Homes for sale under $500k in New Orleans, LA

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NEW CONSTRUCTION

ABOUT THIS HOME
Homes for sale under $500k in New Orleans, LA
Welcome to your dream home — a newly built masterpiece where luxury meets innovation. This award-winning home captured top honors at the Parade of Homes, earning “BEST KITCHEN” , “BEST BACKYARD, ” “BEST PRIMARY BEDROOM, ” and the coveted “PEOPLE'S CHOICE AWARD” ( In homes below $500K). Every inch of this residence reflects the craftsmanship and attention to detail that impressed the judges and will captivate you too. This impeccably crafted residence boasts premium finishes throughout, starting with a turf-lined driveway and continuing inside with 10-foot ceilings on the first floor and 9-foot ceilings upstairs, 2-piece crown molding, an

$439,000

4 beds2.5 baths1,871 sq ft

2418 Onzaga St, New Orleans, LA 70119

Wood flooring • 9ft ceiling • 10 foot ceilings

ABOUT THIS HOME
Homes for sale under $500k in New Orleans, LA
Well maintained duplex located on neutral ground Fleur de Lis. Right side has 3 bedrooms, 2 full baths, formal dining, kitchen, den and office which could be used as 4th bedroom. Left side has 2 bedrooms, 1 bath, large living area, eat in kitchen with offset washer dryer area and carport. Cherry cabinets. Ceramic and vinly plank. No carpet. Applicances remain.

$439,000

5 beds3 baths2,500 sq ft

6819-21 Fleur De Lis Dr, New Orleans, LA 70124

Parking • Built 1970 • Listed 104 days

ABOUT THIS HOME
Homes for sale under $500k in New Orleans, LA
Welcome to this beautiful, renovated home in the heart of River Ridge. This 3-bedroom, 2 bath home, plus an office or bonus room offers a little over 1700 sq feet of living space. New roof (2022), New Kitchen, New Bathrooms, New floor throughout. This amazing home offers a generous living space, thoughtful updates, and a convenient River Ridge location.

$437,500

3 beds2 baths1,704 sq ft

9412 Francine Dr, New Orleans, LA 70123

River ridge location • Renovated home • New kitchen

ABOUT THIS HOME
Homes for sale under $500k in New Orleans, LA
SPACIOUS RENOVATED 1 BEDROOM WITH GARAGE PARKING AND MONTHLY HOA FEES OF ONLY $275 . . . Located in the busting corridor between Emeril's Restaurant and Lucy's Retired Surfers Bar, this Warehouse District condominium illustrates the dramatic transformation that takes place with a complete renovation AND HAS GARAGE PARKING. In the summer of 2024, this residence was taken down to the sheetrock and had all interior components replaced: hardware, light fixtures, window treatments, flooring, bathroom, kitchen and water heater. Beyond the renovation, additions include a faux fireplace flanked by wood shelves, a second sitting and entertaining area that was created by repositioning the bedroom wal

$435,000

1 bed1 bath1,033 sq ft

404 Notre Dame St #1, New Orleans, LA 70130

Second sitting area • Faux fireplace • Garage parking

ABOUT THIS HOME
Homes for sale under $500k in New Orleans, LA
This gem is located in the heart of historic Algiers Point. Enjoy the views along the levee and walk to dining and to the ferry. Light & bright, this massive 2,650+/- sq ft home boasts an expansive front porch, some stained glass windows, soaring ceilings, wood floors and exposed brick fireplaces. The property has 5 bedrooms and 3 bathrooms + a 1 bed/1 bath detached carriage house for guests or supplementing income. Historic architectural features abound in transoms, corbels and mantels. Complete with a paid-for $50k Enphase solar panel array with full battery back-up, an extensive courtyard in the backyard and so much more, come see this charming historic property today!

