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Homes Under $200K in Albuquerque

Find affordable homes under $200,000 in Albuquerque, New Mexico. These budget-friendly properties offer great value for first-time buyers, investors, and anyone looking for an affordable entry into the market.

Showing 78 listings in Albuquerque. Want to refine your search? Use our Advanced Home Search to filter by price, bedrooms, features, and more.

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Modern Upscale Condo in a Gated Community. Experience urban living in this bright and airy loft-style condo, ideally located near UNM, hospitals and downtown. Featuring soaring ceilings and abundant natural light, this home offers a spacious, contemporary feel. The HOA covers exterior building maintenance, landscaping, and a gated security system, offering a low-maintenance ownership. All appliances are included, along with the convenience of on-site parking. Located just minutes from UNM, with easy freeway access, shopping, dining, and entertainment nearby, this condo is perfect as a primary residence, a convenient city retreat, or an excellent investment property with strong rental potential. Don't miss this opportunity to own a stylish, low-maintenance condo in a prime location.

1
BEDS
1
BATHS
581
SQFT
0.23
ACRES

Exceptionally clean condo on second floor complete with Refrigerator, dishwasher, overlooking the pool and common areas. This unit is in a gated secured community ,complete with a refreshing pool & well manicured lawn. It is completely fenced and has postal boxes on the premises & close to Kirtland Air Force base, VA hospital and plenty of restaurants and a nearby Walmart. HOA covers Water, Sewer, Refuse, Pool, Laundry Facilities, Rec Room, Common Area maintenance, Roof, & Insurance for outside of buidlings.

1
BEDS
1
BATHS
680
SQFT
0.23
ACRES

Urban style. Downtown energy. Unbeatable location. Welcome to this stylish ground-floor studio with soaring 12' ceilings, hardwood floors, refrigerated A/C, and an industrial-inspired vibe that feels both modern and inviting. The open kitchen features solid-surface countertops, abundant cabinetry, and all appliances--including the washer and dryer. Enjoy the convenience of parking right outside your door, with covered parking also available. Residents also have access to the beautiful AHS campus courtyard just steps away, offering a peaceful outdoor retreat. Just minutes from Downtown, UNM, hospitals, local restaurants, breweries, coffee shops, and entertainment, this move-in-ready condo makes it easy to enjoy everything the city has to offer. Furniture is negotiable.

1
BATHS
547
SQFT

Great NE Heights 2 story 2 bed 2 bath with 1 car garage, this is a turnkey property. An incredible location close to great restaurants and shopping. HOA that covers some water, trash, roof, stucco, fencing and maintenance of common areas. Owner Financing Available.

2
BEDS
2
BATHS
968
SQFT
0.17
ACRES

PRICED TO SELL!! This top story unit brings quiet and elegant living, amazing views of the Sandias from the private balcony and above average space. With tile and luxury vinal for all the flooring, fresh paint, gorgeous wood finishes and combo HVAC unit updated in 2025, this home is sure to provide elegance and highest comfort. Enjoy worry free resort style living with the beautiful Club House, pool, hot tub and recently remodeled gym. See this beautiful property today

2
BEDS
2
BATHS
1,171
SQFT

Affordable and Adorable Nob Hill 1 bedroom ground floor condo in a gated 10 unit complex. This unit has a great use of space with kitchen, dining & living all comfortably designed. It feels larger with raised ceiling. Granite counters in the kitchen with maple cabinets, pantry and travertine tile. New mini split in '24 gives you refrigerated ac and heat. HOA covers building insurance, water sewer, and trash, and exterior maintenance. Each unit has a carport and a storage unit in the basement. Community laundry room with a 3/4 bathroom are also located in the basement. BBQ grill located in the back for residence use. Building roof replaced in '24. Easy access to all Nob Hill has to offer. Fha expanded its waiver of project to include infill condo 5-10 units. FHA financing may be available.

1
BEDS
1
BATHS
463
SQFT
0.06
ACRES

Move right in and start enjoying easy, low-maintenance living! This fully furnished studio condo is truly turnkey, with all furniture included. Stay comfortable year-round with refrigerated air installed just a few years ago. Step onto your private balcony overlooking one of the 3 community pools--the perfect spot to enjoy your morning coffee or unwind at the end of the day. Ideally located just minutes from shopping, restaurants, and everyday conveniences, this condo is an excellent choice for a primary residence, second home, or investment property.

