85018 Homes under $500,000

Welcome to the vibrant and eclectic neighborhood of Phoenix, AZ, nestled within the zip code 85018! This charming area is part of Maricopa County and boasts a unique blend of urban convenience and suburban tranquility. Known for its picturesque mountain views and warm desert climate, 85018 is a haven for those seeking an active lifestyle, with easy access to hiking trails, parks, and a variety of outdoor activities.

One of the standout features of this neighborhood is its diverse real estate market, particularly for homebuyers seeking properties under $500,000. In 85018, you'll discover an array of charming homes, from cozy bungalows to modern townhouses, all offering great value for your investment. This budget-friendly price point opens the door for first-time homebuyers, young families, and anyone looking to make the most of their real estate journey in Phoenix.

Living in 85018 means enjoying a vibrant community atmosphere with a plethora of local shops, restaurants, and cultural attractions just around the corner. The area is well-connected, with easy access to major highways and public transportation, making commuting a breeze. Plus, the lively downtown Phoenix is just a short drive away, offering endless entertainment options, from sports events to art galleries.

Whether you’re drawn to the stunning desert landscapes or the welcoming community spirit, 85018 is an ideal place to call home. Explore the available homes under $500,000 and discover the perfect sanctuary that fits your lifestyle and budget in this dynamic Phoenix neighborhood!

Newest 85018 Homes under $500,000

$409,000

2 Beds ⋅ 2 Baths ⋅ 7095499 MLS ⋅ ACTIVE Status ⋅ 0.03 Acres ⋅ 85018 Zip Code ⋅ 1,277 SqFt.

Welcome to Meridian Condos. Steps to all The Biltmore area has to offer, this lovely 2 bedroom condo is perfect! Stunning tile floor throughout and fresh, neutral paint. The kitchen features all the must haves including a stainless steel fridge and a walk-in pantry that doubles as a in-unit laundry room. Washer and dryer included. The family room boasts a fireplace and a quiet patio overlooking a courtyard. The primary suite features a large bedroom, walk-in closet and a full bath. A second bedroom offers access to the patio. The complex features grills, a pool, jacuzzi, clubhouse and workout area. Two garage parking spots included. Easy gate access to the shopping center next door that features many dining & retail options.

5104 N 32nd Street Unit 324, Phoenix

$215,000

2 Beds ⋅ 1 Baths ⋅ 7094710 MLS ⋅ ACTIVE Status ⋅ 85018 Zip Code ⋅ 848 SqFt.

Location, convenience, and comfort come together in this beautifully maintained Phoenix condo! Ideally situated in a desirable central location, this inviting residence offers easy access to Scottsdale, Arcadia, Downtown Phoenix, shopping, dining, entertainment, and major freeways. Step inside to discover a spacious, open-concept living area featuring tile flooring, abundant natural light, and a warm, welcoming atmosphere. The kitchen offers granite countertops, beautiful wood cabinetry, stainless steel appliances, a breakfast bar with seating, and plenty of storage. The adjoining dining and living areas create a comfortable space for everyday living and entertaining, while sliding glass doors lead to a private covered balcony, perfect for enjoying Arizona's beautiful weather. The bedrooms offer comfortable retreats, while the bathroom features granite countertops, updated fixtures, and generous cabinet storage. Enjoy the community amenities, including a sparkling swimming pool, relaxing spa, clubhouse with a fireplace and gathering areas, and beautifully maintained common spaces.

5525 E Thomas Road Unit P8, Phoenix

$165,000

1 Beds ⋅ 1 Baths ⋅ 7088208 MLS ⋅ ACTIVE Status ⋅ 0.02 Acres ⋅ 85018 Zip Code ⋅ 702 SqFt.

Stylish Arcadia-Area Living in a Gated Community! Welcome home to this beautifully refreshed 1br, 1ba condo in one of Phoenix's most convenient and desirable areas. Fresh interior paint and attractive tile flooring create a bright, clean, move-in-ready feel. The inviting kitchen features granite countertops and ample cabinet space, making it both functional and welcoming. Enjoy a community pool and grilling area, and your own covered parking space. HOA fee includes all utilities except cable and phone. The location is hard to beat--just minutes from Arcadia's popular restaurants and shopping, Downtown Phoenix, Sky Harbor International Airport, major freeways, and many of the Valley's most popular destinations.

