Homes Under $400K in Greater Albuquerque

Find affordable homes under $400,000 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 829 listings in Greater Albuquerque.

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480 Chafey Drive SW, Los Lunas

Vistas At Huning Ranch
$305,000
-$4,900

Enjoy easy outdoor living with a low-maintenance backyard featuring an expansive paver patio, perfect for entertaining, outdoor dining, or relaxing with minimal upkeep. Inside, this beautiful 3-bedroom, 2-bath single-story home features the popular Ironwood floor plan with a bright, open-concept layout. The spacious living room flows seamlessly into the dining area and kitchen, offering ample cabinetry and counter space. The primary suite includes a private bath and walk-in closet, while two additional bedrooms provide flexibility for guests, a home office, or hobby space. Conveniently located near I-25 with easy access to shopping, restaurants, parks, schools, and everyday amenities. A great opportunity for buyers seeking single-level living, an open floor plan, and low-maintenance outdoor space in Los Lunas.

3
BEDS
2
BATHS
1,515
SQFT
0.12
ACRES
$339,900

Welcome to this lovely home in Hacienda Hills Subdivision, offering over 2,000 square feet of comfortable living space on a generous 0.76-acre lot. This well-designed property features 3 spacious bedrooms and 2 1/2 bathrooms, including a primary suite complete with a walk-in closet, and relaxing jetted tub/shower. Enjoy the flexibility of two inviting living areas, highlighted by a cozy wood-burning fireplace--perfect for gatherings or quiet evenings at home. The spacious kitchen is ideal for both everyday living and entertaining, featuring a breakfast bar and a charming nook for casual dining. Outside, the home continues to impress with a welcoming front courtyard, a covered back patio for year-round enjoyment, and the added durability and appeal of a metal roof.

3
BEDS
3
BATHS
2,034
SQFT
0.76
ACRES
$394,000

Welcome to 129 Chamartin -- Where Every Detail Tells a StoryFrom the moment you step through the door, it's clear this new construction home was built with intention. The attention to detail is undeniable -- from the eye-catching backsplash that anchors the kitchen to the showstopping rock-walled island that makes an unmistakable design statement. The open floor plan flows effortlessly, creating a sense of space and light that feels both grand and inviting.The primary bedroom is nothing short of a wow moment -- a true retreat designed for those who expect the finest. And when it's time to unwind, step outside to your oversized backyard patio, where relaxation comes naturally and the possibilities for entertaining are endless.Perfectly positioned within an exclusive golf course commun

4
BEDS
3
BATHS
1,855
SQFT
0.22
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

Move in ready and amazing incentives! Ideally situated just minutes from Presbyterian Rust Medical Center, shopping, dining, and everyday conveniences, Los Diamantes makes it easy to enjoy more of what matters. From quick commutes to effortless errands and evenings out, everything you need is close to home. Homes in this new phase are designed with affordable luxury in mind, featuring open-concept floorplans, contemporary finishes, and flexible living spaces that maximize both comfort and functionality. Every detail is carefully considered to deliver lasting quality, modern style, and outstanding value--making it easier to step into homeownership with confidence.

3
BEDS
2
BATHS
1,289
SQFT
0.1
ACRES

Welcome to this charming single-story home located in the desirable Colores del Sol community of Santa Fe. Built in 2013, this well-maintained residence offers a comfortable and functional layout with approximately 1,125 square feet of living space on a low maintenance lot. Step inside to an inviting open-concept floor plan featuring a spacious great room that flows seamlessly into the dining area and kitchen, perfect for both everyday living and entertaining. The home offers three bedrooms, including a private primary suite complete with its own bath and a generous walk-in closet. Additional bedrooms are thoughtfully separated and also feature ample storage. Outside, enjoy a manageable yard ideal for relaxing or customizing to your taste. Don't miss out and schedule your showing today!

3
BEDS
2
BATHS
1,139
SQFT
0.11
ACRES

Looking for your own slice of peace with breathtaking views? Welcome to Corrales! This charming two story home offers stunning Sandia Mountain views by day and sparkling city lights by night. Inside, you'll find two spacious bedrooms with spacious closets and an open floor plan perfect for entertaining, relaxing, and making lasting memories. The primary suite features a private balcony, ideal for enjoying your morning coffee and the tranquil surroundings. Step outside to a private backyard courtyard, perfect for unwinding or hosting guests. Full of character, warmth, and charm, this home is ready for its next chapter. All that's missing is you!

