Albuquerque Homes under $400,000

Welcome to Albuquerque, New Mexico—a vibrant city nestled in the heart of Bernalillo County, where rich cultural heritage meets breathtaking natural landscapes. Known for its stunning desert vistas, Albuquerque is a city that offers a unique blend of modern living and traditional charm. With its iconic hot air balloon festivals, mouthwatering Southwestern cuisine, and a thriving arts scene, it’s no wonder that Albuquerque is a sought-after destination for homebuyers.

For those seeking affordable housing options, Albuquerque has a delightful selection of homes priced under $400,000. This makes it an ideal market for first-time buyers, families, and anyone looking to enjoy the benefits of homeownership without breaking the bank. From cozy single-family homes in family-friendly neighborhoods to charming townhouses with easy access to local amenities, there’s something for everyone.

Imagine waking up to the stunning Sandia Mountains as your backdrop, enjoying weekend hikes, or exploring the vibrant local markets. The city’s diverse neighborhoods, such as Nob Hill and Old Town, offer a rich tapestry of dining, shopping, and entertainment options, all within a short drive from your new home.

In Albuquerque, you’ll find a welcoming community that celebrates both its Native American and Hispanic heritage, making it a culturally rich place to live. With a growing economy, excellent schools, and an array of recreational activities, Albuquerque is not just a place to live—it’s a place to thrive. Discover your dream home in this enchanting city today!

Newest Albuquerque Homes under $400,000

$325,000

3 Beds ⋅ 3 Baths

This three-bedroom, three-bath home offers 1,791 square feet of living space, a versatile loft, and an attached two-car garage. Move-in ready with room for updates and personal touches, it's an opportunity to settle in and make improvements over time. The loft provides flexible space for a home office, hobby area, or additional living space. First floor primary bedroom. New roof in 2021. Conveniently located near shopping, dining, and everyday amenities, with easy access to Paseo del Norte.

7721 Redberry Street NW, Albuquerque

$280,000

3 Beds ⋅ 2 Baths

Welcome home, 3 bedroom, 2 bathroom home sits on a larger lot and offers a functional layout with plenty of room both inside and outside. Featuring two living areas, there's ample space for entertaining and everyday living. Solar panels help keep utility costs low, with the current utility bill reported between $14-20 per month. A metal roof, offers low maintenance and added energy efficiency. The generous outdoor space provides plenty of room to expand, add outdoor living space or customize to your needs.

824 Dolores Drive NW, Albuquerque

$349,000

4 Beds ⋅ 3 Baths

Welcome home to this beautifully refreshed two-story home! Offering a spacious and versatile floor plan, this inviting property features two living areas, a loft, and four generously sized bedrooms, providing plenty of room to relax, entertain, and accommodate a variety of lifestyles. Enjoy the peace of mind that comes with a list of recent updates, including a new HVAC system with refrigerated air (9/26), new kitchen and bathroom countertops (9/26), brand-new stainless steel kitchen appliances (10/26), fresh interior paint, and new carpet and laminate flooring throughout (9/26). These modern touches create a fresh, updated feel and make this home ready for its next owners to move in and enjoy. Situated on a desirable corner lot, the property offers added outdoor potential, featuring a spacious covered patio perfect for outdoor dining, weekend gatherings, or simply unwinding at the end of the day. The backyard provides a blank canvas for your creative vision, whether you dream of creating a lush garden, a play area, or your own private outdoor retreat.

7928 Stephan Road SW, Albuquerque

$295,000

3 Beds ⋅ 2 Baths

Rare South Valley Opportunity! This unique property features a spacious 2,265 sq. ft. main home with 3 bedrooms and 2 bathrooms, plus a 975 sq. ft. guest home offering an additional 3 bedrooms and 1 bathroom. With a combined 3,240 sq. ft. of living space and 6 bedrooms total, this property offers exceptional versatility and endless possibilities. Ideal for multi-generational living, extended family, guests, or potential rental income. Enjoy the outdoors with a large covered patio and beautiful mature landscaping, creating a welcoming setting to relax, entertain, and enjoy the South Valley lifestyle. Conveniently located in the heart of the South Valley, this property offers space, flexibility, and a unique opportunity to make it your own. Don't miss out on this special property!

1401 Santa Rosa Road SW, Albuquerque

11515 Medicine Bow Place SE, Albuquerque

$389,000

3 Beds ⋅ 2 Baths

Welcome home! This beautifully updated 3-bedroom, 2-bath residence perfectly blends modern style, comfort, and functionality in a warm, inviting setting. The spacious living area is filled with abundant natural light, creating an ideal gathering space. The updated kitchen features tiled flooring, a pantry, and a welcoming eat-in area. The primary suite offers a generous walk-in closet and a private full bath. Additional highlights include a separate laundry room and a finished 2-car garage equipped with built-in shelving and a workbench. Outside, enjoy a relaxing covered patio and an entertaining space featuring a fountain that overlooks a productive red and green chile patch. This move-in-ready home has been meticulously maintained, with recent upgrades including Pella windows, a new heater and cooler, and fresh stucco in 2024. Located in the coveted Mirabella community.

