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Homes Under $500K in Albuquerque

Search homes under $500,000 in Albuquerque, New Mexico. This price range opens up move-in ready options across a wide variety of neighborhoods, styles, and sizes.

Showing 185 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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BACK ON MARKET! BUYER FINANCING FELL THROUGH. NOW IS YOUR OPPORTUNITY & SELLER IS OFFERING $5,500 TOWARDS BUYER CLOSING COSTS WITH ACCEPTABLE OFFER! This immaculate & newer home was built 2024 & is very lightly lived in. You get the look & feel of new construction w/out the wait! Bright & open flrplan, formal DR, chef's kitchen w/stainless steel appl, island w/pendant lighting, gas cooktop, quartz counters & tile backsplash. Energy Efficient & Certified Build Green NM Silver w/Low-E windows, tankless hot water heater, low flow toilets, & more. Smart home technology, WIFI garage door, EV charging station, modern gas log FP, wired for ceilings fans & alarm, carpet only in bdrms, nicely xeriscaped front & lg paver patio in back. The perfect blend of modern design & comfort and ready to go!

4
BEDS
2
BATHS
2,140
SQFT
0.13
ACRES

An unbelievable opportunity to own a slice of art history! Note worthy artist Lilly Fenichel's former residence featuring a mind blowing studio space that must be seen to be appreciated. The studio is truly one of a kind and is perfect for painting, sculpture, woodwork, music, or just an amazing guest space, really one of a kind! Other noteworthy features are complete Kitchen and bath remodels (nice) ,master cool new in 2023, an amazing, super private, cobblestone backyard w fire pit, lush front yard w auto drip, giant trees in the back, 3 separate yards which is rare and really nice to have, one of them with a cute greenhouse! A fantastic location only a very short distance to downtown, oldtown, the river and all the services and amenities of the Rio Grande corridor. Thanks for looking!!!

2
BEDS
1
BATHS
2,150
SQFT
0.16
ACRES

Stunning newly updated home in a highly desirable location, offering breathtaking mountain and sparkling city light views. This beautifully refreshed property features a modern kitchen with updated cabinets, granite countertops and stainless-steel appliances, perfect for both everyday living and entertaining. Enjoy the outdoors from three separate outdoor living areas, ideal for relaxing or hosting guests while taking in the scenery. Inside, an abundance of natural light fills the open floor plan, complemented by all solid surface flooring for a clean, modern look and easy maintenance. The oversized living area features a cozy fireplace and additional space suited for a home office, reading nook or flex area. Ideally located close to amenities, shopping, dining, and outdoor activities.

2
BEDS
2
BATHS
1,814
SQFT
0.07
ACRES

Delightful Mid Century Uptown home! FABULOUS updated kitchen with honed quartz counters, new cabinets with pot drawers and pullouts, gas stove, pantry with pullouts and coffee station. Luxury Vinyl Plank flooring. Great flow with large, bright living room, den with fireplace that current owner has used as a guest room, generous bedrooms and good storage. Peaceful primary in rear of home with multiple closets.Vintage primary bath with vanity and updated shower. Seller replaced windows with thermal, replaced furnace and A/C in 2021, replaced roof and added insulation. Painted garage and mud room floors. Covered patio. Convenient Uptown location near Jerry Cline Park with playground and tennis courts & .7 mile walking trail , new Winrock park, Target and Trader Joes. Such a fun home!!

2
BEDS
3
BATHS
2,177
SQFT
0.21
ACRES

Charming 3-bedroom, 2-bath home featuring a bright, open layout and functional design. The kitchen offers ample cabinet space, a large island with double sink, and seamless flow into the living and dining areas--perfect for everyday living and entertaining. Natural light fills the home, highlighting the warm wood cabinetry and clean finishes throughout. Spacious bedrooms provide comfort and flexibility, while the recently remodeled bathrooms add a fresh, modern touch. Enjoy indoor-outdoor living with views of mature landscaping just off the main living space. A great opportunity for comfortable living in a well-maintained home!

