Albuquerque / Homes Under $400K in Albuquerque

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.

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This inviting Albuquerque home offers a wonderful blend of warmth, character, and comfortable indoor-outdoor living. Step inside to find spacious living areas featuring rich wood flooring, a cozy fireplace, and charming wood accents that add personality throughout the home. The functional kitchen offers generous cabinetry and counter space, while multiple living and dining areas provide plenty of room to gather, entertain, or simply unwind.Outside is where this property really shines! Mature trees provide beautiful shade and create a private, established feel, while the covered patio offers the perfect setting for morning coffee, weekend barbecues, or relaxing New Mexico evenings. The backyard features a grassy area, attractive stonework, and fenced spaces that offer plenty of possibilities for pets, gardening, entertaining, or play.Complete with an attached two-car garage and a location convenient to shopping, dining, schools, parks, and everyday amenities, this home full of character and ready for its next chapter.

3
BEDS
2
BATHS
1,625
SQFT
0.17
ACRES

Move-in ready, one-level townhouse on a corner lot with three bedrooms, two full baths and an attached two-car garage. With no interior stairs, this well-planned home offers comfortable living in a convenient Northeast Albuquerque location.Fresh paint and carpet create a clean start for the next owner. The sunny interior features skylights, raised ceilings and plenty of natural light. A spacious living room with high ceilings and a gas fireplace flows into the dining room, while the kitchen includes a separate breakfast area for casual meals.The primary bedroom is generously sized with its own full bath. Two additional bedrooms provide flexibility for guests, a home office or hobbies.Recent improvements include HVAC system with refrigerated air and gas heat installed in July 2026, along with a water heater in July 2026. Refrigerator installed December 2025.Outside, a covered patio extends the living space into the backyard. The smaller yard offers room to enjoy the outdoors without extensive upkeep, and the corner location provides added openness.Close to Whole Foods Market, parks, restaurants and everyday services, this three-bedroom townhouse combines single-level living, recent updates and an easy-maintenance lifestyle in an established neighborhood.

3
BEDS
2
BATHS
1,883
SQFT
0.13
ACRES

The Taos floorplan at Sage Park in Albuquerque, New Mexico is the largest home available in this community, offering expanded living space, enhanced functionality, and modern open concept design. With approximately 1,740 square feet, 3-4 bedrooms, and 2 bathrooms, this home is ideal for buyers seeking maximum space while staying within an attainable price point in Albuquerque.

3
BEDS
3
BATHS
1,740
SQFT
1.96
ACRES

This is a very well-kept property built by Paul Allen Energy Efficient Green Home. It's a 2-bedroom, 2-bath, office, 2-car garage in the nice, quiet, well-established Saltillo neighborhood. There's a fully landscaped front and enclosed backyard. This is a must-see to appreciate the special interior details.

2
BEDS
3
BATHS
1,558
SQFT
0.12
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

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

***Open House Saturday 8/22 10am-1pm*** Step inside this beautiful 3-bedroom, 2-bath charmer in the heart of the highly desirable South Valley! With 1,548 sq ft of warm, inviting living space, this move-in-ready home shines with thoughtful updates: newer roof, newer painted stucco, newer water heater, plus updated shower, fresh flooring and paint throughout the interior. Step outside to a gorgeous oversized covered porch and spacious yard--your perfect spot for morning coffee or sunset gatherings. Whether you're a first-time buyer ready to plant roots or downsizing without giving up an ounce of comfort, this cozy gem checks every box. Come see it and fall in love the moment you walk through the door :) contact your realtor today for a viewing!

3
BEDS
2
BATHS
1,548
SQFT
0.14
ACRES

Welcome to this inviting single-level 4-bedroom home with plenty of space to enjoy inside and out! The bright, open layout offers great natural light and features two living areas, a fireplace, fresh interior paint, updated windows, refrigerated air, and no carpet throughout. The kitchen opens to the living space and offers plenty of counter and cabinet space. The primary suite features an updated ensuite bathroom with a tiled walk-in shower and direct access to the backyard. Outside, enjoy a large patio along with a screened-in patio overlooking a spacious backyard with mature trees, flowering landscaping, and low-maintenance xeriscaping. A two-car garage provides additional parking and storage. Conveniently located near parks, schools, hiking trails and open space, Hinkle Family Fun Center, Flix Brewhouse, shopping, dining, gyms, and more!

