💲 Homes Under $500,000

Bend Homes for Sale Under $500,000

Homes priced under $500,000 in Bend are limited but still attainable with the right strategy. This price range typically includes properties in East Bend, select manufactured home communities, and attached townhome developments — offering some of the most affordable entry points into the Bend market.

Because inventory moves quickly at this level, having up-to-date listings and clear expectations is key.

What You’ll Find Under $500K in Bend

Homes under $500,000 in Bend prioritize location and lifestyle over size. Buyers in this range often trade square footage for access to Bend’s amenities, trails, and community.

Common options in this price range include:

Townhomes and attached residences
Manufactured homes in established communities
Smaller single-family homes in East Bend
Older homes with renovation potential
Low-maintenance properties ideal for first-time buyers

Inventory is competitive, and well-priced homes often receive quick interest.

Popular Areas for Homes Under $500K

Most homes under $500K are found in:

East Bend – value-focused neighborhoods and newer townhome options
Manufactured home communities – offering ownership at lower price points
Select attached developments – compact layouts with modern finishes

Location flexibility often improves buying opportunities in this segment.

Lifestyle & Location Benefits

Even at lower price points, living in Bend provides:

Access to trails, parks, and outdoor recreation
Strong local culture, dining, and community events
Proximity to Mt. Bachelor and Cascade Lakes
Long-term demand and resale interest
A high quality of life relative to many markets

This segment allows buyers to enter the Bend market while still enjoying its lifestyle benefits.

Is a Home Under $500K in Bend Right for You?

Homes under $500K in Bend may be a great fit if you’re looking for:

Entry-level homeownership
A primary residence or long-term investment
Townhome or manufactured housing options
A foothold in the Bend market
Strong lifestyle value despite smaller size

Flexibility and preparation are especially important when shopping at this price point.

Browse Bend Homes for Sale Under $500,000

View all current Bend homes for sale under $500,000 below. This search updates in real time to show the most affordable listings available. If you’d like help identifying realistic options, understanding trade-offs, or setting up instant alerts, I’m happy to help.

👉 Get a custom list of Bend homes under $500K
👉 Talk with a local Central Oregon real estate expert

$419,000

2 Beds ⋅ 1 Baths ⋅ 220226215 MLS

Tucked among the pines on a corner lot, this meticulously maintained property offers a perfect blend of privacy, recreation, & updates in Oregon Water Wonderland. Down the street from Deschutes River trails & community's private marina. Paved/gated driveway leads into the fully fenced/cross-fenced property boasting a garden oasis thoughtfully designed w/ continuous color popping throughout the season, shaded sitting areas, & room to relax. With 40 acres of forest land abutting the west side, the setting feels wonderfully secluded. Vaulted ceilings & open floor plan create a naturally bright, spacious feel, complemented by new interior/exterior paint, waterproof Coretek flooring, remodeled kitchen & bath w/ granite countertops, new SS appliances, new propane stove,& new energy-efficient windows w/ premium UV coating. Other highlights include new front door, roof in 2020, insulated garage, multiple RV parking, additional gated access, 12x8 storage shed, & connected to public water/sewer.

56125 Snow Goose Road, Bend

Listing courtesy of RE/MAX Key Properties.

$489,000

3 Beds ⋅ 2 Baths ⋅ 220226212 MLS

Welcome to this charming single-level home -- perfect for first-time buyers or savvy investors. Vaulted ceilings create an open, airy feel throughout the main living areas, adding spaciousness to this efficient floor plan. The layout flows easily from the living room into the kitchen & dining area, all three bedrooms offer comfortable retreats, while the two full baths add convenience for family or roommates. Move-in ready with fresh interior paint, a yearly maintained HVAC system and newer dishwasher, included fridge, washer & dryer and chest freezer. Outside, enjoy easy-care landscaping that keeps upkeep simple, so you spend less time on chores and more time enjoying your home. Location is a huge plus: neighborhood park close by, minutes from shopping and restaurants, with quick highway access for an easy commute, plus Costco for effortless big shopping trips. Whether it's your first home or a rental investment, this home checks every box: great size, smart layout and move-in ready!

63825 Hunters Circle, Bend

Listing courtesy of eXp Realty, LLC.

$469,999

2 Beds ⋅ 1 Baths ⋅ 220226169 MLS

This well maintained SW Bend home, is an exceptional property that blends an unbeatable location with thoughtfully curated updates and incredible lifestyle appeal. Every detail has been designed to create a warm, welcoming home with undeniable charm and exceptional vibes. Beyond the main living space, you'll find 200sqft attached flex room (not included in the homes sqft). Outside, the meticulously designed 700sqft garden features drip irrigation, creating the perfect space for your garden. The fully fenced property includes a gated entrance, multiple outbuildings for storing all your toys, tools, and gear, plus a private hot tub to relax under the Central Oregon sky. With stick-built homes allowed, this property also offers exciting future potential for those dreaming of expanding or building. Rarely does a property offer this much flexibility, function, and future opportunity. This is a lifestyle waiting to be enjoyed!

