and inviting atmosphere. The bathroom has been thoughtfully renovated, offering a modern touch. Enjoy your own private balcony; perfect for morning coffee or relaxing outdoors. Residents also have access to a community pool, ideal for cooling off during the warmer months. Schedule your showing today!

$135,900

1 bed1 bath883 sq ft

823 Country Club Dr SE Apt 2E, Rio Rancho, NM 87124

$171 HOA • Garage • Community pool

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
Move right into this beautifully updated two-story home featuring 3 bedrooms and 3 bathrooms. Renovated in 2024, it offers newer kitchen cabinets, appliances, updated bathrooms, and flooring throughout. The bright eat-in kitchen provides plenty of space for cooking and gathering, while large windows fill the home with natural light. The spacious primary suite offers a private retreat, and the functional floor plan is ideal for everyday living. Outside, enjoy a large fenced backyard perfect for entertaining, gardening, or pets. Mature front-yard trees provide shade and curb appeal, and the attached one-car garage adds convenient parking and storage.

$324,000

3 beds2.5 baths1,556 sq ft

1304 Elkslip Dr NE, Rio Rancho, NM 87144

Updated bathrooms • Mature trees • 6,970 sq ft lot

FLOOR PLAN

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
PRICE REDUCTION!!! Fantastic opportunity to make this Vista Hills home your own! This 3-bedroom, 4-bathroom property offers approximately 1,297 sq ft of functional living space with plenty of potential to customize and add value. Enjoy a large covered patio--perfect for relaxing or entertaining--along with a fully concrete front yard for low-maintenance living and convenient backyard access for added flexibility. Major updates have already been completed, including a new roof in 2023, HVAC system in 2019, and water heater in 2019. Whether you're a buyer with vision or looking for your next investment, this property offers a great blend of space, upgrades, and opportunity.

$315,000

3 beds4 baths1,297 sq ft

4908 Chromium Dr NE, Rio Rancho, NM 87124

Water heater • Large covered patio • Hvac system

OPEN TODAY, 12PM TO 5PM

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
Move in ready and amazing incentives! Ideally situated just minutes from Presbyterian Rust Medical Center, shopping, dining, and everyday conveniences, 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. Every detail is carefully considered to deliver lasting quality, modern style, and outstanding value--making it easier to step into homeownership with confidence.

