Phoenix Homes under $400,000

Welcome to Phoenix, Arizona—a vibrant city that perfectly blends urban sophistication with stunning natural beauty. Nestled in the heart of Maricopa County, Phoenix is renowned for its sun-drenched days, breathtaking desert landscapes, and a thriving cultural scene. With a population of over 1.7 million, it stands as the fifth-largest city in the United States, offering a diverse array of amenities, recreational activities, and a warm, welcoming community.

For those seeking an affordable slice of this Southwestern paradise, Phoenix offers a fantastic selection of homes under $400,000. Whether you're a first-time homebuyer, a growing family, or looking for a cozy retreat, the housing market here has something for everyone. From charming single-family homes in established neighborhoods to modern condos with stunning views, you can find a property that suits your lifestyle and budget.

The city's diverse neighborhoods each boast their unique character. Explore the historic charm of downtown, with its vibrant arts scene, trendy restaurants, and lively nightlife. Or, consider the family-friendly suburbs, where parks and schools abound, making it an ideal place for raising children. With easy access to hiking trails, golf courses, and outdoor adventures, Phoenix is a haven for nature lovers and outdoor enthusiasts.

Investing in a home in Phoenix not only means finding a place to live but also becoming part of a dynamic community with endless opportunities. With homes under $400,000 available, now is the perfect time to make your move to this sunny oasis. Experience the warmth of the desert, and discover why Phoenix is a place where dreams come home.

Newest Phoenix Homes under $400,000

$384,900

3 Beds ⋅ 2 Baths ⋅ 7092632 MLS

Seller is giving 3.5% towards Buyer rate buy-down/closing costs. NO HOA!!! LOW PROPERTY TAXES!!! New Andersen windows 12/2022. Hardwood floors throughout except tile bathrooms & vinyl plank at den. Kitchen offers newer stainless fridge + new in Sept/2026 includes quartz counters, sink disposal & microwave. Oversized master w/ raised vanity, double sinks, new faucets Sept/2026 & newer tile bathroom/shower. Reverse osmosis drinking water. New paint throughout Sept/2026 except bedrooms + all hallway doors painted. Skylights & kitchen & bath. Ceiling fans throughout. Water softener included. Washer-dryer included. Backyard includes covered patio w/ pavers, diving pool, 8x10 storage shed & low maintenance landscaping. New side yard gate April/2026 Seller leaving 5 burner gas grill w/ new cover

6638 S 40th Place, Phoenix

$300,000

3 Beds ⋅ 1 Baths ⋅ 7092629 MLS

Great Opportunity for Investors or Buyers Looking for a Renovation Project! This 3-bedroom, 1-bathroom home is situated on a generously sized corner lot with no HOA. The property requires extensive repairs and renovations and offers potential for those ready to take on a major project. Please Note: There is a significant amount of debris throughout the interior of the home. Although electricity is connected, the interior lighting is not operational. No sight-unseen offers will be considered.

2945 E Culver Street, Phoenix

$274,900

2 Beds ⋅ 1 Baths ⋅ 7092578 MLS

Live in the Melrose District of Central Phoenix and enjoy all of the unique restaurants and vintage shopping that the area has to offer within blocks of your front door! This inviting condo features a modern, open floor plan filled with natural light, creating a bright and welcoming space to call home. Recent updates include a renovated bathroom, newer A/C, and stainless steel appliances. The primary bedroom offers a spacious walk-in closet, while the second bedroom provides versatile flex space ideal for a home office, guest room, or additional bedroom. Step outside to your private back patio, perfect for dining al fresco, enjoying your morning or unwinding at the end of the day. The community offers a sparkling pool, relaxing spa, and well-maintained common areas for enjoying the Arizona lifestyle. With its stylish updates, flexible living space, and unbeatable location, this Melrose gem is a must-see!

4330 N 5th Avenue Unit 102, Phoenix

$300,000

10 Beds ⋅ 6 Baths ⋅ 7092576 MLS

6015 N 32nd Drive, Phoenix

$230,000

3 Beds ⋅ 2 Baths ⋅ 7092530 MLS

INVESTOR SPECIAL! FIXER-UPPER WITH GREAT POTENTIAL! This 3-bedroom, 2-bath property features a separate 1-bedroom casita, offering flexible living arrangements or potential rental income. No HOA! Enjoy a prime location close to public transportation, including the Valley Metro Light Rail. Great opportunity for investors or buyers looking to renovate and add value. Bring your vision and make this property shine!

