Albany Homes under $400,000

Welcome to Albany, Oregon – a charming city that beautifully blends small-town warmth with modern conveniences. Nestled in the heart of the Willamette Valley, Albany is renowned for its rich history, vibrant community, and stunning natural surroundings. With its picturesque parks, scenic riverfront, and an array of local shops and eateries, Albany offers a delightful lifestyle for families, young professionals, and retirees alike.

One of the most attractive features of Albany is its affordability in the housing market. For those seeking a cozy abode without breaking the bank, you’ll be pleased to discover a variety of homes available for under $400,000. Whether you’re looking for a quaint bungalow, a spacious family home, or a charming townhouse, Albany has options that cater to diverse tastes and needs. Many of these homes are nestled in friendly neighborhoods, where community spirit thrives and neighbors become friends.

Albany is also well known for its excellent schools, making it an ideal location for families. The city offers a range of recreational opportunities, from hiking and biking trails to community events that bring residents together. Plus, with easy access to both Portland and Eugene, Albany strikes the perfect balance between tranquility and urban convenience.

Explore the possibilities in Albany, where you can find your dream home at an affordable price. Embrace the lifestyle that this lovely city has to offer, and make it your own!

Newest Albany Homes under $400,000

$347,900

3 Beds ⋅ 2 Baths ⋅ 292876988 MLS

The Helena at Curry Meadows — a beautifully designed two-story duplex tailored for modern lifestyles. The smart, open-concept main level offers effortless flow, featuring a stylish kitchen with quartz countertops, stainless steel appliances, and contemporary finishes perfect for everyday living and entertaining alike. Upstairs, all three bedrooms are thoughtfully situated to maximize comfort and privacy, including a lavish owner’s suite complete with a spacious walk-in closet. A generous single-bay garage provides flexible space for parking and storage. This move-in-ready home comes fully equipped with a washer, dryer, refrigerator, A/C, blinds, and completed front and back landscaping with fencing — truly checking all the boxes. Beyond your front door, residents enjoy inviting onsite amenities including picnic areas, parks, and scenic trails that make it easy to get outside and stay active. Just minutes away, historic downtown Albany offers charming shops, local restaurants, and beautifully preserved architectural landmarks. For entertainment, visit the beloved Albany Historic Carousel & Museum or explore the city’s many parks and open spaces perfect for outdoor fun. The Helena at Curry Meadows offers the ideal blend of modern comfort, community amenities, and small-town charm. Homesite # 30. Expected Completion: November. Below-market rate incentives available when financing with preferred lender!

711 Clayton SE CT, Albany

$343,900

3 Beds ⋅ 2 Baths ⋅ 364890501 MLS

The Helena at Curry Meadows — a beautifully designed two-story duplex tailored for modern lifestyles. The smart, open-concept main level offers effortless flow, featuring a stylish kitchen with quartz countertops, stainless steel appliances, and contemporary finishes perfect for everyday living and entertaining alike. Upstairs, all three bedrooms are thoughtfully situated to maximize comfort and privacy, including a lavish owner’s suite complete with a spacious walk-in closet. A generous single-bay garage provides flexible space for parking and storage. This move-in-ready home comes fully equipped with a washer, dryer, refrigerator, A/C, blinds, and completed front and back landscaping with fencing — truly checking all the boxes. Beyond your front door, residents enjoy inviting onsite amenities including picnic areas, parks, and scenic trails that make it easy to get outside and stay active. Just minutes away, historic downtown Albany offers charming shops, local restaurants, and beautifully preserved architectural landmarks. For entertainment, visit the beloved Albany Historic Carousel & Museum or explore the city’s many parks and open spaces perfect for outdoor fun. The Helena at Curry Meadows offers the ideal blend of modern comfort, community amenities, and small-town charm. Homesite # 29. Expected Completion: November. Below-market rate incentives available when financing with preferred lender!

