Dayton Homes under $500,000

Welcome to Dayton, Ohio – a vibrant city steeped in rich history and brimming with modern conveniences. Nestled in Montgomery County, Dayton is not just the birthplace of aviation, but also a thriving hub for culture, innovation, and community spirit. With a population of over 140,000, this dynamic city offers a unique blend of urban amenities and suburban charm, making it an ideal place to call home.

Dayton is known for its diverse neighborhoods, each with its own character and appeal. From the historic charm of the Oregon District to the family-friendly atmosphere of Centerville, there’s a perfect spot for everyone. The city boasts an array of parks, museums, and cultural attractions, including the renowned National Museum of the U.S. Air Force, which captivates visitors with its impressive collection of aircraft and exhibits.

For those seeking affordable housing options, Dayton shines brightly with homes available for under $500,000. Whether you’re a first-time homebuyer, looking to downsize, or searching for a family-friendly abode, you’ll find a variety of charming properties that suit your needs. From cozy bungalows to spacious family homes, Dayton offers a wealth of options that provide incredible value without sacrificing quality or comfort.

Additionally, the city’s cost of living is remarkably affordable, allowing residents to enjoy a high quality of life without breaking the bank. With excellent schools, a burgeoning job market, and a welcoming community, Dayton is not just a place to live; it’s a place to thrive. Explore the possibilities and discover your dream home in Dayton today!

Newest Dayton Homes under $500,000

$142,000

3 Beds ⋅ 2 Baths ⋅ 970908 MLS ⋅ Ray Gibson Jr

Welcome to 8327 Inwood Ave a 1940 Cape Cod with a main floor layout of 2 bedrooms, 1 full bath, Living room with wood burning fireplace (not warranted-not been used in yrs), Large Eat-In Kitchen with range, refrigerator, dishwasher, and garage disposal all staying with the property. Second floor is a large 3rd bedroom or private office your choice. Plus, a Full basement semi-finished that offers a Rec room with bar area, wood burning fireplace (not warranted- not been used in yrs), 1/2 bath, and plenty of storage. This property has great bones but does need some cosmetic/personal updates. Outside offers a 1 car-garage with a 19x9 attached enclosed patio, 2 sheds, and a brick grill area. Updates included a brand new 100-amp electric box installed Oct 2026, Furnace and Hot Water Heater new in 2017, Roof new in 2016, replacement windows in 1996. This property will be selling As-Is Where-Is condition, seller will make no repairs. Any and all inspections are welcomed, buyer to do their own due diligence as the seller inherited the property and has not lived there for many years. Agents, please see agent remarks before showing property. Motivated seller so bring me an offer.

8327 Inwood Avenue, Dayton

Courtesy of Ray Gibson Jr and Your Lifestyle Realty LLC

$349,900

3 Beds ⋅ 2 Baths ⋅ 970881 MLS ⋅ Taylor Yount

A rare opportunity to own 5 acres with two updated homes and ample garage space! The main residence has been fully remodeled and offers 3 bedrooms, 2 full bathrooms, and 1,546 sq ft. The kitchen features new cabinetry, granite countertops, tile backsplash, stainless steel appliances, and a large island. New LVP flooring, a beautifully remodeled main bathroom, and a primary suite with a private bath and walk-in tile shower complete the interior. A charming front porch adds to the home's appeal and provides a great place to enjoy the surrounding property. A second home on the parcel offers 612 sq ft with 1 bedroom and 1 bathroom. This separate residence features hardwood floors, a remodeled kitchen and bathroom, and stainless steel appliances. Additional amenities include a 2-car attached garage at the main home, a detached 2-car garage, and a U-shaped driveway for convenient access and parking. With two residences, updated interiors, and 5 acres of land, this property offers a variety of possibilities for living arrangements and use.

