Rio Rancho Homes under $400,000

Welcome to Rio Rancho, New Mexico – a vibrant city nestled in the heart of Sandoval County, where stunning desert landscapes meet a thriving community spirit. Known for its breathtaking views of the Sandia Mountains and a rich cultural heritage, Rio Rancho offers a unique blend of outdoor adventures, family-friendly amenities, and a welcoming atmosphere. With its proximity to Albuquerque, residents enjoy easy access to urban conveniences while relishing the tranquility of suburban life.

For those seeking a home in this enchanting city, Rio Rancho boasts an impressive selection of properties under $400,000. Whether you're a first-time homebuyer, looking to downsize, or searching for a family-friendly abode, you'll find an array of options that cater to diverse lifestyles. From charming single-family homes with spacious yards to modern townhouses equipped with contemporary amenities, there’s something for everyone in this thriving market.

Rio Rancho is renowned for its excellent schools, beautiful parks, and a variety of recreational activities. Residents can indulge in hiking, biking, and exploring the stunning natural beauty that surrounds the area. The city also hosts a variety of community events throughout the year, fostering a strong sense of belonging among its residents.

With its affordable housing options and a dynamic community, Rio Rancho is not just a place to live; it’s a place to thrive. Explore your dream home in this picturesque city today, and discover why so many are choosing to make Rio Rancho their forever home!

Newest Rio Rancho Homes under $400,000

$275,000

2 Beds ⋅ 2 Baths

Great Home, Corner lot! 2 Bedroom (possible 3) 2 Bathroom. Seller has put some $$$ in this home. New Furnace 2025, New Water Heater in 2020,TPO Roof in 2020 and NO POLYBUTYLENE as of 2020. This home is just waiting for you to put your touch on it. Come take a look.

1645 Evelyn Drive NE, Rio Rancho

$325,000

3 Beds ⋅ 2 Baths

SHORT SALE! Subject to bank approval. 5 year old DR Horton. Spacious and desirable floor plan, in a well kept, tidy community. Epoxy garage floor, water softener, large laundry room. Easy backyard w/ storage shed. Parks, open space and privacy in the Mountain Hawk Community. Close to the 528/550 hub and just a short drive from the Jemez. HOA only $30 a month and NO PID. Seller CAN NOT make any repairs, sold completly AS IS. Subject to financial approval from current lender. Give time for response and closing date. Easy to show.

4820 Blackburn Road NE, Rio Rancho

$308,000

3 Beds ⋅ 2 Baths

Welcome to this inviting single-story home on a corner lot in Rio Rancho! Featuring 3 bedrooms, 2 bathrooms. This home offers high ceilings and an attached 2-car garage. Recent improvements include replaced carpet, updated exterior paint and stucco, a freshly landscaped front yard, and a roof replaced in May. Enjoy the covered patio and terraced backyard with room to relax or entertain. Conveniently located near a park, this home combines comfortable living with refreshed curb appeal.

611 Chuckwagon Road SE, Rio Rancho

$379,900

3 Beds ⋅ 2 Baths

THIS is the New Mexico lifestyle you've been waiting for! Set on a spacious 1/2-acre lot, this inviting home captures the best of indoor/outdoor living with gorgeous mountain views, spectacular sunrises and sunsets, and unforgettable hot-air balloon views during the Albuquerque International Balloon Fiesta. The open floor plan features a remodeled kitchen with granite countertops, glass-tile backsplash, stainless-steel appliances, and a spacious island, while wood-plank style ceramic tile and a charming kiva-style fireplace add warmth and New Mexico character. French doors lead to a wonderful second living space--a heated and cooled sunroom with expansive windows framing the Sandias. Outside, the completely walled backyard is designed for entertaining, featuring a large pergola, spacious patio, paved walkways, and hot tub with a newer pump and cover. Gated backyard access includes a 9-foot-wide gate and paved RV parking. Recent improvements include a newer water heater, newer MasterCool evaporative unit, sunroom heating/cooling system, lighting, fans, and more.

120 Itasca Road SE, Rio Rancho

1357 Rio Rancho Boulevard SE Unit APT D, Rio Rancho

$240,000

3 Beds ⋅ 2 Baths

This charming 3 bedroom 2 bath condo is located in the Golden West 55+ Community in Rio Rancho. Close to shopping, medical facilities and everyday amenities. Wonderful open floor plan with vaulted ceilings and exposed beams. Kitchen flows seamlessly into dining room and living areas. Spacious primary bedroom with en suite bath. Washer and dryer located in unit. Refrigerated air, roof replaced in 2018, water heater replaced in 2026 and newer windows. The community club house features a workout room and library and offers a space for gatherings. HOA covers stucco, landscaping, clubhouse, water, sewer and trash.

1357 Rio Rancho Boulevard SE Unit APT D, Rio Rancho

$345,000

4 Beds ⋅ 2 Baths

Experience comfortable living in this inviting 4-bedroom, 2-bath single-story home in Rio Rancho's High Range community. Offering approximately 1,673 square feet, the thoughtfully designed floor plan features a spacious living area, well-appointed kitchen with a full appliance package, and a private primary suite with a full bath. Refrigerated air provides year-round comfort, while tile and carpet flooring add warmth and practicality throughout. Step outside to a private walled backyard with an open patio, offering an ideal setting to relax or entertain. Complete with an attached 2-car garage and convenient access to schools, shopping, dining, and everyday amenities, this home presents an exceptional blend of space, comfort, and effortless living.

