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

1,325 homes

Sort:

Recommended

3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
Step into this beautifully updated Rio Rancho home featuring refrigerated air, a remodeled kitchen, updated bathrooms, new flooring, and fresh paint throughout. The bright, welcoming layout gives the home a clean, move in ready feel. Outside, the large lot with backyard access offers plenty of room for RV parking, trailers, recreational vehicles, a workshop, or future projects. Whether you're entertaining, gardening, or simply looking for extra space, this property offers plenty of flexibility. Located in growing Rio Rancho, this home has the updates, space, and features you've been looking for!

$375,000

3 beds2 baths1,717 sq ft

2513 Twin Buttes Dr NE, Rio Rancho, NM 87144

New kitchen • Backyard access • Rv parking

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
Welcome to this turn-key well maintained home! You will love the large rooms with flexible use of the spaces. The primary bedroom is downstairs. An upstairs bedroom has a separate entrance. The loft is a great space for your family/hobby room, office or make it a 5th bedroom. Home is updated with all new carpet in the bedrooms and LVP flooring in the living areas and fresh paint throughout including the kitchen, laundry and bathrooms cabinets. Just add your own accent colors! New updates include lighting/fans, outdoor lighting, garage door opener, garbage disposal, downstairs toilets, bathroom faucets, hardware on all the doors and new smoke/CO detectors. The front and backyards are attract

$415,000

5 beds2.5 baths2,272 sq ft

6113 Wildflower Pass NE, Rio Rancho, NM 87144

New outdoor lighting • 8,712 sq ft lot • 2 garage spots

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
This spacious home offers an incredible opportunity to create your dream property with just a little TLC! Ideally located within walking distance of the Bosque, you'll enjoy the beauty of nature while still being close to everyday conveniences. Car enthusiasts and hobbyists will appreciate the oversized 3-car garage featuring an epoxy-coated floor, plus a planked and lighted attic above for abundant storage. The kitchen is equipped with granite countertops, quality Merillat cabinetry, and a gas range, opening to a spacious living area with a cozy fireplace--perfect for entertaining or relaxing. The thoughtfully designed floor plan includes a Jack-and-Jill bathroom connecting the secondary b

$405,000

3 beds2 baths2,010 sq ft

2417 Manzano Loop NE, Rio Rancho, NM 87144

Granite countertops • Epoxy-coated floor • Gas range

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
Gorgeous and thoughtfully upgraded, this exceptional home is tucked into a beautifully manicured pocket of desirable Mountain Hawk Estates and offers an impressive combination of style, comfort and energy efficiency!Step inside to an abundance of natural light enhanced by soaring 9- and 10-foot tray ceilings, elegant 8-foot doors, recessed lighting and oil-rubbed bronze fixtures. At the heart of the home, the gourmet kitchen is designed to impress with granite countertops, staggered cabinetry, a beautiful single-basin apron-front sink and stainless steel built-in appliances, including a gas cooktop/range, range hood, microwave, wall oven and dishwasher. Built with efficiency in mind, this G

$394,000

4 beds2 baths1,911 sq ft

6403 Red Falcon Dr NE, Rio Rancho, NM 87144

Gas cooktop • Refrigerated air • Triple-pane windows

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
Updated, Charming 1-bedroom condo in Golden West Patio Apartments offering clean, low-maintenance living in a convenient Rio Rancho location. Fresh paint, new fixtures updated bath, and new vinyl flooring create a move-in-ready space. Open living and dining layout with kitchen appliances included. Enjoy well-kept landscaping, an enclosed community pool, and on-site laundry facilities. Ideal for retirees, investors, or anyone seeking an affordable, easy-care unit close to Intel, shopping, and services. Vacant and easy to show