4
BEDS
2
BATHS
1,877
SQFT
0.23
ACRES

Completely remodeled Northeast Heights home with three spacious bedrooms, two full baths, and a large inviting living area with lots of light and a wood-burning fireplace. The remodeled kitchen features all new appliances. The large backyard offers endless opportunities for entertaining or gardening and includes a workshop with it's own garage door. The workshop has ample space for a shop, storage or perhaps even an ADU conversion. This is a perfect opportunity for buyers looking to create their dream home in a desirable neighborhood. Located near schools, Trade Joe's, shopping, and parks, this remodeled home is perfect for anyone seeking value, space, and an opportunity to own a home in one of Albuquerque's most desirable areas.

3
BEDS
2
BATHS
1,592
SQFT
0.19
ACRES

Welcome home to this inviting 4-bedroom, 2-bath home situated on a large corner lot with plenty of space inside and out! Fresh interior paint and new flooring give the home a clean, updated feel and make it truly move-in ready. The spacious living room features a cozy fireplace, creating a comfortable gathering space for relaxing or entertaining. Enjoy the comfort of refrigerated air during the warmer months, along with a functional floor plan offering plenty of room for everyone. Located in a desirable, established neighborhood, this home combines space, updates, comfort, and a fantastic corner-lot setting. Come see all it has to offer!

4
BEDS
2
BATHS
1,617
SQFT
0.21
ACRES

Welcome to 8928 Mountain Ash Ave! This newly built, energy efficient, all electric townhome is ready for its first owner. This property was just finished in July of 2026 and showcases high end finishes such as granite counters, top of the line mini split cooling systems, complete appliance package, and the garage is pre-wired and ready for an electric car charger. The 3 bedrooms are both upstairs and are generously sized, leaving plenty of room to spread out. Downstairs you will find a beautiful kitchen area, living area and a third half bath for guests.

3
BEDS
3
BATHS
1,416
SQFT
0.04
ACRES

Bring your vision and renovation skills to this spacious corner-lot home in an established NW Albuquerque neighborhood! Valuable OWNED SOLAR offers the potential for substantial long-term energy savings, while cold refrigerated air keeps you comfortable on hot summer days. The versatile floor plan features two generous living areas, including one with a cozy pellet stove, plus the durability and Southwestern appeal of a pitched tile roof.Enjoy Albuquerque's beautiful evenings from the covered patio overlooking the east-facing backyard--perfectly positioned for afternoon and evening shade. Outdoor recreation is practically around the corner, with Riverview Park approximately 0.1 mile away offering a playground, walking trail, grassy open space, picnic tables and shaded areas. Convenient westside location provides excellent access into the city via either Paseo del Norte or Montano.Property has experienced a prior plumbing leak originating from the upstairs primary bathroom with resulting water damage to portions of the primary bathroom and kitchen ceiling/wall below. Property is being sold strictly AS-IS, and seller will make no repairs. Due to current condition, CASH OR RENOVATION FINANCING ONLY. A great opportunity for a buyer ready to complete the needed improvements and make this home shine again!

3
BEDS
3
BATHS
2,025
SQFT
0.16
ACRES

Welcome to 8932 Mountain Ash Ave! This newly built, energy efficient, all electric townhome is ready for its first owner. This property was just finished in July of 2026 and showcases high end finishes such as granite counters, top of the line mini split cooling systems, complete appliance package, and the garage is pre-wired and ready for an electric car charger. The 3 bedrooms are both upstairs and are generously sized, leaving plenty of room to spread out. Downstairs you will find a beautiful kitchen area, living area and a third half bath for guests.

3
BEDS
3
BATHS
1,416
SQFT
0.05
ACRES

This beautifully updated single level townhome sits just a few minutes from the Sandia Mountains allowing easy trail access. Inside beautiful wood-look tile flooring throughout (no carpet). The kitchen was completely redone with soft close cabinetry, quartz counters, stainless steel appliances, & new fixtures. The primary bedroom sits opposite the second bedroom featuring a covered patio and stunning en suite. Outside the new retaining wall creates a thoughtful garden while turf allows easy maintenance year round. Other new upgrades include furnace, hot water heater, garage door opener! No HOA!

