Colorado Springs Homes under $500,000

Welcome to Colorado Springs, a vibrant city nestled at the foot of the breathtaking Rocky Mountains in El Paso County, Colorado. Known for its stunning natural beauty and an abundance of outdoor activities, Colorado Springs is a haven for nature lovers and adventure seekers alike. With iconic landmarks such as Pikes Peak and Garden of the Gods, residents can enjoy hiking, rock climbing, and breathtaking views right in their own backyard.

Not only does Colorado Springs offer a rich tapestry of outdoor experiences, but it also boasts a thriving community filled with cultural attractions, excellent schools, and a strong economy. This dynamic city is home to a diverse population and a variety of neighborhoods, making it an ideal place for families, young professionals, and retirees.

For those seeking affordable housing options, Colorado Springs offers a fantastic selection of homes under $500,000. Whether you’re looking for a charming single-family home, a cozy townhome, or a modern condo, there is something for everyone in this price range. Many of these homes feature spacious layouts, updated amenities, and beautiful outdoor spaces, perfect for enjoying the Colorado sunshine.

With its blend of natural beauty, community spirit, and affordable housing, Colorado Springs is not just a place to live; it’s a place to thrive. Explore the possibilities of making this enchanting city your home, and discover the perfect property that fits your lifestyle and budget. Your dream home in Colorado Springs awaits!

Newest Colorado Springs Homes under $500,000

$443,750

3 Beds ⋅ 2 Baths ⋅ 4617861 MLS

***Contact builder today about Special Financing for this home - terms and conditions apply** Anticipated Completion November 2026! Feel right at home in this beautiful Daisy ranch plan located in Percheron. Featuring 3 beds, 2 baths, great room, kitchen and 2 car garage. Beautiful upgrades and finishes throughout including luxury vinyl plank flooring, stainless steel appliances and more. The builder provides the latest in energy efficiency and state of the art technology with several fabulous floor plans to choose from. What some builders consider high-end upgrades, this builder makes a standard inclusion. Percheron offers single family homes for every lifestyle. Close to dining, shopping, entertainment and other amenities. Come see what you have been missing today! Welcome home!

9252 Simmental Way, Colorado Springs

Courtesy of RE/MAX Professionals . tomrman@aol.com,303-910-8436

$443,750

3 Beds ⋅ 2 Baths ⋅ 4617861 MLS

9252 Simmental Way, Colorado Springs

Listing courtesy of Tom Ullrich.

tomrman@aol.com,303-910-8436

$414,900

3 Beds ⋅ 3 Baths ⋅ 8917046 MLS

Welcome to this well-maintained home featuring fresh interior paint and three spacious bedrooms, including a master suite complete with a luxurious soaking tub. The walk-in master closet provides ample storage space. Enjoy year-round comfort with brand new central air conditioning in this quiet community. The expansive family room is perfect for gatherings, while the private, fenced in back yard offers a serene outdoor retreat. The kitchen flows seamlessly into the living areas, making it ideal for entertaining. You will enjoy ample storage in the unfinished basement, and note the rough in for the basement bathroom should it ever be finished.

7752 Blue Vail Way, Colorado Springs

Courtesy of Pink Realty Inc. 719-888-7465

$265,000

3 Beds ⋅ 2 Baths ⋅ 4477792 MLS

Investor Special – Bring Your Vision and Make It Your Own! This 3-bedroom, 2-bathroom home with a 1-car garage offers an excellent opportunity for investors or buyers looking to build equity with some updating and personal touches. The front yard features low-maintenance xeriscaping, while the backyard offers gardening beds, an automatic sprinkler system, and a storage shed. Enjoy the outdoors from the covered wooden deck, perfect for relaxing or entertaining. The upper level features a living room, a combined dining room and kitchen, two bedrooms, and a full bathroom. The lower level offers a spacious family room with a wood-burning fireplace, a huge 10' x 22' bedroom, an updated 3/4 bathroom, and a dedicated laundry area. The heater and hot water heater were both replaced in August 2026, providing two important recent improvements. This home is ready for someone with vision to bring it back to life. While the property needs updating, it offers plenty of potential to customize and create a space that suits your style or investment goals. Bring your tools, roll up your sleeves, and make this home your own!

