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Homes Under $400K in Albuquerque

Find affordable homes under $400,000 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 349 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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Recently remodeled and move-in ready! This 3-bedroom, 2.5 -bath home offers over 1,900 sq ft with a main-level primary suite and an open, bright floor plan. Upstairs loft with city and Sandia Mountain views. Located on one of the largest lots in the neighborhood with great outdoor potential. Updated kitchen with granite countertops, peninsula, and new kitchen appliances. Remodeled bathrooms, new flooring, fresh interior/exterior paint, and all-new fixtures,. New AC unit and Furnace. Finished 2-car garage. Convenient access to Paseo Del Norte, shopping, dining, and parks.

3
BEDS
3
BATHS
1,903
SQFT
0.16
ACRES

Beautifully appointed 3-bedroom, 2-bath townhome ideally located near the desirable North Valley, offering quick access to schools, shopping, dining, and downtown Albuquerque. Built by Twilight Homes, this property showcases quality craftsmanship and thoughtful design throughout. Raised ceilings create an open, airy feel, while the spacious living areas provide comfort and flexibility for everyday living and entertaining. The kitchen features stunning granite countertops, custom cabinetry, and ample prep space, perfect for any home chef. The spa-inspired bathrooms offer a relaxing retreat with elegant finishes and a luxurious feel. Enjoy the perfect blend of style, convenience, and location in a beautifully maintained home close to everything the city has to offer.

3
BEDS
2
BATHS
1,545
SQFT
0.05
ACRES

Offering $1000 credit to buyer for rate buy down or closing costs!! UPDATED flooring, entertainers backyard, and located on a cul-de-sac!! Welcome to this beautifully updated 3-bedroom, 2.5-bath home in the highly sought-after Ventana Ranch community. This two-story gem features stylish updated flooring throughout, a bright and functional layout, and plenty of space to live and entertain. Step outside to a beautifully landscaped backyard--perfect for relaxing evenings or weekend gatherings. Tucked in a quiet neighborhood just minutes from shopping, dining, parks, and top amenities, this home offers the perfect mix of comfort, style, and location. A must-see!

3
BEDS
3
BATHS
2,281
SQFT
0.16
ACRES

PRICE REDUCED $20k! Great Location and Sits on a Large Lot of 1/4 of an Acre. Three bedroom, One and 3/4 bath . Large Bonus Room upstairs with a Fireplace - Game Room, Office, Teenager Hang-out! RV on the side of the home. Great covered patio in the backyard- perfect for entertaining. Garden Shed or added storage . Fenced Back yard, walled front yard.

3
BEDS
3
BATHS
2,070
SQFT
0.25
ACRES

Charming Updated 4-Bedroom Home in a Prime Location - updated 4-bedroom, 1-bathroom , perfectly situated in a highly convenient neighborhood.Step inside to find a refreshed interior with modern touches throughout. The home features refrigerated air for year-round comfort, making those New Mexico summers much more enjoyable. With four spacious bedrooms, there's plenty of room for family, guests, or a home office.Outside, you'll love the generous driveway parking plus a separate driveway that provides direct access to the backyard through a secure iron gate -- perfect for trailers, boats, extra vehicles, or backyard entertaining.Best of all, there is no HOA, giving you the freedom to truly make this home your own.This property is ideally located, just minutes fr

4
BEDS
1
BATHS
1,470
SQFT
0.14
ACRES

Sunshine, style, and charm await in this Mark Twain neighborhood gem! Step inside this enchanting home where classic character meets modern updates. With 1,956 sq. ft., 3 bedrooms, 2 bathrooms, and two spacious living areas, there's room for everyone to relax, entertain, or work from home. Natural light floods every room, highlighting gleaming hardwood floors and beautifully updated bathrooms. The kitchen is a chef's delight, featuring crisp white cabinets, stainless steel appliances, and generous counter space for cooking and entertaining. Outside, enjoy your covered patio for morning coffee and relaxing evenings. 1-car garage adds convenience. Nearby is Albuquerque Uptown, Winrock, and Coronado Malls. Easy access to I-40. Come see this charming home!

3
BEDS
2
BATHS
1,956
SQFT
0.15
ACRES

Beautiful 3-bedroom, possible 4-bedroom, 2 1/2-bath home in a convenient central location! This inviting property offers flexible living space to fit your needs--perfect for a growing family, home office, or guest room. Enjoy the added bonus of extra storage in the backyard, ideal for keeping everything organized. The single-car garage provides convenience and functionality, while the welcoming feel of the home makes it easy to settle in and create lasting memories. Move-in ready and waiting for its new family to make it their own!

