$338,990+
1,264 - 2,415 sqft
  • Single Family Home
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  • Top Rated Schools
  • Rainbow Park
  • Presbyterian Rust Medical Center
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Rainbow Canyon by Centex is a new community featuring affordable new homes. Choose from multiple 1- and 2-story homes that were designed to fit your needs. Rainbow Canyon is located in Rio Rancho near conveniences like shopping and dining and is just a short drive to Albuquerque. This community is perfect for enjoying New Mexico in a new affordable home you’ll love.
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Tiffany

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(505) 405-1322

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Homeownership is Within Reach and Beyond Expectations

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Homes

All Designs (6)
Quick Move In (5)

Chimayo

Quick Move In
New Plan
Chimayo Elevation A
Chimayo Elevation A
Chimayo Elevation B
Chimayo Elevation B
Chimayo Elevation A
Chimayo Elevation A
Chimayo Elevation B
Chimayo Elevation B
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$338,990

Starting at

$1,785/mo

Principal & Interest Only

3

Beds

2

Baths

2

Car Garage

1,264

Sq. Ft.

The single-story Chimayo brings the perfect size 3 bedroom, 2 bath home to Rainbow Canyon.

View Home
Floor Plan

Cochiti

New Plan
Cochiti Elevation A
Cochiti Elevation A
Cochiti Elevation B
Cochiti Elevation B
Cochiti Elevation A
Cochiti Elevation A
Cochiti Elevation B
Cochiti Elevation B
Cochiti Elevation A
Cochiti Elevation A
Cochiti Elevation B
Cochiti Elevation B
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$357,990

Starting at

$1,885/mo

Principal & Interest Only

4

Beds

2

Baths

1,537

Sq. Ft.

The Cochiti is a stunning new home in Rainbow Canyon! Featuring 4 bedrooms, 2 baths, an open living area, and a covered patio—perfect for modern living.

View Home
Floor Plan

Verbena

Quick Move In
The Verbena has an open layout that seamlessly connects the main living areas of the house.
Off the kitchen, you'll find the café with a large sliding glass door to the backyard.
Enjoy meals with the whole family each night in the café.
The owner's suite is spacious and designed with comfort in mind.
Enjoy recessed lighting and cozy carpet throughout the owner's suite.
Private owner's bath featuring a walk-in shower and spacious closet.
The owner's bath has ample counter space and a large mirror.
Relax and enjoy the New Mexican weather outside on your backyard covered patio.
The single-story Verbena shown in Elevation A feat
The single-story Verbena shown in Elevation A features a shingle roof and coach lights at the garage.
Outdoor entertaining is a breeze in the spacious Verbena backyard.
Explore the Verbena floor plan at Rainbow Canyon.
The single-story Verbena shown in Elevation B feat
The single-story Verbena shown in Elevation B features a covered front entry and shutter accents.
Enter the Verbena to a quint foyer that leads you to the secondary bedrooms and the main living areas.
Off the foyer, you'll find bedroom 2 that is perfectly suited for a children's bedroom or hosting overnight guests.
Enjoy a large closet in bed 2 that provides ample storage space.
Secondary bathroom separates bed 2 and 3 and features a shower/tub combo.
Off the foyer, you'll find bedroom 3 that is perfectly suited for a children's bedroom or hosting overnight guests
Enjoy a large closet in bed 3 that provides ample storage space.
The Verbena kitchen is functional and boasts a large kitchen island.
The kitchen boasts ample storage space thanks to the attached pantry and cabinets.
The quaint gathering room is perfectly suited for relaxing after a long day.
The sliding glass door to the backyard and large window allow for plenty of natural light to fill the gathering room.
The Verbena has an open layout that seamlessly connects the main living areas of the house.
Off the kitchen, you'll find the café with a large sliding glass door to the backyard.
Enjoy meals with the whole family each night in the café.
The owner's suite is spacious and designed with comfort in mind.
Enjoy recessed lighting and cozy carpet throughout the owner's suite.
Private owner's bath featuring a walk-in shower and spacious closet.
The owner's bath has ample counter space and a large mirror.
Relax and enjoy the New Mexican weather outside on your backyard covered patio.
The single-story Verbena shown in Elevation A feat
The single-story Verbena shown in Elevation A features a shingle roof and coach lights at the garage.
Outdoor entertaining is a breeze in the spacious Verbena backyard.
Explore the Verbena floor plan at Rainbow Canyon.
The single-story Verbena shown in Elevation B feat
The single-story Verbena shown in Elevation B features a covered front entry and shutter accents.
Enter the Verbena to a quint foyer that leads you to the secondary bedrooms and the main living areas.
Off the foyer, you'll find bedroom 2 that is perfectly suited for a children's bedroom or hosting overnight guests.
Enjoy a large closet in bed 2 that provides ample storage space.
Secondary bathroom separates bed 2 and 3 and features a shower/tub combo.
Off the foyer, you'll find bedroom 3 that is perfectly suited for a children's bedroom or hosting overnight guests
Enjoy a large closet in bed 3 that provides ample storage space.
The Verbena kitchen is functional and boasts a large kitchen island.
The kitchen boasts ample storage space thanks to the attached pantry and cabinets.
The quaint gathering room is perfectly suited for relaxing after a long day.
The sliding glass door to the backyard and large window allow for plenty of natural light to fill the gathering room.
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Next

