Cheap homes for sale & real estate in Central Phoenix, AZ

560 homes

Sort:

Recommended

HOT HOME

ABOUT THIS HOME
Cheap Home for sale in Central Phoenix, AZ:
CASH BUYERS ONLY: High-Potential 4-Bed Value Add! Unlock incredible equity in this solid block-construction home in the heart of Phoenix! Boasting over 1,500 sq. ft. , this 4-bedroom, 2-bath layout features a massive bonus room and a kitchen packed with cabinet space. Situated on a 6,000+ sq. ft. lot with two large storage sheds and covered parking, it is the perfect canvas for a fix-and-flip or a high-yield rental. Unbeatable location near hospitals, shopping, and major transit—bring your toolbelt and seize this opportunity before the 1/5/26 offer deadline!

$199,900

4 beds2 baths1,533 sq ft

4431 N 50th Dr, Phoenix, AZ 85031

Massive bonus room • Covered parking • 6,050 sq ft lot

NEW 16 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Central Phoenix, AZ:
This beautiful open concept one bedroom condo is located in a highly desired gated community of La Terraza in BILTMORE Corridor. Ground-floor-flat, NO interior steps & direct-access to a one-car garage. New paint and updated flooring. Only a couple of blocks aways from the heart of Biltmore entertainment district, upscale shopping and restaurants. Full-size washer and dryer included inside the unit. Water, sewer & garbage collection are included in the rent. La Terraza is a life style community and offers impressive many amenities. You will love living here!

$329,000

1 bed1 bath850 sq ft

4644 N 22nd St #1017, Phoenix, AZ 85016

Gated community • $287 HOA • Garage

NEW 27 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Central Phoenix, AZ:
Welcome To Dakota at Camelback - Gated, Resort Style Living Near The Biltmore Area of Phoenix. Well Cared For, Top Floor Condo, Features 2 Bed 2 Bath, Laminate Wood & Tile Flooring Throughout, Open Airy Ceiling In Living Area, Dedicated Dining Area Off Kitchen, Granite Countertops and Stainless Steel Appliances. Primary En-Suite Has Shower-Tub Combo With Sliding Glass Door & Oversized L-Shaped Closet. Main Bathroom Updated With Walk-In Shower & Glass Door. NEW: Windows (2020) - AC-Air Handler (2020) - Washer & Dryer (2020) - Water Heater (2021) - Interior Paint (2025)- Enjoy The AZ Sunsets on West Facing Covered Patio Upgraded with Roll-Up Sun Shade. Amenities: 2 Com

$285,555

2 beds2 baths1,006 sq ft

2025 E Campbell Ave #309, Phoenix, AZ 85016

Resort style living • Granite countertops • Top floor condo

NEW 24 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in Central Phoenix, AZ:
This efficient studio apartment features hardwood floors, an open living and sleeping space, a functional kitchen area, and a private bath. Located near SR-51, it's an ideal lock-and-leave option for traveling professionals, commuters, first-time buyers, or investors seeking a low-maintenance rental in a convenient Phoenix location.

$129,900

1 bed1 bath411 sq ft

4224 N 12th St #209, Phoenix, AZ 85014

Private bath • Hardwood floors • $239 HOA

ABOUT THIS HOME
Cheap Home for sale in Central Phoenix, AZ:
Don't miss out on this great opportunity to own this unit in centrally located gated community. Close to the light rail for a quick hop to all the fun downtown Phoenix has to offer. Close to schools, groceries, banks, entertainment and fun restaurants/boutiques at the nearby Melrose district. Bring your imagination/style and make this your own oasis. Price reflects some updates needed. Don't miss out!

