Phoenix Homes under $500,000

Welcome to Phoenix, Arizona—a vibrant city that beautifully blends urban sophistication with stunning natural landscapes. Nestled in Maricopa County, Phoenix is known for its warm climate, rich cultural diversity, and a thriving economy that attracts residents from all walks of life. With over 300 days of sunshine each year, outdoor enthusiasts can enjoy an array of activities, from hiking in the picturesque Camelback Mountain to exploring the expansive Desert Botanical Garden.

For those looking to make Phoenix their home, you’ll be delighted to discover a variety of charming homes available for under $500,000. This price range offers a plethora of options, from cozy single-family residences in family-friendly neighborhoods to modern townhomes perfect for young professionals. Many of these homes feature contemporary designs, spacious layouts, and outdoor spaces ideal for entertaining or simply soaking up the sun.

Living in Phoenix means embracing a lifestyle filled with cultural richness. Residents can enjoy vibrant art scenes, delicious dining experiences, and numerous festivals throughout the year. The city is also home to top-rated schools and a variety of parks, making it a fantastic place for families.

Whether you’re a first-time homebuyer or looking to downsize, Phoenix offers an inviting real estate market with homes that suit every taste and budget. With its unique blend of affordability and lifestyle opportunities, now is the perfect time to explore what Phoenix has to offer. Your dream home awaits in this sun-soaked desert oasis!

Newest Phoenix Homes under $500,000

$319,900

3 Beds ⋅ 2 Baths ⋅ 7096665 MLS

OWNED LAND! NO LOT FEE! Enjoy North Phoenix living! This home has just been completely remodeled and is ready for its next owner! Boasting low maintenance landscaping, covered parking and plenty of parking, this is truly a stunner. The interior is complete with a brand new kitchen, stainless steel appliances, LVP Flooring, new showers, vanities, quartz counters, paint and more! You truly need to see it to believe it!

306 E Villa Theresa Drive, Phoenix

$350,000

2 Beds ⋅ 3 Baths ⋅ 7096660 MLS

Your VIBRANT URBAN INFUSED LIFESTYLE awaits. In the heart of Downtown Phoenix sits this BEAUTIFUL 2bd 2.5ba w/loft home that features 1630sf of BRIGHT OPEN living space & HIGH ceilings. Lovely functional kitchen w/ granite counters. Updates boast unique contemporary modern design that compliment and enhance urban living. Located in the desirable gated community of Renaissance Park. Amenities include community pool, serene pond areas, two spas, clubhouse & workout facility. Very walkable to transit commuting, Downtown Phoenix Business District, PRO SPORTING events, Major University locations include ASU, U of A & NAU, Museums, Science Center, CULINARY & trendy eateries, boutique shops and a variety of entertainment options.

101 N 7th Street Unit 263, Phoenix

$349,000

3 Beds ⋅ 2 Baths ⋅ 7096649 MLS

Newer AC, New Paint and Carpet, new LVP in bathrooms and laundry

725 W Maldonado Road, Phoenix

10410 N Cave Creek Road Unit 1070, Phoenix

$265,000

2 Beds ⋅ 2 Baths ⋅ 7096645 MLS

Set within the gated Pointe Tapatio community, this ground-floor residence pairs resort-style living with thoughtful, move-in-ready updates. The open great room is the heart of the home: the kitchen flows into the living area, anchored by a striking beehive fireplace, while sliders extend the space to a private patio with its own storage closet. The kitchen was refreshed in 2020 with maple cabinetry, quartz countertops, and a farmhouse sink, complemented by stainless steel appliances. The bathrooms received new quartz-topped vanities the same year and a brand new stand-alone shower was recently added to the primary bedroom ensuite. A split floor plan places two primary suites on opposite sides of the home, each with a walk-in closet and direct patio access. It's an ideal layout for guests, shared living, or a dedicated home office. HOA dues cover cable, water, sewer, and trash, which keeps ownership simple. Community amenities include three pools, a spa, and tennis and basketball courts, with hiking and biking trails close by. This is a special opportunity in an ideal location that's not to be missed out on.

10410 N Cave Creek Road Unit 1070, Phoenix

$325,000

3 Beds ⋅ 2 Baths ⋅ 7096644 MLS

Welcome home to this fully remodeled 3 bed, 3 bath home in Sevilla Court! Step inside to soaring ceilings, abundant natural light and and a 2 care garage. It's updated throughout with new interior paint, new luxury vinyl flooring, new light fixtures, and new ceiling fans, so there's nothing to do but move in. 2018 HVAC The kitchen has white shaker cabinets, all new stainless steel appliances, quartz countertops, the dining area opens through a slider to the fenced backyard and patio. Minutes from GCU and public schools, shopping and dining. Move-in ready!