19657 Hiller Drive, Bend

Listing courtesy of Stellar Realty Northwest.

$444,500

2 Beds ⋅ 2 Baths ⋅ 220226142 MLS

Recently remodeled, this 2-bedroom, 2-bath condo in desirable Mt. Bachelor Village Resort is the perfect choice for a full-time residence, vacation getaway, or income-producing short-term rental. Offering approximately 900 sq. ft., the condo features an updated interior and access to resort-style amenities including a seasonal pool, hot tubs, and a fireside room. Enjoy direct access to the Deschutes River Trail and a prime location just minutes from the Old Mill District, historic downtown Bend, dining, shopping, and entertainment. Ideally situated on the road to Mt. Bachelor, you'll have quick access to world-class skiing, snowboarding, hiking, and year-round recreation. Experience the best of the Central Oregon lifestyle.

19717 SW Mount Bachelor UNIT 260 Unit UNIT 260, Bend

Listing courtesy of RE/MAX Key Properties.

$441,995

3 Beds ⋅ 3 Baths ⋅ 220226094 MLS

Welcome to the Pine at Stevens Ranch, a thoughtfully designed two-story townhome offering 1,562 square feet of comfortable living in Bend. This home features 3 bedrooms, a versatile loft, 2.5 bathrooms, and an attached 2-car garage. The open-concept main level is ideal for everyday living and entertaining, with a spacious great room flowing into the dining area and a well-appointed kitchen featuring solid surface countertops, stainless steel appliances, an electric range, microwave, and dishwasher. Upstairs, you'll find a convenient laundry room, a flexible loft space perfect for a home office or second living area, and a private primary suite complete with a walk-in closet and en suite bath. Receive a closing cost credit with builder's preferred lender. Photos are representative of the floor plan. Features, finishes, and specifications may vary. Stevens Ranch is open daily from 10:00 a.m. to 5:30 p.m.

61741 SE Santorini Street, Bend

Listing courtesy of D.R. Horton, Inc.-Portland.

$399,000

2 Beds ⋅ 3 Baths ⋅ 220226017 MLS

The perfect homebase for low maintenance living in NW Bend for under 400K! This two ensuite bedroom townhome is move in ready with brand new interior paint and carpet. With an ensuite on each level, the floorplan offers flexibility that lives larger than the square footage reflects. The main living upstairs allows for tree top views out many of the windows, and more privacy from neighbors. The fully fenced backyard is pet friendly. This location offers easy access to the Deschutes River Trail, popular local parks and restaurants, Costco, Trader Joes and Hwy 97, getting you to the Redmond Airport that much faster. Whether it's a second home, investment property or full time living, this home provides plenty of options at a price point that's hard to find in this location.

20289 Schaeffer Drive, Bend

Listing courtesy of Knightsbridge International.

$429,900

3 Beds ⋅ 2 Baths ⋅ 220225884 MLS

Rosemead Corner- 3bedrooms, 2 baths, 1,188 square feet on a half-acre lot. Proven income property: owner successfully operated as short-term rental (Rosemead Manor brand) before strategic transition to stable long-term tenant last year. Demonstrates established rental infrastructure and cash flow capability. Home offers efficient layout and solid bones. Detached two-car garage, detached carport, dedicated RV parking, ''We-Shed'', and EV charger provide additional utility and flexibility for ongoing rental operations and modern lifestyle needs. Half-acre lot is a meaningful Rosemead Corner asset with room for expansion or future development. Owner's deliberate transition from STR to LTR signals understanding of rental model and income optimization. Current long-term tenant provides immediate, stable income. Turnkey for buy-and-hold operators seeking stabilized cash flow. This is the kind of property that builds lasting portfolios.

56152 Gothard Way, Bend

Listing courtesy of eXp Realty, LLC.

