Tempe Homes under $250,000

Welcome to Tempe, Arizona—a vibrant city that perfectly blends the charm of a close-knit community with the excitement of urban living. Nestled in Maricopa County, Tempe is renowned for its beautiful weather, stunning desert landscapes, and a rich cultural scene. Home to Arizona State University, the city buzzes with youthful energy and offers a plethora of dining, shopping, and recreational options.

For those seeking affordable housing options, Tempe is a hidden gem. With homes priced under $250,000, you can find a variety of charming properties that cater to different lifestyles. Whether you’re a first-time homebuyer, a retiree looking to downsize, or an investor searching for rental opportunities, Tempe’s real estate market has something for everyone.

Imagine living in a cozy two-bedroom bungalow just minutes from the picturesque Tempe Town Lake, where you can enjoy outdoor activities like boating, biking, and picnicking. Or perhaps a modern condo near the bustling Mill Avenue, where you can immerse yourself in local art, live music, and culinary delights.

Tempe’s affordable housing options don’t compromise on quality or community spirit. Residents enjoy excellent schools, well-maintained parks, and a strong sense of belonging. With its convenient access to major highways and public transportation, commuting to nearby cities like Phoenix and Scottsdale is a breeze.

Discover the charm of Tempe and explore the possibilities of homeownership in this dynamic city. Your dream home awaits!

Newest Tempe Homes under $250,000

$229,900

2 Beds ⋅ 1 Baths ⋅ 7089408 MLS

Updated ground-level 2-bed, 1-bath condo in an ideal Tempe location! Features newer cabinets, granite countertops, and luxury vinyl plank flooring. Enjoy a spacious south-facing patio and a lush community with mature landscaping and 3 pools. Located across from Papago Park and within walking distance of Tempe Town Lake Marina, offering easy access to recreation, dining, and entertainment for a true urban lifestyle.

700 E Mesquite Circle Unit P114, Tempe

$142,000

3 Beds ⋅ 2 Baths ⋅ 7088917 MLS

10,000 Seller concession available with an acceptable offer! Beautiful 3 bedrooms and 2 bath home move-in ready in all age community and pet friendly is a must see! Offering a bright, open floor plan with new carpet and fresh paint throughout. The gorgeous kitchen features modern stainless steel appliances, quartz countertops, and freshly paint cabinets. The home comes with central AC to keep the home cool and comfortable on the heat season. Chaparral Village community offers clubhouse, playgrounds, volleyball court, basketball court, soccer field, swimming pool, and billiard room perfect for fun and relaxation.

400 W Baseline Road Unit 124, Tempe

$249,700

2 Beds ⋅ 1 Baths ⋅ 7085673 MLS

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. HOA covers the yard, roof, and water. Enjoy a spacious green area out front, a private back patio, assigned parking just steps from the back gate, and no neighbors directly to the south. The nearby canal is perfect for walking, jogging, or biking, and the community pool is seconds away. Inside: walk-in pantry, generous closets, cushioned Luxury Vinyl Plank flooring, and all appliances included, including a recently replaced refrigerator and washer. Resident RV parking available. Prime South Tempe location near Chandler, golf, YMCA, shopping, dining, US-60, Loop 101, and ASU.

952 E Diamond Drive, Tempe

$240,000

2 Beds ⋅ 1 Baths ⋅ 7084968 MLS

Check out this lovely 2 bed, 1 bath patio home now for sale in Brentview! Discover a spacious living area w/elegant wood-look flooring and neutral palette throughout, perfect for entertaining. The eat-in kitchen comes equipped w/ample cabinetry, a pantry, stainless steel appliances, track lighting, and butcher block counters. Sizeable bedrooms w/mirrored closets promise you and your loved ones a good night's sleep! Also including assigned carport parking and access to the Community's sparkling blue pool, this home is sure to be the home you've been looking for! Act now before it's gone!

3031 S Rural Road Unit 41, Tempe

$235,000

2 Beds ⋅ 2 Baths ⋅ 7084170 MLS ⋅ 1,037 SqFt.

Updated single-level townhouse offering 2 bedrooms, 2 baths & easy, low-maintenance living. Vaulted ceilings create a bright, open feel, while recent improvements include newer HVAC (2024), flooring, water heater & washer/dryer. Enjoy a private fenced back patio, perfect for relaxing or entertaining. The community offers a refreshing pool, and the HOA fee covers roof repairs/replacement, blanket insurance, water, sewer, trash, common areas & street maintenance. Conveniently located near ASU, Sky Harbor Airport, the Loop 101, and a wide variety of restaurants, shopping & entertainment. An ideal primary residence, lock-and-leave retreat or investment opportunity!

904 S Melody Lane, Tempe

$35,000

2 Beds ⋅ 2 Baths ⋅ 7084046 MLS

Welcome home to active 55+ living in the heart of Tempe! This beautifully updated 2-bed, 2-bath home is move-in ready and full of upgrades. The kitchen sparkles with new countertops and brand-new appliances, while updated flooring, fresh paint, and new blinds flow throughout. Both baths feature new toilets and a modern vanity. A newer AC and water heater add peace of mind. Unwind on the new deck with custom porch shades for privacy and shade. Side-by-side double parking and a storage shed add everyday ease. This gated community offers a clubhouse, pool, spa, fitness center, and social activities, just 2 miles from shopping and dining.