3798 Cattle Drive NE, Rio Rancho

3541 Lavender Meadows Drive NE, Rio Rancho

$369,900

4 Beds ⋅ 3 Baths

Welcome to this refreshed 4-bedroom, 2.5-bath home in Rio Rancho, offering a spacious open floor plan and flexible living spaces. Fresh interior paint, updated light fixtures and ceiling fans, new kitchen countertops, new primary bath shower insert, and upstairs bath shower doors give the home a clean, updated feel. Two separate living areas provide plenty of room for entertaining and everyday living, while the upstairs loft offers additional space for a home office, media room, or play area. The nicely sized, fully walled backyard is a blank canvas for buyers to bring their vision to life, whether creating an outdoor retreat, entertaining space, or garden. Major updates include a newer water heater, AC, and furnace, all replaced within the last three years. This property is truly move-in ready. Conveniently located near Rio Rancho City Center, the Events Center, shopping, and dining, this home offers both comfort and convenience.

3541 Lavender Meadows Drive NE, Rio Rancho

$350,000

4 Beds ⋅ 2 Baths

Welcome to this inviting Rio Rancho home offering 3 bedrooms, 2 baths and a versatile bonus space/4th bedroom with a closet located just off the garage. Perfect for a private home office, music room, studio, gym or flex space, this extra room provides endless possibilities. Inside, enjoy a bright and comfortable layout with updated windows, vinyl flooring, new water heater, updated appliances and refrigerated air for year-round comfort. Natural light fills the living spaces, while the functional floor plan offers plenty of room to relax and entertain. Thoughtful updates, flexible living space and a great Rio Rancho location make this home one you won't want to miss!

749 Littler Drive SE, Rio Rancho

$395,000

4 Beds ⋅ 2 Baths

Welcome to this highly sought-after Hakes Brothers Sandia (1907) floor plan in Mountain Hawk Estates! This stunning three-year-old home offers four bedrooms, two bathrooms, and a bright, open layout. The gourmet kitchen features upgraded quartz countertops, an oversized center island, and stainless steel appliances. Enjoy outdoor living in the fully landscaped backyard, complete with recently installed grass and a spacious covered patio. Conveniently located just minutes from Unser Boulevard and Highway 550, this home offers easy access to popular shopping, restaurants, and more. Contact your favorite Realtor to schedule a showing today!

4141 Crowned Eagle Loop NE, Rio Rancho

$260,000

2 Beds ⋅ 1 Baths

Enjoy beautiful Sandia Mountain views and room to spread out at this 2-bedroom, 1-bath Rio Rancho home. The spacious lot offers no rear neighbor and plenty of opportunity to create your own outdoor retreat with landscaping, gardening, or space to relax and entertain. A one-car garage provides convenient parking or additional storage. Updates include redone plumbing, refrigerated air, new cabinets, and new carpet in the bedrooms, plus a roof approximately five years old. Move in, add your personal touches, and make the most of the generous outdoor space and mountain backdrop.

372 Pearl Drive NE, Rio Rancho

$350,000

3 Beds ⋅ 2 Baths

Welcome home to this beautifully maintained home in the highly desirable Cabezon community! Step inside to a bright, open floor plan featuring soaring ceilings, ceramic tile throughout the main living areas, and brand-new carpet in all bedrooms. The spacious kitchen opens seamlessly to the living and dining areas, creating an inviting space for everyday living and entertaining. Enjoy year-round comfort with refrigerated air, plus a tile roof and two-car garage. The landscaped backyard is ready to enjoy with low-maintenance turf, newly planted trees, a covered patio, and an above-ground pool with equipment included. Ideally located within walking distance of several neighborhood parks and the community pool, with schools, shopping, dining, and everyday conveniences nearby. This home offers the space, location, and lifestyle that make Cabezon such a sought-after Rio Rancho community!

1390 Peppoli Loop SE, Rio Rancho

$345,000

3 Beds ⋅ 2 Baths

This beautiful and peaceful retreat is exactly what you've been searching for. Nestled in a picturesque community with convenient access to scenic nature trails along the Bosque Forest and Rio Grande River, this home offers the perfect blend of comfort, tranquility, and outdoor living. As you approach, you'll immediately appreciate the charming country feel of the oversized covered breezeway. The primary suite features a well-appointed bathroom with dual sinks and a vanity, providing plenty of comfort and functionality. Outside, the spacious, low-maintenance backyard offers plenty of room to relax, entertain, garden, or enjoy the outdoors, along with a handy storage shed. Side and backyard access with a gate adds even more convenience. The home also features a fully paid-for solar system. 10 solar panels installed in 2020 by NM Solar Group, providing a total system capacity of approximately 3.6 kW. Each panel is rated at 360 watts and is connected directly to the home's electrical system through a DC-to-AC connection. The system does not include battery storage. If you're looking for a home that combines peaceful surroundings, comfortable living, energy-conscious features, and easy access to nature, this one is ready to welcome you home!

2595 Shavano Peak Drive NE, Rio Rancho

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Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.