2548 Prescott Cir, Colorado Springs

Courtesy of Citadel Realty LLC. 719-266-6003

$315,000

4 Beds ⋅ 2 Baths ⋅ 2464115 MLS

Welcome to this well-maintained side-entry bi-level on a spacious 6300 square foot lot. This 1652 sf home offers 4 bedrooms, 2 baths, both a living room and family room, and a large eat in country kitchen. There is an attached single car garage and additional off-street parking for an additional vehicle. Close to schools and shopping, and an easy commute to both Ft. Carson and Peterson AFB.

4525 S Anjelina Cir, Colorado Springs

Courtesy of REMAX PROPERTIES. 719-548-8600

$437,000

4 Beds ⋅ 3 Baths ⋅ 8880888 MLS

Ranch-style home in Northglen Heights with four bedrooms, three bathrooms, and an attached two-car garage. The kitchen offers extensive cabinetry, stainless steel appliances, and generous counter space, with adjoining living and dining areas. Built-in shelving and closet storage add function. The main level includes three bedrooms and two baths, with an additional bedroom and bathroom in the partially finished basement. A main-level laundry area sits behind sliding barn doors. Outside, a covered patio overlooks the backyard.

4015 Valli Vista Rd, Colorado Springs

Courtesy of Opendoor Brokerage LLC. 480-462-5392

$383,000

3 Beds ⋅ 3 Baths ⋅ 8315291 MLS

Welcome to this well maintained end unit townhome located in a desirable gated community in a prime area of Colorado Springs. This spacious 3 bedroom home offers comfort, functionality, and exceptional amenities all in one. Inside, you will find an open layout featuring a separate dining area and a versatile loft space perfect for a home office or second living area. Central air conditioning provides year round comfort. The kitchen is equipped with a gas range and a new microwave, ideal for everyday living and entertaining. The washer and dryer are conveniently located near all bedrooms for added ease. The attached two car garage includes extra storage space, and convenient visitor parking is located nearby. As an end unit, the home offers added privacy. Residents enjoy access to fantastic community amenities including a pool, fitness center, pool table, and a reservable clubhouse space perfect for hosting parties and gatherings. Conveniently located near shopping, grocery stores, hospitals, schools, and everyday essentials, this home offers low maintenance living in one of Colorado Springs’ most accessible areas.

4766 Kerry Lynn Vw, Colorado Springs

Courtesy of The Cutting Edge. 719-999-5067

$375,000

4 Beds ⋅ 2 Baths ⋅ 9545947 MLS

Welcome to this beautifully maintained and well-loved home in the desirable Golf Club Acres neighborhood! Situated on a .18-acre lot, this charming property offers 4 bedrooms, 2 bathrooms, a versatile flex room, and a detached one-car garage. Enjoy peace of mind with major updates, including a brand-new roof being installed, plus a furnace and water heater replaced in 2025! Step inside to a bright and inviting main level featuring a spacious living and dining area filled with natural light. Beautiful arched doorways add character and charm throughout the home. The kitchen offers convenient walkout access to the backyard, perfect for enjoying Colorado's beautiful weather. Three bedrooms and a full bathroom complete the main level. Head downstairs to discover even more living space! The finished basement features a generously sized family room, a fourth bedroom, a full bathroom, laundry room, and additional storage. The spacious flex room offers endless possibilities, whether you envision a home office, gym, playroom, or hobby space! Step outside to a beautifully landscaped backyard filled with mature trees, lush greenery, and established plants that create a peaceful, private-feeling retreat. Whether you're relaxing, entertaining, or enjoying a quiet morning outdoors, this inviting space is sure to be a favorite! Two storage sheds and a detached one-car garage provide additional storage and functionality. Conveniently located near shopping, dining, Old Colorado City, I-25, and Palmer Park's extensive trail system, this home offers a wonderful combination of charm, comfort, and convenience.

1746 Palmer Park Blvd, Colorado Springs

Listing courtesy of Amy Kunce-Martinez.

