Real estate prices are climbing throughout Southern California but it’s still possible to find a home in Downey for less than $500,000 -- if you don’t mind a condominium or townhouse. 

Here are five options for Downey house hunters on a budget. 

10400 Downey Ave. 
#203

Price: $450,000
HOA: $353/mo. (includes water)

Listing agent: Wendy Wong (Treelanes Realty Group)

This 2-bedroom, 2-bathroom condo is located in the Stratford House, a mid-century complex in downtown Downey. Built in 1965, the home is spread across 1,353 square feet and includes a 1-car garage. In addition to a living room, there is a bonus den that can also be used as an office.

7308 Quill Dr.
#158

Price: $465,000
HOA: $341/mo.

Listing agent: Vicente Velez (Golden Feather Investments)

This home features 2 bedrooms and 1 bathroom, and is located near Los Amigos Golf Course. The unit includes central air and heating, fireplace in the living room, indoor laundry, and two garage spaces. Unfortunately, the photos provided to the MLS are not great, but the listing agent describes the home as “turnkey” with “lots of upgrades.”

7318 Quill Dr.
#28

Price: $469,000
HOA: $341/mo.

Listing agent: Bill Arseneau (Realty One Group West)

Located in the same gated complex as the home above, this property features 2 bedrooms and 2 bathrooms. Both bedrooms have been upgraded with hardwood floors, while the kitchen features granite counters and newer appliances.

11410 Dolan
#134

Price: $315,000
HOA: $215/mo. 

Listing agent: Joanna Lee (First Team Real Estate)

This condominium is located in a senior living community for adults ages 55 and older. The home features 1 bedroom and 1 bathroom and has been upgraded with granite countertops, laminate flooring, and tiled floor in the kitchen. A stackable washer and dryer are located inside the home with additional pantry space.

11410 Dolan Ave.
#229

Price: $294,000
HOA: $215/mo.

Listing agent: Renata Fallon (Redfin)

Located in the same Regent Terrace community as the home above, this condominium also has 1 bedroom and 1 bathroom. Features include carpet in the living room and bedroom, and laminate flooring in the kitchen. The complex features a recreation room, game room, media room, secured entry, and covered parking with assigned spaces.