Phoenix Homes under $250,000

Welcome to Phoenix, Arizona – a vibrant city that perfectly blends urban sophistication with the stunning beauty of the Sonoran Desert. As the fifth-largest city in the United States, Phoenix is known for its warm climate, diverse culture, and an array of outdoor activities. Whether you're a fan of hiking the majestic trails of Camelback Mountain or enjoying the bustling art scene in Roosevelt Row, there's something for everyone in this sun-soaked metropolis.

For those seeking affordable housing options, Phoenix offers an impressive selection of homes under $250,000. This makes it an ideal destination for first-time homebuyers, investors, or anyone looking to settle in a thriving community without breaking the bank. With a variety of neighborhoods to choose from, you can find charming single-family homes, cozy townhouses, and even modern condos that fit your budget.

Living in Phoenix means you're never far from amenities and entertainment. Explore the vibrant culinary scene featuring everything from food trucks to fine dining, or take a leisurely stroll through the lush Desert Botanical Garden. The city also boasts an array of parks and recreational areas, perfect for families and outdoor enthusiasts alike.

With its affordable housing market and rich cultural landscape, Phoenix is not just a place to live; it's a place to thrive. Embrace the opportunity to own a piece of this dynamic city without compromising on quality or lifestyle. Your dream home awaits in the heart of Arizona!

Newest Phoenix Homes under $250,000

$139,900

2 Beds ⋅ 1 Baths ⋅ 7089135 MLS

Investor Opportunity in Central Phoenix! This 2-bedroom, 1-bath condo in the Encanto Garden Townhouses offers great potential for an investor or buyer looking to renovate and make it their own. The functional floor plan features an original kitchen that flows into the dining area and spacious living room, with both bedrooms and the full bathroom located just down the hall. Step outside to the large enclosed patio, offering additional space to relax, entertain, or create your own private retreat. A major improvement includes a newer A/C unit installed in 2022. Property is sold as-is. Conveniently located near Encanto Park, Encanto Golf Course, and Phoenix College, with easy access to Downtown Phoenix, shopping, dining, entertainment, and major roadways. Bring your vision and transform this centrally located condo into a fantastic investment or new home!

2953 N 19th Avenue Unit 49, Phoenix

749 E Montebello Avenue Unit 229, Phoenix

$189,000

2 Beds ⋅ 2 Baths ⋅ 7089118 MLS

Central Corridor location! Beautiful gated community at Montebello Gardens! This charming second-level unit features a large front porch, lush landscaping, and a light, open floor plan. Two spacious bedrooms and two full baths, eat-in kitchen, three ceiling fans, and great views of the community greenery. Enjoy low-maintenance living with HOA services including water, sewer, gas, trash, exterior maintenance, roof replacement, and building insurance. Community pool! Ideally located near Route 51, Downtown Phoenix, Biltmore, shopping, dining, and entertainment. Madison School District. Limited neighbors and a peaceful setting make this a wonderful place to call home. Hurry--this one won't last long!

749 E Montebello Avenue Unit 229, Phoenix

$190,000

2 Beds ⋅ 1 Baths ⋅ 7089056 MLS

Welcome to your updated Central Phoenix charmer! This cozy 2 bed, 1 bath home has a great location. Just minutes from GCU, GCC, Metro center, and I-17 for an easy commute. Move-in ready and waiting for you!

9222 N 35th Avenue Unit 1, Phoenix

$139,900

3 Beds ⋅ 2 Baths ⋅ 7089032 MLS

Duplex Cash-only purchase; requires total renovation. No inspection or financing contingencies. No Buyer Premium. Information deemed reliable but not guaranteed; for informational purposes only, not a legal document. Buyer or Buyer's Agent to verify all material facts: figures, schools, dimensions, square footage, permits, etc.

1019 E Pima Street, Phoenix

$139,900

3 Beds ⋅ 2 Baths ⋅ 7089029 MLS

Cash-only purchase; duplex back house rented for $700/month. Requires total renovation. No inspection or financing contingencies. No Buyer Premium. Information deemed reliable but not guaranteed; for informational purposes only, not a legal document. Buyer or Buyer's Agent to verify all material facts: figures, schools, dimensions, square footage, permits, etc.

1017 E Pima Street, Phoenix

$139,900

3 Beds ⋅ 1 Baths ⋅ 7089024 MLS

Cash-only purchase; requires total renovation. No inspection or financing contingencies. No Buyer Premium. Information deemed reliable but not guaranteed; for informational purposes only, not a legal document. Buyer or Buyer's Agent to verify all material facts: figures, schools, dimensions, square footage, permits, etc.