$435,000

5 beds3 baths2,641 sq ft

440 Vallette St, New Orleans, LA 70114

Wood floors • Soaring ceilings • 3,841 sq ft lot

Property at 423 Murat St, New Orleans, LA 70119, 8 beds, 4 baths

$435,000

8 beds4 baths3,264 sq ft

423 Murat St, New Orleans, LA 70119

Property at 1913 Mehle Ave, Arabi, LA 70032, 4 beds, 3.5 baths

$435,000

4 beds3.5 baths2,014 sq ft

1913 Mehle Ave, Arabi, LA 70032

Property at 2206 Ursulines Ave, New Orleans, LA 70119, 3 beds, 2 baths

$435,000

3 beds2 baths1,703 sq ft

2206 Ursulines Ave, New Orleans, LA 70119

Property at 203 22nd St, New Orleans, LA 70124, 4 beds, 3 baths

$435,000

4 beds3 baths2,062 sq ft

203 22nd St, New Orleans, LA 70124

Property at 530 Abalon Ct, New Orleans, LA 70114, 3 beds, 2.5 baths

$435,000

3 beds2.5 baths2,050 sq ft

530 Abalon Ct, New Orleans, LA 70114

Property at 2328 30 Bienville St, New Orleans, LA 70119, 5 beds, 3.5 baths

$435,000

5 beds3.5 baths2,115 sq ft

2328 30 Bienville St, New Orleans, LA 70119

Property at 424 Fern St, New Orleans, LA 70118, 4 beds, 3 baths

$435,000

4 beds3 baths1,834 sq ft

424 Fern St, New Orleans, LA 70118

Property at 2628 30 N Rampart St, New Orleans, LA 70117, 4 beds, 2 baths

$435,000

4 beds2 baths1,680 sq ft

2628 30 N Rampart St, New Orleans, LA 70117

Property at 3625 St Charles Ave Unit 4B, New Orleans, LA 70115, 3 beds, 2 baths

$430,000

3 beds2 baths1,800 sq ft

3625 St Charles Ave Unit 4B, New Orleans, LA 70115

Property at 3316 Calhoun St, New Orleans, LA 70125, 4 beds, 3 baths

$430,000

4 beds3 baths2,132 sq ft

3316 Calhoun St, New Orleans, LA 70125

Property at 1332 Gallier St, New Orleans, LA 70117, 3 beds, 2.5 baths

$430,000

3 beds2.5 baths2,294 sq ft

1332 Gallier St, New Orleans, LA 70117

Property at 2726-28 Saint Philip St, New Orleans, LA 70119, 5 beds, 4 baths

$430,000

5 beds4 baths2,400 sq ft

2726-28 Saint Philip St, New Orleans, LA 70119

Property at 6541 Avenue A, New Orleans, LA 70124, 4 beds, 2.5 baths

$430,000

4 beds2.5 baths1,941 sq ft

6541 Avenue A, New Orleans, LA 70124

Property at 6968 Louisville St, New Orleans, LA 70124, 3 beds, 2.5 baths

$429,900

3 beds2.5 baths2,300 sq ft

6968 Louisville St, New Orleans, LA 70124

Property at 6970 Louisville St, New Orleans, LA 70124, 3 beds, 2.5 baths

$429,900

3 beds2.5 baths2,300 sq ft

6970 Louisville St, New Orleans, LA 70124

Property at 1040 Chartres St Unit D9, New Orleans, LA 70116, 1 bed, 1.5 baths

$429,000

1 bed1.5 baths921 sq ft

1040 Chartres St Unit D9, New Orleans, LA 70116

Property at 2272 New York St, New Orleans, LA 70122, 4 beds, 2.5 baths

$429,000

4 beds2.5 baths2,129 sq ft

2272 New York St, New Orleans, LA 70122

Property at 533 St Philip St #1, New Orleans, LA 70116, 1 bed, 1 bath

$429,000

1 bed1 bath767 sq ft

533 St Philip St #1, New Orleans, LA 70116

Property at 4535 37 Tchoupitoulas St, New Orleans, LA 70115, 6 beds, 2 baths

$429,000

6 beds2 baths1,946 sq ft

4535 37 Tchoupitoulas St, New Orleans, LA 70115

Property at 7516-18 Willow St, New Orleans, LA 70118, 4 beds, 3 baths

$429,000

4 beds3 baths1,825 sq ft

7516-18 Willow St, New Orleans, LA 70118

Property at 3212 Milan St, New Orleans, LA 70125, 4 beds, 3 baths

$429,000

4 beds3 baths1,764 sq ft

3212 Milan St, New Orleans, LA 70125

Property at 1312 Chartres St #1312, New Orleans, LA 70116, 1 bed, 1 bath

$429,000

1 bed1 bath996 sq ft

1312 Chartres St #1312, New Orleans, LA 70116

Property at 225 Pacific Ave #225, New Orleans, LA 70114, 3 beds, 2 baths

$425,000

3 beds2 baths1,481 sq ft

225 Pacific Ave #225, New Orleans, LA 70114

Property at 415 Vallette St, New Orleans, LA 70114, 3 beds, 2 baths

$425,000

3 beds2 baths1,700 sq ft

415 Vallette St, New Orleans, LA 70114

Property at 3915 St Charles Ave #704, New Orleans, LA 70115, 2 beds, 2 baths

$425,000

2 beds2 baths950 sq ft

3915 St Charles Ave #704, New Orleans, LA 70115

Property at 900 Bartholomew St #406, New Orleans, LA 70117, 2 beds, 2 baths