$361,990

Starting at

$1,906/mo

Principal & Interest Only

3

Beds

2

Baths

2

Car Garage

1,588

Sq. Ft.

The Verbena floorplan at Rainbow Canyon offers three bedrooms and a spacious gathering room for the whole family to enjoy.

View Home
Floor Plan

Sage

Quick Move In
Enter the owner's suite, your private oasis featuring a walk-in closet and private bathroom.
The private owner's bath boasts a shower with a glass door.
Bedroom 2 is perfectly suited for a children's bedroom or for hosting overnight guests.
Bedroom 3 is perfectly suited for a children's bedroom or for hosting overnight guests.
Explore the Sage floorplan at Rainbow Canyon.
The single-story Sage shown in Elevation B features a shingle roof and shutter accents.
The single-story Sage shown in Elevation B features a shingle roof and shutter accents.
The single-story Sage shown in Elevation A features a shingle roof and covered front entry.
The single-story Sage shown in Elevation A features a shingle roof and covered front entry.
The spacious gathering room is perfect for relaxing after a long day or hosting movie nights with friends and family.
Just off the gathering room is a quaint dining space and breakfast bar.
Connected to the living room is the spacious kitchen.
The kitchen boasts ample storage space throughout and a separate café.
The Sage kitchen features stylish granite countertops and ample storage space.
Enter the owner's suite, your private oasis featuring a walk-in closet and private bathroom.
The private owner's bath boasts a shower with a glass door.
Bedroom 2 is perfectly suited for a children's bedroom or for hosting overnight guests.
Bedroom 3 is perfectly suited for a children's bedroom or for hosting overnight guests.
Explore the Sage floorplan at Rainbow Canyon.
The single-story Sage shown in Elevation B features a shingle roof and shutter accents.
The single-story Sage shown in Elevation B features a shingle roof and shutter accents.
The single-story Sage shown in Elevation A features a shingle roof and covered front entry.
The single-story Sage shown in Elevation A features a shingle roof and covered front entry.
The spacious gathering room is perfect for relaxing after a long day or hosting movie nights with friends and family.
Just off the gathering room is a quaint dining space and breakfast bar.
Connected to the living room is the spacious kitchen.
The kitchen boasts ample storage space throughout and a separate café.
The Sage kitchen features stylish granite countertops and ample storage space.
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Next

$382,990

Starting at

$2,016/mo

Principal & Interest Only

4

Beds

2

Baths

2

Car Garage

1,896

Sq. Ft.

The Sage home design at Rainbow Canyon makes the most of every square inch with 4 bedrooms, separate dining room and café, and a quaint covered patio.

