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Colorado Springs, CO New Homes Under $500K

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          51 Communities

          Quick Move-In Hot Deals

          The Nook at Shiloh Mesa by Aspen View Homes in Colorado Springs Colorado
          homes in The Nook at Shiloh Mesa by Aspen View Homes
          homes in The Nook at Shiloh Mesa by Aspen View Homes

          The Nook at Shiloh Mesa

          Community by Aspen View Homes

          7749 Frigid Air Pt
          Colorado Springs, CO 80908

          Aspen View Homes

          888-536-8341

          from $464,995 - $529,995

          4 homes match your search

          Urban Collection at Palmer Village by Richmond American Homes in Colorado Springs Colorado
          homes in Urban Collection at Palmer Village by Richmond American Homes
          homes in Urban Collection at Palmer Village by Richmond American Homes
          Green Special Offers Video

          Urban Collection at Palmer Village

          Community by Richmond American Homes

          2490 Hannah Ridge Drive
          Colorado Springs, CO 80915

          Richmond American Homes

          888-901-7562

          from $389,950 - $409,392

          3 homes match your search

          The Townes at Cumbre Vista by Challenger Homes in Colorado Springs Colorado
          homes in The Townes at Cumbre Vista by Challenger Homes
          homes in The Townes at Cumbre Vista by Challenger Homes

          The Townes at Cumbre Vista

          Community by Challenger Homes

          6208 Lenexa Grove
          Colorado Springs, CO 80924

          Challenger Homes

          888-817-1364

          from $413,900 - $473,850

          7 homes match your search

          Revel Crossing at Wolf Ranch - The Ascent Collection by David Weekley Homes in Colorado Springs Colorado
          homes in Revel Crossing at Wolf Ranch - The Ascent Collection by David Weekley Homes
          homes in Revel Crossing at Wolf Ranch - The Ascent Collection by David Weekley Homes
          Deal Special Offers Video

          Revel Crossing at Wolf Ranch - The Ascent Collection

          Community by David Weekley Homes

          6390 Levity Heights
          Colorado Springs, CO 80924

          David Weekley Homes

          from $478,990 - $616,483

          3 homes match your search

          Sunset Village by Scott Allen Homes in Colorado Springs Colorado
          homes in Sunset Village by Scott Allen Homes
          homes in Sunset Village by Scott Allen Homes

          Sunset Village

          Community by Scott Allen Homes

          Jayhawk Ave and S. Ellicott Hwy
          Colorado Springs, CO 80928

          Scott Allen Homes

          888-780-0946

          from $335,000 - $340,000

          5 homes match your search

          Hansen Ranch by Richmond American Homes in Colorado Springs Colorado
          homes in Hansen Ranch by Richmond American Homes
          homes in Hansen Ranch by Richmond American Homes
          Green Special Offers Video

          Hansen Ranch

          Community by Richmond American Homes

          6493 Bodacious Circle
          Colorado Springs, CO 80923

          Richmond American Homes

          888-679-2103

          from $469,950 - $649,950

          5 homes match your search

          The Townes at Cross Creek by JM Weston Homes in Colorado Springs Colorado
          homes in The Townes at Cross Creek by JM Weston Homes
          homes in The Townes at Cross Creek by JM Weston Homes
          Green

          The Townes at Cross Creek

          Community by JM Weston Homes

          5351 Mountain Vista Heights
          Colorado Springs, CO 80924

          JM Weston Homes

          888-376-7260

          from $382,000 - $468,845

          5 homes match your search

          Willow Springs Ranch by Richmond American Homes in Colorado Springs Colorado
          homes in Willow Springs Ranch by Richmond American Homes
          homes in Willow Springs Ranch by Richmond American Homes
          Green Special Offers Video

          Willow Springs Ranch

          Community by Richmond American Homes

          2236 Prairie Smoke Drive
          Monument, CO 80132

          Richmond American Homes

          888-344-0558

          from $489,950 - $537,031

          2 homes match your search

          Pueblo West by Tralon Homes LLC in Colorado Springs Colorado
          homes in Pueblo West by Tralon Homes LLC
          homes in Pueblo West by Tralon Homes LLC

          Pueblo West

          Community by Tralon Homes LLC

          6190 Bobolink
          Colorado Springs, CO 80925

          Tralon Homes LLC

          888-674-2240

          from $403,310 - $533,460

          28 homes match your search

          Build on Your Lot by Seeger Homes by Seeger Homes in Colorado Springs Colorado
          homes in Build on Your Lot by Seeger Homes by Seeger Homes
          homes in Build on Your Lot by Seeger Homes by Seeger Homes