$229,900

2 beds2 baths929 sq ft

740 W Elm St #160, Phoenix, AZ 85013

Gated community • Close to schools • Close to light rail

Property at 1917 E Pinchot Ave, Phoenix, AZ 85016, 3 beds, 1 bath

$299,999

3 beds1 bath1,332 sq ft

1917 E Pinchot Ave, Phoenix, AZ 85016

Property at 5207 N Black Canyon Hwy #18, Phoenix, AZ 85015, 3 beds, 2 baths

$94,900

3 beds2 baths1,056 sq ft

5207 N Black Canyon Hwy #18, Phoenix, AZ 85015

Property at 4342 W Encanto Blvd, Phoenix, AZ 85035, 4 beds, 3 baths

$289,900

4 beds3 baths1,512 sq ft

4342 W Encanto Blvd, Phoenix, AZ 85035

Property at 1225 N 36th St #2043, Phoenix, AZ 85008, 2 beds, 2 baths

$299,000

2 beds2 baths1,206 sq ft

1225 N 36th St #2043, Phoenix, AZ 85008

Property at 2014 W Lawrence Rd, Phoenix, AZ 85015, 3 beds, 3.5 baths

$429,990

3 beds3.5 baths1,729 sq ft

2014 W Lawrence Rd, Phoenix, AZ 85015

Property at 4031 W Denton Ln, Phoenix, AZ 85019, 4 beds, 2 baths

$425,000

4 beds2 baths1,715 sq ft

4031 W Denton Ln, Phoenix, AZ 85019

Property at 4201 E Camelback Rd #51, Phoenix, AZ 85018, 2 beds, 2 baths

$339,000

2 beds2 baths1,135 sq ft

4201 E Camelback Rd #51, Phoenix, AZ 85018

Property at 5350 N Central Ave #30, Phoenix, AZ 85012, 2 beds, 2.5 baths

$390,000

2 beds2.5 baths1,188 sq ft

5350 N Central Ave #30, Phoenix, AZ 85012

Property at 3213 N 49th Ln, Phoenix, AZ 85031, 3 beds, 2 baths

$362,500

3 beds2 baths1,305 sq ft

3213 N 49th Ln, Phoenix, AZ 85031

Property at 3823 W Lawrence Rd, Phoenix, AZ 85019, 3 beds, 2 baths

$355,000

3 beds2 baths1,421 sq ft

3823 W Lawrence Rd, Phoenix, AZ 85019

Property at 5207 N 24th St #201, Phoenix, AZ 85016, 2 beds, 2 baths

$445,000

2 beds2 baths1,073 sq ft

5207 N 24th St #201, Phoenix, AZ 85016

Property at 6316 N 23rd Ave, Phoenix, AZ 85015, 3 beds, 2 baths

$380,000

3 beds2 baths1,467 sq ft

6316 N 23rd Ave, Phoenix, AZ 85015

Property at 1840 E Morten Ave #140, Phoenix, AZ 85020, 2 beds, 2 baths

$264,999

2 beds2 baths1,060 sq ft

1840 E Morten Ave #140, Phoenix, AZ 85020

Property at 535 W Thomas Rd #405, Phoenix, AZ 85013, 1 bed, 1 bath

$300,000

1 bed1 bath817 sq ft

535 W Thomas Rd #405, Phoenix, AZ 85013

Property at 4107 W Wonderview Rd, Phoenix, AZ 85019, 3 beds, 1 bath

$220,000

3 beds1 bath1,005 sq ft

4107 W Wonderview Rd, Phoenix, AZ 85019

Property at 7126 N 19th Ave #222, Phoenix, AZ 85021, 2 beds, 1.5 baths

$149,999

2 beds1.5 baths1,248 sq ft

7126 N 19th Ave #222, Phoenix, AZ 85021

Property at 2621 W Mariposa St, Phoenix, AZ 85017, 3 beds, 1.5 baths

$239,000

3 beds1.5 baths1,319 sq ft

2621 W Mariposa St, Phoenix, AZ 85017

Property at 2810 N 29th Pl, Phoenix, AZ 85008, 3 beds, 2 baths

$300,000

3 beds2 baths1,351 sq ft

2810 N 29th Pl, Phoenix, AZ 85008

Property at 3402 N 32nd St #163, Phoenix, AZ 85018, 3 beds, 2 baths

$325,000

3 beds2 baths1,050 sq ft

3402 N 32nd St #163, Phoenix, AZ 85018

Property at 4112 W Pasadena Ave, Phoenix, AZ 85019, 4 beds, 2 baths

$295,000

4 beds2 baths1,512 sq ft

4112 W Pasadena Ave, Phoenix, AZ 85019

Property at 7126 N 19th Ave #169, Phoenix, AZ 85021, 2 beds, 1.5 baths

$199,999

2 beds1.5 baths1,248 sq ft

7126 N 19th Ave #169, Phoenix, AZ 85021

Property at 4750 N Central Ave Unit N6, Phoenix, AZ 85012, 1 bed, 1 bath

$166,000

1 bed1 bath702 sq ft

4750 N Central Ave Unit N6, Phoenix, AZ 85012

Property at 1805 N 16th St, Phoenix, AZ 85006, 3 beds, 1 bath

$375,000

