Skip main navigation

Gilbert, AZ New Homes Under $500K



112 Communities

Quick Move-In Hot Deals

Gilbert, AZ Communities

Mosaic at Layton Lakes by The New Home Company in Phoenix-Mesa Arizona
homes in Mosaic at Layton Lakes by The New Home Company
homes in Mosaic at Layton Lakes by The New Home Company
Deal Green Special Offers Video

Mosaic at Layton Lakes

Community by The New Home Company

4548 S. Renaissance Rd
Gilbert, AZ 85297

The New Home Company

888-253-1576

from $444,900 - $632,597

5 homes match your search

The Towns at Annecy by Tri Pointe Homes in Phoenix-Mesa Arizona
homes in The Towns at Annecy by Tri Pointe Homes
homes in The Towns at Annecy by Tri Pointe Homes
Deal Green Special Offers Video

The Towns at Annecy

Community by Tri Pointe Homes

2660 S. Equestrian Dr. #110
Gilbert, AZ 85295

Tri Pointe Homes

888-221-5426

from $402,500 - $487,820

7 homes match your search

Warner Meadow - Towns by Lennar in Phoenix-Mesa Arizona
homes in Warner Meadow - Towns by Lennar
homes in Warner Meadow - Towns by Lennar

Warner Meadow - Towns

Community by Lennar

4029 E. Catclaw Street
Gilbert, AZ 85296

Lennar 217 Reviews

888-355-1419

from $398,990 - $420,490

7 homes match your search

Cordillera by KB Home in Phoenix-Mesa Arizona
homes in Cordillera by KB Home
homes in Cordillera by KB Home

Coming Soon

Green

Cordillera

Community by KB Home

Higley Rd. and Riggs Rd.
Gilbert, AZ 85298

KB Home 297 Reviews

888-879-7602

The Lakes at Annecy by Tri Pointe Homes in Phoenix-Mesa Arizona
homes in The Lakes at Annecy by Tri Pointe Homes
homes in The Lakes at Annecy by Tri Pointe Homes

Closeout

Deal Green Special Offers Video

The Lakes at Annecy

Community by Tri Pointe Homes

2660 S. Equestrian Dr. #110
Gilbert, AZ 85295

Tri Pointe Homes

888-746-1582

from $486,400 - $526,983

2 homes match your search

Nearby Communities

The Collection by Camelot Homes in Phoenix-Mesa Arizona

Coming Soon

The Collection

Community by Camelot Homes

5640 N. 75th Street
Scottsdale, AZ 85250

Camelot Homes

888-381-0093

Light Sky Ranch by Richmond American Homes in Phoenix-Mesa Arizona
homes in Light Sky Ranch by Richmond American Homes
homes in Light Sky Ranch by Richmond American Homes

Coming Soon

Green Special Offers Video

Light Sky Ranch

Community by Richmond American Homes

21682 E. Lords Way
Queen Creek, AZ 85142

Richmond American Homes

888-948-7142

Bella Vista Farms by Ashton Woods in Phoenix-Mesa Arizona
homes in Bella Vista Farms by Ashton Woods
homes in Bella Vista Farms by Ashton Woods

Coming Soon

Special Offers

Bella Vista Farms

Community by Ashton Woods

3310 E. Valleyhigh Trail
San Tan Valley, AZ 85140

Ashton Woods

888-960-8975

Seasons at Rancho El Dorado IV by Richmond American Homes in Phoenix-Mesa Arizona

Coming Soon

Green Special Offers Video

Seasons at Rancho El Dorado IV

Community by Richmond American Homes

21600 N. Lynn Street
Maricopa, AZ 85138

Richmond American Homes

888-212-8130

Mariposa by The New Home Company in Phoenix-Mesa Arizona
homes in Mariposa by The New Home Company
homes in Mariposa by The New Home Company
Deal Green Special Offers Video

Mariposa

Community by The New Home Company

1273 W. Bluejay Dr
Chandler, AZ 85286

The New Home Company

888-285-7942

from $449,900 - $648,682

5 homes match your search

7.7 miles away

Greenpointe at Eastmark by Landsea Homes in Phoenix-Mesa Arizona
homes in Greenpointe at Eastmark by Landsea Homes
homes in Greenpointe at Eastmark by Landsea Homes
Video

Greenpointe at Eastmark

Community by Landsea Homes

9349 E Solina Avenue
Mesa, AZ 85212

Landsea Homes

888-577-4403

from $474,990 - $540,790

6 homes match your search

8.9 miles away

Rev at Eastmark by Landsea Homes in Phoenix-Mesa Arizona
homes in Rev at Eastmark by Landsea Homes
homes in Rev at Eastmark by Landsea Homes