1
BATHS
436
SQFT
13.23
ACRES

Welcome home to this nicely maintained 2-bedroom, 1-bath condominium offering comfort, convenience, and low-maintenance living. The updated kitchen features a stylish subway tile backsplash, while the updated bathroom adds a modern touch. Mini-split heating and cooling units provide year-round comfort and energy efficiency. Large windows fill the home with natural light, and the private balcony is the perfect spot to enjoy your morning coffee or unwind in the evening. Spacious bedrooms, generous storage, and in-unit laundry add everyday convenience. Located in a gated community with a clubhouse, pool, fitness center, and dog park, and just minutes from shopping, dining, and everyday amenities. HOA covers property taxes, gas, water, sewer, and trash. Complex has elevator.

2
BEDS
1
BATHS
858
SQFT
2.98
ACRES

Contact agent prior to scheduling a showing! Short sale - Priced for quick action and CASH OFFERS ONLY! Subject to full bank approval. Property Highlights: Spacious lot with room to customize or expand. This 3-bedroom, 2-bath single-family home 1303 Square feet on a 7,000 sq ft lot has a lot of potential for the right buyer or investor. Proof of funds required with offer and Sold ''As-Is''Serious cash buyers only - please contact me for more details, to schedule a showing, or to submit an offer. All offers will be presented to the lender for approval.

3
BEDS
2
BATHS
1,252
SQFT
0.16
ACRES

Welcome home! Beautiful one-year-old, move-in-ready home offering modern comfort and low maintenance living. This well-maintained home features refrigerated air, and an open and inviting layout. Enjoy an exceptional lifestyle with community amenities that include a clubhouse, fitness center, swimming pool, splash pad, picnic areas, park, gated entry, and more. Conveniently located just minutes from major highway access, provides an easy and quick commute. Land lease includes water, sewer, and trash services, with lease payments varying based on water usage. Don't miss this opportunity to own a like-new home in in a vibrant amenity-rich community.

3
BEDS
2
BATHS
1,080
SQFT

Move-in-ready 2-bedroom, 3-bath townhome in a convenient Northeast Albuquerque location! This updated home features wood-look flooring throughout, fresh neutral finishes, a spacious living room with a fireplace, and an updated kitchen with modern cabinetry and granite-look countertops. Upstairs, both bedrooms offer privacy and easy access to remodeled bathrooms featuring stylish tile surrounds. A downstairs powder bath, in-unit laundry area, and private fenced courtyard provide added convenience and functionality. Close to shopping, dining, parks, schools, and major commuter routes, this low-maintenance property is ideal for first-time buyers, investors, or anyone looking for affordable homeownership in the heart of Albuquerque.

2
BEDS
3
BATHS
1,042
SQFT

Charming, well kept 2 bedroom condo featuring gorgeous eastern mountain views! This pristine home offers that perfect cozy retreat with a classic wood-burning fireplace in the living area and a private porch ideal for enjoying the morning sunrise over the mountains. Enjoy year-round comfort with efficient refrigerated air. Located just minutes from shopping centers and daily conveniences. This low-maintenance gem is in excellent condition and ready for its next owner. Schedule your tour today!Refrigerated air new within the last 2 years. Washer dryer, stove and kitchen exhaust fan all purchased within the last 9 months.

2
BEDS
1
BATHS
764
SQFT

Conveniently located near UNM, CNM, Kirtland AFB, Sandia National Laboratories, and the Albuquerque Sunport, and with quick access to I-25, this charming second-floor condo offers both comfort and convenience. Just steps from the community pool, clubhouse, and laundry facility, you'll enjoy a relaxed lifestyle in a park-like setting with mature pine trees and multiple picnic areas. The unit was extensively remodeled around 2020 and features fresh interior paint completed in May 2026. HOA dues cover all utilities, building insurance, exterior maintenance, common area upkeep, and access to the swimming pool, clubhouse, and laundry facilities. Affordable and low-maintenance living for under $100,000--schedule your showing today and see all this property has to offer.

1
BATHS
381
SQFT

Come see this nicely updated unit in the popular Eagle's Nest Gated community. This property boasts new stainless steel appliances, refrigerated air, and an updated Kitchen. Eagles Nest is a community that offers various courtyards, a community pool, laundra and pet areas and a gated entrance for extra security. Property is located near Kirtland Air Force Base, UNM and easy, quick acces to I-25. Please see LO/SO comments or call Listing Broker for Owner Financing options.

1
BEDS
1
BATHS
562
SQFT
$130,000
-10,000$ 06/29

PRICE IMPROVEMENT!!! Investor Special! Great opportunity to unlock this property's potential. Whether you're looking for your next renovation project, rental, investment, or value-add opportunity, this home offers endless possibilities. This property is sold as is. Bring your ideas and make it shine!