11515 Medicine Bow Place SE, Albuquerque

$337,500

3 Beds ⋅ 2 Baths

Welcome to 2102 Hendola, your future home. Gorgeous, updated brick home in a great neighborhood! Features new central air conditioning, acacia hardwood floors, brand new carpeting, open floor plan, kitchen with custom cabinets and granite island, updated bathrooms, and wood blinds throughout. Lots of natural light with a low-maintenance front yard. Beautiful, fenced backyard perfect for gardening and for kids' play. Large storage shed. Home close to Uptown ABQ. Walking distance to shopping, dining, parks, and Tony Hillerman Library. Move in ready with lots of character!

2102 Hendola Drive NE, Albuquerque

$299,000

3 Beds ⋅ 2 Baths

Historic Leon Watson Custom Adobe built in 1950 in the Los Altos Enclave of 36 well kept Watson built homes. Close to Old Town, the Bio Park, the Rio Grande, and Downtown. Bancos, Vigas, a true Kiva Fireplace, Beamed Ceilings, Corbels, Latillas, Plastered Adobe Walls, Brick and stained Concrete Floors. This home has an abundance of charm and character, just waiting for its next loving owner to restore it back to its original beauty.

2821 Rio Vista Court SW, Albuquerque

8109 William Moyers Avenue NE, Albuquerque

$350,000

2 Beds ⋅ 2 Baths

Discover this well-maintained, one-owner home in a sought-after Northeast Albuquerque neighborhood, just minutes from La Cueva High School! This inviting single-story home reflects years of pride of ownership and features a bright, open floor plan with two living areas and a wood-burning fireplace, perfect for cozy winter evenings. The home offers two bedrooms plus a versatile flex room ideal for a home office, study, nursery, or hobby room, with the potential to easily convert to a third bedroom. Vinyl flooring runs throughout the home for a cohesive look. Step outside to enjoy prize-winning rose gardens in both the front and back yards, along with a backyard patio perfect for outdoor dining and entertaining. Conveniently located near schools, parks, shopping, dining, and everyday amenities, this home offers comfort, flexibility, and a wonderful opportunity to make it your own!

8109 William Moyers Avenue NE, Albuquerque

$270,000

3 Beds ⋅ 2 Baths

Welcome to this charming single-story gem with 3 bedrooms, 2 bathrooms, and subtle Southwestern architectural details. The living room features rich tongue-and-groove ceilings, exposed vigas, and a wood burning kiva fireplace. The efficient kitchen comes equipped with a gas range, a skylight for natural light, and a built-in desk ideal for home organization. Enjoy comfortable living with updated carpet, plus the added bonus of the refrigerator, washer, and dryer all staying with the home. Step outside to a covered custom-built back deck perfect for entertaining or unwinding. A handy storage shed provides a space for backyard storage. The 1-car garage has a unique dedicated craft/storage room complete with a sink. The 2-car carport provides additional covered parking. Centrally located, just minutes from shopping and dining in Albuquerque's Uptown area, with quick access to I-40, Kirtland AFB, and Sandia National Labs. Schedule your showing today!

723 Guaymas Place NE, Albuquerque

$325,000

3 Beds ⋅ 4 Baths

Experience modern living in one of Albuquerque's most exciting destination communities. Located at 5735 Strand Loop SE in Mesa Del Sol, this exceptional home combines a smart dual-level layout with sophisticated designer finishes. Stepping inside you experience the pride of ownership. An inviting interior transitions effortlessly from an open-concept entertainment layout to quiet private quarters. No detail has been overlooked--from the architectural touch of solid wood doors and plantation shutters to the practical comfort of brand-new carpeting and beautifully updated bathrooms. The exterior stands out with custom gates, elegant yard pavers, and a flawless epoxy garage floor and walkway, this turnkey property offers an elevated urban lifestyle perfect for both comfort and functionality.

5735 Strand Lp Loop SE, Albuquerque

12424 Smokey Mountain Way NE, Albuquerque

$400,000

3 Beds ⋅ 3 Baths

Great NE Heights location convenient to shopping and hiking, biking trails. Step inside to find a welcoming and open floor plan, a light filled kitchen with all appliances conveying. 12424 Smokey Mountain Way offers 3 bedrooms and 3 bathrooms with a convenient office or craft room. Huge primary master bedroom with double sink vanity and large walk-in closet. Topped off with a low maintenance back yard and two car garage. This property offers a wonderful opportunity to live in one of the city's most sought-after areas. Great location

12424 Smokey Mountain Way NE, Albuquerque

$247,500

3 Beds ⋅ 1 Baths

Priced to sell fast. Great opportunity at 701 Cardenas SE! Ideally located and recently remodeled, this property offers a fresh, updated feel with exciting potential. The split-pad configuration creates a unique opportunity for flexible use and future possibilities. Convenient location with easy access to nearby shopping, dining, services, and major routes. A must-see property with versatility and potential!

701 Cardenas Drive SE, Albuquerque

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