$197,000

1 bed1 bath850 sq ft

1355 Rio Rancho Blvd SE Apt B, Rio Rancho, NM 87124

1 bedroom condo • Updated bath • New vinyl flooring

Property at 1426 Golden Eye Loop NE, Rio Rancho, NM 87144, 3 beds, 3 baths

$269,500

3 beds3 baths1,325 sq ft

1426 Golden Eye Loop NE, Rio Rancho, NM 87144

Property at 2869 Chessman Dr SE, Rio Rancho, NM 87124, 3 beds, 2 baths

$425,000

3 beds2 baths2,092 sq ft

2869 Chessman Dr SE, Rio Rancho, NM 87124

Property at 3603 Timberline Rd NE, Rio Rancho, NM 87144, 3 beds, 2 baths

$359,000

3 beds2 baths1,812 sq ft

3603 Timberline Rd NE, Rio Rancho, NM 87144

Property at 1333 Reynosa Loop SE, Rio Rancho, NM 87124, 4 beds, 2 baths

$425,000

4 beds2 baths2,054 sq ft

1333 Reynosa Loop SE, Rio Rancho, NM 87124

Property at 4223 Summit Park Rd NE, Rio Rancho, NM 87144, 4 beds, 3 baths

$425,000

4 beds3 baths2,058 sq ft

4223 Summit Park Rd NE, Rio Rancho, NM 87144

Property at 1824 Sierra Norte Loop NE, Rio Rancho, NM 87144, 4 beds, 2.5 baths

$337,000

4 beds2.5 baths2,224 sq ft

1824 Sierra Norte Loop NE, Rio Rancho, NM 87144

Property at 900 Peach Tree Rd SE, Rio Rancho, NM 87124, 3 beds, 2 baths

$329,900

3 beds2 baths1,754 sq ft

900 Peach Tree Rd SE, Rio Rancho, NM 87124

Property at 3700 Rancher Loop NE, Rio Rancho, NM 87144, 4 beds, 2.5 baths

$365,000

4 beds2.5 baths2,167 sq ft

3700 Rancher Loop NE, Rio Rancho, NM 87144

Property at 2777 Seaforth Cir NE, Rio Rancho, NM 87144, 3 beds, 2.5 baths

$447,990

3 beds2.5 baths— sq ft

2777 Seaforth Cir NE, Rio Rancho, NM 87144

Property at 948 Evening Primrose Ln, Bernalillo, NM 87004, 3 beds, 3 baths

$445,000

3 beds3 baths1,972 sq ft

948 Evening Primrose Ln, Bernalillo, NM 87004

Property at 4765 Jessica Dr NE, Rio Rancho, NM 87144, 3 beds, 2.5 baths

$339,900

3 beds2.5 baths2,005 sq ft

4765 Jessica Dr NE, Rio Rancho, NM 87144

Property at 937 Northern Blvd NE, Rio Rancho, NM 87124, 3 beds, 2 baths

$350,000

3 beds2 baths1,516 sq ft

937 Northern Blvd NE, Rio Rancho, NM 87124

Property at 1013 12th St SE, Rio Rancho, NM 87124, 4 beds, 2 baths

$387,500

4 beds2 baths2,295 sq ft

1013 12th St SE, Rio Rancho, NM 87124

Property at 3315 Esplanade Cir SE, Rio Rancho, NM 87124, 3 beds, 2 baths

$375,000

3 beds2 baths1,700 sq ft

3315 Esplanade Cir SE, Rio Rancho, NM 87124

Property at 2834 Bayas Rd SE, Rio Rancho, NM 87124, 3 beds, 2 baths

$374,900

3 beds2 baths1,686 sq ft

2834 Bayas Rd SE, Rio Rancho, NM 87124

Property at 6236 Wildflower Pass NE, Rio Rancho, NM 87144, 4 beds, 2.5 baths

$375,000

4 beds2.5 baths2,688 sq ft

6236 Wildflower Pass NE, Rio Rancho, NM 87144

Property at 4017 Montreal Loop NE, Rio Rancho, NM 87144, 3 beds, 2 baths

$319,900

3 beds2 baths1,348 sq ft

4017 Montreal Loop NE, Rio Rancho, NM 87144

Property at 5417 E Village Rd NE, Rio Rancho, NM 87144, 3 beds, 3 baths

$399,000

3 beds3 baths1,811 sq ft

5417 E Village Rd NE, Rio Rancho, NM 87144

Property at 3236 Renaissance Dr SE, Rio Rancho, NM 87124, 2 beds, 2.5 baths

$319,900

2 beds2.5 baths1,896 sq ft

3236 Renaissance Dr SE, Rio Rancho, NM 87124

Property at 1313 Sara Rd SE, Rio Rancho, NM 87124, 3 beds, 2 baths

$335,000

3 beds2 baths1,272 sq ft

1313 Sara Rd SE, Rio Rancho, NM 87124

