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:
Gorgeous mountain views on 1 acre lot in Southern Rio Rancho. Property is located approximately 1 mile NW of the newly extended Westside Blvd, one of the fastest developing areas in Rio Rancho/NW Albuquerque. The addition of Presbyterian Rust Medical Center Hospital has resulted in rapid growth of custom homes, shopping, theaters, restaurants, brewpubs, and medical offices. New home subdivisions currently being build adjacent to the new elementary school opened September 2021. Existing master planning and fund allocation includes extending nearby Rainbow Blvd South to existing 4-lane Blvd at Albuquerque city limits. Excellent opportunity to own property in this growing area before land valu

$30,000

Land1.00 acre (lot)

00 15th Ave SW, Rio Rancho, NM 87124

Custom homes • Shopping

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
Great investment lot close to underground gas and electric. Seller will consider owner financing with $2500 down and the remaining balance at 6% interest over 10 years. Contact broker for details. Buyer to verify cost and location of all utilities prior to closing.

$19,900

Land0.50 acre (lot)

5029 Hummell Rd NE, Rio Rancho, NM 87144

Listed 346 days

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
Quiet and with amazing views, this is a choice half acre! Located near Encino Rd and 19th Ave! Land at an amazing price! Your future self will thank you for this purchase!

$3,500

Land0.50 acre (lot)

38th (u6 B18 L20) St NW, Rio Rancho, NM 87144

Near 19th ave • Near encino rd

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
Prime Rio Rancho location and a wonderful opportunity to build and grow your business! Situated on 1.8 acres that backs to an arroyo, has panoramic mountain views and is within a close proximity to Sandoval County Regional Hospital, CNM, Rio Rancho Star Center and more!

$29,000

Land1.88 acres (lot)

2523 Pluma Ct NE, Rio Rancho, NM 87144

Backs to an arroyo

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
Take advantage of this rare opportunity to own a development-ready lot in the growing Wallen Park area of Rio Rancho. Perfect for building a custom home or as a smart investment, this lot offers flexible space and endless possibilities for future use. Ideally located near local amenities, it provides both convenience and the freedom to create something uniquely your own. Whether purchased alone or alongside the neighboring lot, this property gives you the chance to shape your vision and make it a reality.

$93,000

Land0.50 acre (lot)

21 2nd St NE, Albuquerque, NM 87124

Wallen park area • Listed 318 days

Property at 34th (u5 B46 L25) St NW, Rio Rancho, NM 87124

$7,500

Land1.00 acre (lot)

34th (u5 B46 L25) St NW, Rio Rancho, NM 87124

Property at 5109 Hummell Rd NE, Rio Rancho, NM 87144

$25,000

Land0.50 acre (lot)

5109 Hummell Rd NE, Rio Rancho, NM 87144

Property at 5113 Hummell Rd NE, Rio Rancho, NM 87144

$25,000

Land0.50 acre (lot)

5113 Hummell Rd NE, Rio Rancho, NM 87144

Property at 2308 Desert Marigold Rd NE, Rio Rancho, NM 87144

$85,000

Land0.53 acre (lot)

2308 Desert Marigold Rd NE, Rio Rancho, NM 87144

Property at 5107-5119 Findlay St NE, Rio Rancho, NM 87144

$7,900

Land0.50 acre (lot)

5107-5119 Findlay St NE, Rio Rancho, NM 87144

Property at 19th St SW, Rio Rancho, NM 87124

$10,000

Land0.50 acre (lot)

19th St SW, Rio Rancho, NM 87124

Property at 16 6th (u11 B14 L4) St NE, Rio Rancho, NM 87124

$20,000

Land0.50 acre (lot)

16 6th (u11 B14 L4) St NE, Rio Rancho, NM 87124

Property at Deneb Ct, Rio Rancho, NM 87144

$20,000

Land0.50 acre (lot)

Deneb Ct, Rio Rancho, NM 87144

Property at 34th St NW, Albuquerque, NM 87124

$6,000

Land1.00 acre (lot)

34th St NW, Albuquerque, NM 87124

Property at 5105 Hummell Rd NE, Rio Rancho, NM 87144

$25,000

Land0.50 acre (lot)

5105 Hummell Rd NE, Rio Rancho, NM 87144

Property at 5101 Hummell Rd NE, Rio Rancho, NM 87144

$25,000

Land0.50 acre (lot)

5101 Hummell Rd NE, Rio Rancho, NM 87144

Property at 17th Ave Sw Ave SW, Rio Rancho, NM 87124

$3,500

Land0.50 acre (lot)

17th Ave Sw Ave SW, Rio Rancho, NM 87124

Property at Lot 36 5th St NE, Rio Rancho, NM 87124

$60,000

Land0.50 acre (lot)

Lot 36 5th St NE, Rio Rancho, NM 87124

Property at Lot 37 5th St NE, Rio Rancho, NM 87124

$60,000

Land0.50 acre (lot)

