Homes Under $200K in Greater Albuquerque

Find affordable homes under $200,000 in Greater 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 130 listings in Greater Albuquerque.

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130 Properties
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$2,500
-$1,500

INVESTOR SPECIAL! Demo is complete and ready for your remodeling! Unit can not be moved for 4 years. All residents intending to purchase must be 55+ and apply to be approved via application through Albuquerque Meadows. Park rent is $1030/month plus utilities at $45 base price + usageHome can not be moved!

2
BEDS
2
BATHS
1,008
SQFT

Come and see this well maintained and updated condo! Lower level that faces the courtyard and is next to the pool just adds to the entering living of your home! Cozy wood burning fireplace, bar tops in your kitchen, large bedrooms with nice walk in showers completes what this condo has to offer! Your home is close to the Base, Airport, UNM and Downtown so it gives you ease of commute to where ever you need to go! Schedule a time to preview it today!

2
BEDS
2
BATHS
932
SQFT
$200,000

Cozy 1-bedroom home at 524 Gibson featuring a welcoming living area highlighted by a classic fireplace. The layout offers simple, functional living with an efficient half bathroom and a comfortable bedroom suited for everyday needs. This property provides a great opportunity for someone looking to add personal touches and turn it into a truly charming home.The lot includes usable outdoor space for seating, gardening, or additional storage. Conveniently located near major roads, transit options, shopping, and local services, this home offers strong accessibility and practical day-to-day living.Ideal for buyers seeking a manageable property with potential to enhance and make their own.

1
BEDS
1
BATHS
798
SQFT
0.1
ACRES

6 Mesa Vista Road, Cuba

Sect-twnshp-rnge
$185,000

Welcome to this charming home located in the heart of Cuba, NM, offering comfort, practicality, and beautiful mountain-town living. Situated on a peaceful street, this property provides the perfect blend of small-community appeal and easy access to Hwy 550 for commuting or travel. Inside, you'll find a warm and inviting layout with ample natural light and generous living spaces ideal for family living or a weekend getaway. The property features spacious outdoor areas with 3 extra storage spaces on property. Whether you are looking for a primary residence, investment property, or retreat near the Jemez Mountains and outdoor recreation, this home offers exceptional potential at a great value. Water and Sewer provided thru Village.

3
BEDS
1
BATHS
1,280
SQFT
0.58
ACRES

Come take a look at this great opportunity in Los Lunas! The home needs work but has potential! The home features spacious rooms, large kitchen with eat in area, detached buildings for your hobbies! Come take a look if you are looking for a fixer upper! Property is being sold as is. Home has signs of water/roof leaks there is some discoloration on ceiling and walls. Unknown if leaks are still active. Zoning to be verified by buyer if of importance. Per assessor home is an entombed single wide mobile home with additions. Assessor has home classified as single family residence.

2
BEDS
1
BATHS
1,598
SQFT
0.54
ACRES

560 Aztec Road NW, Albuquerque

Blk D Monkbrid Ge Pl Add
$200,000

Discover this charming townhouse, offering comfort and style in a convenient Albuquerque location. This inviting home showcases beautiful granite countertops in both the kitchen and bathroom, adding a touch of sophistication. Enjoy cozy evenings by the fireplace in the spacious living area, perfect for relaxing or entertaining. Don't miss your chance to own this delightful property--schedule your showing today!

2
BEDS
1
BATHS
935
SQFT
0.05
ACRES

Welcome to Nob Hill East Condominiums!This gated community offers security, convenience, and unbeatable access to all that Albuquerque has to offer. This upstairs unit may be small in size, but it more than makes up for it with location -- just minutes from Kirtland Air Force Base, UNM, major hospitals, and some of the city's best restaurants and shops.Previously used as a well-performing furnished rental for travel nurses, this home is ready for its next chapter -- whether that's as a primary residence or an investment property. Recent upgrades include a TPO roof less than a year old, a packaged furnace and A/C unit under two years old, and a newer water heater.Perfect for a first-time homebuyer or a first-time short-term investor, this is a low-maintenance property in a central are

1
BEDS
1
BATHS
413
SQFT

Nice Property, WITH POTENTIAL FOR MANY USES perfect for your clients looking into home office or live in and work situation. it was used as an office at one time but now is used as residential.MXL Legally Non Conforming Zoning, might be used for either residential or Commercial according to the Zoning and Planning department. Please have your client call them to confirm it. Property is in good condition but seller is selling ''As is'' and willing to do only Lender required repairs.Property is on a Month to Month Lease.

2
BEDS
2
BATHS
1,035
SQFT
0.15
ACRES

Step into a 752 square foot urban oasis at this newly listed Loft nestled in the heart of Albuquerque. Ideal for singles or couples, this studio loft features an open layout with one bathroom and large, luminous windows that shower the space in natural light. This Loft boasts a prime location that is sure to captivate any city dweller.Discover a vibrant lifestyle just steps away from your front door. Top-tier secondary education at Amy Biehl Charter High School and convenient transportation options like the Downtown Albuquerque Rail Runner Station and ART - Downtown Station are close by. If you're looking to relax outdoors, the serene Civic Plaza is less than a mile away, offering a peaceful escape from the bustling city life.

1
BATHS
752
SQFT
0.08
ACRES

Large double corner lot in the small town of Mountainair. This older home has two bedrooms, two baths with a lovely yard. There are a couple of outdoor storage buildings. The carport provides a nice patio area as well as room to park the car. Lovely yard with plenty of options for outdoor living space. Cellar access from Kitchen. Needs work as there has been deferred maintenance over the years.

2
BEDS
2
BATHS
1,034
SQFT
0.31
ACRES
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

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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-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.