3416 N 44th Street Unit 32, Phoenix

3637 E Monterosa Street Unit 17, Phoenix

$350,000

2 Beds ⋅ 2 Baths ⋅ 7087889 MLS ⋅ ACTIVE Status ⋅ 0.04 Acres ⋅ 85018 Zip Code ⋅ 1,256 SqFt.

Welcome to easy, low-maintenance living in the heart of Arcadia Lite! This updated, single-level 2 bed, 2 bath condo on the second floor offers 1,256 SF with wood-look porcelain tile throughout, granite countertops, stainless steel appliances and updated bathroom vanities. Newer AC and water heater add peace of mind, while the spacious floor plan offers comfortable, move-in-ready living. Step outside and enjoy some of Phoenix's best restaurants, coffee shops, bars, parks and the canal nearby. Just minutes from the Biltmore, Old Town Scottsdale, Uptown Phoenix and Sky Harbor Airport, this is an incredible opportunity to own in one of Central Phoenix's most desirable locations.

3637 E Monterosa Street Unit 17, Phoenix

$275,000

3 Beds ⋅ 2 Baths ⋅ 7087658 MLS ⋅ ACTIVE Status ⋅ 0.02 Acres ⋅ 85018 Zip Code ⋅ 1,050 SqFt.

Welcome to this beautifully updated 3-bedroom, 2-bathroom single-level corner unit in a gated Phoenix community! With no neighbors above or below, this home offers comfortable, low-maintenance living in a prime location. Inside, you'll find tile flooring throughout, an updated kitchen with stone countertops and stainless steel appliances, and a spacious primary suite with a tiled walk-in shower. Enjoy a private back patio, newer dual-pane windows, covered parking, community pool, fitness center, and lush landscaping. Conveniently located near Arcadia and the Biltmore with easy access to Old Town Scottsdale, Downtown Phoenix, shopping, dining, hiking, entertainment, and major freeways!

3402 N 32nd Street Unit 163, Phoenix

$385,898

2 Beds ⋅ 2 Baths ⋅ 7087372 MLS ⋅ ACTIVE Status ⋅ 0.03 Acres ⋅ 85018 Zip Code ⋅ 1,135 SqFt.

If location and convenience are high on your list, this spot along Camelback Road in Arcadia is tough to beat! From here, you are minutes from the Biltmore, Wrigley Mansion, Buck & Rider, Chelsea's Kitchen, and an excellent mix of local restaurants, shopping, and entertainment. Old Town Scottsdale, Tempe, and ASU are also an easy drive, while Phoenix Sky Harbor Airport is about 15 minutes away. Inside, this fully furnished condo has been tastefully renovated including new laminate flooring, bathrooms, kitchen appliances and tile, and interior paint providing a clean, comfortable feel. The in- unit washer and dryer make everyday life easier, and you also have a covered parking space. The back patio has turf, giving you your own outdoor area without a lot of upkeep. The community offers a pool and hot tub, grills with a patio area, and walking paths for getting outside without leaving home. The HOA fee is another standout feature because it includes all utilities and allows short term rentals!. Whether you are looking for an investment property, a lock-and-leave option, or a place to call home, this home is sure to check all your boxes!

4201 E Camelback Road Unit 41, Phoenix

$314,999

2 Beds ⋅ 2 Baths ⋅ 7086675 MLS ⋅ ACTIVE Status ⋅ 0.02 Acres ⋅ 85018 Zip Code ⋅ 936 SqFt.

Stylish 2-bedroom, 1.5-bath home in a central Phoenix location with convenient access to Arcadia, the Biltmore, Downtown Phoenix, Old Town Scottsdale and Sky Harbor Airport. The interior features exposed brick, skylights, abundant natural light and an updated kitchen with white cabinetry, stainless steel appliances and open shelving. A folding-door wall offers flexibility between the second bedroom and living area. Enjoy a private patio, community pool and lush green grounds throughout the community. AC unit is only a few years old, and the home is close to dining, shopping and convenient freeway access.

