Rio Rancho Homes under $700,000

Welcome to Rio Rancho, New Mexico – a vibrant city nestled in the heart of Sandoval County, just northwest of Albuquerque. Known for its stunning desert landscapes and breathtaking views of the Sandia Mountains, Rio Rancho offers a unique blend of natural beauty and urban convenience. With a rich cultural heritage and a strong sense of community, it’s no wonder that families and professionals alike are drawn to this charming city.

Rio Rancho boasts a variety of neighborhoods, each with its own distinct character. Whether you're looking for a cozy single-family home, a modern townhouse, or a spacious property with a sprawling yard, you’ll find an impressive selection of homes under $700,000. This affordability allows you to enjoy the comforts of home without breaking the bank, making it an ideal choice for first-time buyers, growing families, or those looking to downsize.

In addition to its affordable housing options, Rio Rancho offers a plethora of amenities. You’ll find excellent schools, beautiful parks, and a range of shopping and dining experiences that cater to all tastes. Outdoor enthusiasts will love the nearby hiking trails and recreational areas, while art and culture aficionados can explore local galleries and community events.

With its friendly atmosphere, stunning scenery, and diverse real estate options, Rio Rancho is more than just a place to live; it’s a place to thrive. Come discover the magic of Rio Rancho and find your dream home today!

Newest Rio Rancho Homes under $700,000

$650,000

4 Beds ⋅ 3 Baths

$5k in Flex Cash! Recent New Build | 1/2-Acre Lot | RV/Toy Access! Quality craftsmanship meets everyday functionality in this stunning 4BR/3BA home. Handmade cabinetry, granite countertops, SS commercial grade appliances, and soaring ceilings create an elevated feel throughout. The primary suite features a spa-like shower. Oversized bedrooms give everyone their own private retreat. Nicely laundry, generous garage storage, and block wall-enclosed backyard with dedicated access round out this move-in-ready residence. Bonus features include a Chicken 'Mansion,' dedicated dog run, and space for an outdoor kitchen. HOME IS OCCUPIED- 24HR NOTICE TO SHOW.

825 3rd Street NE, Rio Rancho

$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

$495,000

4 Beds ⋅ 2 Baths

Built in 2021 and single-level, this 4BR/2BA Pulte home sits on a corner lot in Broadmoor Heights, a community that is nearly complete, so the neighborhood feels settled. Pecan cabinets, white quartz, and a subway backsplash anchor the kitchen, with an island and pantry opening to the great room. ...VA ASSUMPTION WITH LOW INTEREST RATES AVAILABLE...A dedicated office handles remote work or hobbies or can be another bedroom. The primary suite offers a bay window, dual sinks, walk-in closet, and water closet, with bedrooms spaced for privacy. Out back: covered patio, walled yard, and low-maintenance turf. Front is xeriscaped. Solar system with approx. $26K loan balance; buyer must qualify for the loan. Community fiber internet, low-E double-pane windows, gas forced-air heat, tile and carpet, 2-car garage. Close to Intel, Presbyterian Rust Medical Center, Rio Rancho Events Center, shopping, dining, and a community park. Call James Shive at 505-803-8903.

2190 Beckham 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

$425,000

3 Beds ⋅ 2 Baths

2636 Sandia Loop NE, Rio Rancho

$499,000

4 Beds ⋅ 3 Baths

Welcome home to Villa Corazon at Cabezon, an exclusive gated community offering comfort, style and a wonderful location! This inviting 4-bedroom, 2.5-bath home is filled with natural light and features tall ceilings, Sandia Mountain views, wood-look tile and a cozy gas-log fireplace. The spacious kitchen shines with granite countertops, stainless steel appliances and a convenient coffee station/butler's pantry, while contemporary lighting and recessed LEDs add a fresh, updated feel throughout.Generously sized bedrooms, abundant storage and an oversized 2.5-car garage provide plenty of room for everyday living. Step outside to a beautifully landscaped backyard with grass, Southwest plantings, rock and a large concrete padded area enhanced by a newly added pergola--perfect for relaxing, dining or entertaining outdoors. The front and back yards are both fully landscaped and ready to enjoy.Located near Cabezon Park, walking trails and neighborhood amenities, this home offers an appealing combination of indoor comfort and outdoor living. Come experience Villa Corazon and see everything this beautiful home has to offer.

2425 Camino Seville SE, Rio Rancho

$475,000

4 Beds ⋅ 3 Baths

With over $100K in upgrades, you won't find another home transformed like this in Cabezon, and the HOA in this pocket neighborhood is only $13 monthly. From the sweeping remodeled kitchen featuring porcelain tile floors, phenomenal pantry cupboards, an Italian gas range, pot filler, and quartz counters, to the stunningly renovated first-floor bedroom, bath, and laundry area, you will come home to a sanctuary that is both warm and elevated. The backyard has been thoughtfully landscaped with multiple gathering areas, including a tiled patio and gazebo surrounded by drought-tolerant plantings - plus a stellar view of Cabezon Park, your secondary backyard! Enjoy views of the Sandias and balloons from your private upstairs balcony, work from a true home office, and relish an enormous, well-kept 3-car garage. Best of all, you'll find neighbors who celebrate and support the community, with easy access to swimming, libraries, and conveniences galore. See the complete upgrades list!

1508 Conejos Drive SE, Rio Rancho

$492,140

4 Beds ⋅ 3 Baths

Just permited and ready to start! Builder offering 3% toward upgrades or finance incentives! Home will be completed just in time for the new year. Still time to choose your options...Beautifully crafted new construction home with an open-concept layout perfect for modern living. This single-story design offers 4 spacious bedrooms and a study (which can still be built with 5th bedroom option.) 2.5 baths. With over 2,000 sq. ft. you'll love the seamless flow between the kitchen, dining, and living areas - ideal for entertaining or everyday comfort. Upgraded kitchen with stainless appliances and an island. Dark cabinets and grey large format tile throughout home, except luxury carpet in bedrooms. Big covered patio, Located in desirable Lomas Encantadas, Rio Rancho, this home blends style, space, and convenience in one smart design. (photos of model home colors and features will vary) Lomas Encantadas has nice mountain views, parks and walking trails, Dog park and even pickleball court!Open house every day so stop by model home to see,

6737 Brianna Drive 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

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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.