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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 342 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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Lovely Campa Custom Built Home located in a nice quiet neighbor hood. All brick veneer includes high ceilings, with a Chefs delight Kitchen. Plentiful cabinet and counter tops. Open living room /dining room concept with a cozy warm fireplace. Large 3 bedroom 2 baths. Newer heating and refrigerated cooling system. Venetian plaster finished in the entry way !! Spacious Backyard with side access. Easy access to anywhere.

3
BEDS
3
BATHS
1,625
SQFT
0.16
ACRES

*Captivating 1930s Art Deco Pueblo Home with Endless Opportunities* Step into timeless charm with this beautifully updated 1930s Art Deco Pueblo home, perfectly located near Nob Hill, UNM, top-rated restaurants, shopping, and major hospitals. From the moment you enter, the stunning natural light illuminates gorgeous original hardwood floors, creating a warm and inviting atmosphere. This historic gem seamlessly blends vintage appeal with modern updates. Enjoy the iconic Art Deco facade, built-ins, and classic vintage tile work in the bathroom, updated lighting fixtures, and newer Saltillo tile in the kitchen for a stylish and practical touch. The back yard is a private oasis featuring a covered, Trex wood deck, and hot tub perfect for entertaining. There is convenient front off-street

2
BEDS
1
BATHS
998
SQFT
0.16
ACRES
$319,000
-1,000$ 04/03

Don't miss out on this one! Amazing newly remodeled home. Fully fenced creating private and enjoyable outdoor spaces! House offers 2 bedrooms with a possible 3rd bedroom and it has an office! Flexible floorplan depending on your needs. Two remodeled bathrooms! Large walk-in closets plus a walk-in pantry with tons of storage! New kitchen cabinets with Quartz countertops! New HVAC, doors, windows, synthetic stucco, lights, plumbing fixtures, water heater, paint and carpet!! Front yard is totally fenced in. Large covered porch to sit under and enjoy the outdoors. Easy access to I-25 and I-40.

2
BEDS
2
BATHS
1,637
SQFT
0.1
ACRES

The Martini Floor Plan by Westway Homes is an exquisite 2,029 square foot residence designed for functionality. This great home features 3 spacious bedrooms, 2.5 baths, and a versatile upstairs loft, perfect for a home office or a cozy retreat. The kitchen is outfitted with high-end stainless GE appliances and Granite countertops provide ample workspace, that make meal prep a delight. While the Luxury Vinyl Tile flooring combines style with durability, making your home both beautiful and practical. With up to $20,000 in FLEX CASH available, this is an opportunity you won't want to miss! Don't just buy a house--invest in a lifestyle. Experience contemporary living at its finest!

3
BEDS
3
BATHS
2,029
SQFT
0.08
ACRES

The Martini Floor Plan by Westway Homes is an exquisite 2,029 square foot residence designed for functionality. This great home features 3 spacious bedrooms, 2.5 baths, and a versatile upstairs loft, perfect for a home office or a cozy retreat. The kitchen is outfitted with high-end stainless GE appliances and Dekton countertops provide ample workspace, that make meal prep a delight. While the Luxury Vinyl Tile flooring combines style with durability, making your home both beautiful and practical. With up to $20,000 in FLEX CASH available, this is an opportunity you won't want to miss! Don't just buy a house--invest in a lifestyle. Experience contemporary living at its finest!

3
BEDS
3
BATHS
2,029
SQFT
0.08
ACRES

This thoughtfully designed custom residence has been updated with a newer roof and fresh interior paint. Ideally located just minutes from charming local cafes, dining options, and quick I-40 access, you'll appreciate the easy lifestyle of North Valley and Old Town proximity. Inside, the open kitchen seamlessly connects to a spacious great room accented by a warm corner gas fireplace. Recent improvements include a new microwave, new dishwasher, and a new boiler to support efficient radiant heating. Each bedroom features a ceiling fan, and the private primary suite boasts its own balcony, dual sinks, and a roomy walk-in closet. The low-maintenance backyard enhances effortless outdoor enjoyment. This home delivers comfort, quality, & location--schedule your tour today & make it yours! No HOA

3
BEDS
3
BATHS
1,774
SQFT
0.08
ACRES

Just Like New Beautiful, Comfortable Open Floor Plan with Lots of Amenities, Granite Countertops, Gated Community, Park near by, Close to Shopping and easy access to Main Roads, Ready for the new Buyer! Open today 11/22/2025 1 to 4.

4
BEDS
3
BATHS
1,632
SQFT
0.1
ACRES

The property has a front house ,990 ft2. The front house has 3 br and one full bath. It also has a partial basement with clothes washer and dryer hookups. Both gas and electric for dryer. There is a garage apartment behind the house ( 600 ft2) . Both units have central gas fired furnaces. Both have evaporative cooling.

4
BEDS
2
BATHS
1,600
SQFT
0.1
ACRES

Welcome to 4119 Inca St NE! This spacious home offers two living areas, including a cozy bonus room with a fireplace. The open kitchen flows into the dining area and main living room, perfect for everyday living and entertaining. The attached garage includes a convenient storage room. Enjoy the large covered patio surrounded by mature trees and established landscaping, creating a peaceful retreat that's ideal for relaxing or hosting friends!

