Phoenix Homes under $500,000

Phoenix Homes under $500,000

Welcome to Phoenix, Arizona – a vibrant city that perfectly blends urban sophistication with the breathtaking beauty of the desert landscape. Nestled in Maricopa County, Phoenix is known for its year-round sunshine, stunning sunsets, and a rich tapestry of cultural experiences. With a population that thrives on diversity, this dynamic city offers a unique lifestyle that attracts families, young professionals, and retirees alike.

If you're looking for an affordable slice of this sun-kissed paradise, you’ll be delighted to discover that there are numerous homes available under $500,000. Whether you’re seeking a cozy single-family home, a charming townhouse, or a modern condo, Phoenix has something to suit every taste and budget. These homes often feature spacious layouts, contemporary designs, and access to fantastic amenities, making them ideal for both first-time buyers and those looking to downsize.

Living in Phoenix means enjoying a plethora of outdoor activities, from hiking in the stunning Camelback Mountain to exploring the expansive Desert Botanical Garden. The city boasts a thriving arts scene, delicious culinary options, and a variety of shopping experiences, ensuring there's never a dull moment. Plus, with a strong job market and a commitment to community growth, Phoenix is an excellent place to invest in your future.

Take the opportunity to explore the incredible homes available in Phoenix under $500,000 and discover why this city is not just a place to live, but a place to thrive. Embrace the warm weather, friendly neighborhoods, and endless possibilities that await you in the Valley of the Sun!

Newest Phoenix Homes under $500,000

710 E Coronado Road, Phoenix
$470,000
4 Beds ⋅ 3 Baths ⋅ 7103170 MLS ⋅ 1,370 SqFt.
Welcome home! Don't miss the opportunity to own this adorable single-story residence featuring carport parking & a cozy front patio. Abundant natural light fills the inviting interior, highlighting the large living room w/a fireplace & the formal dining area, perfect for gatherings. The kitchen comes w/built-in appliances, track lighting, plenty of cabinets, & a French door leading to the back patio. All bedrooms provide well-sized closets for added convenience. A standout feature of this property is the separate casita, complete w/its own bathroom, kitchenette, common area, & attached laundry room. PLUS, enjoy the added benefit of solar panels for improved energy efficiency! Spacious backyard has a covered patio, storage shed, & a pool. Hurry! Make it yours while it's available!

710 E Coronado Road, Phoenix
2625 E Indian School Road Unit 229, Phoenix
$225,000
2 Beds ⋅ 2 Baths ⋅ 7103150 MLS ⋅ 874 SqFt.
Beautifully updated and spacious 2-bedroom, 2-bathroom condo loaded with upgrades! This bright, turn-key home features brand new luxury vinyl plank flooring, fresh neutral paint, and updated lighting and plumbing fixtures throughout. The kitchen boasts a brand new over-the-range microwave and dishwasher, while both bathrooms showcase new quartz countertops. Enjoy an in-unit washer and dryer, a private balcony with an extra storage closet, and dedicated assigned covered parking. Located in a fantastic community, residents enjoy access to a resort-style pool and a fully equipped gym. Surrounded by shopping, restaurants and easy access to freeways. Move-in ready and waiting for you!

2625 E Indian School Road Unit 229, Phoenix
3434 E Baseline Road Unit 220, Phoenix
$197,500
2 Beds ⋅ 2 Baths ⋅ 7103149 MLS ⋅ 858 SqFt.
Welcome to Raven Condominium! This gated community is nestled in a wonderful area with mountain views and nearby golf courses. This 2-bedroom, 2-bathroom home is located on the second floor. The interior is contemporary, with granite countertops in the kitchen and bathrooms. The kitchen has stainless steel appliances and a refrigerator. The property also includes the washer and dryer. The complex has a community pool and spa. Don't miss out on your winter getaway home!

3434 E Baseline Road Unit 220, Phoenix
2034 E Yale Street, Phoenix
$359,900
3 Beds ⋅ 2 Baths ⋅ 7103139 MLS ⋅ 1,195 SqFt.
ADU OPPORTUNITY in Central Phoenix! Includes a bonus detached, climate-controlled back office ready for work or creative expansion! PRIME lot with incredible detached ADU potential under the City of Phoenix ordinance-ideal for rental income, a guest casita, or multigenerational living. Inside, enjoy low-maintenance 20'' tile throughout, an eat-in kitchen with gas cooking, oak cabinetry, and a primary suite featuring a travertine sunken shower. The large fenced backyard offers plenty of open space, privacy, and room to grow with NO HOA restrictions. Minutes from Phoenix Children's Hospital, Downtown Phoenix, dining, shopping, and major freeways. A versatile Central Phoenix gem with serious value-add upside! Buyer to verify all facts and figures.

2034 E Yale Street, Phoenix
18026 N Cave Creek Road Unit 91, Phoenix
$43,000
2 Beds ⋅ 1 Baths ⋅ 7103138 MLS ⋅ 768 SqFt.
This charming 2-bedroom, 1-bathroom manufactured home is the one for you! You'll first notice the cozy covered patio ideal for morning coffee and the spacious carport parking! Inside, you'll find sizable living areas with wood-look floors, abundant natural light, and neutral paint that complements any decor. The impeccable kitchen comes equipped with shaker-style cabinetry, granite countertops, and built-in appliances for a seamless cooking experience. The two bedrooms are good-sized and carpeted, offering comfort. Out back, you'll have a paver patio perfect for outdoor dining and a storage shed that also hosts the laundry area. Truly a must-see home!