3 beds1 bath1,222 sq ft

1805 N 16th St, Phoenix, AZ 85006

Property at 3416 N 44th St #10, Phoenix, AZ 85018, 2 beds, 2 baths

$249,999

2 beds2 baths1,044 sq ft

3416 N 44th St #10, Phoenix, AZ 85018

Property at 4750 N Central Ave Unit 14P, Phoenix, AZ 85012, 1 bed, 1 bath

$164,800

1 bed1 bath702 sq ft

4750 N Central Ave Unit 14P, Phoenix, AZ 85012

Property at 2214 N 24th Pl, Phoenix, AZ 85008, 3 beds, 2 baths

$375,000

3 beds2 baths1,442 sq ft

2214 N 24th Pl, Phoenix, AZ 85008

Property at 1251 E Maryland Ave Unit A, Phoenix, AZ 85014, 2 beds, 2 baths

$280,000

2 beds2 baths1,152 sq ft

1251 E Maryland Ave Unit A, Phoenix, AZ 85014

Property at 6125 E Indian School Rd #283, Scottsdale, AZ 85251, 1 bed, 1 bath

$192,000

1 bed1 bath519 sq ft

6125 E Indian School Rd #283, Scottsdale, AZ 85251

Property at 4251 W Rose Ln, Phoenix, AZ 85019, 4 beds, 2 baths

$383,500

4 beds2 baths1,806 sq ft

4251 W Rose Ln, Phoenix, AZ 85019

Property at 4019 W San Miguel Ave, Phoenix, AZ 85019, 4 beds, 3 baths

$414,980

4 beds3 baths2,312 sq ft

4019 W San Miguel Ave, Phoenix, AZ 85019

Property at 4515 N Phoenician Pl E #7707, Phoenix, AZ 85018, 3 beds, 2.5 baths

$175,000

3 beds2.5 baths2,560 sq ft

4515 N Phoenician Pl E #7707, Phoenix, AZ 85018

Property at 4022 W Glenn Dr, Phoenix, AZ 85051, 4 beds, 2 baths

$399,900

4 beds2 baths1,620 sq ft

4022 W Glenn Dr, Phoenix, AZ 85051

Property at 3801 W Montebello Ave, Phoenix, AZ 85019, 3 beds, 1.5 baths

$293,000

3 beds1.5 baths1,394 sq ft

3801 W Montebello Ave, Phoenix, AZ 85019

Property at 4750 N Central Ave Unit 3J, Phoenix, AZ 85012, 1 bed, 1 bath

$165,000

1 bed1 bath788 sq ft

4750 N Central Ave Unit 3J, Phoenix, AZ 85012

Property at 3613 W Missouri Ave, Phoenix, AZ 85019, 3 beds, 2 baths

$325,000

3 beds2 baths1,414 sq ft

3613 W Missouri Ave, Phoenix, AZ 85019

Property at 2201 N Central Ave Unit 5-E, Phoenix, AZ 85004, 2 beds, 2 baths

$372,500

2 beds2 baths1,250 sq ft

2201 N Central Ave Unit 5-E, Phoenix, AZ 85004

Viewing page 1 of 14

Cheap Homes for Sale in Central Phoenix

There are currently 560 cheap homes for sale in Central Phoenix at a median listing price of $499K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Central Phoenix stay on the market for 80 days and receive 4 offers. Popular neighborhoods include North Phoenix, South Phoenix, Old Town, Arcadia, and Biltmore. This map is refreshed with the newest listings in Central Phoenix every 15 minutes.

In the past month, 262 homes have been sold in Central Phoenix. In addition to houses in Central Phoenix, there were also 417 condos, 387 townhouses, and 47 multi-family units for sale in Central Phoenix last month. Find your dream home in Central Phoenix using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Central Phoenix are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Central Phoenix. If you're looking to sell your home in the Central Phoenix area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Central Phoenix with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

More real estate resources for Central Phoenix, AZ

Nearby Neighborhoods

Cities

Nearby Neighborhoods with Cheap Homes

Nearby Cities with Cheap Homes

More to explore in Central Phoenix, AZ

How to buy a house in Central Phoenix, AZ

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in Arizona

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.