1757 E Hidalgo Avenue, Phoenix

$399,000

2 Beds ⋅ 1 Baths ⋅ 7092496 MLS

GOLF COURSE VIEWS & INCOME PRODUCING FURNISHED UNIT!!!! 2025 A/C. --Anasazi Village Community is located in highly sought after central Phoenix/Paradise Valley Area next to Stone Creek Golf Course. Enjoy hiking, biking, & walking around this 22 acre Resort like community. Perfect floor plan. Unit offers a View off the patio overlooking the 8th GREEN! Move in ready- This 2 bed/1bath unit offers many amenities: heated swimming pools & spas, billiards room, community center, media room, covered parking, wellness gym, walking distance to restaurants, shopping, close to the 51 freeway, minutes to Sky Harbor airport or downtown to a ball game! Currently an amazing income producing rental property or Just bring your clothes and move in

4303 E Cactus Road Unit 235, Phoenix

$99,000

2 Beds ⋅ 2 Baths ⋅ 7092493 MLS

Discover the perfect opportunity to enjoy affordable, resort-style living in this welcoming 55+ community nestled in the scenic North Phoenix foothills. Located in Sunrise Heights, this home offers comfortable living with the opportunity to add your own personal touches and updates. Enjoy the beautiful desert surroundings, mountain scenery, and relaxed atmosphere that make this community special. Residents can take advantage of community amenities including a heated swimming pool, spa, fitness center, and recreational facilities. Conveniently situated near Lookout Mountain Preserve, hiking trails, golf courses, shopping, restaurants, and freeways. Whether you're looking for a year-round residence or a seasonal Arizona retreat. AC workshop could be easily covered to 3rd Bedroom.

1620 E Villa Rita Drive, Phoenix

$167,900

2 Beds ⋅ 2 Baths ⋅ 7092468 MLS

Be the proud owner of this beautiful 2 bed 1 1/2 bath condo. The main level features a spacious living room and formal dining area complemented by tile flooring, neutral paint, recessed lighting, new ceiling fans and high baseboards and crown molding for a clean modern feel. 9+ foot ceilings throughout. Galley kitchen has granite counters and stainless steel appliances. Upstairs both bedrooms feature bamboo wood flooring and walk-in closets. The main bedroom includes a vanity and a private entry to the main bathroom. Main bedroom has newer tub and freshly tiled shower. Enjoy outdoor living with a covered patio and storage shed. Community offers a greenbelt, swimming pool and tennis court.

7126 N 19th Avenue Unit 222, Phoenix

$175,000

2 Beds ⋅ 1 Baths ⋅ 7092457 MLS

Priced well for first time buyers/tile flooring/partial block fence/need some TLC/send your offers / 2extra small rooms ideal for storage

4625 W Thomas Road Unit 114, Phoenix

2120 E Bluefield Avenue Unit 111, Phoenix

$55,000

3 Beds ⋅ 1 Baths ⋅ 7092426 MLS

Located near the Auga Fria Freeway 3/1 in the Buffalo Ridge Manufactured Home Community. Nice professionally managed all ages community with walking paths, community pool, playground & community room. Property needs paint & a little TLC All prospective owners must qualify to live in the community.

2120 E Bluefield Avenue Unit 111, Phoenix

$162,500

2 Beds ⋅ 1 Baths ⋅ 7092409 MLS

Beautifully remodeled, this two-bedroom, one-bath townhome is available and move-in ready. Fresh paint and carpet, as well as new cabinets, quartz countertops, and ceramic bathroom tile; make this home updated without the time and expense of doing it yourself. All for less than dated similar available properites. Centrally located, this property is only minutes from Sky Harbor Airport and downtown Tempe. Take a look at this town home today, it is priced to move quickly!

4629 E Southgate Avenue, Phoenix

$187,500

3 Beds ⋅ 3 Baths ⋅ 7092404 MLS

Seize the chance to own this end-unit townhome in Casa Del Pueblo! Discover a serene living room with a soothing palette, blinds, and stylish wood-look flooring. You'll also find a family room for relaxing evenings with loved ones. The well-appointed kitchen comes with granite counters, flat-panel cabinetry, recessed lighting, and essential built-in appliances. The main bedroom includes soft carpeting, a private bathroom, and a walk-in closet. Unwind in the backyard, which offers an open patio and an attached shed for additional storage. The Community boasts lush green spaces, a refreshing pool, a tennis court, and a convenient location close to bus stops, restaurants, shopping, and entertainment. Don't miss your chance to own this lovely property!

7126 N 19th Avenue Unit 109, Phoenix

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