Amy@TheCuttingEdgeRealtors.com,719-661-1199

$265,000

3 Beds ⋅ 1 Baths ⋅ 8766966 MLS

This one-story Colorado Springs home has over 900 sq ft of living space, with an eat-in kitchen that connects directly to the main living room. A wood stove anchors the living area, while windows bring light into the room. The kitchen includes counter space and room for a dining table beside a window. The single-level layout also has a hall bathroom and a laundry closet. Outside, a backyard extends behind the home, and an attached garage includes a workbench.

1136 Cambridge Ave, Colorado Springs

Courtesy of Opendoor Brokerage LLC. 480-462-5392

$399,000

2 Beds ⋅ 2 Baths ⋅ 4985142 MLS

Tucked away on a private cul-de-sac and backing to open space, this spacious 3,000+square-foot ranch-style townhome offers a wonderful blend of privacy, comfort, and versatility in an exceptionally convenient location near UCCS and the extensive hiking and biking trails of Palmer Park. Low maintenance living with an HOA that takes care of exterior paint, roof needs (new last year!) as well as landscaping, mowing, snow and trash removal. Fresh interior paint, all-new carpet, and refinished hardwood floors create a refreshed feel throughout. The open-concept main level connects the kitchen, dining area, and inviting living room, complete with a gas fireplace and access to a side patio. Two main-level bedrooms and two baths provide convenient single-level living, while the expansive primary suite is a true retreat, featuring a private deck overlooking the open space, a walk-in closet, and a beautifully updated five-piece bath with a soaking tub, separate shower, and dual vanity. The main level is completed with a laundry room that is attached to the two car garage. Downstairs, the fully finished basement offers an impressive amount of additional living space, with a huge recreation room, wet bar, abundant storage, and a roughed-in bath ready for future completion. Whether you envision a media room, game room, home gym, hobby space, additional bedroom(s) or a combination of uses, the lower level offers exceptional flexibility to suit your needs. Enjoy the peaceful setting, generous square footage, and easy access to campus, outdoor recreation, and everyday conveniences—all in one inviting home.

2251 Palm Dr Unit D, Colorado Springs

Courtesy of REMAX PROPERTIES. 719-548-8600

$375,000

4 Beds ⋅ 2 Baths ⋅ 9545947 MLS

Welcome to this beautifully maintained and well-loved home in the desirable Golf Club Acres neighborhood! Situated on a .18-acre lot, this charming property offers 4 bedrooms, 2 bathrooms, a versatile flex room, and a detached one-car garage. Enjoy peace of mind with major updates, including a brand-new roof being installed, plus a furnace and water heater replaced in 2025! Step inside to a bright and inviting main level featuring a spacious living and dining area filled with natural light. Beautiful arched doorways add character and charm throughout the home. The kitchen offers convenient walkout access to the backyard, perfect for enjoying Colorado’s beautiful weather. Three bedrooms and a full bathroom complete the main level. Head downstairs to discover even more living space! The finished basement features a generously sized family room, a fourth bedroom, a full bathroom, laundry room, and additional storage. The spacious flex room offers endless possibilities, whether you envision a home office, gym, playroom, or hobby space! Step outside to a beautifully landscaped backyard filled with mature trees, lush greenery, and established plants that create a peaceful, private-feeling retreat. Whether you’re relaxing, entertaining, or enjoying a quiet morning outdoors, this inviting space is sure to be a favorite! Two storage sheds and a detached one-car garage provide additional storage and functionality. Conveniently located near shopping, dining, Old Colorado City, I-25, and Palmer Park’s extensive trail system, this home offers a wonderful combination of charm, comfort, and convenience.

1746 Palmer Park Blvd, Colorado Springs

Courtesy of The Cutting Edge . Amy@TheCuttingEdgeRealtors.com,719-661-1199

$250,000

5 Beds ⋅ 2 Baths ⋅ 3707824 MLS

10 N Garland Ave, Colorado Springs

Courtesy of Circle Realty LLC. 719-576-2050

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Colorado Springs Homes under $500,000

Newest Colorado Springs Homes under $500,000

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