Colorado Springs Homes under $400,000

Welcome to Colorado Springs, a vibrant city nestled at the foot of the majestic Rocky Mountains in El Paso County, Colorado. Known for its stunning natural beauty and outdoor recreation opportunities, Colorado Springs is a haven for nature lovers and adventure seekers alike. With iconic landmarks like Pikes Peak and the Garden of the Gods, residents enjoy breathtaking views and year-round activities, from hiking and biking to skiing and rock climbing.

Beyond its natural allure, Colorado Springs boasts a rich history and a thriving cultural scene. The city is home to a variety of museums, art galleries, and theaters, providing residents with endless opportunities for entertainment and enrichment. The local community is warm and welcoming, making it easy for newcomers to feel right at home.

For those seeking affordable housing options, Colorado Springs offers a fantastic selection of homes under $400,000. This makes it an ideal destination for first-time homebuyers, families, and anyone looking to invest in a vibrant community without breaking the bank. From charming single-family homes to cozy townhouses, there’s something for everyone in this growing market.

With a strong job market, excellent schools, and a plethora of amenities, Colorado Springs is not just a place to live; it’s a place to thrive. Whether you’re drawn by the stunning landscapes, the friendly community, or the affordable housing options, Colorado Springs is ready to welcome you home. Explore the possibilities today and discover why so many are choosing to call this remarkable city their own!

Newest Colorado Springs Homes under $400,000

$345,000

3 Beds ⋅ 3 Baths ⋅ 1,595 SqFt. ⋅ ACTIVE Status

4139 Jericho Loop is a 1,627-square-foot Colorado Springs home built in 2021. The kitchen features a center island, quartz countertops, a walk-in pantry, and stainless steel appliances, creating a fully equipped space for cooking and entertaining. The primary bedroom includes a walk-in closet for convenient storage and organization. A dedicated laundry room adds interior utility. A patio extends the living space outdoors, flowing to a fully fenced backyard that creates ample room for relaxation and entertaining. Community amenities include a community center with fitness facilities, a game room, and a conference room. An attached garage completes this well-maintained residence with practical amenities and comfortable living spaces throughout every room.

4139 Jericho Loop, Colorado Springs

Courtesy of Opendoor Brokerage LLC. 480-462-5392

$250,000

2 Beds ⋅ 1 Baths ⋅ 827 SqFt. ⋅ ACTIVE Status

Historic home in Old Colorado City that has been occupied by family members since 1904 and is being sold "As Is" You enter this charming home through an arched gazebo with a perrenial garden on either side that has been lovingly cared for through the years. Up the stairs to the covered porch and swing. The main level has a large living room and an adjacent dining room that is light filled. This property has mixed use zoning, so the dining room could easily become an office/ shop, etc. There are a multitude of uses for this space and the entire home. The kitchen is off the dining room: Remodel to your liking! Outside the kitchen is a large storage room and onto the low maintenance yard with astro turf and another small garden shed. The basement is located down the stairs from the kitchen and has laundry hook ups. Upstairs we find two bedrooms off the hall and a full bath with a club foot tub/shower. There have been numerous upgrades: * New hot water heater in 2024* New smoke detectors, carbon monoxide alarms and video doorbell in 2024*New roof in 2025 with Class 4 Malarkey high impact hail resistant tile* Electrical upgrade in 2024* Exterior of home painted in 2022* Interior of home painted over a couple of years. Fabulous location! Close to both Old Colorado City shops, restaurants and parks, close to downtown Colorado springs as well. Wonderful opportunity to make this into a fantastic business or home!

16 S 13th St, Colorado Springs

Courtesy of ERA Shields Real Estate. 719-576-3600

$320,000

4 Beds ⋅ 4 Baths ⋅ 1,986 SqFt. ⋅ ACTIVE Status

This move-in ready 4-bedroom, 4-bath townhome is just minutes from Space Force, Amazon, Powers Blvd, and Milton Proby, with an easy commute to work and walking distance to the park. The spacious main level features fresh interior paint, new carpet, and a cozy gas fireplace. The eat-in dining area and kitchen have new luxury vinyl flooring, fresh paint, and open to the back of the home with two parking spaces. Upstairs, you’ll find new carpet and paint throughout, a master suite with private full bath, and a secondary bedroom also with its own full bath—perfect for roommates. The laundry room is conveniently located upstairs near the bedrooms. The finished basement includes two more bedrooms and a full bath, offering plenty of room to spread out. This home has space and comfort in all the right places!