Property at 3150 Turquesa Pl SE, Rio Rancho, NM 87124, 4 beds, 3 baths

$450,000

4 beds3 baths2,543 sq ft

3150 Turquesa Pl SE, Rio Rancho, NM 87124

Property at 1313 Elkslip Dr NE, Rio Rancho, NM 87144, 3 beds, 2.5 baths

$306,500

3 beds2.5 baths1,128 sq ft

1313 Elkslip Dr NE, Rio Rancho, NM 87144

Property at 7202 Wasilla Dr NE, Rio Rancho, NM 87144, 4 beds, 2.5 baths

$430,000

4 beds2.5 baths2,669 sq ft

7202 Wasilla Dr NE, Rio Rancho, NM 87144

Property at 7063 Wrangell Loop NE, Rio Rancho, NM 87144, 4 beds, 3.5 baths

$439,900

4 beds3.5 baths2,715 sq ft

7063 Wrangell Loop NE, Rio Rancho, NM 87144

Property at 3729 Lucid Meadows Dr NE, Rio Rancho, NM 87144, 3 beds, 2 baths

$320,000

3 beds2 baths1,362 sq ft

3729 Lucid Meadows Dr NE, Rio Rancho, NM 87144

Property at 1205 10th St NW, Rio Rancho, NM 87124, 4 beds, 2 baths

$260,000

4 beds2 baths2,240 sq ft

1205 10th St NW, Rio Rancho, NM 87124

Property at 135 Tarpon Ave SE, Rio Rancho, NM 87124, 4 beds, 2.5 baths

$425,000

4 beds2.5 baths1,897 sq ft

135 Tarpon Ave SE, Rio Rancho, NM 87124

Property at 5037 Brighton Hills Dr NE, Rio Rancho, NM 87144, 3 beds, 2 baths

$420,000

3 beds2 baths2,031 sq ft

5037 Brighton Hills Dr NE, Rio Rancho, NM 87144

Property at 348 Soothing Meadows Dr NE, Rio Rancho, NM 87144, 3 beds, 2.5 baths

$349,000

3 beds2.5 baths2,158 sq ft

348 Soothing Meadows Dr NE, Rio Rancho, NM 87144

Property at 4913 Chromium Dr NE, Rio Rancho, NM 87124, 3 beds, 2 baths

$325,000

3 beds2 baths1,527 sq ft

4913 Chromium Dr NE, Rio Rancho, NM 87124

Property at 2416 Eglisfield Loop NE, Rio Rancho, NM 87144, 3 beds, 2 baths

$379,990

3 beds2 baths1,519 sq ft

2416 Eglisfield Loop NE, Rio Rancho, NM 87144

Property at 701 Renaissance Loop SE, Rio Rancho, NM 87124, 3 beds, 2.5 baths

$340,000

3 beds2.5 baths1,837 sq ft

701 Renaissance Loop SE, Rio Rancho, NM 87124

Property at 6750 Colorado Ct NE, Rio Rancho, NM 87144, 3 beds, 2 baths

$385,000

3 beds2 baths2,008 sq ft

6750 Colorado Ct NE, Rio Rancho, NM 87144

Property at 4846 Sandia Peak Rd NE, Rio Rancho, NM 87144, 3 beds, 2 baths

$335,000

3 beds2 baths1,481 sq ft

4846 Sandia Peak Rd NE, Rio Rancho, NM 87144

Property at 1928 Cortina Loop SE, Rio Rancho, NM 87124, 2 beds, 2.5 baths

$320,000

2 beds2.5 baths1,883 sq ft

1928 Cortina Loop SE, Rio Rancho, NM 87124

Property at 2190 Monterrey Rd NE, Rio Rancho, NM 87144, 3 beds, 2 baths

$375,000

3 beds2 baths1,450 sq ft

2190 Monterrey Rd NE, Rio Rancho, NM 87144

Viewing page 3 of 33

Cheap Homes for Sale in Rio Rancho

There are currently 1325 cheap homes for sale in Rio Rancho at a median listing price of $425K. 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 6 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.

More real estate resources for Rio Rancho, NM

Nearby Cities

Neighborhoods

Zip Codes

Nearby Cities with Cheap Homes

Nearby Neighborhoods with Cheap Homes

More to explore in Rio Rancho, NM

Featured
Price

How to buy a house in Rio Rancho, NM

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Buy the right home at the right price near Rio Rancho with a local Redfin real estate agent.

Popular Markets in New Mexico

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.