$369,990

3 beds2 baths1,289 sq ft

3304 Dijamant Loop SE, Rio Rancho, NM 87124

4,398 sq ft lot • 2 garage spots • Built 2026

Property at 2881 Chessman Dr SE, Rio Rancho, NM 87124, 3 beds, 2 baths

$444,000

3 beds2 baths2,151 sq ft

2881 Chessman Dr SE, Rio Rancho, NM 87124

Property at 4528 Skyline Loop NE, Rio Rancho, NM 87144, 4 beds, 2 baths

$425,000

4 beds2 baths1,959 sq ft

4528 Skyline Loop NE, Rio Rancho, NM 87144

Property at 833 Country Club Dr SE Apt 2A, Rio Rancho, NM 87124, 2 beds, 2 baths

$185,000

2 beds2 baths1,133 sq ft

833 Country Club Dr SE Apt 2A, Rio Rancho, NM 87124

Property at 3652 Queen Ct NE, Rio Rancho, NM 87144, 3 beds, 2.5 baths

$341,015

3 beds2.5 baths1,761 sq ft

3652 Queen Ct NE, Rio Rancho, NM 87144

Property at 3512 North Pole Loop NE, Rio Rancho, NM 87144, 3 beds, 2 baths

$415,000

3 beds2 baths2,120 sq ft

3512 North Pole Loop NE, Rio Rancho, NM 87144

Property at 4221 North Pole Loop NE, Rio Rancho, NM 87144, 3 beds, 2 baths

$365,000

3 beds2 baths1,680 sq ft

4221 North Pole Loop NE, Rio Rancho, NM 87144

Property at 2443 Marble Ave NE, Rio Rancho, NM 87144, 3 beds, 2.5 baths

$439,990

3 beds2.5 baths1,888 sq ft

2443 Marble Ave NE, Rio Rancho, NM 87144

Property at 1525 Rawhide Loop NE, Rio Rancho, NM 87144, 4 beds, 3 baths

$449,900

4 beds3 baths2,257 sq ft

1525 Rawhide Loop NE, Rio Rancho, NM 87144

Property at 6817 Cleary Loop NE, Rio Rancho, NM 87144, 4 beds, 3 baths

$409,990

4 beds3 baths1,994 sq ft

6817 Cleary Loop NE, Rio Rancho, NM 87144

Property at 889 Tazanita Loop SE, Rio Rancho, NM 87124, 3 beds, 2.5 baths

$429,900

3 beds2.5 baths1,883 sq ft

889 Tazanita Loop SE, Rio Rancho, NM 87124

Property at 1533 Rawhide Loop NE, Rio Rancho, NM 87144, 4 beds, 2.5 baths

$409,900

4 beds2.5 baths1,839 sq ft

1533 Rawhide Loop NE, Rio Rancho, NM 87144

Property at 2444 Talisker St NE, Rio Rancho, NM 87144, 4 beds, 2.5 baths

$435,000

4 beds2.5 baths2,140 sq ft

2444 Talisker St NE, Rio Rancho, NM 87144

Property at 1644 Saddleback Trl NE, Rio Rancho, NM 87144, 4 beds, 2.5 baths

$409,900

4 beds2.5 baths1,839 sq ft

1644 Saddleback Trl NE, Rio Rancho, NM 87144

Property at 1612 Saddleback Trl NE, Rio Rancho, NM 87144, 4 beds, 2.5 baths

$414,900

4 beds2.5 baths1,839 sq ft

1612 Saddleback Trl NE, Rio Rancho, NM 87144

Property at 1628 Saddleback Trl NE, Rio Rancho, NM 87144, 4 beds, 2.5 baths

$409,900

4 beds2.5 baths1,839 sq ft

1628 Saddleback Trl NE, Rio Rancho, NM 87144

Property at Land Lot 1 Block 65, Rio Rancho, NM 87144

$50,000

Land1.00 acre (lot)

Land Lot 1 Block 65, Rio Rancho, NM 87144

Property at 2228 Cheetah Rd NE, Rio Rancho, NM 87124

$54,950

Land0.50 acre (lot)

2228 Cheetah Rd NE, Rio Rancho, NM 87124

Property at 5105 Onies Ct NE, Rio Rancho, NM 87144

$52,500

Land0.50 acre (lot)

5105 Onies Ct NE, Rio Rancho, NM 87144

Property at 1104 Vargas Rd SE, Rio Rancho, NM 87124

$89,000

Land1.62 acres (lot)

1104 Vargas Rd SE, Rio Rancho, NM 87124

Property at Sacramento Rd NW, Rio Rancho, NM 87124

$5,900

Land1.63 acres (lot)

Sacramento Rd NW, Rio Rancho, NM 87124

Property at 2506 Istle Rd NE, Rio Rancho, NM 87124

$110,000

Land0.62 acre (lot)

2506 Istle Rd NE, Rio Rancho, NM 87124

Property at 2309 3rd St SW, Rio Rancho, NM 87124

$17,000

Land1.19 acres (lot)

2309 3rd St SW, Rio Rancho, NM 87124

Property at 2 Lots 11th Ave SW, Rio Rancho, NM 87124

$25,000

Land1.00 acre (lot)

2 Lots 11th Ave SW, Rio Rancho, NM 87124

Property at 16th (u7 B9 L8) St NW #7, Rio Rancho, NM 87124

$26,000

Land0.50 acre (lot)

16th (u7 B9 L8) St NW #7, Rio Rancho, NM 87124

Property at 2516 Saltillo Rd NE, Rio Rancho, NM 87144

$69,000

Land1.00 acre (lot)

2516 Saltillo Rd NE, Rio Rancho, NM 87144

Property at Unit 13 Blk 7 Lot 11 - Dunster NE, Rio Rancho, NM 87144

$48,000

Land1.00 acre (lot)

Unit 13 Blk 7 Lot 11 - Dunster NE, Rio Rancho, NM 87144

Property at 405 14th Ave SE, Rio Rancho, NM 87124

$35,000

Land0.50 acre (lot)

405 14th Ave SE, Rio Rancho, NM 87124

Property at 16th St NW, Rio Rancho, NM 87144

$9,950

Land0.50 acre (lot)

16th St NW, Rio Rancho, NM 87144

Property at 25th Ave NW, Rio Rancho, NM 87144

$2,500

Land0.50 acre (lot)

25th Ave NW, Rio Rancho, NM 87144

Property at 2609 Globe Ct NE, Rio Rancho, NM 87124

$100,000

Land0.61 acre (lot)

2609 Globe Ct NE, Rio Rancho, NM 87124

Property at 1025 Picton St NE, Rio Rancho, NM 87124

$150,000

Land1.29 acres (lot)

1025 Picton St NE, Rio Rancho, NM 87124

Property at 4 Lots Unit 7 Rd NW, Rio Rancho, NM 87144

$20,000

Land4.10 acres (lot)

4 Lots Unit 7 Rd NW, Rio Rancho, NM 87144

Property at Gallup (u8 B11 L4) Rd SW #8, Rio Rancho, NM 87124

$29,400

Land1.00 acre (lot)

Gallup (u8 B11 L4) Rd SW #8, Rio Rancho, NM 87124

Property at 36th (u5 B8 L24) St SW #5, Rio Rancho, NM 87124

$26,100

Land1.69 acres (lot)

36th (u5 B8 L24) St SW #5, Rio Rancho, NM 87124

Property at 2 LOTS Sandia Blvd NW, Albuquerque, NM 87124

$25,000

Land2.00 acres (lot)

2 LOTS Sandia Blvd NW, Albuquerque, NM 87124

Property at Cheyenne (u4 B14 L273) Rd SW #4, Rio Rancho, NM 87124

$16,000

Land1.00 acre (lot)

Cheyenne (u4 B14 L273) Rd SW #4, Rio Rancho, NM 87124

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Cheap Homes for Sale in Rio Rancho

There are currently 1339 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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