2
BEDS
2
BATHS
1,109
SQFT
0.25
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

215 Needle Avenue SW, Los Lunas

Vista Sandia At Sierra Vista
$385,990

This highly sought-after Hakes Brothers home offers 1,907 square feet of thoughtfully designed living space, featuring 4 spacious bedrooms and 2 bathrooms. The open floor plan is perfect for both everyday living and entertaining, highlighted by a gourmet kitchen complete with a breakfast bar, pantry, and modern finishes. You'll love the upgraded touches throughout, including 8-ft tall doors that enhance the home's contemporary feel. Step outside to a walled backyard with a covered patio, ideal for relaxing or hosting gatherings, along with low-maintenance landscaping in the front yard and a blank canvas for your green thumb in the back yard. Conveniently located with quick access to the freeway, this home combines comfort, style, and accessibility.

4
BEDS
2
BATHS
1,907
SQFT
0.12
ACRES

Beautiful 3-bedroom, 2-bath home featuring an open living and dining layout. This home has laminate and tile throughout; no carpet. The stylish kitchen offers granite countertops, stainless steel appliances, and a center island perfect for entertaining. Spacious primary suite with walk in closet and private bath. Step outside to a large backyard with Sandia mountain views. Convenient NW Albuquerque location near parks, shopping and dining.

3
BEDS
2
BATHS
1,386
SQFT
0.13
ACRES

Charming 3-Bedroom Home on a Spacious Half-Acre Lot, located on a quiet cul-de-sac. Welcome to this inviting 3-bedroom, 2-bath home that blends comfort and character in every detail. The large family living room is the heart of the home, featuring exposed wood beams and a cozy wood-burning fireplace--perfect for relaxing evenings or gathering with loved ones. A thoughtfully designed breakfast counter connects the kitchen to the living area, creating a warm and open flow. A bright bonus room offers flexible space for a home office, sunroom, or play area. Each bedroom provides plenty of natural light and storage, while the primary suite offers a peaceful retreat. Outside, enjoy a generous half-acre lot shaded by mature trees, with fruit trees adding charm and homegrown flavor to your yard. T

3
BEDS
3
BATHS
1,902
SQFT
0.06
ACRES
$365,000
-$4,000

Nestled in a peaceful cul-de-sac, this delightful 4-bedroom, 3-bathroom home is perfect for families looking for comfort and convenience. One of the bedrooms can easily serve as a second primary suite or living area, offering that extra space you've been dreaming of. With generous room sizes and a cozy fireplace in the family room, you'll find plenty of spots to unwind and create lasting memories. The detached two-car garage is a bonus, and the nearby shopping options make running errands a breeze. Come see how this home checks all the boxes! Roof was reshingled in 2019 and has a TRANSFERRABLE WARRANTY!

4
BEDS
3
BATHS
2,274
SQFT
0.25
ACRES
$399,000

Under Construction on 1.89 Acres! This 3 bedroom, 2 bathroom home offers the opportunity to own a brand-new build on a spacious 1.89-acre lot. Designed with modern living in mind, this home will feature a functional floor plan, quality finishes, minisplit HVAC and plenty of room to enjoy the surrounding wooded space. Secure it early and make it yours before completion! +/- 90 day build time. Lock it in now. Excellent lot.

4
BEDS
2
BATHS
1,707
SQFT
1.89
ACRES
$339,990

3
BEDS
2
BATHS
1,420
SQFT
0.11
ACRES

Welcome to 1229 Kirby St NE, a beautifully updated home with a modern touch. The kitchen is a chef's dream, boasting all stainless steel appliances that gleam against the fresh interior paint. Cozy up next to the elegant fireplace on chilly evenings. The primary bathroom features double sinks, providing ample space for morning routines. The primary bedroom is a true retreat with a spacious walk-in closet. Step outside to a covered patio, perfect for entertaining or relaxing. The fenced-in backyard is a great space for outdoor activities. Inside, new flooring throughout the home adds a touch of sophistication. This home is a must-see!. Included 100-Day Home Warranty with buyer activation

3
BEDS
2
BATHS
1,731
SQFT
0.17
ACRES

Move right into this beautifully updated two-story home featuring 3 bedrooms and 3 bathrooms. Renovated in 2024, it offers newer kitchen cabinets, appliances, updated bathrooms, and flooring throughout. The bright eat-in kitchen provides plenty of space for cooking and gathering, while large windows fill the home with natural light. The spacious primary suite offers a private retreat, and the functional floor plan is ideal for everyday living. Outside, enjoy a large fenced backyard perfect for entertaining, gardening, or pets. Mature front-yard trees provide shade and curb appeal, and the attached one-car garage adds convenient parking and storage.