$425,000

2 beds2 baths1,120 sq ft

900 Bartholomew St #406, New Orleans, LA 70117

Property at 911 St Peter St #4, New Orleans, LA 70116, 1 bed, 1.5 baths

$425,000

1 bed1.5 baths898 sq ft

911 St Peter St #4, New Orleans, LA 70116

Property at 227 Pacific Ave Ave #227, New Orleans, LA 70114, 3 beds, 3 baths

$425,000

3 beds3 baths1,448 sq ft

227 Pacific Ave Ave #227, New Orleans, LA 70114

Property at 333 Julia St #420, New Orleans, LA 70130, 2 beds, 2 baths

$425,000

2 beds2 baths1,126 sq ft

333 Julia St #420, New Orleans, LA 70130

Property at 1022 St Peter St #208, New Orleans, LA 70116, 1 bed, 1.5 baths

$425,000

1 bed1.5 baths1,042 sq ft

1022 St Peter St #208, New Orleans, LA 70116

Property at 1440 Magazine St Unit A, New Orleans, LA 70130, 2 beds, 2 baths

$425,000

2 beds2 baths1,256 sq ft

1440 Magazine St Unit A, New Orleans, LA 70130

Property at 1632 N Galvez St, New Orleans, LA 70119, 5 beds, 3 baths

$425,000

5 beds3 baths1,996 sq ft

1632 N Galvez St, New Orleans, LA 70119

Property at 2837 Calhoun St, New Orleans, LA 70118, 2 beds, 1 bath

$425,000

2 beds1 bath1,219 sq ft

2837 Calhoun St, New Orleans, LA 70118

Property at 1018 Royal St #4, New Orleans, LA 70116, 1 bed, 1 bath

$425,000

1 bed1 bath727 sq ft

1018 Royal St #4, New Orleans, LA 70116

Property at 4726 Owens Blvd, New Orleans, LA 70122, 4 beds, 2.5 baths

$425,000

4 beds2.5 baths3,100 sq ft

4726 Owens Blvd, New Orleans, LA 70122

Property at 1022 St Peter St #312, New Orleans, LA 70116, 2 beds, 1.5 baths

$425,000

2 beds1.5 baths1,043 sq ft

1022 St Peter St #312, New Orleans, LA 70116

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Homes for sale under $500k in New Orleans

There are currently 1954 homes for sale under $500k in New Orleans. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in New Orleans stay on the market for 130 days and receive 1 offers. Popular neighborhoods include French Quarter, Algiers, Bywater, New Orleans East, Algiers Point, Marigny, English Turn, Bayou St. John, Lakeview, and Gentilly. This map is refreshed with the newest listings in New Orleans every 15 minutes.

In the past month, 255 homes have been sold in New Orleans. In addition to houses in New Orleans, there were also 527 condos, 29 townhouses, and 837 multi-family units for sale in New Orleans last month. New Orleans is a moderately walkable city in Louisiana with a Walk Score of 58. New Orleans is home to approximately 343,794 people and 157,269 jobs. Find your dream home in New Orleans using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in New Orleans are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in New Orleans. Our New Orleans real estate stats and trends will give you more information about home buying and selling trends in New Orleans. If you're looking to sell your home in the New Orleans area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in New Orleans with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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The information is being provided by Multiple Listing Service of the Greater Baton Rouge Association of REALTORS®, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Some properties that appear for sale on the website may no longer be available because they are under contract, sold, or are no longer being offered for sale. © 2025 MLSBOX/GBRAR, All Rights Reserved.

Redfin
2831 St. Claude Ave
New Orleans, LA 70117
Licensed in Louisiana

Copyright 2025, New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for checking the accuracy, completeness, currency, and status of all information. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

Redfin
2831 St. Claude Ave
New Orleans, LA 70117
Licensed in Louisiana

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Homes for sale under $500k in New Orleans, LA

Homes for sale under $500k in New Orleans

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