9235 W 3rd Street, Dayton

Courtesy of Taylor Yount and Streetlight Realty LLC

$249,900

3 Beds ⋅ 2 Baths ⋅ 970898 MLS ⋅ Kelley Peters

Just what you had in mind- this 1875 Historic home has been updated top to bottom. Rare first floor primary- with walk-in closet/laundry combo separated by 2 sets of pocket doors, NEW spa like bathroom- with an oversized soaking bath tub, custom glass tiled shower all the way to the ceiling, comfort height efficient toilet- bidet outlet is already right there- moen fixtures. Kitchen remodeled and dining room was opened up for a great open concept perfect for entertaining. First floor offers a second fully remodeled bath. Second floor offers 2 additional bedrooms, as well as a large open flex space area- lots of storage. Covered back porch was added with pavers- it's a great place to sit and relax. Brand new roof, gutters, ridge, intake vents April 2026, whole house water filtration system 2025. Other notable recent updates include High efficiency trane HVAC - all new ductwork, entire home has been fully rewired, including new electric service to "carriage house" Window world windows, custom entry doors, Kitchen with Requarth Cabinetry, granite countertops, front porch re-poured, water line replaced, basement crawl space has vapor barrier, as well as added supports, plumbing, oversized energy efficient hot water heater, basement stairs rebuilt as wall as access hatch, custom blinds. A rare feature is the secondary, 2 structure- previously used as an adu- currently used as a workshop. It would require some work to be livable again- let your imagination go wild- short/long term rental, workshop, office. 2 additional lots are available for purchase, to offer almost a half acre of land with in the city! Owner did start to strip woodwork in some areas of the home- can be easily repainted. Large shed not included, will be professionally moved prior to closing. Contact listing agent for details. Agents see remarks.

132 Centre Street, Dayton

Courtesy of Kelley Peters and Streetlight Realty LLC

$134,900

3 Beds ⋅ 1 Baths ⋅ 970888 MLS ⋅ Taylor Yount

This updated 3-bedroom, 1-bath ranch home features numerous interior improvements throughout. The home offers new LVP flooring throughout the main living areas, new carpet in all bedrooms, fresh interior paint, and updated light fixtures. The remodeled kitchen includes new countertops, a tile backsplash, and stainless steel appliances. The updated bathroom features a tile tub and shower combination. Exterior amenities include a one-car attached carport, covered rear patio, and storage shed. Don't miss this move in ready home, schedule a private tour today!

4236 Williamson Drive, Dayton

Courtesy of Taylor Yount and Streetlight Realty LLC

$150,000

3 Beds ⋅ 2 Baths ⋅ 970877 MLS ⋅ Michael Moorhead

Location is everything, and 143 E. Foraker delivers. Nice 2 story aluminum sided house offering 3 bedrooms, 1 full bath, 1 half bath, unfinished basement and 1,536 sq. ft. of versatile living space. Covered front porch and fended yard, updated windows, and Large 1+ car detached garage This property is positioned right in the heart of Dayton’s strongest rental and commuter demand zones. Highlights include: Unbeatable Location: Walking distance or a short bike ride to the University of Dayton campus, Brown Street Restaurants, UD Arena, Miami Valley Hospital, and South Park hotspots. Strong Upside: Perfect candidate for a high-yield student rental, healthcare professional housing, or a value-add flip. Properties in this corridor move fast—don’t miss out on this fantastic investment opportunity!

143 E Foraker Street, Dayton

Courtesy of Michael Moorhead and Real Tech

$125,000

3 Beds ⋅ 2 Baths ⋅ 970687 MLS ⋅ Kylene DeShayes

Welcome home to this well-maintained ranch offering 3 bedrooms, 2 full bathrooms, and 1248 sqft of comfortable living space. Step inside to an open-concept layout where the living room flows seamlessly into the spacious dining area, with large windows bringing in plenty of natural light. The kitchen features an abundance of traditional oak cabinetry in a warm honey finish, ample countertop space, and a convenient breakfast bar offering additional seating. A laundry closet with washer and dryer hookups is conveniently located just off the kitchen. Enjoy the desirable split-bedroom floor plan, with the primary suite situated on one side of the home and the additional two bedrooms and second full bath located down the hall, providing added privacy and separation. The primary suite features a private en-suite bathroom complete with a tub/shower combination, vanity, and new vinyl plank flooring. Situated on a .17-acre lot, the property also includes a storage shed for added convenience. This charming ranch is ready to welcome its next owners!