3
BEDS
3
BATHS
1,556
SQFT
0.16
ACRES

Beautifully maintained 3-bedroom, 2-bath home in the desirable Orchards at Anderson Heights. The living room is enhanced with elegant crown molding, adding architectural refinement and a timeless, high-end finish to the space. Ceiling fans throughout support comfortable airflow and everyday ease. The spacious primary suite offers a well-appointed bath, dedicated linen storage, and a charming peek-a-boo view of the Sandias. The kitchen provides generous daily functionality with ample workspace and a convenient pantry. Outside, the low-maintenance backyard is designed for effortless living. Within the gated community, residents enjoy access to a park, pool, and impeccably maintained common areas. Ideally situated near schools and shopping, this home blends comfort, quality, and modern convenience.

3
BEDS
2
BATHS
1,373
SQFT
0.13
ACRES

12 Elk Road, Corona

Cougar Mountain Estates Ii
$395,000
-$4,000

Experience the quiet magic of New Mexico in this pristine, one-owner home near Corona. Set on nearly 40 acres of stunning landscape, this property is an equestrian's dream come true.Inside, you'll find a thoughtful layout featuring two generous suites--each with its own private bath--offering total comfort and privacy. The home has been meticulously cared for, showing undeniable pride of ownership in every corner. Premium Luxury Vinyl flooring and porcelain tile make for easy care. With a 2-car attached garage and established horse facilities, it's move-in ready for you and your horse.Whether you're seeking wide-open spaces or a peaceful retreat under the famous NM sunsets, this property delivers. Why settle for less when you can have the perfect blend of comfort and country livin

2
BEDS
2
BATHS
1,612
SQFT
40.51
ACRES

Welcome to 7212 Derickson Ave NE, a property that exudes charm and comfort. The kitchen is a chef's dream, boasting an accent backsplash that adds a touch of elegance. The living room is warm and inviting, featuring a cozy fireplace that serves as the perfect gathering spot. Step outside to a spacious covered patio, ideal for outdoor dining or simply enjoying a cup of coffee. The fenced-in backyard provides a space for leisure activities. The home also benefits from a partial flooring replacement, enhancing its modern appeal. This property is a true gem, gives a blend of style and functionality that is sure to impress. Included 100-Day Home Warranty with buyer activation

3
BEDS
2
BATHS
1,711
SQFT
0.18
ACRES

Fantastic single level floor Plan with lots of natural light and 4 bedrooms. Spacious kitchen with breakfast nook area is open to the living dining room. Lots of counter and cabinet space plus a pantry. Primary bedroom has a walk in closet and a large primary bathroom. Roof was replaced 2023. Enjoy easy care outdoor living with a covered back patio and views from the back yard! Seller enjoyed watching Balloons land right behind the home. Lovely area with quick access to Unser and NO HOA.

4
BEDS
2
BATHS
2,148
SQFT
0.18
ACRES

Charming home in uptown that has been recently re-painted (2026) and had many updates in 2022.

3
BEDS
2
BATHS
1,481
SQFT
0.15
ACRES

Charming 3bd 2 bath home. Can't Beat This Location! Tile Entry, Vaulted Ceilings, Open Living Room, Large Kitchen W/Tons Of Storage, Plus Dining Area! Separate Master Suite W/Private Bath. Garden Jetted Tub And Double Sinks. View The Amazing New Mexico Sunsets Right In Your Own Backyard!

3
BEDS
2
BATHS
1,600
SQFT
0.17
ACRES
$319,900

Reach new heights of comfortability in the Jemez floor plan at Jardin De Belen! Featuring three bedrooms, two bathrooms, a chef-ready kitchen, spacious family room, and two-car garage, the Jemez offers you the perfect place to call home. The upgraded kitchen showcases the CompleteHome(tm) package that gives you designer upgrades you desire, at no additional cost. An open-concept layout allows you to never miss a moment of your favorite tv show while you cook, as the kitchen overlooks the family room. You deserve a brand-new home to call your own, so come home to the Jemez at Jardin De Belen!