2
BEDS
2
BATHS
1,440
SQFT
0.09
ACRES

Nestled in Albuquerque's sought-after Uptown corridor, this charming single-story Mossman welcomes you through a gated front courtyard surrounded by mature trees and flowering bushes, creating a private and inviting entrance. Step inside to an efficient floor plan featuring 3 bedrooms, 2 baths, and a warm living room centered around a cozy gas-log fireplace. Thoughtful upgrades throughout add to the home's appeal, while the living area flows seamlessly into the dining room and kitchen, creating an inviting space for everyday living and entertaining. A bright sunroom offers versatile space for an art studio, home office, workout area, or peaceful reading nook. The spacious primary suite features a private en-suite bath and convenient access to the sunroom. Enjoy year-round comfort with refrigerated air, while fresh interior and exterior paint enhances the home's move-in-ready appeal. Outside, the low-maintenance backyard features turf, beautiful flowering trees and bushes, a drip irrigation system, and a custom pergola--perfect for entertaining, relaxing, or enjoying your morning coffee. All this just minutes from Uptown shopping, dining, entertainment, and everyday amenities. No HOA! A wonderful opportunity to own a home that combines classic Mossman character, thoughtful updates and an unbeatable Uptown location.

3
BEDS
2
BATHS
1,666
SQFT
0.1
ACRES

Turnkey Perfection in 87114 - Move Right In! This meticulously refreshed 3-bed, 2.5-bath Northwest Albuquerque property offers the perfect blend of modern comfort and style. Every detail has been taken care of, boasting a crisp interior with a brand-new coat of paint and stunning luxury vinyl flooring flowing seamlessly through the main living spaces. The heart of the home highlights a fully updated kitchen and dining layout, including professionally resurfaced greige cabinets, bright countertops, an elegant tile backsplash, and a suite of stainless steel appliances. Upstairs features cozy bedrooms with immaculate, freshly updated carpeting. The oversized primary suite offers a serene, light-filled escape with multiple view windows, a contemporary ceiling fan, and plenty of space for a full king-sized bedroom set. Low-maintenance landscaping and an unbeatable Westside location make this home an absolute must-see!

3
BEDS
3
BATHS
1,521
SQFT
0.11
ACRES

Welcome to this well-maintained two-story home located in the desirable Northwest Albuquerque/Rio Rancho area. Built in 2009, this home offers approximately 1,644 sq ft with 3 bedrooms and 3 bathrooms, providing a functional layout with comfortable living spaces. The main level features a spacious living area ideal for everyday living and entertaining, along with a convenient half bath for guests. The kitchen offers granite countertops and ample cabinet space, opening to the dining and living areas for easy flow. Upstairs you will find three bedrooms and two full bathrooms, including the primary suite. Additional highlights include owned solar for improved energy efficiency, fresh paint and new carpet 2024, and a covered patio perfect for outdoor relaxation...

3
BEDS
3
BATHS
1,684
SQFT
0.13
ACRES

This recently remodeled 2,400-square-foot North Valley home offers 3 bedrooms, 3 bathrooms, multiple living areas, a breakfast nook, and a new refrigerated air and heating system. The covered carport extends the length of the home and opens to an expansive backyard with ample space for multiple vehicles, recreational toys, outdoor entertaining, or additional storage. This spacious property provides comfort, flexibility, and room to enjoy. Seller financing is available with no calls!

3
BEDS
3
BATHS
2,471
SQFT
0.18
ACRES

Welcome Home! Discover the charm and convenience of this beautifully maintained 3-bedroom, 2-bathroom home. Located in a quiet cul-de-sac, this home offers added privacy and less through traffic. Fresh and inviting, the home features new carpet, fresh interior paint, and a brand-new refrigerator, stove, washer, and dryer, making it truly move-in ready. The comfortable floor plan offers plenty of space to relax and gather, while the spacious backyard provides the perfect setting for outdoor entertaining, play, or simply unwinding. Conveniently located just minutes from shopping and dining, with nearby schools within walking distance, this home offers the perfect combination of comfort, convenience, and neighborhood charm. A wonderful opportunity to make this move-in-ready home your own!

