Phoenix Homes under $250,000

Phoenix Homes under $250,000

Welcome to Phoenix, Arizona – a vibrant city known for its stunning desert landscapes, year-round sunshine, and a rich tapestry of culture and community. As the fifth-largest city in the United States, Phoenix boasts a dynamic economy, a diverse population, and an array of recreational activities that make it a fantastic place to call home.

Located in Maricopa County, Phoenix offers a unique blend of urban living and outdoor adventure. Residents enjoy access to beautiful parks, hiking trails, and breathtaking views of the surrounding mountains. The city's thriving arts scene, delicious dining options, and numerous sporting events add to its appeal, making it a hub for both work and play.

For those seeking affordable housing options, Phoenix has an exciting selection of homes available for under $250,000. This price point opens the door to a variety of charming neighborhoods, each with its own character and amenities. Whether you’re a first-time homebuyer, an investor, or looking to downsize, there are plenty of opportunities to find a place that fits your lifestyle and budget.

From cozy bungalows to modern townhomes, the real estate market in Phoenix under $250,000 is diverse and full of potential. With the city's ongoing growth and development, investing in a home here not only provides a comfortable living space but also the chance to be part of a thriving community.

Explore your options today and discover why Phoenix is the perfect place for your next home!

Newest Phoenix Homes under $250,000

3615 W Chambers Street, Phoenix
$150,000
3 Beds ⋅ 2 Baths ⋅ 7104452 MLS ⋅ 1,382 SqFt.
Full renovation opportunity in Phoenix! This 3-bedroom, 2-bathroom block home offers 1,382 sq. ft. on an approximately 6,203 sq. ft. lot with no HOA. Built in 1961, the property requires extensive renovation throughout, including a new roof, HVAC and electrical work, and repairs related to existing water damage. Additional repairs and updates will be necessary to restore the property. Offered strictly AS-IS, with no seller repairs or cleanup. Seller has never occupied the property. Buyers are encouraged to conduct thorough inspections and independently verify all property details, condition, and repair requirements. Seller is related to listing agent.

3615 W Chambers Street, Phoenix
3418 W El Caminito Drive, Phoenix
$174,999
2 Beds ⋅ 1 Baths ⋅ 7104427 MLS ⋅ 792 SqFt.
Turnkey and fully remodeled! Step into this beautifully updated 2 bedroom, 1 bath Phoenix townhome with recessed lighting and updated fixtures throughout. The kitchen features white shaker cabinets and quartz countertops, and the remodeled bath completes the modern look. Low maintenance and move-in ready, this home is an excellent opportunity for owner occupants and investors alike.

3418 W El Caminito Drive, Phoenix
1130 E Butler Drive Unit A8, Phoenix
$165,000
2 Beds ⋅ 2 Baths ⋅ 7104376 MLS ⋅ 956 SqFt.
Discover comfortable living in this beautifully updated 2-bedroom, 2-bathroom condo offering a perfect blend of convenience, charm, and Arizona lifestyle. Recent improvements include new carpet and fresh paint throughout, creating a bright and inviting atmosphere. The kitchen features new appliances and timeless maple wood look cabinetry, providing both style and functionality. Enjoy relaxing on your private outdoor patio while taking in beautiful mountain views. Ideally located with easy access to major freeways, scenic hiking trails, and within the highly desirable Sunnyslope High School boundaries. Just minutes from popular local dining favorites including Luci's, Aunt Chilada's, and Tutti Santi, this condo offers the perfect combination of comfort, location, and lifestyle.

1130 E Butler Drive Unit A8, Phoenix
18240 N 21st Street Unit 85, Phoenix
$74,900
3 Beds ⋅ 2 Baths ⋅ 7104165 MLS ⋅ 1,064 SqFt.
Why pay high rent for a 3-bedroom when you can OWN for less? Financing is available with just 5-15% down and a 550 minimum credit score! This fully renovated 3-bed, 2-bath home in all-ages Buffalo Ridge community features an open layout with no carpet, fresh interior and exterior paint, a stacked stone accent wall with an electric fireplace and recessed TV niche, and a modern kitchen. The versatile 3rd bedroom makes a perfect home office. Updates include a 2022 AC, 2023 water heater, a 2024 extended 3-vehicle driveway, and a fully fenced private yard with turf that is perfect for pets. Monthly lot rent only $790 vs $1000 for neighboring communities.

18240 N 21st Street Unit 85, Phoenix
310 W Earll Drive Unit 207, Phoenix
$190,000
2 Beds ⋅ 1 Baths ⋅ 7104137 MLS ⋅ 650 SqFt.
Turnkey Midtown Phoenix investment with a tenant already in place. This updated 2 bedroom, 1 bath second floor condo sits in the heart of Central Phoenix and comes with a lease paying $1,300 per month, giving a new owner income from day one and a seamless transition with no vacancy or make ready period. The unit has been well cared for, with a new AC unit + 10 year transferable warranty, new hot water heater, an updated kitchen, laminate flooring throughout, spacious bedrooms, and a stackable washer and dryer inside the unit. Water, sewer, and trash are included in the HOA, keeping owner expenses predictable. Location is what keeps this one rented. Phoenix College, Creighton University, and St. Joseph's Hospital are all within walking distance, creating steady demand from student healthcare workers, and medical staff. Downtown and Uptown are minutes away, with quick access to Sky Harbor Airport, Scottsdale, and Tempe, plus easy walkability to Central Phoenix restaurants and shops. Whether you're adding to a portfolio or buying your first rental, this is a low maintenance, income producing opportunity in one of the Valley's most consistent rental pockets.

