Phoenix Homes under $400,000

Welcome to Phoenix, Arizona – a vibrant city that perfectly blends urban sophistication with the beauty of the desert. Nestled in Maricopa County, Phoenix is known for its stunning sunsets, rich cultural heritage, and an array of outdoor activities that make it a paradise for nature lovers and city dwellers alike. With its warm climate, diverse population, and thriving economy, Phoenix offers a lifestyle that appeals to everyone from young professionals to families looking to settle down.

For those seeking affordable housing options, Phoenix presents an exciting opportunity. The real estate market features a variety of homes under $400,000, making it an ideal destination for first-time homebuyers and those looking to invest in property. Whether you’re searching for a cozy single-family home in a family-friendly neighborhood or a modern condo with amenities, you’ll find plenty of options that fit your budget and lifestyle.

Living in Phoenix means you’ll have access to top-notch schools, a plethora of dining options, and a vibrant arts scene. Explore the iconic Desert Botanical Garden, hike the scenic trails at Camelback Mountain, or enjoy a night out in the bustling downtown area. With a strong sense of community and a commitment to growth, Phoenix is not just a place to live; it’s a place to thrive.

Discover your dream home today in the heart of Phoenix, where affordability meets opportunity in one of the most dynamic cities in the Southwest!

Newest Phoenix Homes under $400,000

$375,000

2 Beds ⋅ 2 Baths ⋅ 7091590 MLS

Currently the least expensive (not 55+) detached home available in Ahwatukee, and it has a great view! Live along the Ahwatukee Lakes Golf Course. A true single story with no steps inside. Your Great Room overlooks plenty of green and the mountains beyond. A wood burning fireplace will give you a heart-of-home feel this fall. You can see this from your kitchen too where all your stainless appliances stay. You also have your washer & dryer waiting in a laundry room that's not a pass through (so nice to just close the door on!) With double Primary Bedrooms there's plenty of room with walk-in closets in both. Now that's is cool enough to go outside enjoy your patio or head a few doors down to the community pool & spa. You're close to shopping, & a couple of fun local restaurants too!

4237 E Sandia Street, Phoenix

$359,900

3 Beds ⋅ 2 Baths ⋅ 7091576 MLS

Priced to sell! This restored 3 bedroom, 1.5 bath Mid-Century Modern home has a NEW ROOF AND NEW HVAC SYSTEM. The kitchen features period wood cabinetry and gorgeous zinc counters, which are typically found in high-end homes. The living room coved ceilings are emblematic of this post-WWII era. Modern conveniences include recessed lighting and 20 inch tile throughout. This property is listed as a ''Contributor'' to the Westwood Village and Estates Historic District, which could lead to property tax savings for owner-occupants. Updated plumbing & electrical systems. 2 beautiful mesquite trees shade the front yard. Front and rear landscape watering system. Huge back yard.This home is move-in ready and absolutely beautiful. Owner/Broker.

3621 N 21st Drive, Phoenix

$325,000

3 Beds ⋅ 2 Baths ⋅ 7091512 MLS

Great corner lot with fenced front yard. Off street parking spots plus the two car garage. This 3/2 has open and bright living with lots of naural light coming from the three sliders looking into the backyard. Backyard faces north with a covered patio. Easy access to the 101

8202 W Highland Avenue, Phoenix

$380,000

3 Beds ⋅ 2 Baths ⋅ 7091506 MLS

Investor Special & Incredible Value in North Central Phoenix--Priced to Sell with No HOA! Bring your vision and toolbelt to this spacious 3-bedroom, 2-bathroom single-story home offering 1,830 square feet of endless potential. Nestled against a scenic mountain backdrop in a quiet foothills neighborhood, this property needs TLC and cosmetic updating, but the major peace-of-mind mechanicals have already been started for you: a newer A/C unit installed in 2018, all updated dual-pane windows, and updated appliances. Inside, you'll discover a generous layout with multiple living spaces, including separate living and family areas plus bonus space that can easily function as a home office, game room, or hobby room. Outside, enjoy a private backyard setting surrounded by mountain views Enjoy a prime central location just minutes from the Phoenix Mountain Preserve hiking trails, local dining, shopping, and easy freeway access. Whether you're an investor seeking your next profitable renovation project or a buyer eager to build sweat equity in a high-demand area, this fixer-upper is an outstanding opportunity. Don't miss out!

9608 N 16th Place, Phoenix

$365,000

2 Beds ⋅ 2 Baths ⋅ 7091484 MLS

Beautiful single level home in Stonecliff! This 2-bed/2-Bath home is nicely updated, meticulously maintained, & ready to move in. Walk in to find elegant wood-look tile floors, updated kitchen with granite counters & newer stainless appliances, wood shutters throughout, tasteful window treatments and lots of extras. Outside you will find a nice outdoor space with paver patio for ample seating or gardening. The one car garage has storage cabinets and overhead storage for all your toys. Don't miss this home!

