I think you could find a single family home in Kachina or Mountanaire (about 7 min. from NAU.)
NO Down, No PMI, credit score of 620, if you buy this week you may just qualify for the $8,000. Tax Credit.
Single family is going to be tough in that price range. How much tolerance do you have for need to do major repairs? Condo would be no problem. To search all available homes in the NAU area: visit the attached website, or give me a call: 928-714-0001.