705 Clayton SE CT, Albany

$340,000

2 Beds ⋅ 1 Baths ⋅ 273511367 MLS

Timeless charm, lovely mid-century features, and thoughtful updates come together in this delightful 1947 cottage! Situated in a charming neighborhood, this inviting home showcases the craftsmanship and architectural details that make homes of this era so special. Detailed ceiling accents, curved corners, and an arched doorway create a sense of warmth and character rarely found in newer construction. Original hardwood floors in the bedrooms and original kitchen cabinetry add to the authenticity of the period, preserving a beautiful connection to the home’s history.The current owners have taken great care to update this home for its future owners, making it truly move-in ready. Fresh interior and exterior paint, brand-new carpet, and newly installed Andersen windows complement its vintage charm. A roof replaced just two years ago and a remodeled bathroom add to the thoughtful improvements. Additional storage in the laundry room provides convenient space for canned goods and pantry items, and the washer and dryer are included in the purchase. A bonus room in the garage offers flexibility for hobbies, creative projects, or storage.Outside, the gorgeous, spacious fenced backyard offers plenty of room for play, gardening, entertaining, or simply enjoying a peaceful afternoon. Whether you envision a vegetable garden, colorful flower beds, or gatherings with friends, there is room to make it your own. A handy tool shed provides storage for gardening supplies and outdoor equipment. Lawn mowers are not included in the purchase.With its distinctive architectural details, authentic vintage touches, and carefully considered updates, this lovingly maintained cottage is ready for its next chapter. Settle in and enjoy the kind of character that makes a house feel like home!

1414 JEFFERSON SE ST, Albany

$349,900

3 Beds ⋅ 1 Baths ⋅ 110635427 MLS

Sophisticated & impeccably maintained, this turn key single level home offers 3 beds, 1 bath, 888 sq ft of beautifully refreshed living space. Thoughtfully updated beyond expectations, every detail reflects quality, care, & modern style. New bedroom carpets & interior paint. Ideally situated in a desirable SE Albany neighborhood, great sized fenced & manicured back yard, this exceptional home blends effortless living w everyday comfort. Truly a rare opportunity to enjoy refined living without the upkeep. New electrical panel in 2014. Since 2015, updates include new gas furnance, water heater, roof, fridge & dishwasher, solar tubes, interior paint, patio floor coating. Upgraded attic insulation & under floor insulation.

708 28TH AVE, Albany

$65,000

3 Beds ⋅ 2 Baths ⋅ 672366783 MLS

Bring your vision and make this spacious manufactured home your own! Offering 3 bedrooms, 2 bathrooms and approximately 1,782 SF, this home features generously sized rooms, vaulted ceilings in the primary bedroom, a separate laundry room conveniently located off the covered parking area, and plenty of potential throughout. Outside, enjoy a good-sized backyard with mature trees, raised garden beds, storage shed and covered carport. The roof was replaced in approximately 2017. Home is being sold AS-IS and is in need of repairs and updating, including flooring, siding, paint, cabinetry and additional deferred maintenance—an excellent opportunity for a buyer ready to put in some work and create value. Located in a manufactured home park; buyer must apply for and receive park approval. Current space rent is approximately $873/month and includes garbage. Buyer to verify space rent, park fees, utilities, rules and approval requirements directly with park management.

2151 THREE LAKES RD, Albany

$399,900

3 Beds ⋅ 2 Baths ⋅ 257736896 MLS

Tucked away on a cul-de-sac with room to live, park, store & make it your own! This inviting home offers a spacious layout paired with fantastic outdoor functionality. The layout provides an easy flow throughout the home, while the large kitchen provides an abundance of cabinetry and counter space. A wood stove adds warmth and character to the living area, and a dedicated laundry room provides additional storage and utility sink. Step outside to a fully fenced backyard with gate access and large covered patio, perfect for summer eventings, weekend barbecues, or simply relaxing outdoors. One of the home’s standout features is the abundance of parking and access. Bring the RV, boat, trailer and extra vehicles; there’s plenty of room to park, including a 40 ft concrete RV pad with dump access, abundant off street parking and an attached two-car garage. A storage shed provides additional space for tools and outdoor gear. The exterior was updated with new siding and paint approx. 3 years ago, and the roof is approx. 10 years old. This home offers a great combination of indoor comfort, outdoor living, storage, and parking, this home is ready to fit a variety of lifestyles.

1423 32ND AVE, Albany

$359,900

3 Beds ⋅ 2 Baths ⋅ 485811186 MLS

Welcome to Riverwood Crossing. This Reagan plan presents a modern two-story paired design with an open-concept first floor that unites the kitchen, dining, and living areas, ideal for both everyday living and entertaining. Upstairs, a versatile loft separates two secondary bedrooms from the private primary suite, which includes a full bathroom with dual vanities and a walk-in closet. Interior finishes include quartz countertops, Shaker-style cabinets, and LVP flooring in the kitchen and bathrooms, plus fencing, landscaping, and sprinkler irrigation for added convenience. This home also includes central air conditioning, a refrigerator, washer and dryer, and blinds—all at no extra cost! Riverwood Crossing is in close proximity to the Park, Community College, Golf, and historic downtown Albany, with the University just 20 minutes away. Homesite #86. Photos are of a similar home - features & finishes will vary. Finished in November.

