A planned community northwest of Albuquerque, Rio Rancho is known for its phenomenal growth and economic development. Attractive housing prices make it popular with first time buyers and retirees. Financial incentives have also been successful in luring several major corporations to set up shop in the area, including Intel, Gateway 2000, Sprint and Victoria s Secret. Adjacent to the North Valley, the village of Corrales is unlike any other. An abundance of small arts and crafts shops and superb restaurants line the winding road that meanders through the township.
Residences often sit on large plots of land, sometimes as much as several acres.
There are still small, productive farms and orchards. The pastoral setting provides a relaxed lifestyle that residents share with pets, horses and farm animals. Founded in 1745, the area was initially a large tract of land divided among 21 families, many of whose descendants still live in the area. Today, Placitas is a quiet, low density residential community offering spectacular views day or night. Northwest Southwest Corrales Rio Rancho Placitas Minutes away from Albuquerque off South I-25 are the townships of Bosque Farms and Los Lunas .