3
BEDS
2
BATHS
1,515
SQFT
0.15
ACRES

1702 Adelaide Lane, Belen

De La Reina Subdivision
$320,000

**$30K towards Buyer closing costs & Down payment through the Valencia County grant if eligible for First Time Home Buyers!** This move-in-ready 4-bedroom home combines modern construction with thoughtful seller upgrades in a well-kept planned community. The seller has invested in fully paid solar, significantly reducing energy costs, along with a water purification system and upgraded tile flooring throughout. Enjoy the kitchen with granite counter tops and stainless steel appliances. A walled backyard, covered patio, and low-maintenance landscaping offer easy outdoor living. Located in a community with a modest HOA, residents benefit from enforced yard standards and clean, well-maintained streets.

4
BEDS
2
BATHS
1,624
SQFT
0.1
ACRES

Exceptional views from this one-owner Pulte home located in the desirable Lomas Encantadas at Enchanted Hills. This property offers custom backyard landscaping, refrigerated air, a water softener, and Hunter Douglas blinds. The kitchen features GE Profile appliances, maple cabinetry, and 18-inch ceramic tile flooring, which continues through the entry, utility room, and bathrooms. The owner's suite includes bay windows with expansive views, a tray ceiling, a large walk-in closet, and a five-piece bath with a custom walk-in tub. Finished garage with remote openers. Conveniently located near I-25, the Rail Runner, medical facilities, grocery stores, shopping, and schools.

3
BEDS
2
BATHS
1,680
SQFT
0.13
ACRES
$349,000

Fabulous townhome close to LoveLace Women's hospital. Cozy fireplace and open Floorplan, two car garage and view balcony. Large primary bedroom with walk in closet, ceiling fans and so much more ....Note: appliances aren't working right now. Seller is trying to figure out why, so no appliances are included right now but if insurance company will cover them we can try and figure that out.

3
BEDS
2
BATHS
1,670
SQFT
0.07
ACRES

Nestled in Albuquerque's desirable South Valley neighborhood, welcome to this timeless single-family home. Set on a spacious 0.5-acre lot, step inside to discover 3 comfortable bedrooms and 3 bathrooms on 1662 SqFt of living space. Some recent remodeling and upgrades enhance the interior with refreshed finishes, for a clean feel throughout, along with roof and water heater replaced in 2023. A standout feature is the large detached garage, providing abundant room for vehicles, storage, a workshop, or hobby space!

3
BEDS
3
BATHS
1,662
SQFT
0.5
ACRES
$322,900

Reach new heights of comfortability in the Jemez floor plan at Jardin De Belen! Featuring three bedrooms, two bathrooms, a chef-ready kitchen, spacious family room, and two-car garage, the Jemez offers you the perfect place to call home. The upgraded kitchen showcases the CompleteHome(tm) package that gives you designer upgrades you desire, at no additional cost. An open-concept layout allows you to never miss a moment of your favorite tv show while you cook, as the kitchen overlooks the family room. You deserve a brand-new home to call your own, so come home to the Jemez at Jardin De Belen!

3
BEDS
2
BATHS
1,515
SQFT
0.15
ACRES

Completely remodeled and move-in ready, this charming 3 bed, 2 bath home blends classic character with modern updates. Enjoy cozy evenings by the wood burning fireplace and flexible front living space ideal as a sunroom or welcoming foyer. Step outside to a covered patio overlooking a spacious backyard perfect for entertaining, gardening or relaxing. The property also features a huge workshop with endless possibilities plus an additional storage shed. Located in Albuquerque's desirable NE Heights/Fair Heights area, just minutes from parks, schools, shopping and dining, with quick access to I-25 and I-40 for easy commuting. Comfort, functionality and convenience all in one!

3
BEDS
2
BATHS
1,470
SQFT
0.2
ACRES

NEW IMPROVED PRICE and sellers want to help you get into a new home! Sellers are offering a $5000 towards your closing costs or rate buydown or for whatever you'd like to use this! Welcome to 9205 Sidreaux Loop NW, where comfort meets common sense. This 4-bedroom, 2-bath home in NW Albuquerque (87114) offers the space you want without the fuss you don't. The layout is practical and inviting--perfect for daily life, weekend hosting, or finally setting up that home office. The kitchen handles everything from quick breakfasts to casual dinners, while the living areas make relaxing feel easy. Outside, enjoy a yard that's just right: enough room to gather, without giving up your weekends to maintenance. Conveniently located near shopping, dining, and major routes, this home proves that smart, stylish living can still be effortless. Could this be the one you call HOME?

4
BEDS
2
BATHS
1,631
SQFT
0.1
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.