261 Boyer Street, Dayton

Courtesy of Kylene DeShayes and Agora Realty Group

$119,900

1 Beds ⋅ 1 Baths ⋅ 970870 MLS ⋅ Jessica Tucker

Motivated Seller! Welcome to the beautiful light-filled corner unit of the historic Hawthorne School Condos. In this converted classroom, you will find delightful details that were present when the building was a school--such as the original oversized classroom door, original chalkboard tucked away in the front closet, classic wainscoting all around, detailed tin ceiling, and original maple floors that have been lovingly restored. The unit features 12 ft ceilings and extra tall windows that encompass the entire unit--so the feel of the unit is much bigger than its actual footprint. As you enter the home, you are greeted by a lovely open floorpan. The bedroom used to be a cloak room and can fit up to a king sized bed. The kitchen features updated stainless steel appliances (refrigerator and range - 2019; microwave and dishwasher - 2025), lovely granite countertops, and recently updated backsplash (2025). This unit is one of only a few in the building that features its own in-unit washer and dryer; the top of the line Miele laundry set conveys with the property. If you have a heavy laundry day, you still have access to the laundry room in the basement of the building. In the basement of the building is a community room, laundry facility, and bike storage. Behind the building is a serene fenced courtyard for you to relax and experience the outdoors. This home is completed by a 2 car garage and additional assigned parking space so that you have plenty of parking options. HVAC system and water heater replaced in 2019, and the building has a commercial water softener for its water supply. The condos are owner-occupied and cannot be purchased for leasing. Agent owned.

226 McDaniel Street Unit 190, Dayton

Courtesy of Jessica Tucker and Coldwell Banker Heritage

$129,900

2 Beds ⋅ 1 Baths ⋅ 970824 MLS ⋅ Jenna Townsend

Updated where it counts! This 2 bedroom, 1 bathroom home offers 902 square feet with the big-ticket items already done: a new roof in 2023, a new furnace and air conditioning system in 2023, and a water heater replaced in 2019. Inside, brand new carpet gives the home a fresh, clean feel from the moment you walk in. A main-level laundry room with washer and dryer hook-ups keeps everyday chores convenient. Outside, relax on the covered front porch or enjoy the fenced yard, with room to garden, entertain, or simply spread out. With the major systems recently updated, this one is ready for its next chapter. Schedule your showing today!

3523 Woodbine Avenue, Dayton

Courtesy of Jenna Townsend and Irongate Inc.

$119,900

3 Beds ⋅ 2 Baths ⋅ 970838 MLS ⋅ M. Isabella Hart

First time home buyer? Looking for passive income? Looking for your next rehab project? Then this is the home for you - look at this and dare to dream. Discover the exceptional investment opportunity with this single family residence. This home is a true diamond in the rough promising a new project for a fix-and-flip or income investor or a first time buyer looking to build equity. Situated in a desirable Dayton neighborhood.

715 W Fairview Avenue, Dayton

Courtesy of M. Isabella Hart and Bella Realty Group

$339,000

2 Beds ⋅ 2 Baths ⋅ 970825 MLS ⋅ Kenneth E Bennett

Many updates recently completed, new furnace and air installed in 2025, new water heater 2024, new flooring 2022, bathrooms updated 2022, kitchen counter tops 2023, and new roof to be installed by HOA in 2027. That all adds up to maintenance-free living! You will love the view from your sunny all season room. The attic has extra flooring for more storage. HOA includes hazard insurance, exterior maintenance, lawn, snow removal, water, sewer, trash, heated pool, exercise room and clubhouse.

16 Scarborough Village Drive, Dayton

Courtesy of Kenneth E Bennett and Irongate Inc.

$109,900

2 Beds ⋅ 2 Baths ⋅ 966887 MLS ⋅ Sean Lightfoot

Say hello to the charming and classic brick and vinyl single-story condominium residence that features 1,179 square feet of living area, the home presents a well-proportioned floor plan designed for effortless, low-maintenance living. The interior features 2 bedrooms and 2 full bathrooms, offering an optimal arrangement for privacy and comfort. The layout is designed to facilitate a smooth flow, providing functional spaces that accommodate daily routines and quiet relaxation with equal ease. The exterior amenities include an attached 1-car garage providing secure vehicle parking and at the rear of the residence, a covered patio offers a tranquil outdoor space for leisure living while relaxing and getting some fresh air. Conveniently situated in Dayton, this property combines practical architectural design with the advantages of condominium living. Please contact us to coordinate a private viewing of this exceptional residence.

3124 Valerie Arms Drive, Dayton

Courtesy of Sean Lightfoot and Howard Hanna Real Estate Serv

$239,900

3 Beds ⋅ 1 Baths ⋅ 970711 MLS ⋅ Brandon Wilcox

Welcome to 6197 Garber Rd, Dayton! ***This 3-bedroom, 1-bath home offers 1,261 square feet of comfortable living space on a spacious lot of just over an acre ****Plenty of room to stretch out, garden, or simply enjoy the space***The property sits off the main road and provides plenty of privacy ***A standout feature is the huge outbuilding on the property that is ready for electrical hookup and full of potential as a workshop, home gym, or guest space ***Don't miss your chance to own a home with this much land and flexibility***Schedule your showing today!

6197 Garber Road, Dayton

Courtesy of Brandon Wilcox and Irongate Inc.

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