$449,900

3 Beds ⋅ 2 Baths ⋅ 220225845 MLS

Bring your vision to this solid 3 bedroom, 2 bath home in Bend's desirable Golden Mantle neighborhood. Built in 1971, this 1,236 square foot home sits on a spacious .25 acre lot shaded by mature, professionally trimmed Ponderosa pines that create a beautiful park like setting. Ready for updates and repairs, this property offers an outstanding opportunity to renovate, personalize, and build equity in one of Southwest Bend's most established neighborhoods. The home is currently served by septic, with the city sewer line already brought to the property for future connection. Enjoy convenient access to the Old Mill District, Downtown Bend, the Deschutes River, Hayden Homes Amphitheater, parks, shopping, restaurants, and endless Central Oregon recreation, including Mt. Bachelor and the Cascade Lakes. Whether you're looking for your next home, an investment property, or your next renovation project, this Southwest Bend opportunity is one you won't want to miss.

60866 Granite Drive, Bend

Listing courtesy of High Desert Realty, LLC.

$399,995

3 Beds ⋅ 3 Baths ⋅ 220225841 MLS

Fantastic Bend location at Thunder Ridge! The Woodbridge is a two-story home featuring 3 bedrooms and 2.5 baths. The open-concept layout includes a spacious great room, a dining area, and a gourmet kitchen with solid surface countertops, a pantry, stainless-steel appliances, an electric range oven, dishwasher, and microwave with vent hood. Upstairs, enjoy the convenience of a laundry room and a primary suite with a walk-in closet and en suite bath. Photos are representative of the plan; features and specs may vary. Closing cost credit and rate incentive with builder's lender. Open on the weekends - 10:00AM to 5:30PM. All other days are by appointment only.

61209 Parrell Road, Bend

Listing courtesy of D.R. Horton, Inc.-Portland.

$399,995

3 Beds ⋅ 3 Baths ⋅ 220225839 MLS

61211 Parrell Road, Bend

Listing courtesy of D.R. Horton, Inc.-Portland.

$479,000

3 Beds ⋅ 2 Baths ⋅ 220225802 MLS

Designed for effortless living, this thoughtfully crafted home puts you just moments from the best of Bend. Step inside to a bright, open great room filled with abundant natural light. Quality finishes include brand new laminate flooring, knotty alder cabinetry, stainless steel appliances, hand-troweled wall texture, and a cozy gas fireplace. The well-designed floor plan offers excellent separation of bedrooms, with a cozy primary suite featuring dual walk-in closets. Outside, relax on the covered patio beneath a beautiful willow tree, creating a peaceful and private outdoor retreat. Efficient heating and cooling provide year-round comfort. Ideally located near schools, shopping, breweries, trails, and the Old Mill District, this home offers the perfect blend of comfort, convenience, and Central Oregon living. Don't miss this Bend gem!

640 SE Reed Market Road, Bend

Listing courtesy of eXp Realty, LLC.

$419,995

3 Beds ⋅ 3 Baths ⋅ 220225787 MLS

End Unit!! New construction in Bend! The Forest is a lovely end unit two-story home featuring 3 bedrooms and 2.5 baths with lots of windows on the unshared wall to make the home feel airy and bright. There are walk-in closets in every room for extra storage. The open-concept layout includes a spacious great room, a dining area, and a gourmet kitchen with solid surface countertops, stainless-steel appliances, an electric range oven, dishwasher, microwave with vent hood and a separate pantry. Upstairs, enjoy the convenience of a laundry room and a primary suite with a walk-in closet, and en suite bathroom with a double-vanity and walk-in shower. Closing cost credit and rate incentive with use of builder's preferred lender. Photos are representative of the plan; features and specs may vary. Open on the weekends - 10:00AM to 5:30PM. All other days are by appointment only.

61207 Parrell Road, Bend

Listing courtesy of D.R. Horton, Inc.-Portland.

$195,000

1 Beds ⋅ 2 Baths ⋅ 220225783 MLS

Experience resort-style living and proven investment potential at Inn of the 7th Mountain. Located at the base of the Deschutes National Forest, this turnkey 1-bedroom, 2-bath condo comfortably sleeps 4 with easy-to-use queen size Murphy bed. Relax on your private balcony or hit the trails with ease, utilizing two dedicated owner storage closets for your outdoor gear. The Deschutes River Trail runs along the edge of the property, making the transition to outdoor adventuring effortless. The comprehensive HOA handles all utilities and maintenance, offering a truly hands-off experience of ownership. World-class resort amenities cater to every lifestyle, featuring multiple year-round pools, hot tubs, a sauna, a fitness center, mini-golf, disc golf, basketball, tennis, and pickleball courts all included in HOA membership. Whether you want a personal mountain escape, steady income stream, or the best of both worlds, this turnkey property delivers.

18575 SW Century Drive 2121 Unit 2121, Bend

Listing courtesy of Duke Warner Realty ERA Powered.

