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 stunning home offers the appeal of new construction without the wait or construction delays. The backyard landscaping, window coverings, and a wrought iron security screen front door have already been added, allowing you to enjoy the home from day one without taking on additional projects or expenses. The floor plan offers five bedrooms and three bathrooms, providing flexibility for guests, home office(s), hobbies, or multi-generational living. The spacious primary suite is thoughtfully separated from the secondary bedrooms, creating a private retreat complete with a large, unique walk-in shower and generous walk-in closet. An open area behind the home provides an unobstructed backdrop

$417,900

5 beds3 baths2,290 sq ft

4293 Crowned Eagle Loop NE, Rio Rancho, NM 87144

Window coverings • Exceptional views • Backyard landscaping

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
Welcome home to this beautifully refreshed 3-bedroom plus office , 2 bathroom home. Its move-in ready and full of charm! This property has been thoughtfully updated to offer modern style and everyday comfort. Step inside to a stunning kitchen that's sure to impress with abundant cabinetry, generous counter space that's perfect for entertaining and gathering with family and friends. Schedule your showing today and experience all this wonderful property has to offer!

$310,000

4 beds2 baths1,622 sq ft

517 Ne E First St NE, Albuquerque, NM 87124

0.5 acre lot • 2 garage spots • Built 1994

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
Looking for lots of space and a small electric bill? Huge 9750 kW solar system will keep your electric bills nominal, 2025 avg electric bill was $25! That means you save nearly $5,000 a year in electricity costs. $66,000 Solar System will be paid off at closing with a Transferable Warranty. New first floor carpeting as of August 2026. Kitchen includes updated backsplash, granite counters and new: Refrigerator, Microwave, Dishwasher, plus an extra Refrigerator in the garage. Tankless water heater (2023), remodeled upstairs bathroom (2022). Large Family room upstairs for a 2nd living area. Located on a cul-de-sac with front and back landscaping and a large backyard patio. No HOA or PID.

$430,000

4 beds2.5 baths2,901 sq ft

5317 Buckeye Ct NE, Rio Rancho, NM 87144

New refrigerator • New dishwasher • Updated backsplash

3D WALKTHROUGH

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
Welcome to this beautifully maintained 3-bedroom, 2-bath home, where thoughtful updates and inviting living spaces create a warm and welcoming atmosphere. Step inside to discover newly installed vinyl flooring throughout, abundant natural light, a cozy gas log fireplace, and two spacious living areas that offer exceptional flexibility for everyday living, entertaining, or relaxing. The versatile floor plan also provides the option for a fourth bedroom or dedicated office space, offering added flexibility to fit your needs. Outside, enjoy a freshly landscaped, low-maintenance xeriscaped backyard featuring a charming pergola and included patio furniture, creating an inviting outdoor retreat t

$385,000

3 beds2 baths2,180 sq ft

5524 Gladstone Dr NE, Rio Rancho, NM 87144

Turnkey home • Charming pergola • 7,405 sq ft lot

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
The Bosque floorplan at Lomas Encantadas Vistas in Rio Rancho, New Mexico is a thoughtfully designed single-story home that offers the perfect balance of space, comfort, and modern open-concept living. With approximately 1,649 square feet, 3 bedrooms, and 2 bathrooms, this home is ideal for buyers looking to step up in size while maintaining affordability near Albuquerque.

$386,365

3 beds2 baths1,649 sq ft

6893 Sydney Dr NE, Rio Rancho, NM 87144

6,970 sq ft lot • 2 garage spots • Built 2026

Property at 7069 Crystal Dr NE, Rio Rancho, NM 87144, 3 beds, 2 baths

$445,000

3 beds2 baths1,929 sq ft

7069 Crystal Dr NE, Rio Rancho, NM 87144

Property at 1717 Cowboy Haven Ln NE, Rio Rancho, NM 87144, 3 beds, 2 baths

$373,900

3 beds2 baths1,293 sq ft

1717 Cowboy Haven Ln NE, Rio Rancho, NM 87144

Property at 1009 El Paseo St NW, Rio Rancho, NM 87144, 3 beds, 2 baths

$339,900

3 beds2 baths1,423 sq ft

1009 El Paseo St NW, Rio Rancho, NM 87144

Property at 7119 Wasilla Dr NE, Rio Rancho, NM 87144, 4 beds, 2 baths

$375,000

4 beds2 baths1,722 sq ft

7119 Wasilla Dr NE, Rio Rancho, NM 87144

Property at 2630 Seaforth Cir NE, Rio Rancho, NM 87144, 4 beds, 2 baths

$430,000

4 beds2 baths1,976 sq ft

2630 Seaforth Cir NE, Rio Rancho, NM 87144

Property at 5606 Linq Ct NE, Rio Rancho, NM 87144, 3 beds, 2 baths

$355,000

3 beds2 baths1,478 sq ft

5606 Linq Ct NE, Rio Rancho, NM 87144

Property at 293 Spectrum Ave SW, Rio Rancho, NM 87124, 3 beds, 2 baths

$359,440

3 beds2 baths1,264 sq ft

293 Spectrum Ave SW, Rio Rancho, NM 87124

Property at 2628 Camino Azul Loop, Rio Rancho, NM 87144, 3 beds, 3 baths

$440,405

3 beds3 baths1,880 sq ft

2628 Camino Azul Loop, Rio Rancho, NM 87144

Property at 2712 Seaforth Cir NE, Rio Rancho, NM 87144, 3 beds, 2 baths

$424,925

3 beds2 baths1,566 sq ft

2712 Seaforth Cir NE, Rio Rancho, NM 87144

Property at Lot 24 22nd St NW, Rio Rancho, NM 87144

$9,450

Land1.00 acre (lot)

