Phoenix Homes under $400,000

Welcome to Phoenix, Arizona, a vibrant city known for its stunning desert landscapes, rich cultural heritage, and year-round sunshine. As the fifth-largest city in the United States, Phoenix offers a unique blend of urban amenities and outdoor adventures, making it a perfect place for families, young professionals, and retirees alike. With a thriving economy, diverse job opportunities, and an ever-expanding arts scene, this city is not just a place to live, but a community to thrive in.

If you’re searching for affordable homes in Phoenix, you’re in luck! The real estate market here offers an impressive selection of properties under $400,000, making homeownership an achievable dream for many. From charming single-family homes nestled in quiet neighborhoods to modern townhouses with community amenities, there’s something for every taste and lifestyle.

Explore the various districts within Phoenix, each boasting its own unique charm. Whether you prefer the historic feel of downtown with its eclectic mix of shops and restaurants or the family-friendly atmosphere of the suburbs, you’ll find an array of options that cater to your needs.

With a cost of living that remains reasonable compared to other major cities, Phoenix is an attractive destination for those looking to invest in their future. Enjoy the beautiful Arizona sunsets, hike the breathtaking trails of the nearby mountains, and immerse yourself in the local culture—all while making your home in this remarkable desert oasis. Discover the possibilities that await you in Phoenix, where your dream home is just a search away!

Newest Phoenix Homes under $400,000

$340,000

4 Beds ⋅ 3 Baths ⋅ 7089788 MLS

Convenient -- all in one central corridor address. This 4-bedroom, 2.5-bath townhome needs some TLC The open floor plan flows effortlessly, with generously sized rooms that give you room to spread out and make it your own. Step outside to private patio or enjoy beautifully maintained grounds, complete with wide grassy green spaces and a sparkling community pool -- perfect for relaxing or entertaining. Close to some GREAT eating spots.

3876 N 30th Street, Phoenix

$375,000

3 Beds ⋅ 2 Baths ⋅ 7089787 MLS

Investor Special!!! This single level home poses a spacious lot with plenty of potential for outdoor living, entertaining, or future improvements. This investment opportunity offers a private pool, and potential for renovation. Conveniently located near shopping, dining, schools, and major roadways, the property presents an opportunity for investors looking to add value in a central Phoenix location.

7102 N 17th Drive, Phoenix

$339,999

3 Beds ⋅ 2 Baths ⋅ 7089756 MLS

NO HOA and UNDER $400K! Your chance to put down roots in this 3-bedroom, 2-bath brick ranch in established Ocotillo Park. Enjoy an updated kitchen, bathrooms upgraded in 2025, A/C upgraded in 2023 and air ducts replaced in 2025. Laminate and tile flooring make everyday upkeep easy. A separate family room and Arizona room give you space to spread out, while the covered patio and grassy, fenced backyard are ready for weekend barbecues or a quiet morning coffee. Single-level living, a private primary bath and extra storage add everyday convenience. Close to I-17, shopping and dining. See the Documents tab for the full list of seller-reported improvements, then come picture yourself at home!

2809 W Lawrence Road, Phoenix

$192,000

2 Beds ⋅ 1 Baths ⋅ 7089747 MLS

Beautiful 2-bedroom, 1-bathroom townhouse, recently updated kitchen, newer a/c, new water heater, 2 car, covered carport in the back, with a cute little fenced--in patio/yard. This property is also for lease. The HOA fees are very reasonable, and this property is being listed with roughly $10K in equity. Listing agent available for any questions.

3313 W Golden Lane, Phoenix

$249,900

3 Beds ⋅ 2 Baths ⋅ 7089606 MLS

Investor dream in central Phoenix. This classic Ranch-style home offers a traditional single-story layout with multiple living areas, three bedrooms, a on-car attached garage, and a detached structures with additional full bathroom that provide added flexibility. The property needs TLC, making it an excellent opportunity for buyers looking to renovate, restore, or reimagine a home with solid potential. The lot features mature palms and a fenced yard, and the location provides convenient access to I-17, shopping, dining, and everyday amenities. With its established neighborhood setting and versatile footprint, this home presents a promising project for those seeking value and long-term upside. Being sold as-is and cash only.

1614 W Brown Street, Phoenix

$300,000

3 Beds ⋅ 3 Baths ⋅ 7089598 MLS

Move-in ready and conveniently located! This 3-bedroom, 2.5-bath townhome offers a comfortable, functional layout with an updated kitchen featuring modern cabinetry, countertops and stainless steel appliances. Updated bathrooms, tile flooring throughout the main living areas and carpet upstairs add to the fresh, well-kept feel. Enjoy your own private outdoor space, plus two covered parking spaces. Rose Garden Townhouses offers a community pool and spa, with easy access to Loop 101 and I-17 for commuting throughout the Valley. A great opportunity for low-maintenance living in North Phoenix!