3
BEDS
3
BATHS
1,600
SQFT
0.15
ACRES

Explore 8112 Princess Jeanne Ave NE, recently refreshed with fresh interior paint and updated features throughout. The kitchen includes all stainless steel appliances, complementing the updated interior. An exterior patio provides an outdoor extension, which connects to a fully fenced in backyard, comes with low maintenance landscaping. This property provides functional updates and established outdoor areas. Included 100-Day Home Warranty with buyer activation

3
BEDS
2
BATHS
1,196
SQFT
0.15
ACRES

Beautiful move-in-ready Westway home in the highly desirable Sage Ranch community! Spacious and well-designed, this home features 2,014sf with 3 bedrooms, 2.5 bathrooms, and an attached 2-car garage. Gorgeous LVT flooring flows seamlessly throughout the main living areas. Stunning kitchen with sleek white cabinetry, quartz countertops, tile backsplash, stainless steel gas range, microwave, refrigerator, pantry, and a large island with seating, perfect for everyday living. Upstairs, the spacious owner's suite offers a private bath with dual sinks, a walk-in shower, and a generous walk-in closet. Two additional guest bedrooms. Enjoy a great backyard that is fully walled and designed for low-maintenance living.

3
BEDS
3
BATHS
2,014
SQFT
0.09
ACRES

Seller is offering to buy down the buyers rate! Ask the listing broker for details! This North Valley property offers something increasingly hard to find; space, flexibility, and opportunity on a .25-acre lot, just moments from the Rio Grande Bosque. This 3 bedroom, 2 bath home spans 2,061 sq ft with multiple living areas and a layout that allows you to live, work, and adapt the space to your needs. Natural light and comfortable living spaces create an inviting everyday environment. A detached 480 sq ft (+/-) structure is ideal for a workshop, studio, or creative space. Covered parking with a 2-car carport. The lot provides room to expand, garden, or simply enjoy the privacy and mature setting the North Valley is known for. A property with options, ready for its next chapter.

3
BEDS
2
BATHS
2,061
SQFT
0.25
ACRES

Welcome to 9225 Mescalero Rd NE in the desirable Northeast Heights. This home has been fully remodeled inside, offering a fresh, modern feel with updated finishes throughout. It features a comfortable layout with plenty of natural light, spacious living areas, a functional kitchen with ample storage, and well sized bedrooms. A second living area provides great flexibility and can be used as a home office, playroom, or additional lounge space. The backyard offers plenty of room to relax or entertain, and both nearby parks are within walking distance.

3
BEDS
2
BATHS
1,744
SQFT
0.15
ACRES

Charming Three Bedroom, Two Bath Home, nestled in the Princess Jeanne Subdivision. Electrical Meter has been upgraded to a two amp service, Hot Water Heater has been replaced, Garage Door Replaced with an Insulated door and a new opener, All lights and fans in the house have been replaced. Great floor-plan. Newer interior paint, Newer windows, great backyard with mature shade trees, and patio. Yard also has large stucco storage shed. Close to shopping and restaurants. Call Ed McGee to schedule a time to tour this beautiful home!

3
BEDS
2
BATHS
1,126
SQFT
0.14
ACRES

Welcome to 6331 Pima Pl NW, a home that exudes charm and comfort. The living room is cozy with a fireplace, leading to a kitchen that boasts an accent backsplash and a functional kitchen island. The primary bedroom is a retreat with a walk-in closet, and the primary bathroom is a sanctuary with double sinks and a jacuzzi tub. Outside, enjoy a covered patio overlooking a fenced-in backyard with a storage shed. The property is surrounded by low maintenance landscaping. The home has been refreshed with fresh interior and exterior paint, a new roof, and partial flooring replacement. This property is a true gem, ready for you to make it your own. Included 100-Day Home Warranty with buyer activation

3
BEDS
2
BATHS
2,254
SQFT
0.17
ACRES

Well-maintained 4-bedroom, 3-bathroom home in a central Albuquerque location with convenient access to shopping, dining, major commuter routes, and Lovelace Women's Hospital.The flexible floor plan includes two primary suites, one with a separate entrance, ideal for multigenerational living, guests, or a private workspace. The kitchen features modern finishes and opens to the main living areas. Wood flooring runs throughout with no carpet.The backyard offers a covered patio for outdoor use. Solar panels will be paid off at closing, providing energy efficiency with no added loan.Functional, well-located, and easy to live in.

4
BEDS
3
BATHS
1,649
SQFT
0.15
ACRES
$370,000
-10,000$ 07/03

Charming 5br 2ba home conveniently located in the highly desired Uptown area! Features include: two living areas, fireplace, formal dining/bonus room, Newer roof (2025), fresh paint, laminate flooring, and kitchen counters(2026) and more! Conveniently located near shopping, dining, and entertainment venues. Don't miss your chance to own this incredible home-schedule your private showing today! Seller is very motivated to make a deal!

5
BEDS
2
BATHS
2,178
SQFT
0.19
ACRES

3336 Betts Dr NE has been updated with fresh interior paint, creating a refreshed living environment. The layout includes a comfortable fireplace and a kitchen equipped with an accent backsplash and a functional center island. Exterior features a covered patio that extends to a fenced in backyard, completing the outdoor space. This property provides a range of practical features and recent improvements. Included 100-Day Home Warranty with buyer activation

3
BEDS
2
BATHS
1,496
SQFT
0.14
ACRES
$310,000
-20,000$ 06/29

Welcome to 412 Harvard Blvd SE! This versatile property features a 3-bedroom, 2-bath main house plus a detached 1-bedroom, 1-bath casita with a tenant already in place, providing immediate investment income. The property is fully fenced, with the casita enjoying its own separate fenced area for added privacy. Ideally located less than 10 minutes from UNM Hospital and just 3 minutes(0.6 acre) to the UNM main campus, this home offers flexibility--live in the main house while collecting monthly income, or rent out both units as a fantastic investment. Don't miss this incredible opportunity!