310 W Earll Drive Unit 207, Phoenix
2314 E Portland Street, Phoenix
$185,000
2 Beds ⋅ 1 Baths ⋅ 7103700 MLS ⋅ 1,045 SqFt.
Fixer Upper in the heart of Phoenix! 2-bedroom 1 bath home Near County Hospital Great Investment Property

2314 E Portland Street, Phoenix
5248 N 42nd Lane, Phoenix
$148,000
3 Beds ⋅ 1 Baths ⋅ 7103648 MLS ⋅ 1,005 SqFt.
This could be your next home or investment property. This Two-level townhouse is located close to the 10 and close to I-17 freeway. Close to Grand Canyon University and stores. Come check it out!

5248 N 42nd Lane, Phoenix
3102 E Clarendon Avenue Unit 105, Phoenix
$250,000
2 Beds ⋅ 2 Baths ⋅ 7103636 MLS ⋅ 1,017 SqFt.
Come see this conveniently located and beautifully updated 2-bedroom, 2-bathroom condo situated on the first floor with no interior steps. Tile flooring runs throughout the unit, creating a clean, low-maintenance living space. The kitchen features white shaker cabinetry, granite countertops, stainless steel appliances, and ample storage, while both bathrooms have been tastefully remodeled. The two bedrooms share a private patio with separate access, and a front patio provides additional outdoor living space. An in-unit laundry area adds everyday convenience. The property also includes two assigned carport parking spaces and a private storage unit. Residents can enjoy the community's refreshing pool and relaxing spa. Location is everything, and this home delivers. Nestled in the highly desirable Arcadia Corridor, you'll be just minutes from popular dining, shopping, and entertainment destinations. Easy access to major freeways makes commuting throughout the Valley a breeze and puts countless attractions, sporting events, concerts, and cultural venues within easy reach. Whether you're heading to work, meeting friends for dinner, or enjoying all that the Phoenix metro area has to offer, you'll appreciate the exceptional convenience of this prime location.

3102 E Clarendon Avenue Unit 105, Phoenix
6818 N 35th Avenue Unit H, Phoenix
$205,000
2 Beds ⋅ 2 Baths ⋅ 7103450 MLS ⋅ 987 SqFt.
Welcome to this charming townhome located in the hert of Glendale! It offers 2 bedrooms which has its own en-suite, spacious closet, and a 2 carport space directly behind the unit. Inside you'll find a nice-sized open living and dining area, neutral paint, ceilings fans, tile flooring in main areas, and carpet in bedrooms. Bright and efficient kitchen comes with ample white cabinetry, granite counters, tile backsplash, and essential appliances for your everyday meals. Out the back is a private fenced covered patio. An inside laundry room complete this lovely home. Located close to the 17, downtown Phoenix and all its amenities. Don't miss this perfect starter home that's waiting for you!

6818 N 35th Avenue Unit H, Phoenix
3901 E Pinnacle Peak Road -- Unit 374, Phoenix
$165,900
2 Beds ⋅ 2 Baths ⋅ 7103317 MLS ⋅ 1,768 SqFt.
Fabulous large corner lot featuring a 5 car carport, large storage shed, and a convenient front office/hobby room. The spacious front living room flows seamlessly into the dining area and kitchen with a center island, opening directly to the family room. Recent updates include a newer roof, washer/dryer, vinyl flooring, and double-pane windows with power window coverings throughout. An ideal entertaining property on an oversized lot, complete with a large front deck and a backyard featuring a concrete pad and multiple gathering areas! Amenities include unlimited golf (steps away), heated pool/spa, pickle and bocce ball, horseshoes, access to club house activities and 24/7 guard gated entry. $985 lot lease fee also covers your water/sewer/trash. Please check this home out!!

3901 E Pinnacle Peak Road -- Unit 374, Phoenix
9025 W Elm Street Unit 6, Phoenix
$200,000
2 Beds ⋅ 2 Baths ⋅ 7103305 MLS ⋅ 803 SqFt.
Fantastic opportunity for home ownership! This block construction, 2 bed 2 bath unit has had nearly every surface of the interior updated! The expansive list of upgrades includes; fresh interior paint throughout, stainless steel farmhouse style kitchen sink, new dish washer, new stove, brand new washer and dryer, new water heater, all new ceiling fans throughout, brand new bathroom fixtures and lighting, as well as newer dual pane windows! All appliances included! Water is included in HOA fee! Enjoy the private courtyard with ample space to relax and enjoy the AZ weather! Conveniently located near State Farm Stadium, Westgate Entertainment District, Desert Diamond Arena, and major freeways!

9025 W Elm Street Unit 6, Phoenix
749 E Montebello Avenue Unit 231, Phoenix
$249,000
2 Beds ⋅ 2 Baths ⋅ 7103238 MLS ⋅ 877 SqFt.
Welcome to Montebello Gardens! This beautifully remodeled 2-bedroom, 2-bathroom second-floor condo was thoughtfully updated in April 2025. The inviting interior features a neutral color palette, wood-look and tile flooring, and an updated kitchen with shaker cabinetry, granite countertops, and essential appliances. Dual-pane windows provide added comfort and efficiency, and the AC was replaced in 2020. Enjoy beautiful mountain views from the unit, while the primary bedroom offers an en-suite bathroom. Community amenities include a pool, BBQ area, and on-site laundry. Ideally located near AZ-51, shopping, restaurants, schools, and medical facilities. Don't miss this move-in-ready opportunity!

749 E Montebello Avenue Unit 231, Phoenix
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