Camrose Homes under $500,000

Welcome to Camrose, Alberta—a hidden gem that beautifully combines small-town charm with modern conveniences. Nestled in the heart of Alberta, this vibrant city is known for its friendly community, stunning natural landscapes, and a rich cultural tapestry that captivates residents and visitors alike. With a population of just over 18,000, Camrose offers a tight-knit community feel while boasting an array of amenities, including parks, shopping, and dining options.

One of the most appealing aspects of Camrose is its diverse real estate market. For those looking to find their dream home without breaking the bank, the city offers a selection of homes priced under $500,000. Whether you’re a first-time homebuyer, a growing family, or someone looking to downsize, Camrose has something for everyone. From charming bungalows to modern two-story homes, you’ll find properties that cater to various lifestyles and preferences.

The affordability of homes in Camrose is complemented by its excellent quality of life. Residents enjoy access to top-notch schools, recreational facilities, and numerous parks that provide ample opportunities for outdoor activities. The city also hosts a variety of community events, ensuring there’s always something to do and a chance to connect with neighbors.

If you’re seeking a welcoming community with affordable housing options, look no further than Camrose, Alberta. Discover the perfect blend of comfort, convenience, and community spirit—your dream home awaits!

Newest Camrose Homes under $500,000

Courtesy of Joel P Teeling of REMAX River City.

$175,900

3 Beds ⋅ 1 Baths ⋅ E4511842 MLS® # ⋅ Joel P Teeling

YOUR TICKET TO CAMROSE! If you're looking for an affordable way to enter the bustling Camrose real estate market, this is it! No need to worry about condo fees or attached neighbors here. This detached home is situated on a large lot in a quiet area, backing onto Kin Park. Enjoy the cozy cabin feel of this home, which is complimented by a wood stove, classic hardwood, open concept & plenty of natural light. The main floor has 2 bedrooms, including a primary that leads out onto the deck. Upstairs is a cool loft, ideal for a 3rd bedroom, home office or cozy reading nook. Enjoy upgrades like ALL NEW 100 AMP SERVICE. Step out back into the fully fenced, large & treed backyard. There is plenty of off-street parking here as well, with a detached garage, rear parking area & front driveway. Enjoy an easy walk to DOWNTOWN CAMROSE & quick access to schools, shopping, parks, recreation & more. Don't miss out - this affordable option won't last!

5231 46 Street, Camrose

Courtesy of Kris J Lindberg of Exp Realty.

$449,900

5 Beds ⋅ 3 Baths ⋅ E4510540 MLS® # ⋅ Kris J Lindberg

Well Maintained bungalow in the desirable neighborhood of Victoria Park Camrose. Situated in a beautiful and quiet cul-de-sac. This 1289 sqft 5 Bedroom 3 Bathroom home is immaculate & ready to move in. Some of the features include an attached double car heated garage, open concept living room with wood burning fireplace and oak cabinet kitchen, fenced back yard with a deck off the dining room BACKING ONTO THE GOLF COURSE, large primary bedroom with 3 pc ensuite, 2 more large bedrooms and a 4 piece bathroom complete the upstairs. Downstairs is fully finished with a huge family room, tons of storage, office/den and 2 more large bedrooms. The property backs onto to the 12th green. Updates include new windows and doors, new paint upstairs. Incredible Value

5310 60 St, Camrose

Courtesy of Ash H Somani of RE/MAX Rental Advisors.

$349,900

4 Beds ⋅ 2 Baths ⋅ E4508560 MLS® # ⋅ Ash H Somani

This lovely bungalow is located int the family-oriented community of GRANDVIIEW in CAMROSE. When entering this home you come to a spacious living room, a kitchen with all your essential appliances, and a dining area. There are 3 spacious bedrooms and a full bathroom on the main level. Enjoy the beautiful NATURAL LIGHT throughout the home! The basement features a large recreation room with a built in BAR, a bedroom, a den and a full bathroom. Enjoy the summers in your private backyard with a large DECK. Enjoy the convenience of your own dedicated detached single GARAGE. This home is located close to all your amenities including shopping, restaurants, schools, parks and walking trails!

5807 48b Avenue, Camrose

Courtesy of Stefan Radovanovic of MaxWell Polaris.

$368,999

4 Beds ⋅ 2 Baths ⋅ E4506951 MLS® # ⋅ Stefan Radovanovic

Beautifully renovated and move-in ready, this spacious Camrose bungalow features a completely reimagined open-concept main floor that seamlessly connects the kitchen, dining and living areas. Tasteful coffered ceilings add character to the bright living space, complemented by vinyl plank flooring and updated vinyl windows throughout. At the heart of the home is a stunning two-tone modern kitchen featuring sleek cabinetry, subway tile backsplash and stainless steel appliances. With 4 spacious bedrooms, 2 bathrooms and a fully finished basement, there is plenty of room for the entire family. Outside, enjoy a large fenced yard with ample space to relax, entertain or play, along with the convenience of a detached single-car garage. A stylish, extensively updated home offering space, functionality and modern finishes inside and out.

6221 44b Avenue, Camrose

Courtesy of Taryn E Berndt of Royal Lepage Premier Real Estate.

$499,900

3 Beds ⋅ 2 Baths ⋅ E4500560 MLS® # ⋅ Taryn E Berndt

Welcome home to this lovely walk-out bungalow that backs onto Mirror Lake. Huge foyer with hardwood flooring leading into the bright west facing livingroom with gas fireplace and berber carpeting. Country style kitchen with vaulted ceiling features oaks cabinets, desk area and an eat-in nook that leads out to the extensive balcony with gas BBQ hook-up - great for entertaining. Spacious primary bedroom has a walk-in closet and 5 piece ensuite, BD1 has attached shelves that stay. Additional 4 piece bath is perfect for guests. Mainfloor laundryroom leads to an unique area that can be set up for a small business such as a hair/nail salon or massage therapist or may be taken down for a larger garage. The basement features another bedroom, flexroom, computer area, workshop with mandoor to the back patio and rec room with access out to the huge backyard 0.45 of an acre! Backing onto the trail around the lake come see this home today.

4720 51 Street, Camrose

Start Your Search

MLS® System Data is made available from the REALTORS® Association of Edmonton. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton. Copyright 2026 by the REALTORS® Association of Edmonton. All Rights Reserved. Data was last updated .

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.