New Orleans Homes under $400,000

New Orleans Homes under $400,000

Welcome to the vibrant and enchanting city of New Orleans, Louisiana—where every street tells a story, and every corner is alive with culture and charm. Nestled in Orleans Parish, this unique city is renowned for its rich history, lively music scene, and delectable cuisine, making it a truly captivating place to call home.

New Orleans is famous for its historic architecture, from the iconic French Quarter's colorful facades to the majestic mansions of the Garden District. The city is a melting pot of cultures, offering a diverse community that celebrates life with joyous festivals, such as Mardi Gras and Jazz Fest. Whether you're strolling along the banks of the Mississippi River or enjoying live jazz in a local bar, the spirit of New Orleans is infectious.

For those looking to settle down in this remarkable city without breaking the bank, there are fantastic housing options available under $400,000. You can find charming single-family homes, cozy bungalows, and even modern condos that reflect the city's unique character. Many of these homes are located in welcoming neighborhoods that boast friendly neighbors and easy access to local amenities, parks, and schools.

Imagine waking up to the sounds of jazz wafting through your window or enjoying a cup of coffee on a porch adorned with lush greenery. With affordable housing options in New Orleans, you can embrace the vibrant lifestyle this city has to offer while making your dream of homeownership a reality. Come explore the possibilities and discover why New Orleans is not just a place to live, but a place to thrive!

Newest New Orleans Homes under $400,000

3917 Clematis St, New Orleans
$149,000
3 Beds ⋅ 2 Baths ⋅ 2026017748 MLS
NEW Roof, Updated Kitchen and 2nd Bath Alert!!! Flood Zone X! Updated electric and plumbing! This classic New Orleans cottage offers a beautifully updated three-bedroom, two-bathroom floor plan designed for comfortable everyday living and effortless entertaining. The exterior showcases striking curb appeal with fresh white siding, clean black accents, a crisp paved driveway, and an inviting front porch perfect for relaxing. Inside, you will find a bright and functional layout featuring a spacious kitchen, cohesive flooring throughout, and ample natural light. Situated on a well-maintained lot with a vibrant green lawn, this home is conveniently located just minutes from local dining, shopping, and public parks. Schedule your showing today!

3917 Clematis St, New Orleans
6350 Pauline Dr, New Orleans
$160,000
4 Beds ⋅ 2 Baths ⋅ 2026017670 MLS
Welcome to a fantastic real estate opportunity in the desirable Historic Pontchartrain Park Subdivision. This elevated home with fresh interior paint features 4 bedrooms, 2 bathrooms, large living room, eat in kitchen, and laundry room. Each window in the home is covered with manual roll up and down hurricane shutters. Shady backyard with just enough space to relax and enjoy family celebrations. Both front yard and backyard presents the perfect space for your landscape creativity to come to life.

6350 Pauline Dr, New Orleans
5126 Lafaye Street, New Orleans
$150,000
1 Beds ⋅ 1 Baths ⋅ 2026017154 MLS
This property is ideal for INVESTORS, BUILDERS, REHABBERS, or someone who would love a FIXER-UPPER. The home is being sold AS-IS. It is currently gutted, down to the studs, and unfinished. You have the opportunity to build to suit. Located in the nice historic Gentilly Terrace Subdivision. This historic area is lined with custom-built homes and places you minutes from downtown, City Park, and the French Quarters. Easy access to I-610 and I-10, local grocery stores, restaurants and the Lakefront. Make this FIXER-UPPER your CUSTOM DREAM HOME!!