$424,995

2 Beds ⋅ 3 Baths ⋅ 220225781 MLS

Welcome to the Sage, a 1,335 square foot functional townhome floor plan at Stevens Ranch by D.R. Horton in Bend. This two-story home includes 2 dual primary bedrooms, 2.5 bathrooms. Upon entering, you'll find a spacious great room with laminate flooring. The kitchen features durable solid surface countertops, and stainless-steel appliances. Upstairs, cozy carpeting extends throughout the hallway and bedrooms. The second level also includes a linen closet, and a laundry room with extra storage space. Both bedrooms feature a walk-in closet, a private bathroom with a walk-in shower, and a vanity with a solid surface countertop. Call for details. Sales office hours: 10-5:30pm Monday-Sunday. Photos are representative of plan, features/specs may vary.

61743 SE Santorini Street, Bend

Listing courtesy of DR Horton Inc - Portland.

$419,995

3 Beds ⋅ 3 Baths ⋅ 220225778 MLS

Visit Steven's Ranch in Bend by D.R. Horton! The Pine is a nice two-story home featuring 3 bedrooms and 2.5 baths. The open-concept layout includes a spacious great room with a dining area and a gourmet kitchen with solid surface countertops, stainless-steel appliances, an electric range oven, dishwasher, and microwave. Upstairs, enjoy the convenience of a laundry room and a primary suite with a walk-in closet and en suite bath. Closing cost credit and rate incentive with use of builder's preferred lender. Photos are representative of the plan; features and specs may vary. Open Monday through Sunday 10am-5:30pm.

61739 SE Santorini Street, Bend

Listing courtesy of D.R. Horton, Inc.-Portland.

$487,000

3 Beds ⋅ 3 Baths ⋅ 220225742 MLS

Opportunity meets comfort in this beautifully maintained SE Bend home, offering the perfect blend of move-in-ready convenience and long-term value. This inviting 3-bedroom, 2.5-bath residence features a spacious primary suite with vaulted ceilings, walk-in closet, and an updated primary bathroom, creating a bright and relaxing space. This home has plently of closet space. Recent improvements include updated flooring, primary shower, front and backyard ambience enhance the home's modern and well-cared-for appeal. Enjoy the quiet, fully fenced backyard, ideal for entertaining, gardening, or unwinding in your own outdoor space, plus two storage sheds. Italian Cypress have been planted to obstruct the view of the hotel in the future. This desirable Bend location, safe neighborhood, close to everyday amenities, presents an excellent opportunity for first-time buyers, investors, or anyone seeking a low-maintenance home with lasting value.

61055 Borden Drive, Bend

Listing courtesy of eXp Realty, LLC.

$225,000

1 Beds ⋅ 1 Baths ⋅ 220225612 MLS

Discover the ultimate Bend adventure basecamp in this turnkey 1 bedroom, 1 bath top floor unit. The condo presents an opportunity to update and personalize the space to reflect your own style and vision. Step outside and access trails that wind along the river into the National Forest and in the Phil's trail network. The resort is a year-round destination known for its incredible amenities including pools, hot tubs, fitness center, pickleball, tennis, volleyball, mini golf, disc golf, ice skating rink, on-site restaurant/bar, and more. Just minutes from Mt. Bachelor the Old Mill, and downtown Bend. HOA dues include all utilities and full access to resort amenities, making ownership easy and low maintenance.

18575 SW Century Drive 621 Unit 621, Bend

Listing courtesy of Engel & Voelkers Bend.

$345,000

3 Beds ⋅ 2 Baths ⋅ 220225394 MLS

Discover the potential of this property in the desirable Oregon Water Wonderland community. Situated on nearly half an acre, the spacious lot offers room to spread out while enjoying the peace and privacy of one of Central Oregon's favorite neighborhoods. Just minutes from the Deschutes River, Cascade Lakes, and world-class recreation, this location is ideal for those looking to embrace the Central Oregon lifestyle. This property presents an excellent opportunity for buyers looking to add their own vision and improvements. An oversized, detached garage offers many possibilities for a shop or extra storage. RV parking and hookups in place allow for easy hosting of family and friends. While the home is ready for updates and renovation, its generous lot, sought-after location, and endless potential make it a compelling canvas for an investor, contractor, or anyone excited to create something special. Opportunities like this in Oregon Water Wonderland don't come along often. Call today

17472 Curlew Drive, Bend

Listing courtesy of Keller Williams Realty Central Oregon.

$434,995

3 Beds ⋅ 3 Baths ⋅ 220225354 MLS

61737 SE Santorini Street, Bend

Listing courtesy of D.R. Horton, Inc.-Portland.