4
BEDS
2
BATHS
1,921
SQFT
0.18
ACRES

Set in the highly desirable Taylor Ranch neighborhood, this 4-bedroom, 2-bath home perfectly blends modern comfort with resort-style living. Step inside to find an updated kitchen, stylish new flooring, and beautifully refreshed bathrooms -- move-in ready and designed for today's lifestyle. But the real showstopper is the backyard oasis. Centered around a sparkling pool, this outdoor retreat features a covered patio, cabana setup, and plenty of room to relax or entertain. Ideal for warm summer days and evening gatherings alike. Just steps away, you'll find a nearby park for morning walks or playtime. Don't miss your chance to own this rare Taylor Ranch gem -- where every day feels like a vacation at home!

4
BEDS
2
BATHS
1,950
SQFT
0.15
ACRES

Bright and modern 3-bedroom, 2.5-bath townhome in the desirable NE Heights. Built by renowned local builder Scott Ashcraft and Green Certified for energy efficiency, this home offers thoughtful design and comfortable living. The open floor plan features vaulted ceilings and a gourmet kitchen with granite countertops and stainless steel appliances. The spacious primary suite includes dual vanities and a walk-in closet, while two additional bedrooms share a full bath upstairs. Enjoy a private patio, two-car garage, and a low-maintenance yard. Conveniently located near shopping, dining, schools, and nearby trails.

3
BEDS
3
BATHS
1,541
SQFT
0.04
ACRES

Welcome to 10039 Vista Cantera Lane! This move-in ready home is not only functional in many aspects but a charmer! This light & bright floorplan features three beds, an office, two master suites, and a loft. Enjoy beautiful views from the walkout balcony. Refrigerated air, gas fireplace and easy to maintain backyard. Do not miss your chance to call this home. Schedule your showing!

3
BEDS
3
BATHS
1,818
SQFT
0.1
ACRES

Located in the Country Meadows subdivision of Ventana Ranch, this single story, 3BR, 2BA home offers 1,400 sq. ft. of comfortable living space and a 2-car garage. The spacious great room features vaulted ceilings and flows seamlessly into the kitchen, complete with a breakfast nook, island, bar seating, and stainless steel appliances--including the refrigerator. The primary suite offers a large walk-in closet, open vanity area and double sinks. Enjoy the beautiful, low-maintenance backyard featuring a putting green, turf, and a covered patio--perfect for relaxing or entertaining. Additional highlights include solar panels, refrigerated AC with smart thermostat and access to community amenities such as a pool and walking trails. Welcome home! Seller will consider owner financing.

3
BEDS
2
BATHS
1,400
SQFT
0.1
ACRES

Spacious and functional, this two-story home features 5 bedrooms, 3 bathrooms, and a 2-car garage. Inside, you'll find a practical layout with a mix of carpet, tile, and vinyl flooring, ceiling fans, and a fireplace in the main living area. The kitchen is equipped with granite countertops, modern appliances, and plenty of storage. The primary suite includes a private bath with double sinks and a walk-in closet. The home also includes a separate laundry room for added convenience. A generous walled backyard offers both privacy and versatility for outdoor use. Conveniently located near I-40, shopping, and dining, this home combines comfortable living with easy access to everyday amenities. Great investment opportunity! Call for details!

5
BEDS
3
BATHS
2,549
SQFT
0.11
ACRES
$375,000
-10,000$ 03/06

Great Parkland Hills area location. Updated Kitchen with Granite Counters, newer cabinets, Stainless Steel Appliances(Freestanding Range; Microwave, Dishwasher and Fridge). Stainless Steel Sink and Faucet. Updated Light Fixtures and Ceiling Fans. Updated Thermal Windows. Updated Guest Bath with newer vanity, sink, low flow toilet, mirror and subway tile in full bath. Primary Bedroom with Walkin Closet(skylight in closet) and Updated 3/4 Bath. 3/4 Primary bath is updated with subway tile in shower, low flow toilet, newer vanity, sink, light fixture and faucet. Refrigerated Air! Carport and 1 Car Garage. Convenient access to Nob Hill, Kirtland AFB, Sandia Labs, UNM, CNM, Hospitals, Shopping, Restaurants, Parks and more.

3
BEDS
2
BATHS
1,305
SQFT
0.16
ACRES

Welcome to this inviting 3-bedroom home featuring a sparkling pool, perfect for warm New Mexico days. The open layout includes tile flooring in the kitchen and family room, combining style and easy maintenance. A separate laundry room adds convenience, while leased solar panels help keep energy costs low. Giving you a ton of savings. The kitchen offers plenty of space for cooking and gathering, flowing seamlessly into the family room for everyday living and entertaining. Step outside to the covered patio, an ideal spot to relax or host friends while enjoying views of the pool. With comfortable living spaces, practical upgrades, and a backyard designed for fun and relaxation, this home is move-in ready and waiting for its next owner.