3046 N 32nd Street Unit 338, Phoenix

$310,000

2 Beds ⋅ 2 Baths ⋅ 7085119 MLS ⋅ ACTIVE Status ⋅ 0.03 Acres ⋅ 85018 Zip Code ⋅ 1,184 SqFt.

Fantastic ground-level condo in the gated Arcadia Residences community! This beautifully updated and well-maintained home features an open floor plan, private covered patio, and fully updated kitchen and bathrooms. You'll love the spacious floor plan, showcasing a designated dining area, open-concept living room, and beautifully updated kitchen. Both generously sized bedrooms in this split floor plan offer ample closet space, complemented by two full, updated bathrooms. ADDED BONUS! Arcadia Residences is currently undergoing major community upgrades! Enjoy resort-style amenities, including a heated pool, spa, golf simulator room, and more. This move-in-ready condo offers the perfect combination of comfort, style and low-maintenance living-all within a gated community in a premier location.

3825 E Camelback Road Unit 122, Phoenix

$445,000

2 Beds ⋅ 2 Baths ⋅ 7084533 MLS ⋅ ACTIVE Status ⋅ 0.03 Acres ⋅ 85018 Zip Code ⋅ 1,277 SqFt.

Absolutely charming condo in the heart of all of the action and walking to loads of restaurants and retail! Great refresh in 2025 including gorgeous quartz counters in the kitchen and both baths, new kitchen sink and faucet, all new stainless appliances and beautiful new paint palette making the home feel light and bright. Authentic wood floors throughout living spaces and primary bedroom. Best location in the Meridian on the top floor with a gate to the Safeway plaza so you can walk over for dinner, coffee and groceries. One garage spot and visitor parking very close. Good storage on the balcony. Beautiful grounds including a gorgeous pool, jacuzzi, workout room, clubhouse. Hard to find all of these amenities in a perfect lock and leave home. Come take a look at this Arcadia Treasure!

5104 N 32nd Street Unit 444, Phoenix

3619 E Monterosa Street Unit 108, Phoenix

$350,000

2 Beds ⋅ 2 Baths ⋅ 7083938 MLS ⋅ ACTIVE Status ⋅ 0.03 Acres ⋅ 85018 Zip Code ⋅ 1,046 SqFt.

Beautifully updated first-floor condo in the heart of Arcadia Lite! This 2-bedroom, 2-bath home features gorgeous LVP flooring throughout, fresh interior paint, granite countertops, stainless steel appliances, travertine showers, and a wet bar with wine fridge. Enjoy a beautiful community pool, laundry facilities, and inviting sitting areas. Charming cafes, dining, shopping, and fitness studios are all just steps away. Perfectly situated between Arcadia and the Biltmore, with easy access to Scottsdale and Central Phoenix. Vacation-rental friendly, making this an excellent option for a primary residence, second home, or Airbnb investment.

3619 E Monterosa Street Unit 108, Phoenix

$195,000

1 Beds ⋅ 1 Baths ⋅ 7082608 MLS ⋅ ACTIVE Status ⋅ 0.02 Acres ⋅ 85018 Zip Code ⋅ 796 SqFt.

Discover comfort and convenience in this spacious 1-bedroom, 1-bath ground-floor condo in the desirable Lower Arcadia area. Ideally located just minutes from Sky Harbor Airport, Old Town Scottsdale, Tempe, and Downtown Phoenix, this home offers easy access to the Valley's best dining, shopping, and entertainment. The generously sized bedroom features a walk-in closet for ample storage. Enjoy the privacy of an interior location with convenient access to the community's heated pool, spa, fitness room, and clubhouse. A great blend of comfort, amenities, and location!

5525 E Thomas Road Unit R11, Phoenix

$315,000

2 Beds ⋅ 1 Baths ⋅ 7082550 MLS ⋅ ACTIVE Status ⋅ 0.03 Acres ⋅ 85018 Zip Code ⋅ 928 SqFt.

Welcome Home! This end unit, located in the highly sought after Spanish Gardens community in Arcadia Lite, is THE most desirable condo in the community. This 2-bedroom, 1-bath home offers style, comfort, and an unbeatable location with having a corner lot. The completely open kitchen features a large island, stainless steel appliances, shaker cabinetry with soft-close drawers, and granite countertops, all opening to the main living space. Travertine flooring runs throughout, and the primary suite includes a spacious walk-in closet. Full-sized washer & dryer on premises! Natural light fills the home and flows out to a private patio. Enjoy lush grounds, fountains, green space, and two community pools, all just minutes from the Biltmore, Downtown Phoenix, and Sky Harbor.

3002 N 32nd Street Unit 17, Phoenix

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85018 Homes under $500,000

Newest 85018 Homes under $500,000

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