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:
Exceptional 0.5-acre parcel of bare land offering breathtaking views of Sandia Mountains and the perfect canvas for your dream home or investment opportunity. Nestled in a serene setting, this property provides a unique blend of tranquility and accessibility. Close to shopping and schools. Right down the road from Road Runner Park.

$20,000

Land0.50 acre (lot)

4617 Rye Rd NE, Rio Rancho, NM 87144

Breathtaking views • Close to schools • Sandia mountains

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 50 days

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
Half-acre lot in northern Rio Rancho, New Mexico with solid upside! * * This 0.5-acre parcel sits in a quiet residential pocket near the Northern Meadows area, close to King Blvd NW and Rainbow Blvd. The location benefits from ongoing residential growth and convenient access to major local roads while still offering a peaceful setting for your plans. Perfect for building or holding in a developing part of the city. Take the step and own land today!

$8,000

Land0.50 acre (lot)

Sultan (u22 B25 L36) St NW, Rio Rancho, NM 87124

Peaceful setting

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
Positioned on the well-maintained Sandia Blvd, this half-acre parcel in Rio Rancho Estates combines a prime location with natural beauty. The property features a dirt road in excellent condition and is conveniently located just 1/2 to 1 mile from power. Enjoy sweeping views of the high desert terrain while being just minutes from local shopping and dining options. This strategically positioned lot offers both the tranquility of rural living and the convenience of urban amenities. Whether you're planning to build your custom residence or looking for a valuable investment in Rio Rancho's expanding market, this property provides the perfect foundation. Secure your opportunity in one of New Mex

$13,000

Land0.50 acre (lot)

Sandia (u8 B93 L10) Blvd, Rio Rancho, NM 87124

High desert terrain • Custom residence

ABOUT THIS HOME
Cheap Home for sale in Rio Rancho, NM:
Rare opportunity on a prime 1.125-acre corner lot in Rio Rancho! Zoned E-1 (Estate Residential), this lot is approved for horses, making it perfect for your custom equestrian setup, multi-car garage, or expansive outdoor living oasis. Situated on a paved road surrounded by impressive custom homes, this generous parcel offers incredible space and flexibility. Enjoy stunning New Mexico mountain views and expansive sky vistas. Key utilities are located nearby, with water and natural gas in the street. Ideal for custom home buyers or builders seeking a premier lot in a desirable, growing area. Drive by and explore the potential today!

$100,000

Land1.13 acres (lot)

1124 8th St NE, Rio Rancho, NM 87144

Paved road • Custom homes • Approved for horses

Property at Southern U2 B11 L56 Blvd SW #2, Rio Rancho, NM 87124

$10,500

Land0.50 acre (lot)

Southern U2 B11 L56 Blvd SW #2, Rio Rancho, NM 87124

Property at 1375 Leif Pl SE, Rio Rancho, NM 87124

$85,000

Land0.50 acre (lot)

1375 Leif Pl SE, Rio Rancho, NM 87124

Property at 3117 Oldenburg Rd NE, Rio Rancho, NM 87144

$119,500

Land0.50 acre (lot)

3117 Oldenburg Rd NE, Rio Rancho, NM 87144

Property at 1220 Westside Blvd SE, Rio Rancho, NM 87124

$209,700

Land0.95 acre (lot)

1220 Westside Blvd SE, Rio Rancho, NM 87124

Property at 34th (u23 B12 L5, 6) Ave NW, Rio Rancho, NM 87144

$10,000

Land1.00 acre (lot)

34th (u23 B12 L5, 6) Ave NW, Rio Rancho, NM 87144

Property at 540 Morning Sky Ave NE, Rio Rancho, NM 87144

$25,000

Land1.00 acre (lot)

540 Morning Sky Ave NE, Rio Rancho, NM 87144

Property at 5 4th St NE, Rio Rancho, NM 87124

$12,999

Land0.53 acre (lot)

5 4th St NE, Rio Rancho, NM 87124

Property at Rio Rancho Est U9 B3 L46, Rio Rancho, NM 87124

$27,000

Land0.50 acre (lot)

Rio Rancho Est U9 B3 L46, Rio Rancho, NM 87124

Property at 2100 22nd Ave SW, Rio Rancho, NM 87124

$10,000

Land1.00 acre (lot)

2100 22nd Ave SW, Rio Rancho, NM 87124

Property at 30th U5 B28 L6 St SW #5, Rio Rancho, NM 87124

$24,000

Land1.00 acre (lot)