1024 E Frye Road Unit 1031, Phoenix

$285,000

2 Beds ⋅ 2 Baths ⋅ 7091478 MLS

6 MONTHS HOA DUES PAID! BEAUTIFULLY REIMAGINED MIDTOWN CONDO! Discover 1,376 sq ft of stylish, single-level living with 2 spacious bedrooms, 2 baths, and a stunning newly remodeled primary bathroom! Thoughtful upgrades include new flooring, smooth ceilings, fresh paint, modern lighting and fixtures, new window coverings, and a refreshed kitchen. Enjoy an open living and dining area, generous bedrooms, and a covered patio with new shade screen. Private community with pool, spa, and covered parking. HOA dues include electricity, water, internet, and more! Walk to light rail and enjoy nearby dining, historic districts, and cultural attractions. Offered for sale or lease; lease-option considered. Ask about seller incentives! HOA offer subject to terms.

3655 N 5th Avenue Unit 105, Phoenix

$200,000

3 Beds ⋅ 3 Baths ⋅ 7091477 MLS

Low-rate assumable VA loan, subject to lender approval. Qualified buyers, veteran or non-veteran, may be able to take over the existing loan instead of financing at today's rates, a rare opportunity in central Phoenix. This 3-bed, 2.5-bath, 1,408 sq ft two-story townhome features granite counters, dual-pane windows, generous closet space throughout, and an in-unit washer and dryer that stay with the home. The HOA covers the heating and cooling systems and hot water, which keeps utility costs unusually low; the seller's SRP bills averaged about $60/month over the past three years. Two assigned covered parking spaces, a private patio with a storage closet, and a community pool. A short walk to the 19th Ave/Glendale light rail, with Fry's, Target, and Grand Canyon University close by.

7126 N 19th Avenue Unit 192, Phoenix

$310,000

2 Beds ⋅ 2 Baths ⋅ 7091401 MLS

Welcome to the gated community of Tre Collina in North Phoenix! This charming 2-bedroom, 2-bath townhome features a desirable split floor plan offering comfort and privacy, brand-new carpet, and a convenient 1-car garage with direct access to the home. Enjoy the beautifully maintained community and refreshing community pool, perfect for relaxing on warm Arizona days. Ideally located directly across from Paradise Valley Community College and just minutes from Loop 101 and SR-51, providing easy access to shopping, dining, entertainment, and destinations throughout the Valley. Whether you're looking for a primary residence or a great investment opportunity, this townhome offers an excellent combination of location, convenience, and low-maintenance living!

18250 N 32nd Street Unit 1070, Phoenix

$345,000

4 Beds ⋅ 2 Baths ⋅ 7091399 MLS

Fall in love with this charming single-story residence with no HOA & LOW property taxes & a casita with a kitchenette !! You'll first notice the attractive landscaping and convenient carport parking/rv gate. Inside, you'll find inviting living areas ready to bring you joy, with tile flooring, plenty of natural light, and neutral paint throughout. The kitchen comes equipped with ample cabinetry, spacious counters, built-in appliances, and an island, perfect for casual meals. Get a good night's rest in the main retreat, complete with a practical walk-in closet and a bathroom for added comfort. Out back, you'll have a covered patio perfect for morning coffee, a grass area, and a gazebo, ideal for gatherings.

3602 N 64th Drive, Phoenix

5302 E Van Buren Street Unit 3046, Phoenix

$190,000

1 Beds ⋅ 1 Baths ⋅ 7091349 MLS

INCREDIBLE 0% INTEREST SELLER FINANCING! Save hundreds of thousands of dollars in interest with this unique opportunity to own a 1-bedroom, 1-bathroom condo in Phoenix with seller financing at 0% interest! This is the ONLY available unit featuring BOTH a garage and carport, offering unbeatable parking and storage. Enjoy relaxing views of the community pool and spa from your condo in this gated community. Conveniently located near ASU, Sky Harbor Airport, the Phoenix Zoo, Old Town Scottsdale, Tempe Marketplace, and Mesa Riverview, you'll have easy access to shopping, dining, entertainment, and major destinations throughout the Valley. With unique financing terms, standout parking, and a prime central location, this is an opportunity you don't want to miss!

5302 E Van Buren Street Unit 3046, Phoenix

$364,990

3 Beds ⋅ 2 Baths ⋅ 7091327 MLS

Welcome to this beautifully remodeled home! Come see this home quick, it won't last long. This home features brand new flooring, baseboards, ceiling fans, countertops, cabinets, fixtures and more! This home is MOVE IN READY. This location is perfect since it's next to stores, restaurants, castles and coasters and much more.

7230 N 41st Avenue, Phoenix

$277,000

3 Beds ⋅ 3 Baths ⋅ 7091306 MLS

Welcome to this well-located and competitively priced 3-bedroom, 2.5-bath townhouse, priced well to move fast! This inviting home offers a comfortable living area, functional kitchen, and a convenient 2-car garage. Enjoy access to a community swimming pool and relatively low HOA fees. The property is ideally situated with easy access to I-17, making commuting convenient, while shopping, dining, and everyday essentials are just minutes away. A great opportunity for a homeowner, first-time buyer, or investor looking for value, convenience, and a desirable location.

2573 W Monte Cristo Avenue, Phoenix

Start Your Search

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.