Tempe Homes under $400,000

Welcome to Tempe, Arizona—a vibrant city that beautifully blends urban sophistication with a laid-back desert charm. Nestled in Maricopa County, Tempe is renowned for its thriving arts scene, picturesque parks, and a rich cultural heritage that attracts residents and visitors alike. Home to Arizona State University, the city buzzes with youthful energy and innovation, making it a hub for education and creativity.

Tempe’s diverse neighborhoods offer a variety of living options, and for those seeking affordability without sacrificing quality, there are numerous homes available under $400,000. Whether you’re a first-time homebuyer, a young professional, or looking to downsize, Tempe has something for everyone. From cozy single-family homes to modern townhouses, these properties provide an excellent opportunity to experience the best of Arizona living.

One of the highlights of living in Tempe is the access to stunning outdoor spaces. With over 20 parks, including the expansive Tempe Beach Park and the scenic Papago Park, residents can enjoy hiking, biking, and picnicking year-round. The city also boasts a vibrant dining and shopping scene, with unique local boutiques and eateries lining Mill Avenue.

In addition to its recreational offerings, Tempe is strategically located just a short drive from Phoenix, providing easy access to the metropolitan area while maintaining its own distinct community feel. With affordable housing options and an inviting atmosphere, Tempe is not just a place to live; it’s a place to thrive. Discover your dream home in Tempe today!

Newest Tempe Homes under $400,000

3306 S Parkside Drive, Tempe $299,500

Remodeled, move-in ready and exceptionally well located! This true 2-bedroom, 2-bath townhome offers a stylish, updated interior with an open living space, modern kitchen...

2 Beds
2 Baths
7087850 MLS

606 E Colgate Drive, Tempe $350,000

Turnkey and completely move-in ready! This single-level 3-bed, 2-bath townhome in University Royal Garden Homes offers 1,439 sq ft of low-maintenance living with no neigh...

3 Beds
2 Baths
7087814 MLS

2333 E Southern Avenue Unit 2021, Tempe image

2333 E Southern Avenue Unit 2021, Tempe $269,000

Welcome to this cozy, inviting Hudson Trace condo! Feel the good vibes and sensible style the moment you enter this bright, airy home featuring a 1-car garage, vaulted ce...

2 Beds
1 Baths
7087480 MLS

1029 W Laguna Drive, Tempe $310,000

Great location just minutes from freeway access, shopping, dining, and everyday conveniences. This charming duplex-style condo offers an inviting open floor plan with vau...

3 Beds
2 Baths
7087098 MLS

945 E Playa Del Norte Drive Unit 2007, Tempe image

945 E Playa Del Norte Drive Unit 2007, Tempe $399,000

Luxury modern resort-style living on Tempe Town Lake! Step outside and jog or bike along the waterfront boardwalk, launch your kayak from your lakefront community, or sim...

2 Beds
2 Baths
7086894 MLS

1247 E Valerie Drive, Tempe $389,000 ▼

Location, convenience & classic Tempe charm! This well-cared-for 1,235 SF block bungalow offers 3 bedrooms, 2 baths & decades of pride of ownership--the previous owner ca...

3 Beds
2 Baths
7086808 MLS

2021 E 10th Street, Tempe $385,000

Move in ready Tempe ranch with thoughtful updates. The kitchen features granite countertops, stainless steel appliances, a gas range, and breakfast bar. A split floorplan...

4 Beds
2 Baths
7086589 MLS

6734 S Brittany Lane, Tempe $370,000

Attractive Single Level Townhome Features a Split Floor Plan with 2 Spacious Bedrooms, 2 Bathrooms, Inviting Great Room with Vaulted Ceilings and a 2 Car Garage. The Open...

2 Beds
2 Baths
7086484 MLS

420 W 1st Street Unit 319, Tempe $299,000

Welcome to urban living at its finest in the heart of Tempe! Located at 420 W. First St #319, this spacious and stylish 1-bedroom, 1-bathroom condo with a full loft/den o...

1 Beds
1 Baths
7086281 MLS

616 S Hardy Drive Unit 132, Tempe $260,000

Beautifully updated 2BD/2BA home off University Dr! Turnkey interior features newer flooring, renovated bathrooms, and a modern updated kitchen. Ideal Tempe location clos...

2 Beds
2 Baths
7086139 MLS

2333 E Southern Avenue Unit 2081, Tempe image

2333 E Southern Avenue Unit 2081, Tempe $255,000

Fully remodeled and completely move-in ready, this Hudson Trace condo delivers the ideal combination of comfort, convenience, and low-maintenance Tempe living! Inside, yo...

1 Beds
1 Baths
7085774 MLS

952 E Diamond Drive, Tempe $249,700 ▼

Move-in ready, freshly painted, and filled with natural light, this well-maintained one-story townhome offers a low-maintenance lifestyle with a NEW ROOF and no carpet. H...

2 Beds
1 Baths
7085673 MLS