1493 LAURA VISTA, Albany

$359,900

3 Beds ⋅ 2 Baths ⋅ 407352440 MLS

Welcome to Riverwood Crossing. This Reagan plan presents a modern two-story paired design with an open-concept first floor that unites the kitchen, dining, and living areas, ideal for both everyday living and entertaining. Upstairs, a versatile loft separates two secondary bedrooms from the private primary suite, which includes a full bathroom with dual vanities and a walk-in closet. Interior finishes include quartz countertops, Shaker-style cabinets, and LVP flooring in the kitchen and bathrooms, plus fencing, landscaping, and sprinkler irrigation for added convenience. This home also includes central air conditioning, a refrigerator, washer and dryer, and blinds—all at no extra cost! Riverwood Crossing is in close proximity to the Park, Community College, Golf, and historic downtown Albany, with the University just 20 minutes away. Homesite #85. Photos are of a similar home - features & finishes will vary. Finished in November.

1489 LAURA VISTA NW DR, Albany

$359,900

3 Beds ⋅ 2 Baths ⋅ 201352747 MLS

Welcome to Riverwood Crossing. This Reagan plan presents a modern two-story paired design with an open-concept first floor that unites the kitchen, dining, and living areas, ideal for both everyday living and entertaining. Upstairs, a versatile loft separates two secondary bedrooms from the private primary suite, which includes a full bathroom with dual vanities and a walk-in closet. Interior finishes include quartz countertops, Shaker-style cabinets, and LVP flooring in the kitchen and bathrooms, plus fencing, landscaping, and sprinkler irrigation for added convenience. This home also includes central air conditioning, a refrigerator, washer and dryer, and blinds—all at no extra cost! Riverwood Crossing is in close proximity to the Park, Community College, Golf, and historic downtown Albany, with the University just 20 minutes away. Homesite #50. Photos are of a similar home - features & finishes will vary. Finished in October.

1474 LAURA VISTA DR NW DR, Albany

$329,900

3 Beds ⋅ 2 Baths ⋅ 256043458 MLS

This new construction home is located in Riverwood Crossing, just a short distance to Gibson Hill Park, Golf Club of Oregon, and historic downtown Albany, with Oregon State University just 20 minutes away. The Reece plan features a functional two-story layout with an open-concept main floor that blends a modern kitchen and comfortable great room for everyday living. Upstairs, two secondary bedrooms share the space with a spacious primary suite that includes a full primary bath and walk-in closet. Interior highlights include quartz countertops, shaker-style cabinets, and LVP flooring in the kitchen and bathrooms, along with landscaping and fencing. This home also includes central air conditioning, a refrigerator, washer & dryer and window blinds. Located on homesite #84. Finished in October. Photos are of a similar home, features and finishes will vary. Incentives available with the use of our preferred lender!

1485 LAURA VISTA NW DR, Albany

$324,900

3 Beds ⋅ 2 Baths ⋅ 266659751 MLS

This new construction home is located in Riverwood Crossing, just a short distance to Gibson Hill Park, Golf Club of Oregon, and historic downtown Albany, with Oregon State University just 20 minutes away. The Reece plan features a functional two-story layout with an open-concept main floor that blends a modern kitchen and comfortable great room for everyday living. Upstairs, two secondary bedrooms share the space with a spacious primary suite that includes a full primary bath and walk-in closet. Interior highlights include quartz countertops, shaker-style cabinets, and LVP flooring in the kitchen and bathrooms, along with landscaping and fencing. This home also includes central air conditioning, a refrigerator, washer & dryer and window blinds. Located on homesite #51. Finished in October. Photos are of a similar home, features and finishes will vary. Incentives available with the use of our preferred lender!

1470 LAURA VISTA NW DR, Albany

$365,000

4 Beds ⋅ 2 Baths ⋅ 611971234 MLS

Charming Single-Level Home in Central Albany. Located at 1603 Powell St SE, Albany, OR 97322, this attractive single-level residence is listed at $365,000 and combines everyday comfort, a functional layout, and excellent investment potential. The home features light-filled living spaces anchored by a cozy wood-burning fireplace, a spacious kitchen with ample counter space and storage, and a dedicated dining area that leads seamlessly outdoors. Outside, you will find a generous yard offering endless room to garden, play, or relax on the patio, along with three different sheds for all your toys and gadgets. The garage has been converted into a large primary suite with it's own bathroom suite along with 3 more bedrooms and a hall bathroom. Situated just minutes from local schools, shopping centers, parks, and dining, this property offers incredible value and endless opportunities to build sweat equity in a vibrant community.

1603 POWELL ST, Albany

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