          Build on Your Lot by Seeger Homes

          Community by Seeger Homes

          4783 Farmingdale Drive
          Colorado Springs, CO 80918

          Seeger Homes

          888-445-3144

          from $301,381 - $440,184

          27 homes match your search

          The Trails at Aspen Ridge by Aspen View Homes in Colorado Springs Colorado
          homes in The Trails at Aspen Ridge by Aspen View Homes
          homes in The Trails at Aspen Ridge by Aspen View Homes

          The Trails at Aspen Ridge

          Community by Aspen View Homes

          8216 Falling Rock Dr.
          Colorado Springs, CO 80925

          Aspen View Homes

          888-356-7537

          from $464,995 - $584,995

          4 homes match your search

          Pathways Midtown by Classic Homes in Colorado Springs Colorado
          homes in Pathways Midtown by Classic Homes
          homes in Pathways Midtown by Classic Homes

          Pathways Midtown

          Community by Classic Homes

          6827 Starry Night Lane
          Colorado Springs, CO 80923

          Classic Homes

          888-839-8151

          from $440,000 - $520,000

          2 homes match your search

          Parkside at Victory Ridge by Lokal Homes in Colorado Springs Colorado

          Coming Soon

          Parkside at Victory Ridge

          Community by Lokal Homes

          1707 Spring Water Point
          Colorado Springs, CO 80908

          Lokal Homes

          888-779-4721

          Chapel Heights by Challenger Homes in Colorado Springs Colorado
          homes in Chapel Heights by Challenger Homes
          homes in Chapel Heights by Challenger Homes

          Chapel Heights

          Community by Challenger Homes

          4013 Jericho Loop
          Colorado Springs, CO 80916

          Challenger Homes

          888-247-7214

          from $379,900 - $446,675

          6 homes match your search

          The Townes at Lorson Ranch by Challenger Homes in Colorado Springs Colorado
          homes in The Townes at Lorson Ranch by Challenger Homes
          homes in The Townes at Lorson Ranch by Challenger Homes

          The Townes at Lorson Ranch

          Community by Challenger Homes

          10132 Winter Gem Grove
          Colorado Springs, CO 80925

          Challenger Homes

          888-706-8830

          from $358,900 - $421,460

          8 homes match your search

          Skyline at Chapel Heights by Challenger Homes in Colorado Springs Colorado
          homes in Skyline at Chapel Heights by Challenger Homes
          homes in Skyline at Chapel Heights by Challenger Homes

          Skyline at Chapel Heights

          Community by Challenger Homes

          4013 Jericho Loop
          Colorado Springs, CO 80916

          Challenger Homes

          888-690-7509

          from $424,900 - $469,285

          6 homes match your search

          The Hills at Lorson Ranch by Tralon Homes LLC in Colorado Springs Colorado
          homes in The Hills at Lorson Ranch by Tralon Homes LLC
          homes in The Hills at Lorson Ranch by Tralon Homes LLC

          The Hills at Lorson Ranch

          Community by Tralon Homes LLC

          6190 Bobolink Trail
          Colorado Springs, CO 80925

          Tralon Homes LLC

          888-300-2680

          from $460,765 - $480,545

          3 homes match your search

          Dublin North by Richmond American Homes in Colorado Springs Colorado
          homes in Dublin North by Richmond American Homes
          homes in Dublin North by Richmond American Homes

          Closeout

          Green Special Offers Video

          Dublin North

          Community by Richmond American Homes

          5074 Makalu Drive
          Colorado Springs, CO 80924

          Richmond American Homes

          888-426-9878

          from $494,950 - $574,950

          1 home matches your search

          Ascent at Bent Grass by Challenger Homes in Colorado Springs Colorado
          homes in Ascent at Bent Grass by Challenger Homes
          homes in Ascent at Bent Grass by Challenger Homes

          Ascent at Bent Grass

          Community by Challenger Homes

          8190 Lemon Grass Road
          Peyton, CO 80831

          Challenger Homes

          888-874-1711

          from $374,900 - $437,900

          7 homes match your search

          Ascent at Ventana South by Challenger Homes in Colorado Springs Colorado
          homes in Ascent at Ventana South by Challenger Homes
          homes in Ascent at Ventana South by Challenger Homes

          Ascent at Ventana South

          Community by Challenger Homes

          11200 Feliz Way
          Fountain, CO 80817

          Challenger Homes

          888-713-6829

          from $369,900 - $447,600

          7 homes match your search

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          Colorado Springs, CO features many of the best home builder communities in Colorado, but finding lower priced homes has become increasingly difficult. In the last few years, the cost of building a new home in Colorado Springs has increased substantially. Despite the rising trend of housing prices, it’s still possible to design and build an affordable home in the Colorado Springs area. In fact, there are 51 communities and 23 builders in Colorado Springs with homes starting at under $500K.

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

          Many builders recognize there is growing demand in the Colorado Springs 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 Colorado Springs.