View Home
Floor Plan

Sunflower

Functional kitchen featuring a center island.
Functional kitchen featuring a center island.
This two-story home is spacious and boasts an open floorplan.
This two-story home is spacious and boasts an open floorplan.
Utilize the upstairs loft as a secondary living space for the whole family.
Utilize the upstairs loft as a secondary living space for the whole family.
The two-story Sunflower shown in Elevation A features a shingle roof and covered front entry.
The two-story Sunflower shown in Elevation A features a shingle roof and covered front entry.
The two-story Sunflower shown in Elevation B features a shingle roof and shutter accents.
The two-story Sunflower shown in Elevation B features a shingle roof and shutter accents.
Functional kitchen featuring a center island.
Functional kitchen featuring a center island.
This two-story home is spacious and boasts an open floorplan.
This two-story home is spacious and boasts an open floorplan.
Utilize the upstairs loft as a secondary living space for the whole family.
Utilize the upstairs loft as a secondary living space for the whole family.
The two-story Sunflower shown in Elevation A features a shingle roof and covered front entry.
The two-story Sunflower shown in Elevation A features a shingle roof and covered front entry.
The two-story Sunflower shown in Elevation B features a shingle roof and shutter accents.
The two-story Sunflower shown in Elevation B features a shingle roof and shutter accents.
Functional kitchen featuring a center island.
Functional kitchen featuring a center island.
Previous
Next

$420,990

Starting at

$2,217/mo

Principal & Interest Only

3

Beds

2.5

Baths

2

Car Garage

2,198

Sq. Ft.

The Sunflower plan is a versatile two-story home design featuring a downstairs flex space and a spacious upstairs loft for ample living space.

View Home
Floor Plan

Dennison

Across the hall of the downstairs bathroom is a bathroom featuring a full shower/tub combo.
Upstairs is a spacious loft, perfect for a children's game room!
The owner's suite features plush carpet and was designed with comfort in mind.
The owner's bathroom is extremely spacious and features a walk-in closet.
The secondary bedrooms in the Dennison are perfectly suited for a children's bedroom or hosting overnight guests.
The upstairs bathroom features a full shower/tub combo.
The secondary bedrooms in the Dennison are perfectly suited for a children's bedroom or hosting overnight guests.
The two-story Dennison shown in Elevation B features a shingle roof and shutter accents.
The two-story Dennison shown in Elevation B features a shingle roof and shutter accents.
The two-story Dennison shown in Elevation A features a shingle roof and covered front entry.
The two-story Dennison shown in Elevation A features a shingle roof and covered front entry.
Directly off the entrance of the Dennison you'll find a quaint flex room, perfect for an at home office!
The kitchen features stylish accents like granite countertops and dark cabinetry.
Enjoy added functionality with a spacious corner pantry.
The living room is extremely spacious and is perfect for relaxing after a long day.
Host movie nights with friends and family with ease in the large gathering room.
Enjoy a downstairs bedroom, perfect for hosting overnight guests.
Across the hall of the downstairs bathroom is a bathroom featuring a full shower/tub combo.
Upstairs is a spacious loft, perfect for a children's game room!
The owner's suite features plush carpet and was designed with comfort in mind.
The owner's bathroom is extremely spacious and features a walk-in closet.
The secondary bedrooms in the Dennison are perfectly suited for a children's bedroom or hosting overnight guests.
The upstairs bathroom features a full shower/tub combo.
The secondary bedrooms in the Dennison are perfectly suited for a children's bedroom or hosting overnight guests.
The two-story Dennison shown in Elevation B features a shingle roof and shutter accents.
The two-story Dennison shown in Elevation B features a shingle roof and shutter accents.
The two-story Dennison shown in Elevation A features a shingle roof and covered front entry.
The two-story Dennison shown in Elevation A features a shingle roof and covered front entry.
Directly off the entrance of the Dennison you'll find a quaint flex room, perfect for an at home office!
The kitchen features stylish accents like granite countertops and dark cabinetry.
Enjoy added functionality with a spacious corner pantry.
The living room is extremely spacious and is perfect for relaxing after a long day.
Host movie nights with friends and family with ease in the large gathering room.
Enjoy a downstairs bedroom, perfect for hosting overnight guests.
Across the hall of the downstairs bathroom is a bathroom featuring a full shower/tub combo.
Previous
Next

$440,990

Starting at

$2,322/mo

Principal & Interest Only

4

Beds

3

Baths

2

Car Garage

2,415

Sq. Ft.