5134 Dovetail Ln, Colorado Springs

Courtesy of Red White and Blue Realty Group Inc. (719) 425-2676

$385,000

3 Beds ⋅ 4 Baths ⋅ 2,326 SqFt. ⋅ ACTIVE Status

Short sale subject to lender approval and being sold AS-IS. Please note the home has noticeable odors, including mothball and pet odors. Built in 2020, this three-story carriage home in Banning Lewis Ranch offers 3 bedrooms, 4 baths, and 2,326 square feet. The main level has wood-look flooring and a semi-open layout centered on the kitchen, where you'll find granite counters, a large island with seating, a gas range, and a pantry. The adjoining dining area includes a built-in buffet with glass-front cabinets and a sliding door out to the deck. The living room features a built-in electric fireplace set in a floor-to-ceiling feature wall, surround sound speakers, and two large windows with transoms above. A half bath rounds out this floor. All three bedrooms are located on the upper level, along with the laundry room. The primary bedroom has its own bathroom with a walk-in shower and double sinks, plus a walk-in closet. The two additional bedrooms share a full hall bathroom. On the lower level, a bonus living area gives you extra space to work with, along with a second half bath and access to the attached 2-car garage. This level also walks out to the fenced, rocked, and easy to maintain backyard. Banning Lewis Ranch residents can enjoy the Ranch House pool, splash zone, and fitness center, along with parks and miles of trails throughout the neighborhood.

9180 Baltin Ct, Colorado Springs

Courtesy of HomeSmart. 719-634-8761

$315,000

2 Beds ⋅ 2 Baths ⋅ 1,216 SqFt. ⋅ ACTIVE Status

Welcome home to this beautiful 2-bedroom, 2-bath residence offering comfort, convenience, and easy main-level living in desirable southern Colorado Springs. Fresh interior paint, and included appliances make this home truly move-in ready. The thoughtfully designed floorplan features vaulted ceilings, abundant natural light, and a bright eat-in kitchen that creates a welcoming space for everyday living and entertaining. With accessibility in mind, the layout offers an easy, seamless flow throughout the main level. Step outside to enjoy your private rear patio—perfect for morning coffee, relaxing evenings, or enjoying Colorado’s beautiful seasons. The oversized unfinished basement provides an abundance of additional space for storage, hobbies, a workshop, or future expansion. Enjoy the benefits of low-maintenance living with the HOA taking care of exterior maintenance, allowing you more time to enjoy everything Colorado Springs has to offer. Conveniently located with quick access to Powers Boulevard, I-25, Fort Carson, Peterson Space Force Base, shopping, dining, and Colorado Springs Airport. Move-in ready, thoughtfully designed, and ideally located—this home is ready for its next chapter. Schedule your showing today. hurry hurry

5033 Rill Valley Way, Colorado Springs

Courtesy of The Innovative Group, LLC. 719-749-1744

$284,900

3 Beds ⋅ 1 Baths ⋅ 907 SqFt. ⋅ ACTIVE Status

Sweet home with stucco exterior and spacious yard, backing to green space adjoining school. Sweet kitchen with Corian-style solid counters, white cabinets, stainless appliances, newer microwave. New 10 x12 shed at back yard, pavestone patio, and quick growing vines can increase privacy if desired. Attached carport for smooth transfer of kids or groceries into home, as well as locking 4 x 12 storage closet. Recently uncovered and refinished hardwoods in main areas, hall, and bedrooms! New furnace in 2025 with added electrostatic precipitator; water heater 2023; more "accessible" shower 2023 with transferrable warranty; exterior doors and new storm door 2021. Near military establishments and quick access for easy commutes.

3 Otowi Dr, Colorado Springs

Courtesy of Springs Homes Inc. brooke@springshomes.com

$399,900

3 Beds ⋅ 2 Baths ⋅ 1,439 SqFt. ⋅ ACTIVE Status

Updated Home in Briargate! 3 bed, 2 bathroom home located in the sought-after Briargate neighborhood! This home features an open floorpan with high, vaulted ceilings. Lovely remodeled kitchen with granite counter tops and a gas range. New paint inside and out, new carpet, and stainless steel appliances! Enjoy a cozy living room with fireplace, and walk-out to a large, private backyard. Academy 20 School District: Frontier Elementary, Mountain Ridge Middle, and Rampart High.

3705 Brisbane Dr, Colorado Springs

Courtesy of LISTINGS.COM. 303-558-3100

$355,000

3 Beds ⋅ 4 Baths ⋅ 1,891 SqFt. ⋅ ACTIVE Status

Welcome to this beautiful end-unit town home located in the heart of Union Bluffs. The first thing you will see is the privacy provided by this unit, surrounded by trees and backing up to open community space. As you enter you are greeted with sprawling hard wood floors throughout the main level. The living room has vaulted ceilings and updated gas fireplace. Both the living room and dining room offer newer vinyl sliding glass doors with built in blinds and walk out to a 10X12 wood deck overlooking open the space. The kitchen is truly a work of art featuring high end LG stainless steel appliances, quartz countertops, tile backsplash, recessed lighting, accent under cabinet lighting, herring bone accent wall, and soft close two-tone cabinets. Upstairs you will find all three bedrooms. The primary suite is good sized and attached bath is updated in all the right places. Finaly once you enter the basement you will see a large family room that walks out to a concrete patio with just the right amount of privacy. Lots of updates throughout the home such as plush carpet, lighting, newer paint, etc. Set your showing today!

