Affordable homes for sale in Rio Rancho, NM

3 days on Rocket

$2,791 Closing Credit¹

$235,000

2 beds • 1 bath • 853 sqft

3145 Chama Meadows Dr NE, Rio Rancho, NM 87144

#1085960, Tony Legendre, Listing office: Legendre Properties LLC

Tour

$2,791 Closing Credit¹

$235,000

2 beds • 1 bath • 848 sqft

900 Charles Dr NE, Rio Rancho, NM 87144

#1081797, Olin J Ellsworth, Listing office: Realty One of New Mexico

Save big

You could save thousands when you partner with Rocket Homes℠ and Rocket Mortgage®

6 days on Rocket

$2,791 Closing Credit¹

$235,000

2 beds • 2 baths • 1,740 sqft

606 Eastlake Ct SE, Rio Rancho, NM 87124

#1085666, Evelyn Esparza, Listing office: Asset Solutions Realty

Tour

$2,968 Closing Credit¹

$249,900

2 beds • 1 bath • 1,043 sqft

791 Stallion Rd SE, Rio Rancho, NM 87124

#1084524, Alpha Realty Team, Listing office: Contract to Close Realty, LLC

$3,088 Closing Credit¹

$260,000

2 beds • 1 bath • 1,000 sqft

774 Stallion Rd SE, Rio Rancho, NM 87124

#1085066, Gilbert J Chavez, Listing office: EXP Realty LLC

$3,194 Closing Credit¹

$269,000

2 beds • 1 bath • 1,459 sqft

622 Eastlake Dr SE, Rio Rancho, NM 87124

#1081912, Therese C Wing, Listing office: Southwest Select Properties

$3,384 Closing Credit¹

$285,000

3 beds • 1 bath • 1,224 sqft

1375 Golden Eye Loop NE, Rio Rancho, NM 87144

#1084944, Laurie A Griffo, Listing office: Realty One of New Mexico

Room to negotiate?

Median Sold Price

$364.9K

Avg. Sale Time

38 Days

Based on our May 2025 Market Report.

Tour

$3,551 Closing Credit¹

$299,000

2 beds • 1 bath • 1,409 sqft

3253 Esplanade Cir SE, Rio Rancho, NM 87124

#1080576, Benjamin Gomez, Listing office: Weichert, Realtors Image

$3,561 Closing Credit¹

$299,900

2 beds • 1 bath • 1,536 sqft

3239 Esplanade Cir SE, Rio Rancho, NM 87124

#1079988, Valerie A Preston, Listing office: The Hive RE Collective

Tour

$3,563 Closing Credit¹

$300,000

3 beds • 2 baths • 2,101 sqft

588 Eastlake Dr SE, Rio Rancho, NM 87124

#1080460, Jennifer C Graham, Listing office: Realty One of New Mexico

5 days on Rocket

$3,622 Closing Credit¹

$305,000

3 beds • 2 baths • 1,211 sqft

3432 Morgan Meadows Dr NE, Rio Rancho, NM 87144

#1085709, Tara Jones, Listing office: Opendoor Brokerage, LLC

Tour

$3,622 Closing Credit¹

$305,000

3 beds • 1 bath • 1,366 sqft

1952 Raspberry Dr NE, Rio Rancho, NM 87144

#1083894, Krista R Brewer, Listing office: Prestige Real Estate

$3,646 Closing Credit¹

$307,000

3 beds • 2 baths • 1,389 sqft

1745 Chisholm Trl NE, Rio Rancho, NM 87144

#1082649, Loria A Hamilton-Field, Listing office: USRealty.com, LLP

Tour

$3,681 Closing Credit¹

$310,000

3 beds • 1 bath • 1,281 sqft

1321 Elkslip Dr NE, Rio Rancho, NM 87144

#1084094, Krista R Brewer, Listing office: Prestige Real Estate

$3,681 Closing Credit¹

$310,000

2 beds • 2 baths • 1,350 sqft

3124 Renaissance Dr SE, Rio Rancho, NM 87124

#1082008, Gina Maes, Listing office: Berkshire Hathaway NM Prop

2 days on Rocket

$3,681 Closing Credit¹

$310,000

3 beds • 2 baths • 1,650 sqft

596 Eastlake Dr SE, Rio Rancho, NM 87124

#1086002, Home Hunter Realty Group Team, Listing office: Berkshire Hathaway Home Svc NM