18026 N Cave Creek Road Unit 91, Phoenix
5722 S 12th Lane, Phoenix
$394,900
4 Beds ⋅ 2 Baths ⋅ 7103129 MLS ⋅ 1,470 SqFt.
A beautiful craftsman home designed for the modern family. 4 bed/ 2 bath home 1470 sqft. Loads of features include granite counter tops, kitchen islands, tile floors throughout, tile showers and much more. Open floor plan, Huge kitchen, amazing bathrooms, and superb designer details. Refrigerator, washer and dryer are included with the home.

5722 S 12th Lane, Phoenix
1817 S 63rd Drive, Phoenix
$359,000
4 Beds ⋅ 3 Baths ⋅ 7103101 MLS ⋅ 1,446 SqFt.
With four bedrooms and two and a half bathrooms, this Beazer-built home offers room for everyday living, guests, or a home office. The stucco exterior and concrete tile roof create a classic Arizona look, complemented by a two-car garage for convenient parking and storage. The refrigerator, washer, and dryer are included. Step outside to the backyard patio for morning coffee, outdoor dining, or relaxing at the end of the day. Located in the established Cypress Landing community, enjoy easy access to nearby shopping, dining, and everyday essentials, plus convenient connections to Loop 202 and I-10 for commuting to downtown Phoenix and getting around the Valley.

1817 S 63rd Drive, Phoenix
19653 N 30th Street, Phoenix
$285,000
3 Beds ⋅ 2 Baths ⋅ 7103093 MLS ⋅ 1,572 SqFt.
Enjoy the extra space and freedom that come with this generously sized corner lot tucked away on a cul-de-sac! With no HOA and a large lot offering plenty of possibilities, this property is a great find for buyers looking for room to spread out. An RV gate adds convenience and flexibility, while the covered patio provides a spot to relax and enjoy the outdoors. Inside, LVP flooring, oversized baseboards, and a distinctive wood accent wall in the living room add character and style. The front and backyard are dirt, offering a blank canvas to create your own outdoor vision. With its cul-de-sac setting, expansive lot, RV gate, and no HOA, this home offers space, flexibility, and opportunity!

19653 N 30th Street, Phoenix
3117 W Acoma Drive, Phoenix
$439,000
3 Beds ⋅ 2 Baths ⋅ 7102986 MLS ⋅ 1,874 SqFt.
This versatile 3-bedroom home offers 1,874 sq. ft. of living space, a built-in office, and exceptional parking flexibility! Ideal for business owners and work-from-home professionals, with dedicated office space and room to spread out. Beyond the attached 2-car garage and main driveway, enjoy additional driveways on BOTH sides of the home, covered parking, an RV gate, and space for 8+ vehicles! Perfect for RVs, boats, trailers, trucks, and more. Inside, you'll find a functional kitchen with island, comfortable living areas, and updates including a remodeled kitchen, bathrooms, flooring and a replaced roof, all within the past 5 years. Enjoy the covered patio, built-in BBQ, pavers and additional storage. This property delivers a rare combination of functionality and flexibility!

3117 W Acoma Drive, Phoenix
820 N 8th Avenue Unit 14, Phoenix
$500,000
2 Beds ⋅ 3 Baths ⋅ 7102982 MLS ⋅ 1,476 SqFt.
Discover this charming 3-story townhome in the gated Center 8 Townhomes Community! Featuring 2 beds, 2 baths + powder room, a 2-car garage w/epoxy floors, and a gated front yard w/an inviting paver patio. Inside, you'll find a welcoming formal living area and a convenient guest powder room. Upstairs, an excellent open layout connects the eat-in kitchen to the spacious family room, highlighted by a stylish accent wall & media cabinet. Sliding glass doors provide balcony access. The kitchen boasts white shaker cabinetry, quartz countertops, tile backsplash, and an island w/breakfast bar. The spacious main suite includes a private bath w/dual sinks, a tiled shower, and a walk-in closet. The secondary bedroom also offers a built-in dresser and its own ensuite for added comfort. Move-in ready!

820 N 8th Avenue Unit 14, Phoenix
7126 N 19th Avenue Unit 200, Phoenix
$175,000
3 Beds ⋅ 3 Baths ⋅ 7102971 MLS ⋅ 1,408 SqFt.
Seize the chance to own this end-unit townhome in Casa Del Pueblo! Discover an inviting living/dining room with a soothing palette, recessed lighting, blinds, and wood-look flooring. You'll also find a dedicated family room for relaxing evenings with loved ones. The well-appointed kitchen comes with wood counters, ample cabinetry, a tile backsplash, and essential built-in appliances for a seamless cooking experience. The main bedroom features soft carpeting, a private bathroom, and a convenient walk-in closet. Unwind at the end of a long day in the backyard, which offers an open patio, a storage closet, and fragrant citrus trees for Mediterranean charm. Don't miss out on this fanfastic opportunity!

7126 N 19th Avenue Unit 200, Phoenix
5625 S 19th Place, Phoenix
$279,000
3 Beds ⋅ 1 Baths ⋅ 7102914 MLS ⋅ 1,259 SqFt.
Investor Special! 3 bedroom, 1 bathroom home with 1 car carport! Oversized laundry room could be converted to a 4th bedroom or bonus room! Nice large tuff shed! Alley access!! Spacious backyard!! Great Southern Village neighborhood near Hermoso Park!!

5625 S 19th Place, Phoenix
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