2
BEDS
2
BATHS
1,460
SQFT
0.16
ACRES

Opportunity Knocks in a Highly Desirable Neighborhood!This 4-bedroom, 2.5-bath home offers incredible potential for buyers looking to create their dream space or invest in a prime location. Featuring a spacious floor plan with generous living areas, this property is ready for your vision and updates.Perfect for investors, flippers, or buyers seeking a project, this handyman special provides a rare chance to build equity in a sought-after neighborhood.Conveniently located near schools, shopping, dining, and major amenities.Property is being sold AS-IS. Seller will make no repairs. Title with Christina Blair Fidelity National Title.

4
BEDS
3
BATHS
2,392
SQFT
0.19
ACRES

Cute, quiet, secluded north valley home. Close to the Rio Grande and Bachechi open space and the Bosque trail. Newly updated 3 bedroom 1 3/4 bath. Metal roof, forced air furnace and refrigerated air. Newer Pex piping. Huge walk-in master closet and walk-in tile surround shower.

3
BEDS
2
BATHS
1,467
SQFT
0.26
ACRES

Welcome to desirable Anasazi Ridge, where comfort and convenience meet. This well-maintained 3-bedroom, 2-bathroom home features a durable tile roof and refrigerated cooling for year-round comfort. The functional floor plan offers inviting living spaces perfect for everyday living or entertaining. Ideally located near parks, shopping, and dining, this home provides a great opportunity to enjoy one of the area's sought-after communities.

3
BEDS
2
BATHS
1,412
SQFT
0.12
ACRES

Builder offers AMAZING financing terms with our in house lender, DHI Mortgage, & $5,000 toward closing costs (Offer could expire/change or go away at any given time without notice)Come see our beautiful Sierra floor plan. Brand new beautifully landscaped gated community with forever views. You will enjoy the walking trails, gathering areas and community gardens. This home features a beautiful kitchen with granite stone countertops, dark cabinets and a light grey tile through the dining area that leads to a large covered patio and walled back yard. Large 5ft walk in shower in primary bedroom and double sinks make mornings easier!

3
BEDS
2
BATHS
1,519
SQFT
0.1
ACRES

PRICE IMPROVEMENT!!! MOTIVATED SELLER & PRICED TO SELL!Move in ready and packed with space, this beautiful two-story home is one you won't want to miss! Featuring soaring ceilings, tile flooring, multiple living and dining areas, and a spacious kitchen with abundant cabinetry, generous counter space, and bar seating, this home was designed for comfortable living and effortless entertaining. With 4 bedrooms, 3 bathrooms, and over 2,500 square feet, there's plenty of room for everyone. Located in Southwest Albuquerque, you'll enjoy convenient access to shopping, dining, parks, and more.

4
BEDS
3
BATHS
2,552
SQFT
0.11
ACRES

Charming Northern New Mexico style home in Albuquerque's desirable North Valley. This 3-bed, 2-bath home offers updated LVP flooring thru out, fresh interior paint, & abundant natural light. The kitchen features updated countertops, stainless steel sink, & custom tile backsplash, opening to the dining & living areas for a functional layout. Spacious primary suite incl ceiling fan, dbl closets, & full bath w/updated vanity, quartz countertop, & upgraded fixtures. Secondary bedrooms are generously sized w/ceiling fans. Updated full hall bath. Additional features include central forced-air gas heat, metal thermal dbl-pane windows, pitched metal roof, & low-maintenance xeriscaped front yard. Backyard offers expanded patio w/additional space extending to a second rear block wall.

3
BEDS
2
BATHS
1,419
SQFT
0.19
ACRES

Urban Living at its finest in this hip, modern condo set within a beautifully restored historic bank building. Thoughtfully updated throughout, this stylish unit blends industrial character with contemporary design. Enjoy seamless access with the unit located on the same floor as the parking garage, plus added security with a doorman Mon-Fri. Grab your morning coffee just downstairs, then unwind on your private deck, with both mountain and city views. The versatile upstairs loft offers the perfect space for a home office, gym, or a second living area. Bonus: seller is open to owner financing or paying the buyer's HOA fees for TWO years -- an incredible opportunity to own in the heart of downtown.

1
BEDS
2
BATHS
1,498
SQFT
$319,900
-10,000$ 06/29

Charming, centrally located UNM area home. Great floor-plan with auxiliary studio/guest room with a 3/4 bath, hardwood floors, updated windows & plumbing, fresh paint throughout. Cool, architectural style skylights let in lots of natural light! Wonderful, private backyard with raised block walls.

3
BEDS
3
BATHS
1,356
SQFT
0.18
ACRES
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

Southwest MLS Logo Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.