1427 S 13th Place, Phoenix

$199,000

3 Beds ⋅ 1 Baths ⋅ 7089018 MLS

Discover modern living in this beautifully remodeled 3-bedroom, 1-bath townhouse! Enjoy a bright, open living space filled with natural light and stylish wood-look plank flooring. The fully updated kitchen features sleek quartz countertops, a smooth-top electric range, and stainless steel appliances. Upstairs, find generously sized, updated bedrooms and a stylish bathroom. Relax on your private patio or enjoy the community pool just steps away. Additional features include assigned parking, laundry hookups, and extra storage. Conveniently located just minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix, ASU, and major freeways, this move-in-ready home offers modern style and everyday convenience!

4015 S 45th Street, Phoenix

$230,000

3 Beds ⋅ 1 Baths ⋅ 7088880 MLS

ATTENTION INVESTORS!! Great House to fix and flip. Great opportunity! Fixer upper. Big lot! 3 bedrooms, 1 bath with a bonus room that could be easily converted into the 2nd bathroom. Owner started all the Demo already ready for you to start the remodel. A lot of room in the back to extend. No blind offers will be considered.

1746 E Monte Vista Road, Phoenix

16225 N Cave Creek Road Unit 85, Phoenix

$49,999

2 Beds ⋅ 2 Baths ⋅ 7088746 MLS

**Financing available**Villa Carmel 55+ Adult gated community! Be charmed by this delightful 2-bedroom manufactured home with its own Extended covered carport/patio! Inside, vaulted ceilings and wood-look floors create an inviting vibe, while the cozy living room practically calls you to kick back and relax. The kitchen brings the flavor with chocolate-stained staggered cabinets, generous counter space, built in microwave, Gas stove and all the essentials to fuel your inner chef. The primary bedroom even spoils you with its own private bathroom. And the community? Oh, it's packed with goodies such as a refreshing pool, an indoor spa for unwinding, a fitness center to keep you moving, and plenty more fun waiting to be discovered. Come see it for yourself and picture the easygoing lifestyle waiting for you! Across from the clubhouse.

16225 N Cave Creek Road Unit 85, Phoenix

$180,000

1 Beds ⋅ 1 Baths ⋅ 7088611 MLS

Welcome to this beautifully renovated 1 bed, 1 bath condo in the heart of Midtown Phoenix. Move-in ready and filled with natural light, this urban-style unit features a modern kitchen and a cozy bedroom retreat perfect for unwinding after a long day. Located within the charming, gated Turney Villa Condominiums, residents enjoy a sparkling community pool, lush green spaces, BBQ grills, and covered parking - plus it's pet-friendly! Enjoy unbeatable convenience with the trendy Melrose District, Downtown Phoenix, Sky Harbor Airport, and the upscale Biltmore area all just minutes away. Whether you're an investor or looking for your next home base, this condo checks all the boxes. Stop by and look today!

1111 E Turney Avenue Unit 3, Phoenix

$199,999

2 Beds ⋅ 2 Baths ⋅ 7088590 MLS

Enjoy North Mountain views from this inviting 2-bedroom, 2-bath end-unit condo featuring single-level living, tile flooring throughout, a private patio, and assigned covered parking, with guest street parking just steps away. Located near the community pool, this thoughtfully updated home features new windows and a second-bedroom glass slider (2023), refreshed showers and toilets in both bathrooms, and a new primary bathtub. Additional improvements include a water heater (2025), Whirlpool oven (2024), Whirlpool washer and dryer (2025), Ecobee Wi-Fi thermostat (2023), and new kitchen sink and faucet. A split-bedroom layout offers added privacy. With thoughtful updates and mountain views, this condo offers exceptional value in a desirable North Phoenix location! Buyer and buyer's agent to verify all facts and figures listed in the MLS.

925 W Peoria Avenue Unit 7, Phoenix

$125,000

3 Beds ⋅ 2 Baths ⋅ 7088428 MLS

INVESTORS! Here is an opportunity you all text, email and call me about. This 3 bedrpom 2 bath house is just off Baseline and 7th Street. The location is the draw. You're in the South Mountain corridor, close to the Baseline Road shopping and dining, with Fry's and Target nearby for the daily errands. South Mountain Park and Preserve is right there for hiking, biking and hirse back riding. Downtown Phoenix, Sky Harbor, and the Central Ave light rail are all a short drive. The I-10 and 202 give you quick access to Tempe, Ahwatukee, and the rest of the Valley.

731 E South Mountain Avenue, Phoenix

Start Your Search

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.