$305,000

1 Beds ⋅ 1 Baths ⋅ 220225336 MLS

Westside Bend living at its best! This beautifully maintained condo offers the perfect blend of comfort, convenience, and adventure. Ideally located just minutes from Newport, Galveston, Northwest Crossing, and Downtown Bend, you'll enjoy easy access to Bend's best restaurants, breweries, shops, and trails, while Mt. Bachelor and the Cascade Lakes are only 30 minutes away. Inside, the bright open-concept floor plan seamlessly connects the living room and kitchen, featuring built-in cabinetry, stainless steel appliances, and two energy-efficient mini-splits providing year-round heating and cooling. The primary bedroom is filled with natural light and includes an ensuite bath that links to a walk-in closet, and laundry area. The covered front porch has a private storage locker--perfect for bikes, skis, and outdoor gear. Ideal as a primary residence, vacation getaway, or investment property, this turnkey Westside gem offers the best of the Bend lifestyle!

1527 NW Juniper Street APT 2 Unit APT 2, Bend

Listing courtesy of Coldwell Banker Bain.

$425,000

3 Beds ⋅ 2 Baths ⋅ 220225272 MLS

Priced to sell! This 3-bedroom, 2-bath manufactured home, built in 1992, sits on a spacious 0.97-acre lot in Deschutes River Woods, offering plenty of room to enjoy Central Oregon living. Recent improvements include a new roof, new flooring, new interior and exterior paint, and new front and rear decks, providing a fresh, clean canvas for its next owner. The nearly one-acre lot offers ample space for RVs, toys, gardening, or the future addition of a shop. While there is no garage, the property provides plenty of room to expand. Conveniently located just minutes from Bend's shopping, dining, schools, and outdoor recreation, this is an excellent opportunity for first-time buyers, investors, or anyone looking for acreage at an attractive price.

60115 Crater Road, Bend

Listing courtesy of The Agency Bend.

$349,000

1 Beds ⋅ 1 Baths ⋅ 220225226 MLS

Tucked among the towering pines of Mt. Bachelor Village, this beautifully updated end-unit offers the perfect blend of comfort, style, and adventure. Located in desirable Ski House III, one of the closest buildings to resort-style amenities, you'll enjoy easy access to the pool, hot tub, clubhouse, and hiking trails. This coveted unit welcomes you like a warm hug offering peaceful woodland views just minutes from downtown Bend. Every detail has been thoughtfully updated, including a modern kitchenette, spa-inspired bathroom, and stately wood-style flooring. Dramatic vaulted ceilings, floor-to-ceiling paneling with bright skylights, and a cozy fireplace create an inviting great room, while the private deck is perfect for morning coffee or evening BBQs. Near the Deschutes River Trail, Farewell Bend Park, the Old Mill District, and just 20 miles from Mt. Bachelor, this turnkey retreat is ideal as a weekend escape, full-time residence, or short-term rental investment opportunity

19717 SW Mount Bachelor Drive UNIT 254 Unit UNIT 254, Bend

Listing courtesy of Keller Williams Realty Central Oregon.

$439,500

1 Beds ⋅ 1 Baths ⋅ 220225119 MLS

Presenting Arête: a collection of 32 modern condominiums located in the very heartbeat of Bend's west side. Here, intentional design meets natural finishes in a set of 10 distinctive floor plans throughout the three-story building. This specific Broken Top floor plan features the Glacier finish package, and is a one bedroom unit located on the south side of the second floor offering excellent natural light throughout the day. Designed by award-winning Hacker Architects and built by SunWest Builders, these Earth Advantage condos include private decks or patios, personally allocated parking, custom storage options, secure entry, professional property management, and an exclusive community room for hosting, lounging, or working. Together with its sister properties in NorthWest Crossing's Grove development - the Market Hall and Assembly - Arête offers a lifestyle of contagious adventure, meaningful connection, and holistic living. Photos are of similar units.

2745 NW Ordway Avenue 205 Unit 205, Bend

Listing courtesy of Cascade Hasson SIR.

$274,900

1 Beds ⋅ 2 Baths ⋅ 220225099 MLS

Wake up to stunning Deschutes River views from your private back deck in the heart of downtown Bend! This charming 1-bedroom, 2-bath condo offers the perfect blend of comfort, convenience, and investment opportunity. Approved for short-term rentals, it's an ideal full-time residence, weekend getaway, or income-producing property. The HOA covers utilities, making ownership easy and hassle-free. Enjoy resort-style amenities including a pool, covered parking, and unbeatable access to Bend's vibrant downtown, restaurants, shopping, trails, and outdoor recreation. Experience the best of Central Oregon living right on the river!

1565 NW Wall Street 232-233 Unit 232-233, Bend

Listing courtesy of Cascade Hasson SIR.

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