30th U5 B28 L6 St SW #5, Rio Rancho, NM 87124

Property at 1409 Oak Pl NE, Rio Rancho, NM 87144

$35,000

Land1.44 acres (lot)

1409 Oak Pl NE, Rio Rancho, NM 87144

Property at 5612-5616 Columbine Rd NE, Rio Rancho, NM 87144

$9,000

Land1.00 acre (lot)

5612-5616 Columbine Rd NE, Rio Rancho, NM 87144

Property at Block: 16 Lot: 168 Unit: 5, Rio Rancho, NM 87124

$21,000

Land1.00 acre (lot)

Block: 16 Lot: 168 Unit: 5, Rio Rancho, NM 87124

Property at 3603 Elegy Ln NE, Rio Rancho, NM 87144

$29,900

Land0.57 acre (lot)

3603 Elegy Ln NE, Rio Rancho, NM 87144

Property at 328 20th Ave NE, Rio Rancho, NM 87144

$15,000

Land0.50 acre (lot)

328 20th Ave NE, 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 Lyric U26 B59 L20 Rd NW #26, Rio Rancho, NM 87144

$1,600

Land0.50 acre (lot)

Lyric U26 B59 L20 Rd NW #26, Rio Rancho, NM 87144

Property at 6032 Ursa Ct NE, Rio Rancho, NM 87144

$15,000

Land0.67 acre (lot)

6032 Ursa Ct NE, Rio Rancho, NM 87144

Property at 841 20th Ave NE, Rio Rancho, NM 87144

$38,000

Land1.56 acres (lot)

841 20th Ave NE, Rio Rancho, NM 87144

Property at 520 Cherry Rd NE, Rio Rancho, NM 87144

$33,000

Land1.00 acre (lot)

520 Cherry Rd 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 8 Lots At Rio Rancho Ests, Rio Rancho, NM 87144

$80,000

Land4.16 acres (lot)

8 Lots At Rio Rancho Ests, Rio Rancho, NM 87144

Property at 1802 Coulter St NE, Rio Rancho, NM 87144

$74,900

Land0.50 acre (lot)

1802 Coulter St NE, Rio Rancho, NM 87144

Property at 671 Nightglow Ave NE, Rio Rancho, NM 87144

$20,000

Land0.50 acre (lot)

671 Nightglow Ave 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 2617 Braunfels St NE, Rio Rancho, NM 87144

$52,000

Land1.00 acre (lot)

2617 Braunfels St NE, Rio Rancho, NM 87144

Property at 4200 Azure Dr NE, Rio Rancho, NM 87144

$4,500

Land0.64 acre (lot)

4200 Azure Dr NE, Rio Rancho, NM 87144

Property at 2221 Montezuma Blvd NE, Rio Rancho, NM 87144

$20,000

Land0.50 acre (lot)

2221 Montezuma Blvd NE, Rio Rancho, NM 87144

Property at Bankbury (u13 B11 L23, 24, 25) St NE, Rio Rancho, NM 87144

$90,000

Land3.00 acres (lot)

Bankbury (u13 B11 L23, 24, 25) St NE, Rio Rancho, NM 87144

Property at 411 19th Ave NE, Rio Rancho, NM 87144

$5,000

Land3,049 sq ft (lot)

411 19th Ave NE, Rio Rancho, NM 87144

Property at 5324-5328 Verado Rd NE, Rio Rancho, NM 87144

$15,000

Land0.50 acre (lot)

5324-5328 Verado Rd NE, Rio Rancho, NM 87144

Property at 12th Ave SE Lot 40, Rio Rancho, NM 87124

$55,000

Land0.50 acre (lot)

12th Ave SE Lot 40, Rio Rancho, NM 87124

Property at 1526 Broadmoor Blvd NE, Rio Rancho, NM 87144

$60,000

Land0.50 acre (lot)

1526 Broadmoor Blvd NE, Rio Rancho, NM 87144

Property at 1708-1712 Joyce Rd NE, Rio Rancho, NM 87144

$12,000

Land0.50 acre (lot)

1708-1712 Joyce Rd NE, Rio Rancho, NM 87144

Property at 4253 Corral Rd NE, Rio Rancho, NM 87144

$20,000

Land0.50 acre (lot)

4253 Corral Rd NE, Rio Rancho, NM 87144

Property at 4 Lots At Yuscaran Rd NE, Rio Rancho, NM 87144

$30,000

Land2.00 acres (lot)

4 Lots At Yuscaran Rd NE, Rio Rancho, NM 87144

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Cheap Homes for Sale in Rio Rancho

There are currently 1333 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 66 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, 160 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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