The two-story Dennison features an open kitchen overlooking the gathering area and café, and a large second floor loft.

View Home
Floor Plan

Chimayo

Community: Rainbow Canyon
series
248 Prism Avenue SW , Rio Rancho , 87124
(505) 405-1322
$13,150 in Savings
Chimayo Elevation A
Chimayo Elevation A
Chimayo Elevation A
Chimayo Elevation A
Chimayo Elevation A
Chimayo Elevation A
Chimayo Elevation A
Chimayo Elevation A
Chimayo Elevation A
Chimayo Elevation A
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$329,990
Was $343,140
$1,737/mo
Principal & Interest Only
Aug 2025
Anticipated Completion Date:
$13,150
Saving
3
Beds
2
Baths
1,264
Sq. Ft.
2
Car Garage
$329,990
Was $343,140
$1,737/mo
Principal & Interest Only
Aug 2025
Anticipated Completion Date:
3
Beds
2
Baths
1,264
Sq. Ft.
2
Car Garage
13101
Lot #
View Home
Request Info
Save
$329,990
Was $343,140
$1,737/mo
Principal & Interest Only
Aug 2025
Anticipated Completion Date:
3
Beds
2
Baths
1,264
Sq. Ft.
2
Car Garage
13101
Lot #

Verbena

Community: Rainbow Canyon
series
211 Prism Ave SW , Rio Rancho , 87124
(505) 405-1322
The single-story Verbena shown in Elevation B feat
The single-story Verbena shown in Elevation B features a covered front entry and shutter accents.
The single-story Verbena shown in Elevation B feat
The single-story Verbena shown in Elevation B features a covered front entry and shutter accents.
The single-story Verbena shown in Elevation B feat
The single-story Verbena shown in Elevation B features a covered front entry and shutter accents.
The single-story Verbena shown in Elevation B feat
The single-story Verbena shown in Elevation B features a covered front entry and shutter accents.
The single-story Verbena shown in Elevation B feat
The single-story Verbena shown in Elevation B features a covered front entry and shutter accents.
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Next
$364,340
$1,918/mo
Principal & Interest Only
May 2025
Anticipated Completion Date:
3
Beds
2
Baths
1,588
Sq. Ft.
2
Car Garage
$364,340
$1,918/mo
Principal & Interest Only
May 2025
Anticipated Completion Date:
3
Beds
2
Baths
1,588
Sq. Ft.
2
Car Garage
09301
Lot #
View Home
Request Info
Save
$364,340
$1,918/mo
Principal & Interest Only
May 2025
Anticipated Completion Date:
3
Beds
2
Baths
1,588
Sq. Ft.
2
Car Garage
09301
Lot #

Verbena

Community: Rainbow Canyon
series
238 Spectrum Ave SW , Rio Rancho , 87124
(505) 405-1322
The single-story Verbena shown in Elevation B feat
The single-story Verbena shown in Elevation B features a covered front entry and shutter accents.
The single-story Verbena shown in Elevation B feat
The single-story Verbena shown in Elevation B features a covered front entry and shutter accents.
The single-story Verbena shown in Elevation B feat
The single-story Verbena shown in Elevation B features a covered front entry and shutter accents.
The single-story Verbena shown in Elevation B feat
The single-story Verbena shown in Elevation B features a covered front entry and shutter accents.
The single-story Verbena shown in Elevation B feat
The single-story Verbena shown in Elevation B features a covered front entry and shutter accents.
Previous
Next
$368,180
$1,938/mo
Principal & Interest Only
Available Now
Anticipated Completion Date:
3
Beds
2
Baths
1,588
Sq. Ft.
2
Car Garage
$368,180
$1,938/mo
Principal & Interest Only
Available Now
Anticipated Completion Date:
3
Beds
2
Baths
1,588
Sq. Ft.
2
Car Garage
08301
Lot #
View Home
Request Info
Save
$368,180
$1,938/mo
Principal & Interest Only
Available Now
Anticipated Completion Date:
3
Beds
2
Baths
1,588
Sq. Ft.
2
Car Garage
08301
Lot #