2106 W Pontiac Drive, Phoenix

$375,000

5 Beds ⋅ 2 Baths ⋅ 7089573 MLS

This elegant 5-bedroom residence is now available on the market. The home welcomes you with a cozy family room and a living area featuring tile flooring and direct outdoor access. The eat-in kitchen is spacious and well equipped, with generous cabinetry, a pantry, and granite countertops. The property includes two well appointed bathrooms, adding convenience for residents and guests. Generous bedrooms boast a refined designer palette, and the expansive backyard features a covered patio for relaxed outdoor living.

2656 N 48th Lane, Phoenix

$329,000

2 Beds ⋅ 1 Baths ⋅ 7089551 MLS

''Location that delivers. Space that inspires. Set on a generous 9,836 sq. ft. lot, this home offers an exciting opportunity to bring your vision to life in the heart of Phoenix. Just one block from Camelback Colonnade, minutes from the Biltmore area and Arcadia, and approximately 10 minutes from Downtown Phoenix, you're close to shopping, dining, entertainment, and more. Convenient access to SR-51 and I-10 makes getting around the Valley easy. Whether you're drawn to the spacious lot, central location, or opportunity to make it your own, this property deserves a closer look. Bring your ideas and bring all offers!''

1210 E Highland Avenue, Phoenix

$345,000

2 Beds ⋅ 2 Baths ⋅ 7089511 MLS

A backyard like this is a rare find in Pointe Tapatio. Tucked into one of North Phoenix's most distinctive communities, this beautifully updated townhome pairs low-maintenance living with an exceptional private outdoor space that feels more like a single-family home. The expansive, fully fenced yard is a true desert retreat, with mature palms and landscaping, turf, multiple gathering areas and abundant space to entertain, dine outdoors or simply unwind beneath the Arizona sky. Inside, the home is equally inviting, with rich wood flooring, a beautifully updated kitchen featuring granite countertops, white cabinetry and stainless steel appliances, and a comfortable, light-filled living space designed for everyday living and entertaining. Upstairs, the private balcony offers another peaceful place to enjoy the surrounding greenery and desert setting. Pointe Tapatio residents enjoy a resort-style community with heated pools and spas, lush greenbelts and walking paths, all set against the backdrop of the Phoenix Mountain Preserve and North Mountain recreation area. Realtor An additional opportunity for qualified buyers: the seller's existing FHA loan may be assumable, subject to lender approval and applicable loan-assumption requirements, offering the potential to assume a low interest rate. Consult with your agent for additional details. A rare combination of an updated interior, extraordinary private outdoor living and the resort-style Pointe Tapatio lifestyle.

10410 N 9th Street Unit 2, Phoenix

$348,950

2 Beds ⋅ 3 Baths ⋅ 7089462 MLS

UPGRADED & MOVE-IN READY! The big-ticket items are already done, starting with a brand-new HVAC system. The remodeled kitchen is the showstopper: quartz counters, tiled backsplash to the ceiling, open floating shelves, a center island and a full suite of stainless steel appliances. Upstairs, the bedrooms have LVP flooring, vaulted ceilings, and each one has its own bath and walk-in closet. Step out back to your private yard with a covered patio, made for morning coffee or evening grilling with no lawn to mow. A single-car garage with extra storage space and community perks like the pool, BBQ ramadas and shaded picnic areas finish the package. Turnkey living at its best.

2150 W Alameda Road Unit 1423, Phoenix

$149,999

2 Beds ⋅ 1 Baths ⋅ 7089422 MLS

INVESTOR/BUILDER ALERT! Fire damaged home sold ''as-is''. Do not enter. Home needs significant renovation. Cash offers only due to condition. Nice size great room floorplan. Eat-in kitchen with over-sink window overlooking the back yard. Carport was enclosed 10x19 and can be used as an office/craft room/??. Big covered patio with 2 storage closets. Parking for 3 cars. Fenced front and back yards with grass and mature landscaping. Meyer lemon tree is full of lemons. Walking distance to schools. Close to I10 & 101 freeways, shopping, Westgate, +++.

8839 W Campbell Avenue, Phoenix

1717 E Union Hills Drive Unit 1095, Phoenix

$315,000

2 Beds ⋅ 2 Baths ⋅ 7089364 MLS ⋅ 1,160 SqFt.

Beautiful home at 1717 E Union Hills Dr! New kitchen appliances

1717 E Union Hills Drive Unit 1095, Phoenix

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