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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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Seller offering $2,000 credit for flooring!! Discover the comfort of this lovely home in Ventana Ranch! With three bedrooms plus a versatile flex space that can easily become an office or a fourth bedroom, this residence is designed for modern living. Located in a peaceful gated community, you'll appreciate the serene surroundings. Step inside to find tongue and groove ceilings that add a unique touch and a cozy gas fireplace perfect for relaxing evenings. Each of the upstairs bedrooms has its own sink and vanity, sharing a convenient Jack & Jill bathroom. Don't forget the loft area, which can be used for play or study. Outside, the easy-to-maintain backyard offers a great space for gatherings or quiet moments. Come check it out!

3
BEDS
3
BATHS
1,909
SQFT
0.1
ACRES

LOTS OF ROOM HERE! This home features 3-4 Bedrooms and has 2 Master Bedrooms one on main floor a Big Plus. With a flowing open floorplan Great for entertaining! Second story features a very large over sized Master bedroom with large jetted tub, his & hers sinks and closet that looks like another bedroom OMG! IF YOU HAVE A LARGER FAMILY YOU MUST MAKE AN APPOINTMENT TODAY!!

3
BEDS
4
BATHS
3,200
SQFT
0.14
ACRES

Enjoy the feel of a quieter setting while staying close to everyday conveniences. Located near the end of a quiet street, this home features vaulted ceilings, a gas fireplace, mountain views, and a private patio directly off the primary bedroom.The kitchen offers granite countertops, stainless steel appliances, and plenty of cabinet space, while the covered backyard patio creates an inviting spot to enjoy New Mexico's beautiful weather. The primary suite includes dual sinks, a walk-in closet, and private outdoor access, creating a comfortable retreat at the end of the day.Call for a showing today!

3
BEDS
2
BATHS
1,694
SQFT
0.12
ACRES

Fall in love with this stunning Southwest Albuquerque NewMexico beauty! This 3 bed, 2 bath home shines with pride of ownership, soaring ceilings, skylights, granite countertops & gorgeous flooring throughout. Enjoy an open, airy layout, 2-car garage, solar panels, and a lush backyard oasis with blooming flowers & relaxing patio--just minutes from shopping & schools.

3
BEDS
2
BATHS
1,809
SQFT
0.12
ACRES
$375,000
-10,000$ 06/22

Beautifully updated 3 bed, 2 bath two-story townhome in a prime NE Heights location with easy access to Wyoming and Paseo Del Norte! Enjoy nearby shopping, dining, entertainment, and close proximity to the Sandia Mountains. This spacious home offers approx. 2,030 sqft with stylish updates, refrigerated air, a cozy kiva fireplace, solid maple cabinetry, and new appliances. The custom-designed water feature adds a truly unique touch. The land is owned and the HOA covers water and trash and includes community amenities such as a pool, tennis court, and basketball court. Rare comfort, convenience, and character all in one! Lender paid rate buy down available!

3
BEDS
3
BATHS
2,030
SQFT
0.09
ACRES

Beautifully maintained home in the desirable Santa Barbara subdivision! This versatile floor plan features 2 oversized bedrooms and 2 bathrooms, with both bedrooms offering direct bathroom access for added comfort and convenience. A spacious second living area provides flexibility for a possible 3rd bedroom, hobby room, office, or guest space. Enjoy the rare benefit of owned land -- not a leased lot! The HOA offers exceptional amenities including front landscape maintenance, community pool, clubhouse, basketball courts, and tennis courts for easy, low-maintenance living. Then go outside to a private backyard retreat with mature trees, a covered patio, and possible backyard access. Conveniently located near shopping, dining, parks, and everyday amenities in the heart of Albuquerque's NAA

2
BEDS
2
BATHS
1,378
SQFT
0.19
ACRES

Welcome to this Spacious and very charming home that features 3 bedrooms, 2 bathrooms, offers the perfect blend of comfort and functionality with TWO living areas, refrigerated air, and plenty of space to make your own.

3
BEDS
3
BATHS
2,325
SQFT
0.12
ACRES

Upgraded house on a cul-de-sac. Solid oak cabinet faces, tile floors on ground floor, upstairs bathroomsSealed burner gas rangeMicrowave/exhaust hood, vented to the outside, new 2020Multi-level dishwasher new in 2021Large pantryPull-out faucet with sprayTwo living spaces, living room ground floor, loft on second floorGas fireplace in Living RoomWhirlpool tub in MBath, tile shower wallsLarge walk-in closet in primary BRLarge closets in other BedroomsSix ceiling fansUpgraded electrical, 20A receptacles throughoutWorking alarm systemUpgraded HVAC system, rigid steel ducts, furnace/A/C new in 2021Water Heater replaced in 2024Insulated, finished & painted drywall in garageGarage door openerLarge covered patio

4
BEDS
3
BATHS
2,084
SQFT
0.09
ACRES

Beautiful home 4 bedroom 2 bathroom, in the heart of the South Valley. many recently upgrades remolded kitchen, flooring and bathrooms . HUGE den and covered patio perfect for your family gathering.