$3,741 Closing Credit¹

$315,000

3 beds • 1 bath • 1,427 sqft

6920 Glen Hills Dr NE, Rio Rancho, NM 87144

#1082945, Randell C Campbell, Listing office: Campbell & Campbell Real Estat

$3,741 Closing Credit¹

$315,000

2 beds • 1 bath • 1,614 sqft

3404 Esplanade Pl SE, Rio Rancho, NM 87124

#1082739, Whitney J Brown, Listing office: Desert Dwellings Realty

$3,775 Closing Credit¹

$317,900

3 beds • 2 baths • 1,475 sqft

430 Vancouver Pl SE, Rio Rancho, NM 87124

#1084784, Renae Harbin, Listing office: Realty One of New Mexico

$3,776 Closing Credit¹

$318,000

3 beds • 1 bath • 1,550 sqft

404 Pyrite Dr NE, Rio Rancho, NM 87124

#1081007, Shanna M Gomez, Listing office: Keller Williams Realty

$3,788 Closing Credit¹

$319,000

3 beds • 1 bath • 2,037 sqft

6242 Roadrunner Loop NE, Rio Rancho, NM 87144

#1083919, Leticia Veloz, Listing office: WISE Real Estate Group, LLC

$3,800 Closing Credit¹

$319,990

3 beds • 1 bath • 1,264 sqft

248 Prism Ave SW, Rio Rancho, NM 87124

#1080706, Wade Messenger, Listing office: Pulte Homes of New Mexico

$3,800 Closing Credit¹

$319,999

3 beds • 1 bath • 1,380 sqft

437 7th Ave NE, Rio Rancho, NM 87124

#1084575, Michael Schlichte, Listing office: Absolute Real Estate

Tour

$3,800 Closing Credit¹

$320,000

3 beds • 1 bath • 1,280 sqft

936 Tiffin Meadows Dr, Rio Rancho, NM 87144

#1084728, Price Group Realtors, Listing office: All In Realty LLC

$3,800 Closing Credit¹

$320,000

3 beds • 1 bath • 1,440 sqft

4584 Platinum Dr NE, Rio Rancho, NM 87124

#1084464, Juan F Duran, Listing office: Berkshire Hathaway NM Prop

$3,800 Closing Credit¹

$320,000

3 beds • 2 baths • 1,419 sqft

2575 Diamond Peak Dr NE, Rio Rancho, NM 87144

#1084984, Melissa Renee Mobbley, Listing office: Coldwell Banker Legacy

4 days on RocketTour

$3,800 Closing Credit¹

$320,000

3 beds • 1 bath • 1,489 sqft

3522 Covered Wagon Rd NE, Rio Rancho, NM 87144

#1084899, Mark Edward Ryerson, Listing office: RE/MAX SELECT

$3,800 Closing Credit¹

$320,000

3 beds • 2 baths • 1,273 sqft

131 Las Ramblas Ave NW, Rio Rancho, NM 87144

#1080619, Greg Shea, Listing office: The Hive RE Collective

2 days on Rocket

$3,809 Closing Credit¹

$320,777

2 beds • 2 baths • 1,236 sqft

640 Renaissance Loop SE, Rio Rancho, NM 87124

#1086009, Diana S Costales, Listing office: Coldwell Banker Legacy

Tour

$3,859 Closing Credit¹

$324,999

3 beds • 2 baths • 1,566 sqft

275 Chaparral Loop SE, Rio Rancho, NM 87124

#1082254, Henry Anthony Padilla, Listing office: Real Broker, LLC

Tour

$3,859 Closing Credit¹

$325,000

3 beds • 1 bath • 1,316 sqft

224 2nd St SE, Rio Rancho, NM 87124

#1083292, Lee Ann Pautz, Listing office: Keller Williams Realty

5 days on Rocket

$3,859 Closing Credit¹

$325,000

2 beds • 1 bath • 1,625 sqft

3291 Esplanade Cir SE, Rio Rancho, NM 87124

#1085334, Joe Schifani, Listing office: Affordable Realty Services Inc

$3,859 Closing Credit¹

$325,000

4 beds • 1 bath • 1,724 sqft

2004 Western Hills Dr NE, Rio Rancho, NM 87124