Lot 24 22nd St NW, Rio Rancho, NM 87144

Property at Lot 33 10th St SW, Rio Rancho, NM 87124

$9,450

Land0.50 acre (lot)

Lot 33 10th St SW, Rio Rancho, NM 87124

Property at Lot 48 14th St NW, Rio Rancho, NM 87144

$6,950

Land0.50 acre (lot)

Lot 48 14th St NW, Rio Rancho, NM 87144

Property at Lot 18 32nd St NW, Rio Rancho, NM 87144

$6,450

Land0.50 acre (lot)

Lot 18 32nd St NW, Rio Rancho, NM 87144

Property at Marilyn U26 B60 L17 St NW #26, Rio Rancho, NM 87144

$1,700

Land0.62 acre (lot)

Marilyn U26 B60 L17 St NW #26, Rio Rancho, NM 87144

Property at 29 Hidalgo Rd SW, Rio Rancho, NM 87124

$5,450

Land0.50 acre (lot)

29 Hidalgo Rd SW, Rio Rancho, NM 87124

Property at 2 Lots 44th (u:1 B:44 L:2 & 7) St NW, Rio Rancho, NM 87144

$5,750

Land2.00 acres (lot)

2 Lots 44th (u:1 B:44 L:2 & 7) St NW, Rio Rancho, NM 87144

Property at 1008 Acapulco Ct NE, Rio Rancho, NM 87144

$65,000

Land0.50 acre (lot)

1008 Acapulco Ct NE, Rio Rancho, NM 87144

Property at 637 Northern Blvd NE, Rio Rancho, NM 87144

$42,500

Land0.34 acre (lot)

637 Northern Blvd NE, Rio Rancho, NM 87144

Property at 641 Northern Blvd NE, Rio Rancho, NM 87144

$42,500

Land0.34 acre (lot)

641 Northern Blvd NE, Rio Rancho, NM 87144

Property at Rr Estates Unt12, Blk B, Lot89, Rio Rancho, NM 87124

$42,500

Land0.34 acre (lot)

Rr Estates Unt12, Blk B, Lot89, Rio Rancho, NM 87124

$8,000

Land0.50 acre (lot)

Block: 5 Lot: 10 Unit: 4 NW, Rio Rancho, NM 87144

Property at 47th (u3 B61 L13) St SW, Albuquerque, NM 87124

$4,800

Land1.00 acre (lot)

47th (u3 B61 L13) St SW, Albuquerque, NM 87124

Property at 2nd (u5 B16 L78) Ave SW, Albuquerque, NM 87124

$5,000

Land1.00 acre (lot)

2nd (u5 B16 L78) Ave SW, Albuquerque, NM 87124

Property at 701 Acebo Rd NE, Rio Rancho, NM 87124

$129,000

Land1.83 acres (lot)

701 Acebo Rd NE, Rio Rancho, NM 87124

Property at Terrene (u21 B108 L8, 9) Rd NE, Rio Rancho, NM 87144

$25,000

Land1.00 acre (lot)

Terrene (u21 B108 L8, 9) Rd NE, Rio Rancho, NM 87144

Property at 804 Villa Rd SE, Rio Rancho, NM 87124

$122,500

Land0.50 acre (lot)

804 Villa Rd SE, Rio Rancho, NM 87124

Property at 5th St SW, Rio Rancho, NM 87124

$12,000

Land0.50 acre (lot)

5th St SW, Rio Rancho, NM 87124

Property at 6132 Place Rooster Pt NE, Rio Rancho, NM 87144

$265,000

Land0.87 acre (lot)

6132 Place Rooster Pt NE, Rio Rancho, NM 87144

Property at 2224 9th St NE, Rio Rancho, NM 87144

$39,000

Land1.56 acres (lot)

2224 9th St NE, Rio Rancho, NM 87144

Property at 2508 Southern Blvd SE, Rio Rancho, NM 87124

$135,000

Land28.00 acres (lot)

2508 Southern Blvd SE, Rio Rancho, NM 87124

Property at 12th Ave SE Lot 41, Rio Rancho, NM 87124

$45,000

Land0.50 acre (lot)

12th Ave SE Lot 41, Rio Rancho, NM 87124

Property at 1116 10th Street Se St SE, Rio Rancho, NM 87124

$66,000

Land0.50 acre (lot)

1116 10th Street Se St SE, Rio Rancho, NM 87124

Property at 45th (u1 B58 L17) St NW, Rio Rancho, NM 87144

$3,500

Land1.02 acres (lot)

45th (u1 B58 L17) St NW, Rio Rancho, NM 87144

Property at Muscatel (u20 B63 L8, 9, 10) Rd NE, Rio Rancho, NM 87144

$12,000

Land1.50 acres (lot)

Muscatel (u20 B63 L8, 9, 10) Rd NE, Rio Rancho, NM 87144

Property at 2 lots 3rd (u:8 B:27 L:16&17) Ave NW, Rio Rancho, NM 87124

$30,000

Land2.00 acres (lot)

2 lots 3rd (u:8 B:27 L:16&17) Ave NW, Rio Rancho, NM 87124

Property at 1835 15th Ave SE, Rio Rancho, NM 87124

$65,000

Land0.50 acre (lot)

1835 15th Ave SE, Rio Rancho, NM 87124

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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.

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