3
BEDS
2
BATHS
2,048
SQFT
0.19
ACRES

Welcome to 2221 Frederick Pl NE, a charming 3-bedroom, 2-bath home with thoughtful updates throughout! Beautifully maintained hardwood flooring! New Kitchen with stainless steel appliances, custom cabinets, & more! Freshly painted! Two living areas! One with concrete flooring and double doors. Great backyard to make your own oasis! The modern kitchen includes a convenient passthrough to the living area, creating a functional layout perfect for everyday living and entertaining. Spacious bedrooms and well-appointed bathrooms provide comfort and flexibility. Move-in ready and located in an established neighborhood with easy access to shopping, dining, and more--this home is a must-see!

3
BEDS
2
BATHS
1,436
SQFT
0.21
ACRES

Renovated Paradise East beauty! Light-filled 3BR with generous open living spaces. Semi custom home updated with tasteful style. New flooring, paint throughout, freshly-updated kitchen and baths. Sleek kitchen with granite and stainless appliances. Good sized primary suite and oversized bath. Access to outdoor patio. Wonderful outdoor entertaining space, covered patio and lovely landscape backyard. Gated backyard access, room for RV. Refrigerated air and furnace replaced in 2020, TPO roof, synthetic Stucco installed 2020. This home is move in ready.

3
BEDS
2
BATHS
1,741
SQFT
0.16
ACRES

Mid-century modern meets classic pueblo style in this beautifully maintained single-story home on nearly a quarter acre, located near UNM & the heart of Nob Hill! The layout is both functional & inviting, with original hardwood floors adding warmth & character throughout. The kitchen features wood cabinetry, stainless steel appliances & great flow into the main living spaces. Refrigerated A/C, ceiling fans & modern fixtures provide year-round comfort. The front yard is a desert oasis with established landscaping, while the backyard offers a spacious deck & mature trees--perfect for relaxing or entertaining. Enjoy a vibrant, well-established community with nearby parks, dining & shopping, all just minutes from some of Albuquerque's favorite restaurants, coffee shops, and local boutiques!

3
BEDS
2
BATHS
1,447
SQFT
0.22
ACRES

Opportunity awaits with this spacious 3-bedroom, 2.5-bath fixer upper in NW Albuquerque! Offering over 3,000 square feet, this home sits on a generous 1.44 acre lot with stunning mountain, city and petroglyph views offering endless potential. The property features both a 2-car attached garage and an additional 2-car detached garage ideal for hobbies, storage, or workshop space. With a private well and septic already in place, plus access to city utilities, this property offers flexibility for future improvements or expansion. Whether you're an investor, renovator, or buyer looking to create your dream home, this is a rare chance to customize a large property in a desirable neighborhood. Sold AS IS, Cash or possibly Rehab loan

3
BEDS
3
BATHS
3,365
SQFT
1.44
ACRES

Discover this charming single-story brick home in NE Heights Albuquerque. This home offers 3 bedrooms, 2 baths, and a comfortable open layout w/wood beams. Updated kitchen with custom cabinets, stainless steel appliances, and granite countertops. Bathrooms have been updated with new vanities & tile! Front windows replaced about 5 years ago. Back windows replaced in 2010. Roof replaced in 2019. Electric, gas furnace, and Refrigerated AC converted in 2005. Enjoy the private backyard with backyard access! Don't miss your opportunity to view this home today!

3
BEDS
2
BATHS
1,827
SQFT
0.21
ACRES

Located in the Spain/Eubank neighborhood, this beautifully maintained single-level home offers refined comfort. The open living spaces flow effortlessly into a stunning kitchen with elegant granite countertops, custom, cherry wood cabinetry with soft-close drawers, and a breakfast bar perfect for casual dining and gathering. Appliances include a Viking oven and downdraft induction cooktop that vents to the exterior. Quality Pella wood-frame triple-pane windows throughout enhance both energy efficiency and tranquility by minimizing outside noise. Step outside to a private backyard retreat complete with a covered patio, gas stub for outdoor grilling.