Rev at Eastmark

Community by Landsea Homes

9243 E. Sector Drive
Mesa, AZ 85212

Landsea Homes

888-550-1769

from $499,990 - $555,733

1 home matches your search

8.9 miles away

Element at Eastmark by The New Home Company in Phoenix-Mesa Arizona
homes in Element at Eastmark by The New Home Company
homes in Element at Eastmark by The New Home Company
Deal Green Special Offers Video

Element at Eastmark

Community by The New Home Company

4742 S. Element
Mesa, AZ 85212

The New Home Company

888-859-6221

from $449,990 - $542,990

5 homes match your search

9.8 miles away

Eastmark Towns by Lennar in Phoenix-Mesa Arizona
homes in Eastmark Towns by Lennar
homes in Eastmark Towns by Lennar

Eastmark Towns

Community by Lennar

9901 E. Wavelength Ave.
Mesa, AZ 85212

Lennar 217 Reviews

888-783-2971

from $371,990 - $386,490

5 homes match your search

9.8 miles away

Eastmark by Ashton Woods in Phoenix-Mesa Arizona
homes in Eastmark by Ashton Woods
homes in Eastmark by Ashton Woods
Special Offers

Eastmark

Community by Ashton Woods

9619 E Solina Ave
Mesa, AZ 85212

Ashton Woods

888-216-1372

from $435,990 - $673,990

5 homes match your search

10.2 miles away

Acclaim at Jorde Farms by Shea Homes in Phoenix-Mesa Arizona
homes in Acclaim at Jorde Farms by Shea Homes
homes in Acclaim at Jorde Farms by Shea Homes

Acclaim at Jorde Farms

Community by Shea Homes

21238 E Seagull Dr
Queen Creek, AZ 85142

Shea Homes 109 Reviews

888-817-2122

from $498,990 - $564,870

1 home matches your search

10.8 miles away

La Mira Discovery Collection by Taylor Morrison in Phoenix-Mesa Arizona
homes in La Mira Discovery Collection by Taylor Morrison
homes in La Mira Discovery Collection by Taylor Morrison
Special Offers

La Mira Discovery Collection

Community by Taylor Morrison

10851 E. Tahoe Avenue
Mesa, AZ 85212

Taylor Morrison

888-249-3077

from $472,990 - $603,543

4 homes match your search

11.3 miles away

Destination at Gateway by Ashton Woods in Phoenix-Mesa Arizona
homes in Destination at Gateway by Ashton Woods
homes in Destination at Gateway by Ashton Woods
Special Offers

Destination at Gateway

Community by Ashton Woods

6061 South Oxley
Mesa, AZ 85212

Ashton Woods

888-212-0801

from $424,990 - $673,990

8 homes match your search

11.8 miles away

Mesquite at North Creek by Woodside Homes in Phoenix-Mesa Arizona
homes in Mesquite at North Creek by Woodside Homes
homes in Mesquite at North Creek by Woodside Homes

Mesquite at North Creek

Community by Woodside Homes

Germann & Meridian
Queen Creek, AZ 85142

Woodside Homes

888-235-7740

from $463,990 - $599,990

4 homes match your search

13 miles away

Harvest at Meridian by Taylor Morrison in Phoenix-Mesa Arizona
homes in Harvest at Meridian by Taylor Morrison
homes in Harvest at Meridian by Taylor Morrison
Special Offers

Harvest at Meridian

Community by Taylor Morrison

22878 E. Arroyo Verde Drive
Queen Creek, AZ 85142

Taylor Morrison

888-399-6367

from $442,990 - $503,109

7 homes match your search

13.9 miles away

NEXT STEPS TO FINDING YOUR PERFECT NEW HOME

Save a Home

Like a home? Save it!

Click the bookmark to save a home so you don't forget about it
Find a Match

Didn't find a match yet?

Adjust the filters to better meet your search criteria
Keep on going

Keep on going!

The home you love might be on the next page

Gilbert. AZ features many of the best home builder communities in Phoenix, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Gilbert has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the Gilbert area. In fact, there are 112 communities and 27 builders in Gilbert with homes starting at under $500K.

How to Find Homes in Gilbert for Less than $500K?

Many builders recognize there is growing demand in the Gilbert area for homes under the $500k price point and often have a few floor plans available, but these may be in limited supply. These brand new homes are relatively affordable. To ensure affordability without compromising on the quality of the home, builders may utilize value engineering techniques to reduce the cost of construction and keep the price of the home as low as possible. This may include building on a smaller lot or utilizing standard-sized materials, such as windows and doors, that provide high-value for the cost. The results are delivering similar quality at lower prices. Like any new home, you are likely to have the low maintenance and lower cost of ownership that makes new construciton a good value in Gilbert,