3822 W Oregon Avenue, Phoenix

$319,900

2 Beds ⋅ 1 Baths ⋅ 7096636 MLS

Well-maintained and recently remodeled 2-bedroom, 1-bath home featuring a spacious interior and a generously sized yard. Recent improvements include new vinyl flooring, an updated tile shower, new light fixtures, and fresh interior and exterior paint. Enjoy the added space both inside and out, with a large yard offering plenty of possibilities for outdoor enjoyment, entertaining, or future customization.

17605 N 9th Avenue, Phoenix

$320,000

2 Beds ⋅ 2 Baths ⋅ 7096620 MLS

Enjoy stylish, low-maintenance living in this beautifully updated condo featuring modern appliances, marble-look countertops and a full-size washer and dryer in the dedicated laundry room. Additional upgrades include a refreshed guest bathroom and waterproof laminate flooring throughout. This gated community offers resort-style amenities, including three swimming pools, a spa, gas barbecue areas, elevators, a business center, and cardio and weight rooms. Conveniently located near popular shopping and dining, including Trader Joe's, Whole Foods and Fry's, and approximately 12 minutes from Phoenix Sky Harbor International Airport. Uptown living at its best!

1701 E Colter Street Unit 391, Phoenix

$379,900

3 Beds ⋅ 2 Baths ⋅ 7096586 MLS

Discover all the charm of this adorable single-story home with no HOA in Phoenix! Desirable location close to hiking, schools, restaurants, and shopping. Inside, you'll find inviting living areas designed with comfort in mind. Roof replaced in 2025, and freshly painted offering a soothing, neutral palette throughout. The kitchen boasts wood cabinetry, recessed lighting, tile backsplash, plenty of counter space, and built-in appliances for a seamless cooking experience. The primary retreat hosts a private bathroom for added comfort. Out back, you'll have ample room for entertaining and relaxation, with a covered patio and a grassy area. This is the one!

1007 E Ruth Avenue, Phoenix

18026 N Cave Creek Road Unit 106, Phoenix

$58,900

2 Beds ⋅ 1 Baths ⋅ 7096558 MLS

Home, sweet home! This 2-bedroom, 1-bath residence in the adult 55+ Community of Paradise North Mobile Home Park welcomes you with a screened front porch, perfect for morning coffee or evening refreshments. Inside, you'll find an appealing open layout with a soothing palette, blinds, and wood-look flooring. The eat-in kitchen comes with crisp white cabinetry, a tile backsplash, sleek stainless-steel appliances, and a peninsula with a breakfast bar for quick meals. The main bedroom includes a walk-in closet for an organized wardrobe. You'll also find an air-conditioned dedicated workshop for personal projects or hobbies. Seller is offering Home Warranty. Don't miss out on this one!

18026 N Cave Creek Road Unit 106, Phoenix

$249,900

2 Beds ⋅ 3 Baths ⋅ 7096535 MLS

Ideally situated in the heart of Phoenix, this beautifully updated and exceptionally clean two-bedroom, 2.5-bathroom townhome offers a desirable floor plan, stylish finishes, and comfortable living. The kitchen features stainless steel appliances, butcher block countertops, and a custom backsplash, opening seamlessly to the spacious great room and private patio with a large storage closet--perfect for relaxing or entertaining. A designer staircase leads to the upstairs living quarters, where both bedrooms feature their own attached bathrooms for added privacy and convenience. Fresh interior and exterior paint give the home a crisp, refreshed feel throughout..... Enjoy the added value of an HOA that includes heating, cooling, water, sewer, and trash, along with two covered parking spaces and access to the community pool. With its modern updates, functional layout, and convenient Phoenix location, this move-in-ready townhome is an outstanding opportunity for comfortable, low-maintenance living.

6030 N 15th Street Unit 11, Phoenix

$448,000

3 Beds ⋅ 2 Baths ⋅ 7096534 MLS

Stunning Designer Remodel in a prime location with NO HOA! Beautifully transformed with high-end finishes, modern elegance, and exceptional attention to detail throughout! Step inside to a bright large open interior featuring a fresh neutral color palette, beautiful wood-look flooring, stylish lighting, and designer touches. The gorgeous kitchen is the centerpiece of the home, showcasing crisp white shaker cabinetry, sleek quartz countertops, stainless steel appliances, a custom backsplash, and an inviting space perfect for entertaining. Beautifully updated bathrooms feature elegant tilework, and spa-inspired finishes. All new dual pane windows, new exterior paint and an expanded driveway with RV gate! Enjoy the backyard oasis with a covered patio, built-in BBQ grill, artificial turf, & a sparkling pool! Highly desirable area! Move in ready and an absolute must see!!

19606 N 3rd Avenue, Phoenix

$178,000

2 Beds ⋅ 1 Baths ⋅ 7096518 MLS

4242 N 68th Drive, Phoenix

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Phoenix Homes under $500,000

Newest Phoenix Homes under $500,000

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