Lot 37 5th St NE, Rio Rancho, NM 87124

Property at 000 Metro Ct NE, Rio Rancho, NM 87144

$92,500

Land0.50 acre (lot)

000 Metro Ct NE, Rio Rancho, NM 87144

Property at Welkin (u21blk82l15) Road Ne Rd NE, Rio Rancho, NM 87144

$3,900

Land0.50 acre (lot)

Welkin (u21blk82l15) Road Ne Rd NE, Rio Rancho, NM 87144

Property at XXX Artura Rd NW #23, Rio Rancho, NM 87144

$4,000

Land1.00 acre (lot)

XXX Artura Rd NW #23, Rio Rancho, NM 87144

Property at 6017, 6025 Cresent Ct NE #20, Rio Rancho, NM 87144

$38,000

Land1.60 acres (lot)

6017, 6025 Cresent Ct NE #20, Rio Rancho, NM 87144

Property at 49th (u23 B63 L30) .5 Ac. Ave NW, Rio Rancho, NM 87144

$1,900

Land0.50 acre (lot)

49th (u23 B63 L30) .5 Ac. Ave NW, Rio Rancho, NM 87144

Property at Mendocino (u23 B130 L29&30&31) Rd NW, Rio Rancho, NM 87144

$5,000

Land1.59 acres (lot)

Mendocino (u23 B130 L29&30&31) Rd NW, Rio Rancho, NM 87144

Property at 1700 3rd St NE, Rio Rancho, NM 87144

$21,900

Land2.18 acres (lot)

1700 3rd St NE, Rio Rancho, NM 87144

Property at 3900 Beta Dr NE, Rio Rancho, NM 87144

$15,500

Land0.50 acre (lot)

3900 Beta Dr NE, Rio Rancho, NM 87144

Property at 3816 Beta Dr NE, Rio Rancho, NM 87144

$15,500

Land0.50 acre (lot)

3816 Beta Dr NE, Rio Rancho, NM 87144

Property at 2601 Hatfield St NE, Rio Rancho, NM 87144

$45,000

Land1.00 acre (lot)

2601 Hatfield St NE, Rio Rancho, NM 87144

Property at 2402 Desert Zinnia Rd, Rio Rancho, NM 87144

$80,000

Land0.59 acre (lot)

2402 Desert Zinnia Rd, Rio Rancho, NM 87144

Property at Antares Ct NE, Rio Rancho, NM 87144

$16,000

Land0.50 acre (lot)

Antares Ct NE, Rio Rancho, NM 87144

Property at 2 Lots Chippewa Rd SW, Rio Rancho, NM 87124

$12,000

Land2.00 acres (lot)

2 Lots Chippewa Rd SW, Rio Rancho, NM 87124

Property at 2208 Teak U17 Bbb L12 Rd NE #17, Rio Rancho, NM 87144

$17,500

Land0.23 acre (lot)

2208 Teak U17 Bbb L12 Rd NE #17, Rio Rancho, NM 87144

Property at 213 Tulip U11 Ba L23 Rd SE #11, Rio Rancho, NM 87124

$12,000

Land0.40 acre (lot)

213 Tulip U11 Ba L23 Rd SE #11, Rio Rancho, NM 87124

Property at 12th (u8 B9 L141) St SW #8, Rio Rancho, NM 87124

$39,400

Land0.50 acre (lot)

12th (u8 B9 L141) St SW #8, Rio Rancho, NM 87124

Property at Lot 18 33rd St SW, Rio Rancho, NM 87124

$14,000

Land1.00 acre (lot)

Lot 18 33rd St SW, Rio Rancho, NM 87124

Property at 2204 2204 Teak (u17 Bbb L13) Rd NE #17, Rio Rancho, NM 87144

$15,400

Land0.23 acre (lot)

2204 2204 Teak (u17 Bbb L13) Rd NE #17, Rio Rancho, NM 87144

Property at 2124 2124 Teak U17 Bb Lot 18 NE #17, Rio Rancho, NM 87144

$17,500

Land0.23 acre (lot)

2124 2124 Teak U17 Bb Lot 18 NE #17, Rio Rancho, NM 87144

Property at 2120 2120 Teak U17 Bb Lot 19 NE #17, Rio Rancho, NM 87144

$17,500

Land0.23 acre (lot)

2120 2120 Teak U17 Bb Lot 19 NE #17, Rio Rancho, NM 87144

Property at 2109 2109 Teak U17 Bm Lot 22 NE #17, Rio Rancho, NM 87144

$21,500

Land0.49 acre (lot)

2109 2109 Teak U17 Bm Lot 22 NE #17, Rio Rancho, NM 87144

Property at 5108 5108 28th U17 Bn Lot 3 NE #17, Rio Rancho, NM 87144

$16,400

Land0.31 acre (lot)

5108 5108 28th U17 Bn Lot 3 NE #17, Rio Rancho, NM 87144

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Cheap Homes for Sale in Rio Rancho

There are currently 1335 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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