#1084550, Susan Nelson Anderson, Listing office: Coldwell Banker Legacy

$3,859 Closing Credit¹

$325,000

3 beds • 2 baths • 1,417 sqft

4449 Sunflower Ct SE, Rio Rancho, NM 87124

#1082416, Diana S Costales, Listing office: Coldwell Banker Legacy

11 hours on Rocket

$3,907 Closing Credit¹

$329,000

3 beds • 2.5 baths • 1,557 sqft

1717 Cortina Loop SE, Rio Rancho, NM 87124

#1086094, Jeremy Navarro Realty Group, Listing office: Keller Williams Realty

Tour

$3,907 Closing Credit¹

$329,000

3 beds • 2 baths • 1,674 sqft

3742 Cattle Dr, Rio Rancho, NM 87144

#1085085, Thomas J Mestas, Listing office: The M Real Estate Group

$3,918 Closing Credit¹

$329,900

3 beds • 2.5 baths • 1,820 sqft

4713 Dalmation Pl NE, Rio Rancho, NM 87144

#1079753, Melinda M Baisa, Listing office: Berkshire Hathaway NM Prop

$3,918 Closing Credit¹

$329,900

3 beds • 1 bath • 1,503 sqft

320 Tigris Rd NE, Rio Rancho, NM 87124

#1082716, Melinda M Baisa, Listing office: Berkshire Hathaway NM Prop

$3,919 Closing Credit¹

$330,000

3 beds • 1.5 baths • 2,266 sqft

589 Diez Y Ocho Ct SE, Rio Rancho, NM 87124

#1085304, Susan R Agostini, Listing office: Enchanted Homes Realty

$3,919 Closing Credit¹

$330,000

2 beds • 2.5 baths • 1,949 sqft

2467 Corvara Dr SE, Rio Rancho, NM 87124

#1081250, Dennis Jack Ford, Listing office: Coldwell Banker Legacy

Rio Rancho, NM Real Estate Market Overview

There are 393 affordable homes for sale in Rio Rancho, NM. The following market insights reflect all property types in the Rio Rancho, NM real estate market. In May 2025 in Rio Rancho, NM there were 5.8% less homes for sale than in April 2025. In May 2025 median list price was $364,963 and the average listing age was 38 days. While more than 24 listings in Rio Rancho, NM in May 2025 were sold above asking price, there were more than 55 listings sold at asking price, and more than 69 were sold below.

From Rocket Homes Real Estate and based on county public records data

Schools near Rio Rancho, NM

Elementary Schools

Enchanted Hills Elementary School
5400 Obregon Rd NE
Public District KG-5
Alameda Elementary School
412 Alameda Blvd NW
Public District PK-5
Rio Rancho Elementary School
4601 Pepe Ortiz Rd SE
Public District KG-5

Middle Schools

Eagle Ridge Middle School
800 Fruta Rd NE
Public District 6-8
Lincoln Middle School
2287 Lema Rd SE
Public District 6-8
Coyote Willow Family School
7125 Irving Blvd NW
Public District KG-8

High Schools

Rio Rancho Cyber Academy
1330 Jackie Rd SE
Public District 6-12
Corrales International
5500 Wilshire Ave NE
Public Charter KG-12
Rio Rancho High School
301 Loma Colorado Blvd NE
Public District 9-12

Data provided by Great Schools

Affordable homes for sale in Rio Rancho, NM

Rio Rancho, NM Real Estate Market Overview

Schools near Rio Rancho, NM

Housing market reports in Sandoval County

Homes for sale near Rio Rancho, NM

Real estate in Rio Rancho neighborhoods

Top real estate cities in New Mexico