5126 Lafaye Street, New Orleans
235 Belleville, New Orleans
$310,000
3 Beds ⋅ 2 Baths ⋅ 2026016737 MLS
Airbnb eligible, offering an opportunity for short-term rental use in addition to personal use. Located in Historic Algiers Point just half a block from the Mississippi River and paved levee walking and biking trail, this historic cottage offers original character, flexible living space, and a location that puts one of New Orleans' most distinctive neighborhoods right outside your door. Inside, the open living and dining area features antique heart pine hardwood floors and 12-foot ceilings. The kitchen is equipped with a gas range, microwave, dishwasher, and stainless steel refrigerator. Toward the rear of the home, the primary bedroom includes a Jacob's Ladder leading to a tucked-away loft space above. The second bedroom is positioned at the front of the home with built-in storage, private entry access, and access to the front porch. An additional office at the rear provides flexible space with the potential to serve as a third bedroom and opens to a private covered porch overlooking the fenced backyard. Both bathrooms feature antique cast iron clawfoot tubs, while the oversized laundry room provides additional functional space and storage. Outside, the fenced backyard includes mature landscaping and a separate shed that can be used for storage or workshop space. With historic details throughout, multiple outdoor spaces, and close proximity to the riverfront trail, this Algiers Point cottage offers plenty of character in a highly convenient location. Schedule your private showing today! seller willing to refinish floors prior to closing or give credit to buyer! Call for details!

235 Belleville, New Orleans
4608 Flake Avenue, New Orleans
$299,000
2026015815 MLS
INCOME-PRODUCING DOUBLE IN NEW ORLEANS EAST! Excellent opportunity for an owner-occupant or investor! This spacious double offers the perfect setup to live on one side and generate rental income from the other. One unit features 4 bedrooms, an office, and 2 full bathrooms, while the second unit offers 2 bedrooms and 1 full bathroom. Both units are move-in ready with renovated kitchens and bathrooms and several major upgrades already completed, including 2 new A/C units, a new roof, new tankless water heaters, and a new driveway. Outside, enjoy a nice-sized backyard with plenty of room to relax or entertain, plus a welcoming front porch perfect for enjoying sunny New Orleans days. Whether you're looking to house hack, expand your rental portfolio, or purchase a versatile multi-family property, this one offers space, upgrades, and income potential all in one!

4608 Flake Avenue, New Orleans
5623 Mandeville St, New Orleans
$324,900
3 Beds ⋅ 2 Baths ⋅ 2026015705 MLS
SCHEDULE SHOWING TODAY!

5623 Mandeville St, New Orleans
3120 Live Oak St, New Orleans
$304,900
3 Beds ⋅ 3 Baths ⋅ 2026015328 MLS
Welcome Home to this beautiful (NEW CONSTRUCTION HOME) featuring three bedrooms, 2.5 baths in approximately 1800 square-foot, enjoy a spacious open concept, layout modern kitchen with touch-less faucet and a proper primary suite situated on approximate 4500 square-foot lot this move-in ready home offers modern finishes, energy efficient features Low maintenance living, conveniently located near shopping dining major corridors and local amenities. schedule your private showing today! virtual staging use and select marketing photos. ALSO, 10FT ceilings! Let’s make your client a homeowner!Not Warrant by Realtor ,or Brokerage .

3120 Live Oak St, New Orleans
14813 Emory Road, New Orleans
$160,500
3 Beds ⋅ 2 Baths ⋅ 2026014622 MLS
Charming 3-bedroom, 2-bath brick home nestled in a quiet New Orleans neighborhood! This well-maintained property offers approximately 1,480 sq. ft. of living space with a functional layout and plenty of potential to make it your own. The classic brick exterior, spacious front entry, fenced yard, and attached garage add to the home's appeal. Conveniently located near major roadways, shopping, dining, schools, and everyday amenities. Whether you're a first-time homebuyer, looking to downsize, or searching for an investment opportunity, this property is ready to welcome its next owner. Schedule your private showing today and discover the possibilities!