2401 W Southern Avenue Unit 336, Tempe

$245,000

2 Beds ⋅ 2 Baths ⋅ 7083834 MLS

Move-in ready, Bright 2 bed, 2 bath condo in a prime Tempe location is perfect for ASU students, investors or commuters seeking low-maintenance living with exceptional convenience. This inviting first-floor condo features large private patio great for relaxing & entertaining. Inside, you'll find tile floors & ceiling fans throughout. Living Room has double doors to extended private patio. The large primary suite offers 2 walk-in closets, ensuite bathroom & door to patio. Bedroom 2 also has a walk-in closet. Your galley-style kitchen is designed for both function and style, complete with granite countertops, stainless steel appliances, and ample counters & cabinets. In addition to stackable washer/dryer closet there are 2 additional in-unit closets-one at entry & one pantry style storage. There's also a locking storage closet outside with room for bikes/other items. Enjoy the large community pool and beautifully maintained grounds. Parking is easy with your two covered parking spaces (11&12) located across from your unit+guest spaces. Close to ASU, major freeways (Loop 101, Loop 202, I-10 and US-60), shopping, dining & entertainment venues including Tempe Market Place & Gammage. This is a great opportunity to own a condo that's close to ASU, freeways for easy access to almost anywhere you want to go & Phoenix Sky Harbor Airport is about a 15-20 minute drive. All of this at a price you'll find fair, reasonable and affordable.

151 E Broadway Road Unit 103, Tempe

$129,900

3 Beds ⋅ 2 Baths ⋅ 7083424 MLS ⋅ 1,344 SqFt.

IMMENSE PRIDE OF OWNERSHIP*GROUND SET*2018 CAVCO 24X56=1344 SQ FT,LOCATED FACING THE AMENITIES,POOL,PICKLEBALL COURTS(COMING SOON)AND GUEST PARKING,NORTH/SOUTH EXPOSURE,RECENTLY PROFESSIONALLY LEVELED & EXTERIOR PAINTED,UPDATED LVP FLOORING THROUGHOUT,NEWER BUTCHER BLOCK KITCHEN COUNTERTOPS,MASTER BATHROOM DUAL SINKS/VANITY,MASTER BEDROOM WALK IN CLOSET,WATER SOFTNER AND RO SYSTEM,BEAUTIFUL GARDEN AND GAZEBO,WORKSHOP/SHED,Lot rent $1080.00 MO,RENTALS OK,55+ retirement gated mobile home community with a plethora of organized activities, nice billiard facilities, spacious clubhouse, scenic picnic area, and a whirlpool-spa-hot tub. Shuffleboard,swimming pool also offer you opportunities to get out socialize with your neighbors. Just mins away from shopping, dining and Sky Harbor Airport.

2401 W Southern Avenue Unit 229, Tempe

$250,000

2 Beds ⋅ 2 Baths ⋅ 7082771 MLS ⋅ 838 SqFt.

Welcome to Unit #207 at Lake Point Village -- a well located condo in the heart of Tempe near ASU, Tempe Town Lake, shopping, dining, and freeway access. This upstairs unit offers a functional layout and low-maintenance living with a community pool conveniently located nearby. Ideal opportunity for investors or future owner-occupants. Tenant occupied -- tenant rights apply. Please do not disturb tenant.

330 S Beck Avenue Unit 207, Tempe

$75,000

2 Beds ⋅ 2 Baths ⋅ 7082654 MLS ⋅ 1,040 SqFt.

New roof and new AC in 2023!!! New wood look floors throughout and a fireplace to gather around. Quartz countertops with contemporary lighting over kitchen island with recessed lighting throughout the home. Handicap accessible ramp install installed in 2025. Master bath updated to step in to. Front loader, washer, and dryer convey With Refrigerator. Main entry side is fully covered and offers recently built in scooter ramp. 55+ community offers gorgeous community clubhouse with large annex area for functions with stage and dance floor. Gourmet kitchen, Pickleball, Game room, open Gym, Library, Dog Park, heated pool and inside spa with tennis courts and a guarded gated entrance. Great community and ready for move in today!

2609 W Southern Avenue Unit 41, Tempe

$230,000

3 Beds ⋅ 2 Baths ⋅ 7081366 MLS ⋅ 961 SqFt.

Look no further! This charming ground-level townhome is fully detached in The Oaks is the one! Featuring 3b 2b and an inviting front patio. Inside, you'll find abundant natural light, wood-look tile floors, & a spacious living area. Fresh interior paint, new outlets, switches, toilets, front door AC vents, etc. Further in, the eat-in kitchen is equipped with white cabinetry & appliances. The perfectly sized main bedroom includes a walk-in closet and a private bath w/tiled shower. The additional bedrooms offer soft new carpet and ample closet space. Ideal as a starter home! Enjoy a community pool & spa and biking/walking paths, plus convenient access to light rail, Loop 101 & Loop 202, minutes from ASU, Tempe Marketplace, shopping & dining. Move-in ready! Washer, Dryer, Frig can stay

2663 E Silk Oak Drive, Tempe

$93,100

2 Beds ⋅ 2 Baths ⋅ 7078758 MLS ⋅ 1,500 SqFt.

Best lot for this beautifully updated double-wide home in the desirable Sage Point 55+ Community! Offering approximately 1,700 sq ft with 2.5 bedrooms and 2 baths, this spacious home is move-in ready. Inside, you'll find very large indoor and outdoor living spaces. Home has lvp flooring, primary bath featuring a newer walk-in shower with safety bars. Additional There's plenty of storage both inside and out, including a storage shed. The corner lot is steps to the pool, parking, dog park area and there is ample room for pets and gardening. VERY spacious lot.

2727 E University Drive Unit 103, Tempe

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.