3
BEDS
2
BATHS
1,956
SQFT
0.15
ACRES

Move-in ready townhouse on Albuquerque's desirable West Side featuring a beautifully landscaped backyard perfect for relaxing or entertaining. This well-maintained home offers an open floor plan, abundant natural light, spacious bedrooms, and modern finishes throughout. The kitchen includes ample cabinet space and flows seamlessly into the living and dining areas. Enjoy low-maintenance living with easy access to shopping, dining, parks, and major commuter routes. The private backyard oasis includes mature landscaping, patio space, and room to entertain. A perfect blend of comfort, convenience, and charm.

3
BEDS
3
BATHS
1,594
SQFT
0.09
ACRES

Beautifully maintained 3-bedroom, 2-bath home offering 1,354sq ft in a desirable Northwest Albuquerque location. This move-in ready home features a bright and spacious open floor plan with vaulted ceilings, seamlessly connecting the kitchen and living room to create the perfect space for entertaining and everyday living. Recent upgrades include new refrigerated air installed in 2025, refreshed front and backyard landscaping, updated outdoor lighting, and a beautifully maintained backyard with new grass and automatic irrigation systems. Pride of ownership shines throughout this charming home.

3
BEDS
2
BATHS
1,354
SQFT
0.13
ACRES

This well maintained home is move in ready and is a must see! The open floor plan leads to the outdoor space which is great for entertaining and fully landscaped. This Paul Allen home is Green/energy efficient including Energy Star appliances and a tankless water heater.

3
BEDS
2
BATHS
1,409
SQFT
0.13
ACRES

Imagine 8804 Pony Express Trl NE, a residence designed for comfort and everyday practicality, featuring a recent partial flooring replacement. The living area includes a cozy fireplace, while the kitchen is equipped with stainless steel appliances, enhancing functionality. The primary bedroom contains a convenient walk in closet for ample storage. Outside, a covered patio provides outdoor living space, complementing the fenced in backyard and a useful storage shed. Experience comfort and updated living; this property provides practical elegance. Included 100-Day Home Warranty with buyer activation

3
BEDS
2
BATHS
1,626
SQFT
0.22
ACRES

Beautiful LGI Home located in the highly sought-after Volterra community featuring 4 bedrooms, 3 bathrooms, and a 2-car garage, this spacious townhome offers refrigerated air, ceiling fans, and a stylish blend of tile and carpet flooring throughout. The kitchen is highlighted by granite countertops and included appliances, opening to a well-designed living area that's perfect for both daily living and entertaining. The primary suite provides a relaxing retreat with a walk-in closet, an ensuite bath complete with a double sink vanity, and a private balcony for added comfort and outdoor enjoyment. Ideally situated near shopping, dining, and parks, this home delivers modern comfort in a convenient and desirable location.

4
BEDS
3
BATHS
2,003
SQFT
0.05
ACRES

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

*$5K credit towards buyer's closing costs*Downtown living complete with Historical charm and class touched up with modern updates. Be next to the heart of everything that's cool about Albuquerque. Civic Plaza, Old Town, The Zoo/Aquarium, and tons of restaurants and entertainment. This house features granite countertops in the kitchen, lots of cabinets and pantry. The bathrooms have been updated, and the flooring has been updated. Lots of windows for natural light. Upstairs features a loft/bedroom with tons of storage or Harry Potter rooms, which ever your imagination prefers. Come see this home in the vibrant part of the city!

3
BEDS
2
BATHS
1,978
SQFT
0.06
ACRES
$399,999
-14,001$ 06/29

Welcome home to the space, comfort, and flexibility you have been searching for in this gated community home located at Los Diamantes Community. This home features 4 Bedrooms + Office (or 5th Bedroom), 2.5 Bathrooms, 2-Car Garage, 2,451 Sq Ft, Landscaped Front & Backyard, and Move-In Ready. Recent updates include newer tile flooring, laminate wood stairs, updated light fixtures, and a front security screen door. Enjoy a landscaped backyard perfect for relaxing or gathering with family and friends. It is conveniently located near schools, shopping, dining and more. Rarely do homes offer this much space, flexibility, and value at this price. Schedule your private showing today before someone else calls it home.