3
BEDS
2
BATHS
2,243
SQFT
0.19
ACRES

NEW PRICE $314,700. PRICED TO SELL. Welcome to 5017 Inspiration Dr SE, a 3 bedroom, 2 bathroom home in Parkland Hills. With 1,352 sq ft on a 6,098 sq ft lot, the plan flows from living to dining to kitchen. Double pane windows help keep interiors quiet and a newer evaporative cooler adds summer comfort. Sunroom 10' x 17' is enclosed and not in the listed square footage, ideal for coffee, office, workouts, or play. Hall bedroom has built in bookshelves. Mature trees add shade, the backyard invites relaxing or gardening, and an attached one car garage adds convenience. No HOA and a quiet, established setting with quick access to shopping and dining. Near Kirtland AFB, UNM, hospitals, parks, and transit.

3
BEDS
2
BATHS
1,352
SQFT
0.14
ACRES
$400,000
-28,800$ 02/26

Stunning sunlit townhouse located in the heart of lively Nob Hill neighborhood. This home features 3 beds, 3 baths, in a two story with balcony access both sides. Home has many spacious features such as walk in closets in every room, pantry, Office room and dinning room open to the living room, along with freshly done tile in the downstairs and brand new carpet. Beautiful home with close access to Nob Hills restaurants, shops, and other amenities.

3
BEDS
3
BATHS
2,008
SQFT
0.07
ACRES

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!

3
BEDS
2
BATHS
1,460
SQFT
0.16
ACRES

$10k for buyer's closing costs! This wonderful home offers 4 bedrooms (possible 5) and 2 bathrooms. The home's design is very thoughtful providing a great layout to spend time and build unforgettable memories with your loved ones. Enjoy the natural lighting the open atrium offers; plant lovers welcome! The back patio is perfect and inviting to spend endless hours entertaining, relaxing or simply enjoying the fresh air and tranquility of the area.Located in a desirable neighborhood, this home provides easy access to shopping centers, schools, restaurants, parks, main roads and all main amenities.Did I mention a new TPO roof was recently installed?This will provide its new owners peace of mind for years to come! Don't miss the opportunity to make this your home and schedule a showing today.

4
BEDS
2
BATHS
1,911
SQFT
0.16
ACRES

Come & see this amazing townhome is a the desirable Villas! As you enter you home you are greeted with a open floor concept large living room, with plenty of natural light, great sized kitchen with bar top, large pantry, ample amount of counter space and cabinet storage! Powder room and your 2 car garage completes your main floor. As you head yup stairs you walk into your loft that can double as a 2nd living room, office and or can be turned into a third bedroom. Your primary suite is oversized with wonder unobstructed views of the majestic Sandia Mountains, large primary bathroom With garden tub, and walk in closet! Your laundry room is upstairs and secondary bedroom and full bathroom are around the corner! Private patio, community pool & parks, tankless WH, new carpet & countertops!

2
BEDS
3
BATHS
1,770
SQFT
0.02
ACRES

If you are searching for a two story home on the Westside of Albuquerque in a central location between I 40 and Paseo Del Norte, close to St. Pius High School, grocery stores, and restaurants, this home fits your criteria.You get 3 bedrooms, 2.5 bathrooms, and a 2 car garage. The layout feels open from the moment you walk in. Cathedral ceilings bring in natural light and make the main living area feel spacious. The great room includes a fireplace and connects directly to the kitchen, which features stainless steel appliances, solid counter space, and updated lighting. It works well for daily living and hosting friends.Upstairs, your primary suite gives you privacy. There is a jetted tub for relaxing at the end of the day and a private balcony with mountain views.

3
BEDS
3
BATHS
1,683
SQFT
0.11
ACRES

Don't Wait! Schedule your showing now before this 2,400 square foot North Valley charmer becomes the main character in someone else's dream life. Recently remodeled and boasting 3 bedrooms, 3 bathrooms, multiple living areas, nook, and a new refrigerated air and heating unit! But wait...There's more! A wonderful covered carport extending the length of the house and opening up to your very own backyard oasis. Seriously, this back yard is HUGE! Perfect for the car or weekend enthusiast who needs room for multiple vehicles and sports toys. Wow!

3
BEDS
3
BATHS
2,401
SQFT
0.18
ACRES

Where Home Meets Opportunity in Nob Hill. This unique MX-L zoned property blends residential warmth with professional flexibility, perfect for anyone seeking a seamless live-work lifestyle. With a versatile floorplan, this property is ready to inspire your next chapter, whether it's wellness, design, tech, or something entirely your own.Enjoy modern comforts like refrigerated air, updated windows, and upgraded plumbing. Just a stroll away from UNM and the heart of Nob Hill, this property isn't just a place to live, it's a place to thrive.

2
BEDS
2
BATHS
1,290
SQFT
0.15
ACRES

Great end unit townhome, Home has 3 bedrooms, 2.5 baths, 2 car garage. Home has a big family room upstairs, 20 x 10. this can be a the 4th bedroom. close to shopping. Living room and kitchen area are 28 x 18 together.come and take a look, make this home yours.

3
BEDS
3
BATHS
2,007
SQFT
0.07
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.