3
BEDS
2
BATHS
1,392
SQFT
0.18
ACRES

A thoroughly unique live/work arrangement in Nob Hill! Located in the Art Deco-style 110 Richmond building, unit 204 provides comfortable, sleek, contemporary living on its main level with a bedroom suite or gallery/office/studio space on the lower level. The main level, located on the 2nd floor of this elevator building, is entered via a manicured central courtyard which is enjoyed by all residents. Inside finds living and dining areas, kitchen with stainless steel Professional Series Frigidaire appliances, espresso cabinets and pantry, full bath, and bedroom- with TWO walk-in closets! On the street level there is studio/office space with 3/4 bath ensuite and separate outdoor access. Additional features include frosted glass entry doors, premium Hurd windows, recessed lighting, stacked full-size washer/dryer, ceiling fans, and security system. Enclosed communal garage + permits for street parking on Richmond. Situated in the heart of Nob Hill and within easy reach of UNM.

2
BEDS
2
BATHS
1,111
SQFT

**Open House Saturday August 22nd from 1-3PM if still available** Beautifully and extensively renovated, this northeast heights home is a rare market find in a convenient location near everywhere you want to be! A regal circular driveway and mature shade tree create an inviting first impression, while a screened-in front sunroom provides a secure and charming transition into the home.Inside, every space has been thoughtfully refreshed. Gorgeous new ceramic tile flooring flows throughout the main living areas, complemented by new carpet in the bedrooms. Stay comfortable on hot summer days with refrigerated air provided by 6 new mini-splits! The tastefully renovated kitchen is a showstopper with handcrafted cabinetry, durable white quartz countertops and all-new stainless steel appliances. Two generous living areas provide exceptional versatility, including one with a relaxing wood-burning fireplace. The spacious dining room--ideal for large get-togethers--also features beautiful wood-beamed ceilings.Additional highlights include energy-efficient vinyl thermal windows, enormous pantry storage, all-new lighting, freshly painted walls and ceilings, and beautifully renovated bathrooms featuring gorgeous tiled showers with built-in shampoo niches. The primary suite offers a coveted walk-in closet--a particularly rare feature among established northeast heights homes.Major improvements include a durable new TPO roof, new water heater and new sewer line. A convenient mudroom connects the home to the oversized 2-car, 2-door garage, which also includes an approximately 9' x 8' storage room that is not included in the advertised square footage yet adds valuable additional usable space. Gated side-yard parking provides additional flexibility for vehicles or recreational toys.Loaded with improvements, character, storage and hard-to-find amenities in a well-established location, this exceptional home offers the combination of vintage Albuquerque charm and extensive modern renovation that is increasingly difficult to find. You owe it to yourself to come see this beautiful home today!

2
BEDS
3
BATHS
1,839
SQFT
0.18
ACRES

3
BEDS
3
BATHS
1,589
SQFT
0.15
ACRES

This home sits on a fully fenced half-acre, real privacy, with mature trees and no HOA to answer to. A back gate opens onto the neighborhood's historic irrigation ditch, giving direct access to the trail beyond your fence line. With this much land, there's real room to imagine what comes next: a casita, a workshop, a garden, whatever fits your plans. The home itself has been completely refreshed: new flooring throughout, fresh paint, new stucco and exterior paint, and an updated AC/heating system, plus more updates you'll see in person. A carport and separate storage building sit toward the back of the lot.This one's move-in ready, with plenty of room to grow into. Schedule your showing today!

4
BEDS
2
BATHS
1,456
SQFT
0.51
ACRES

Home offers a spacious open floorplan with lots of square footage located on a large lot with plenty of Front and Back yard space. This 4 bedroom 2 bath home was completely remodeled in 2019, with a roof, plumbing, gas lines, electrical, electrical panel, windows, patio doors, HVAC, cabinets, kitchen appliances, new wooden deck off upstairs back door, light fixtures, sinks, toliets, shower and tub and flooring. The washer/dryer 2022. The sewer pipe from house to street replaced 2025. There is a huge shed in the back yard. A view of the mountains from the back deck. A must see.

4
BEDS
2
BATHS
1,987
SQFT
0.15
ACRES

Sought after North Valley Location! This 3 bedroom home sits on a .22 acre lot! Primary Bedroom is located upstairs and includes a sitting area* double sink vanity* large closet* full bathroom and a deck overlooking the backyard* The lower level has two bedrooms, one full bath, one 1/2 bath* 2 separate living areas including a Den w/fireplace* Formal Dining* Good Sized Kitchen* Kitchen Nook* Separate Laundry/Mud Room* Good-sized backyard* All city amenities are nearby including schools and shopping.

3
BEDS
3
BATHS
2,492
SQFT
0.22
ACRES
Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM

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