4
BEDS
3
BATHS
2,454
SQFT
0.11
ACRES

Experience the enduring value of a Mossman-built home. Renowned for superior craftsmanship & ''good bones,'' they are celebrated for quality that lasts, providing a solid foundation for your family's next chapter. Enjoy mountain views from the porch & original hardwood floors in lovely condition. This home beautifully preserves its mid-century charm with authentic retro kitchen features, including built-in oven & push-button cooktop. The 2017 roof is under warranty & a ramped entry ensures easy access. A separate family room w/wood-burning fireplace is the perfect teen hub or dad-den. The recently remodeled hall bath blends modern luxury with chic retro charm. The oversized garage & lush, walled-in backyard with a pond, garden & fruit trees make this a rare find. Schedule your tour today!

3
BEDS
2
BATHS
1,927
SQFT
0.2
ACRES

Open House, Sunday, May 31st 12-3. Welcome to your relaxing home in the heart of the UNM/CNM area! Built in 2006, this delightful townhouse is full of surprises, featuring high ceilings which feels like a spacious retreat. Freshly updated with new carpet, appliances, and paint in 2026, this gem is a perfect blend of comfort and style. Upstairs, you'll find not only a convenient laundry area but also three cozy bedrooms, each boasting walk-in closets to accommodate all your treasures. The loft area promises endless possibilities! With a two-car garage, a pantry for all your culinary adventures, & an open great room which flows effortlessly into the kitchen & dining space; practicality meets entertainment. Complete with refrigerated air & a low-maintenance southwest landscaping

3
BEDS
3
BATHS
1,897
SQFT
0.07
ACRES

Nestled on a quiet street in historic Wells Park, this beautifully updated home offers charm and convenience. Enjoy walkable access to local restaurants, breweries, museums, Tiguex Park, Sawmill Market, and Old Town while still enjoying a peaceful residential setting. Inside, you'll find 3 spacious bedrooms and 2 updated bathrooms, complemented by abundant natural light and modern finishes throughout. Step outside to a large covered patio ideal for entertaining, relaxing, or enjoying New Mexico's beautiful weather. The expansive backyard offers endless possibilities for gardening, or future customization. A generous carport provides ample parking, while the gated front entry adds privacy and curb appeal.

3
BEDS
2
BATHS
1,328
SQFT
0.16
ACRES

PRICE REDUCTION! Lovely, well cared for home. Xeriscape front yard. This also includes 3 storage sheds. South shed: 8'x10', north shed: 12'x16' and plastic shed behind north shed 5'x6'. Double carport. Remodeled kitchen with granite countertops and stainless steel appliances. All appliances staying including stackable washer and dryer, as well as an extra refrigerator in the pantry. Backyard has a nice remote controlled retractable awning.

3
BEDS
2
BATHS
1,724
SQFT
0.14
ACRES

***Seller offering $3,500 concession to Buyer at close.***Discover comfort, space, and exceptional value in this thoughtfully designed Southwest Albuquerque residence. Located in the desirable Sun Gate community of Southwest Albuquerque, this expansive 4-bedroom, 3-bathroom residence offers 2,575 square feet of thoughtfully designed living space, blending comfort, versatility, and timeless appeal.A distinctive double parlor layout creates a refined yet flexible living experience, featuring both a formal dining area and a separate den--ideal for entertaining, remote work, or quiet relaxation. The home's generous living spaces are filled with natural light, offering an effortless flow that enhances everyday living.

4
BEDS
3
BATHS
2,575
SQFT
0.11
ACRES

Stop the car honey, this is the one! Beautiful move in ready townhouse in a highly desirable Northeast Albuquerque location. This well maintained home offers 1,501 square feet with 2 spacious bedrooms plus an office or bonus room perfect for working from home, hobbies, or guests. Numerous recent upgrades include a newer TPO roof, water heater, stove, and heater for peace of mind. The interior shines with fresh paint, stunning quartz countertops, updated plumbing fixtures, and modern light fixtures, new dishwasher and garbage disposal. Enjoy the cozy wood burning fireplace, cute private courtyard, and flexible floorplan. Home is in excellent condition and ready for its new owner!

2
BEDS
2
BATHS
1,501
SQFT
0.08
ACRES

Beautifully designed 3/2 home offering 1628 of comfortable living space in a desirable community with a pool! this home features an open-concept layout, spacious living area, and upgraded color package that adds a modern and elegant touch throughout. The kitchen opens seamlessly t the dining and living area, making it perfect for entertaining and everyday living. Enjoy spacious bedroom, a thoughtfully designed floor plan, and all the benefits of living in a growing community with great amenities. Schedule your showing today.

3
BEDS
2
BATHS
1,628
SQFT
0.11
ACRES

Builder offers AMAZING FINANCING TERMS with 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
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.