3
BEDS
2
BATHS
1,559
SQFT
0.14
ACRES

Tucked into the heart of Albuquerque's North Valley, this 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

Exquisite Custom, 3-bedroom, 2-bath Home with an additional attached studio/casita featuring its own full bathroom and separate AC--perfect for guests or a home office or college student. Located on a private cul-de-sac in desirable Paradise West adjacent to the most high-end neighborhood in Rio Rancho! Incredible Mountain View'sHome offers Cathedral Ceilings, abundant natural light, and a spacious layout. Primary suite includes dual sinks, a garden tub and a large walk-in closet. Home features two gas fireplaces one in the primary suite , and one in the living room. Beautiful kitchen ideal for entertaining. Additional features include owned solar panels, a water softener, and built-in office furniture with a Murphy bed. Your dream home awaits!!

4
BEDS
3
BATHS
2,020
SQFT
0.21
ACRES

Welcome to 12120 Towner Ave NE in Albuquerque--offering comfort, flexibility, and value. This well-maintained home features a bright, open layout with multiple living areas and a seamless flow between kitchen, dining, and living spaces--perfect for everyday living and entertaining. Spacious bedrooms provide comfort, while the flexible floor plan allows for a home office, gym, or additional living space. The large backyard offers endless potential for outdoor living or relaxation. Conveniently located near schools, shopping, dining, and major roadways. Ideal for first-time buyers, families, or investors--this is an opportunity you don't want to miss. Schedule your showing today.

4
BEDS
2
BATHS
1,843
SQFT
0.23
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

Fully updated duplex in a highly desirable location--this is the kind of opportunity that doesn't come around often. Whether you're looking to house hack, expand your portfolio, or secure a flexible living setup, this property checks all the boxes. Both units have been thoughtfully renovated with modern finishes. Updated kitchens, refreshed bathrooms, and stylish touches make each space attractive for both owners and tenants alike.The layout offers strong versatility--live in one unit and rent the other, or maximize income potential with both units leased. Low-maintenance improvements and updated systems add peace of mind, while the overall condition makes this a true turnkey opportunity. Located near shopping, UNM, dining, & more!

3
BEDS
3
BATHS
900
SQFT
0.16
ACRES

Welcome home to this beautifully maintained1 story charmer offering comfort, space, and an unbeatable location with NO HOA. This thoughtfully designed home features 4 bedrooms, including a versatile 4th bedroom ideal for a home office, guest room, or hobby space, plus separate family and living rooms that provide plenty of room for relaxing and entertaining.The 3-car garage offers ample storage and parking, while pride of ownership is evident throughout the home's excellent condition and care. The single-level layout adds everyday convenience and accessibility, making this home as functional as it is inviting.Ideally located with easy access to entertainment, hospitals, shopping, dining, and major roadways, this property combines peaceful living with close-to-everything convenience.

4
BEDS
2
BATHS
1,997
SQFT
0.22
ACRES

Located on a quiet cul-de-sac in Ventana Ranch West, this 3-bedroom, 2.5-bath home offers generous space and flexibility throughout. The oversized primary suite provides a comfortable retreat with beautiful Sandia Mountain views and plenty of room to unwind. The upstairs loft adds versatility as a third living area, office, gym, or media room. A spacious living room welcomes you in, while the open kitchen, dining, and family room create a natural flow for both everyday living and entertaining. The kitchen features ample cabinet storage, a functional layout, and generous workspace. Step outside to a covered patio perfect for relaxing or hosting, and enjoy the added convenience of an attached 2-car garage. Schedule your showing now--homes like this don't come up often.

3
BEDS
3
BATHS
2,786
SQFT
0.15
ACRES

Bright and Happy home in amazing Nob Hill Neighborhood. This contemporary home suits most anyone who enters. Open floor plan with large windows for lots of natural lighting. Updated kitchen and bathrooms. Hardwood flooring through out with carpet in the primary bedroom. Large en suite bathroom with a mosaic tile walk-in shower and a jetted tub. The kitchen boasts counter and storage space. Covered patio and beautiful slate flooring. Surrounded by golden leaf bamboo, roses, cactus and greenery. Low maintenance and low water usage. There are two basements for ample storage and is also where the utilities reside. Feel at home in this charming neighborhood with your privacy fence all around you. Includes two parking spaces on property for off street parking. Beautiful Hyder Park Nearby.