Verbena

Community: Rainbow Canyon
series
230 Spectrum Ave SW , Rio Rancho , 87124
(505) 405-1322
$7,000 in Savings
The single-story Verbena shown in Elevation B feat
The single-story Verbena shown in Elevation B features a covered front entry and shutter accents.
The single-story Verbena shown in Elevation B feat
The single-story Verbena shown in Elevation B features a covered front entry and shutter accents.
The single-story Verbena shown in Elevation B feat
The single-story Verbena shown in Elevation B features a covered front entry and shutter accents.
The single-story Verbena shown in Elevation B feat
The single-story Verbena shown in Elevation B features a covered front entry and shutter accents.
The single-story Verbena shown in Elevation B feat
The single-story Verbena shown in Elevation B features a covered front entry and shutter accents.
Previous
Next
$361,530
Was $368,530
$1,903/mo
Principal & Interest Only
Available Now
Anticipated Completion Date:
$7,000
Saving
3
Beds
2
Baths
1,588
Sq. Ft.
2
Car Garage
$361,530
Was $368,530
$1,903/mo
Principal & Interest Only
Available Now
Anticipated Completion Date:
3
Beds
2
Baths
1,588
Sq. Ft.
2
Car Garage
08501
Lot #
View Home
Request Info
Save
$361,530
Was $368,530
$1,903/mo
Principal & Interest Only
Available Now
Anticipated Completion Date:
3
Beds
2
Baths
1,588
Sq. Ft.
2
Car Garage
08501
Lot #

Sage

Community: Rainbow Canyon
series
228 Prism Ave SW , Rio Rancho , 87124
(505) 405-1322
$4,760 in Savings
The single-story Sage shown in Elevation A features a shingle roof and covered front entry.
The single-story Sage shown in Elevation A features a shingle roof and covered front entry.
The single-story Sage shown in Elevation A features a shingle roof and covered front entry.
The single-story Sage shown in Elevation A features a shingle roof and covered front entry.
The single-story Sage shown in Elevation A features a shingle roof and covered front entry.
The single-story Sage shown in Elevation A features a shingle roof and covered front entry.
The single-story Sage shown in Elevation A features a shingle roof and covered front entry.
The single-story Sage shown in Elevation A features a shingle roof and covered front entry.
The single-story Sage shown in Elevation A features a shingle roof and covered front entry.
The single-story Sage shown in Elevation A features a shingle roof and covered front entry.
Previous
Next
$382,990
Was $387,750
$2,016/mo
Principal & Interest Only
Jun 2025
Anticipated Completion Date:
$4,760
Saving
4
Beds
2
Baths
1,896
Sq. Ft.
2
Car Garage
$382,990
Was $387,750
$2,016/mo
Principal & Interest Only
Jun 2025
Anticipated Completion Date:
4
Beds
2
Baths
1,896
Sq. Ft.
2
Car Garage
12601
Lot #
View Home
Request Info
Save
$382,990
Was $387,750
$2,016/mo
Principal & Interest Only
Jun 2025
Anticipated Completion Date:
4
Beds
2
Baths
1,896
Sq. Ft.
2
Car Garage
12601
Lot #

Homesite Map

CentexSpecialOffers

Special Offers

4.99%/5.10% APR Interest Rate Available Now!

4.99%/5.10% APR Interest Rate Available Now!

Ask your Centex sales consultant how you can lock in a 4.99%/5.10% APR interest rate on select quick move-in homes that contract after 3/11/25 and close by 5/31/25.
CommunityContact

Rainbow Canyon

We welcome any questions you may have. A Rainbow Canyon sales consultant will be glad to get in touch, just fill out this info form and include any questions you may have. You can also call us directly. We’re here to help.
(505) 405-1322
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Close Hours
Monday
10:00AM - 6:00PM
Tuesday
10:00AM - 6:00PM
Wednesday
12:00PM - 6:00PM
Thursday
10:00AM - 6:00PM
Friday
10:00AM - 6:00PM
Saturday
10:00AM - 6:00PM
Sunday
11:00AM - 6:00PM

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Homeownership Within Reach

June 2016 Centex Photo Shoot - Highland Creek Preserve, Raleigh, Homepage Hero Crop, featlifetest_614B_kidshwisland_071f_1920x800.jpg

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