2
BEDS
1
BATHS
837
SQFT
0.24
ACRES

Spacious 3 bedroom, 2 full bath condo featuring beautiful laminate flooring and partial mountain views from the balcony. This generously sized home offers a separate dining area and recently replaced furnace for added comfort. The community includes gated entry with 24 hour security, pool, hot tub, fitness room, clubhouse, and pool table for gatherings and recreation. Ample parking available and centrally located with convenient access to shopping, dining, entertainment, and major roadways. Explore all this condo has to offer and make it yours today!

3
BEDS
2
BATHS
1,117
SQFT

Wonderful opportunity with this 2 bedroom/2 bathroom condominium located just off Interstate 25. This HUD owned home has is gated and has a fireplace. Property is eligible for FHA $100 down payment program when using FHA 203 (b) or 203(k)financing.

2
BEDS
2
BATHS
917
SQFT

Like-new 2023 Champion manufactured home in CJ Mobile Home Park! This 3-bedroom, 2-bathroom single-wide offers 850 sq ft of modern, low-maintenance living. The open-concept floor plan features durable laminate flooring, a functional kitchen with newer Whirlpool appliances, and a comfortable living area. Washer and dryer are included for added convenience. The private primary suite includes its own bath, while two additional bedrooms provide space for guests, a home office, or hobbies. Outside, enjoy parking for 2-3 vehicles. Built in 2023, this home offers the benefits of newer construction and updated systems. Current lot lease is $575/month and includes trash service. Move in ready and perfect for first time home buyers or investors!

3
BEDS
2
BATHS
850
SQFT

Well maintained one bedroom condo located adjacent to the Paradise Hills Golf Course and Club Bar and Grill. The home is a one story, stand-alone unit with a small private back yard. It offers plenty of storage and a large walk-in closet. The home has a new roof, water heater, HVAC vents and outdoor plumbling completed in 2025, as well as a newer HVAC unit for heating and refrigerted air, upgraded electric panel, and upgraded windows and doors. There is a covered parking spot with a 4'' x 6'' storage room. The property is conveniently located near shopping and all the amenities you should ever need.

1
BEDS
1
BATHS
953
SQFT
0.02
ACRES

Cute & affordable starter home with 2 bedrooms. The bathroom has handicap commodities. Close access to I-40 and !-25. Home is on a land lease ($550 per month). Located at Western Heights mobile home park. No permanent foundation.

2
BEDS
1
BATHS
802
SQFT

Great investment opportunity, property is in substandard condition, but has potential to be remodeled into a duplex or triplex. It may be rezoned commercial due to the property's location.

4
BEDS
4
BATHS
2,727
SQFT
0.16
ACRES

Welcome home to this move-in ready 1-bedroom, 1-bath condo in the heart of Uptown Albuquerque at Winrock Villas. The bright, open floor plan features a spacious living and dining area that opens to a private balcony. The kitchen offers everyday functionality, and the primary suite includes a walk-in closet. Enjoy central refrigerated air, a community pool, assigned covered parking, and an HOA that covers many utilities. Conveniently located near Winrock Town Center, ABQ Uptown, shopping, dining, and major roads. Great for first-time buyers or investors. Inquire about Interest Rate Buy Down Options good through 6/30/2026.

1
BEDS
1
BATHS
622
SQFT
13.23
ACRES

Wonderful updated second-floor condo located in the gated Hillcrest Park community. Features include granite countertops, updated kitchen cabinets, laminate wood flooring, and French doors that bring in abundant natural light and open to a private balcony. The unit is in excellent condition and includes a washer/dryer combo. HVAC upgrade 2023 - refrigerated air. HOA covers water, sewer, gas, water heater, exterior maintenance (roof/stucco), common areas, pool, fitness center, playground, insurance, and gated entry security.

1
BEDS
1
BATHS
749
SQFT

Welcome to this beautifully remodeled and cared for condominium in Hillcrest Park with 3 bedroom, 2 bath, a pool, garden, treed grounds and community/fitness center. Upon entry, you are greeted with a spacious open concept floor plan with a wood burning fireplace. Kitchen contains stainless steel appliances and granite countertops. No carpet - luxury plank flooring and tile only. HOA covers some utilities, security, common grounds.

3
BEDS
2
BATHS
1,122
SQFT

Great central location. This could be a great investment opportunity. This home is located on a large lot, features 2 bedrooms, possibly 3 bedrooms and 2 baths.

2
BEDS
2
BATHS
1,206
SQFT
0.2
ACRES
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

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