14813 Emory Road, New Orleans
1739 Port St, New Orleans
$229,000
3 Beds ⋅ 2 Baths ⋅ 2026014525 MLS
Enjoy the best of historic New Orleans living in this beautifully updated home near the Bywater. Offered fully furnished, this property combines timeless architectural details with modern updates, making it truly move-in ready. Original hardwood floors, exposed brick, and charming historic walkthrough windows add warmth and character throughout the home, while the open living spaces create an easy flow for everyday living and entertaining. Carefully selected furnishings are included, allowing the next owner to enjoy the home from day one. Extensive renovations include a new roof, updated plumbing, updated electrical, and modern appliances, giving buyers the confidence of knowing the major improvements have already been completed. Step outside to a private backyard with plenty of room for entertaining, relaxing, or creating your own outdoor retreat. Situated on a quiet stretch of Port Street, you'll enjoy easy access to the restaurants, cafés, music, and culture that make the Bywater one of New Orleans' most desirable neighborhoods. Whether you're searching for a full-time residence, a second home, or an investment opportunity, this property offers the perfect blend of historic charm, modern convenience, and an unbeatable location.

1739 Port St, New Orleans
4578 Feliciana Dr, New Orleans
$172,000
3 Beds ⋅ 2 Baths ⋅ 2026014300 MLS
OFFERING $7000 IN CONCESSIONS!!!! If you’ve been looking for an incredibly solid, move-in-ready home with true New Orleans charm and zero hassle, THIS IS IT. Situated on a neat, landscaped lot in desirable Gentilly Woods, this well-kept property delivers reliable comfort, functional living, and easy maintenance from day one. Step inside to an open, easy-flowing layout anchored by durable tile flooring that runs seamlessly throughout the main living areas and bedrooms. The spacious front living room is filled with light, leading directly into a highly functional galley kitchen packed with honey-oak cabinetry, ample counter space, a gas range, and a breakfast pass-through that opens up to the formal dining area. It’s an effortless setup built for everyday ease. The primary suite features a quiet retreat with its own dedicated full bath, while the additional bedrooms offer bright windows, ceiling fans, and plenty of closet space. Outside, the home boasts great curb appeal with lush green lawn space, mature landscaping, a long concrete driveway for off-street parking, and a fenced yard. Move-in ready, low-maintenance, and positioned in an established New Orleans neighborhood. Call us today to lock in your private tour!

4578 Feliciana Dr, New Orleans
2503 General Taylor St, New Orleans
$235,000
3 Beds ⋅ 3 Baths ⋅ 2026014224 MLS
[READ FIRST] LOCATION, CHARACTER, AND POSSIBILITY! Positioned near the vibrant Freret Street corridor and just a short walk from St. Charles Avenue and the excitement of Mardi Gras, this two-story Arts and Crafts-style home presents an exceptional New Orleans renovation opportunity! ***Currently gutted to the studs, the residence is ready for a visionary buyer to restore its former glory. Its defining features include a spacious front porch, original beautiful bay windows, a corner-lot setting, off-street parking, and a raised lower level offering potential for additional finished space. The roof was replaced in 2022. Reimagine the property as an expansive single-family residence or explore its potential as a two-family home, subject to applicable zoning, permitting, and building requirements. The owner and general contractor have prepared conceptual after-repair renderings illustrating how the home could be thoughtfully renewed while preserving its distinctive New Orleans character and architectural integrity. The property is being sold strictly as-is and will require substantial renovation. Renderings are conceptual and provided for inspiration only. Cash or renovation financing only. Additional photographs and renovation perspectives are coming soon—stay tuned as the vision for this remarkable transformation unfolds.

2503 General Taylor St, New Orleans
8519 Pritchard Place, New Orleans
$320,000
3 Beds ⋅ 2 Baths ⋅ 2026014208 MLS
Welcome home to 8519 Pritchard Place—a spacious New Orleans home full of charm, character, and room to spread out! From the beautiful original wood floors to the inviting sunroom, this home offers the perfect blend of timeless features and everyday comfort. Enjoy a large kitchen and elegant French doors that add warmth throughout the home. The spacious primary suite features a large walk-in closet, and to make your move even easier, all appliances are included! Whether you're looking for space to entertain, relax, or simply enjoy the comforts of home, this one checks all the boxes.

8519 Pritchard Place, New Orleans
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