Edmonton · Updated regularly

Edmonton Homes Under $400,000

Every active MLS® home in Edmonton under $400,000 — ranked around what you actually respond to, not newest-first.

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80
Active homes in this range
$220k
Median asking price
3
New in the last 7 days
~1 min
MLS® listing updates
Filters applied on this page
Edmonton Active listings only

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How these homes were selected

  • Active MLS listings in 367 curated neighbourhoods (including Windermere, Summerside, Oliver).
  • List price up to $400,000 (display relevance cap).

MLS area names are proxies; remarks may be incomplete; we do not verify walking distance, travel time, or exact proximity.

Selection criteria updated 2026-08-07.

Live inventory

Sample MLS listings in this budget

Opening one starts with three quick swipes — that is how the app learns which homes are worth your time. Takes about twenty seconds.

#703 9909 110 ST NWActive
$220,000
#703 9909 110 ST NW, Edmonton
2 bed 2 bath
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#1600 10149 SASKATCHEWAN DR NWActive
$189,000
#1600 10149 SASKATCHEWAN DR NW, Edmonton
2 bed 2 bath
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#404 9820 165 ST NWActive
$219,900
#404 9820 165 ST NW, Edmonton
2 bed 2 bath
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#103 860 SECORD BV NWActive
$224,000
#103 860 SECORD BV NW, Edmonton
2 bed 2 bath
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#419 2035 GRANTHAM CO NWActive
$229,900
#419 2035 GRANTHAM CO NW, Edmonton
2 bed 1 bath
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#120 8931 156 ST NWActive
$200,000
#120 8931 156 ST NW, Edmonton
2 bed 2 bath
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Sample of active MLS® listings. Photos and details come from licensed CREA DDF data and can change.

See all 80 homes
Why this list beats a price filter

A budget is where you start, not how you choose

Ranked, not just filtered

Swipe a few and the order changes around what you actually respond to. All 80 of these are not equally worth your Saturday.

Every home has an estimate

Keylo Price sits on each listing so you can see whether the asking price looks sharp or optimistic before you spend time on it.

Shortlist with someone else

Invite your partner or a friend to the same list and comment home by home instead of forwarding links.

We ran the distribution

$400,000 is the top of one Edmonton market and the bottom of another

Whether your budget is comfortable depends entirely on which kind of home you actually want — and the gap is bigger than most people expect.

Share of each type's active listings priced at or below $400,000.

Apartment / condo91%
median $204,8001,361 listings
Townhouse / row87%
median $319,998785 listings
Detached10%
median $570,0002,734 listings
What that means for you. At $400,000 you're above about 91% of Edmonton's condos but only 10% of its detached houses. If you're open to a condo, you're near the top of that market and can afford to be selective. If you specifically want a detached house — which is usually what people mean when they search "homes" — it's largely out of reach at this number across most of the city. The real decision is a townhouse now versus waiting. Same budget, two completely different strategies.

Percentile of $400,000 within each type's active Edmonton inventory on August 4, 2026. Prices are right-skewed by a small number of very high listings, so we rank by percentile rather than averages. 744 active listings sit outside these three types (duplex, multi-family and other forms) and are not shown. Active inventory only — it moves week to week.

FAQ

Frequently asked questions

What kind of homes can I expect to find in Edmonton for under $400,000?
For under $400,000 in Edmonton, you'll find a good selection of starter homes, including townhouses, duplexes, and some detached single-family homes, especially in mature or developing communities. These properties often feature 2-3 bedrooms, 1-2 bathrooms, and varying levels of upgrades.
What are the key differences between buying a home under $400,000 in Edmonton versus other major Canadian cities?
Edmonton offers significantly more value for homes under $400,000 compared to many other major Canadian cities. You can often find larger properties, more square footage, and potentially a detached home, where in other markets, this price point might only get you a condo or a much smaller attached unit. This allows for greater flexibility and growth potential.
Are there any hidden costs I should be aware of when buying a home in this price range?
Beyond the purchase price, you'll need to budget for closing costs such as legal fees, property transfer tax (if applicable), and potentially a home inspection. It's also wise to consider initial maintenance or renovation costs, as properties in this price range may require some updates.
Which Edmonton neighbourhoods typically offer homes under $400,000 with good amenities and accessibility?
Several Edmonton neighbourhoods provide great options under $400,000 while still offering good amenities and accessibility. Areas like Mill Woods, Clareview, and parts of the west and north sides often have a variety of homes in this price range, close to schools, shopping, and public transit routes.
Related searches

Other Edmonton searches

Edmonton homes under $300,000 → Edmonton homes under $500,000 → Starter homes Edmonton → Homes for sale in Alberta → Open concept homes Edmonton →

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