3
BEDS
2
BATHS
1,526
SQFT
0.13
ACRES

Experience luxury living located at 8800 Globe Street NW, this stunning Mediterranean-style home in Albuquerque's peaceful Tierra Vista at the Trails Community is designed to impress. Versatile floor plan complete with a gourmet kitchen that shines with granite countertops, stainless steel appliances, and a fantastic island/bar combo. The corner-lot residence features a convenient main-level bedroom that could be an ideal office, gym, or den. Second living area is located upstairs opening to a private balcony with breathtaking views of the Sandia Mountains. Meticulously maintained backyard includes mature trees, covered patio with updated acrylic flooring and durable Trex decking. This move-in-ready gem is located near top-rated schools, shopping, and scenic local parks.

5
BEDS
3
BATHS
2,428
SQFT
0.11
ACRES

Located in a desirable Northwest Albuquerque neighborhood, this spacious home offers comfortable living with great potential. Featuring a functional layout, generous living areas, and ample square footage, this property is ideal for homeowners or investors alike. Conveniently situated near schools, parks, shopping, and easy freeway access. A great opportunity to own in a growing area--don't miss it!

3
BEDS
3
BATHS
2,477
SQFT
0.16
ACRES

The minute you walk into this house, you'll feel like you are home. It is beautifully updated - updated flooring, paint, electric stove/oven, dishwasher, microwave, granite kitchen countertop. Two nice-sized living areas with a large fireplace to warm the room on cool evenings. Four spacious bedrooms with the primary ensuite. One could easily be used as an office. This home is located so close to schools, shopping, and restaurants. The fenced back yard provides space for any activity desired - entertaining, sports, gardening, or just relaxing. You will be amazed at all this home has to offer.

4
BEDS
2
BATHS
1,801
SQFT
0.19
ACRES
$459,000
-31,000$ 03/31

Calling all investors and renovators! This classic property close to the foothills is a diamond in the rough waiting for your vision. This home offers seamless navigation featuring a zero-step front entry, wide hallways, and an open-concept living area. Additionally there is a covered therapy pool. Solid bones, this home offers endless possibilities to renovate and maximize value. Sold as-is

4
BEDS
3
BATHS
2,189
SQFT
0.23
ACRES

Welcome to this charming, home in the heart of Nob Hill! This cozy 3-bedroom, 1-bath residence features hardwood floors, a fireplace, and a spacious living room. The dining room may also serve as an office or third bedroom. The kitchen offers white wood cabinetry, new countertops and backsplash, and stainless-steel appliances. Two bedrooms include walk-in closets, along with a new washer and dryer. Enjoy the inviting front porch with seating and a fenced backyard with large gated off-street parking for up to three vehicles. Walking distance to University of New Mexico, plus nearby shops, restaurants, and entertainment. Convenient access to public transportation and major highways. Owner is a licensed New Mexico real estate broker and property owner.

3
BEDS
1
BATHS
1,276
SQFT
0.14
ACRES

Delightful 4 bedroom home in well established neighborhood. 3 Car garage, (1 oversized garage door) 2 living areas - dining area plus morning corner! Sweet kitchen with granite counters & appliances that convey. Spacious family room w/fireplace & newer picture window to the backyard including Mountain views. 1 bedroom down near 3/4 bathroom - large primary suite up w/ separate shower/tub & double sinks. Enjoy New Mexico evenings in the spacious finshed backyard complete with Greenhouse. What a delightful home in a lovely neighorhood that is close to shopping, movies, gym and restaurants. This home is a perfect place to call yours. Welcome.

4
BEDS
3
BATHS
2,097
SQFT
0.19
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.