2044 Palm Dr, Colorado Springs

Courtesy of Muldoon Associates Inc. (719) 591-8332

$269,900

4 Beds ⋅ 2 Baths ⋅ 1,669 SqFt. ⋅ ACTIVE Status

Corner-lot bi-level in an established neighborhood with a convenient location. This four-bedroom, two-bath home offers a practical floor plan with living space on both levels. The main level includes a spacious living room, dining area, kitchen, two bedrooms, and a full bath, with access to the garage and back deck. The lower level provides two additional bedrooms, a second living area, laundry, and another full bath. One of the lower-level bedrooms could also work well as a home office, hobby room, or flex space. The bathrooms have seen some updates, including vanities, lighting, tile work, and paint. Outside, the backyard provides plenty of room for outdoor activities, gardening, or simply enjoying some fresh air. Conveniently located near Palmer Park, schools, neighborhood parks, Academy Boulevard shopping, and Powers Boulevard. A functional home with plenty of space and a location that makes getting around town easy.

1367 Mears Dr, Colorado Springs

Courtesy of The Cutting Edge. 719-999-5067

$329,900

3 Beds ⋅ 2 Baths ⋅ 1,261 SqFt. ⋅ ACTIVE Status

Welcome to 2220 Shawnee Drive! This well-designed 3-bedroom, 1.5-bath tri-level offers a comfortable and functional floor plan with plenty of room to spread out. Conveniently located near parks, shopping, dining, and everyday necessities, the home combines neighborhood convenience with features that can be hard to find in the area. The kitchen and dining area provide direct access to the generously sized, fully fenced backyard and deck—perfect for outdoor dining, relaxing, gardening, pets, or simply enjoying the extra space. The attached two-car garage is another valuable amenity and offers direct access near the kitchen, making unloading groceries and everyday coming and going especially convenient. The lower level features upgraded wood flooring and a bedroom with an attached half bath, providing added privacy and flexibility for guests, a home office, or additional living space. Upstairs, the full bathroom has been updated with a new bathtub and attractive new tile surround. With its easy-living tri-level layout, spacious fenced backyard, two-car garage, and thoughtful updates, this home offers a great combination of comfort, functionality, and convenience. Square footage is approximate and should not be construed as exact. Buyer to satisfy self with all property condition and measurements prior to purchase. Some pictures that depict empty rooms were generated by AI by removing furnishings and items from the picture. Some of the photos may not represent the exact condition of the rooms.

2220 Shawnee Dr, Colorado Springs

Courtesy of Reid Realty, Inc. 719-510-4632

$209,900

3 Beds ⋅ 2 Baths ⋅ 1,379 SqFt. ⋅ ACTIVE Status

Situated on one of the largest lots in the community, this property offers an exceptional sense of privacy along with an impressive driveway and plenty of room to enjoy the outdoors. Inside, you’ll find all-new flooring, fresh interior paint, and new interior trim, creating a clean, modern feel throughout. The kitchen features stainless steel appliances, including a gas range, making it both attractive and functional. The home also offers an oversized two-car garage, providing excellent parking and storage space. Year-round comfort is assured with central air conditioning and forced-air gas heat, while the automatic sprinkler system makes maintaining the yard a breeze. With its oversized lot, private setting, attractive updates, spacious garage, and desirable features, this home is a wonderful opportunity for buyers looking for comfort, convenience, and move-in-ready appeal!

4648 Pika Pt, Colorado Springs

Courtesy of Real Estate One Group South, LLC. (303)483-7300

$289,000

3 Beds ⋅ 2 Baths ⋅ 1,408 SqFt. ⋅ ACTIVE Status

This home is being sold strictly in as-is condition is an ideal canvas to make your dreams come true! With an open layout and fantastic floor plan, the home has fabulous bones ready for your finishing touches! The spacious Living Room offers a space to gather or to simply unwind with natural lighting provided by the room’s large window. Continuing further into the home, you will find a Dining Room conveniently located off of the Kitchen which comes fully equipped with a Refrigerator, Range, Dishwasher, and Vent Fan! The upper level has three bedrooms (which have gorgeous hardwood flooring!) and a full bathroom, while the lower level offers a large Family Room, office space, laundry area (which comes equipped with an electric laundry center!), and 3/4 bathroom. Owners can benefit from the home’s 1-car attached garage as well as the outdoor space, including the vast fenced-in backyard and its accompanying storage shed from which you can simply relax outside, host barbecues, garden, play yard games, and more! Centrally located, this home is situated near many amenities, including however certainly not limited to, parks, shopping centers, and restaurants!

3702 Pearl Dr, Colorado Springs

Courtesy of Solid Rock Realty. (719) 359-4558

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