Perham Homes under $400,000

Welcome to Perham, Minnesota, a charming city nestled in the heart of Otter Tail County, where small-town warmth meets vibrant community spirit. Known for its stunning lakes and picturesque landscapes, Perham is an ideal destination for those seeking a peaceful yet engaging lifestyle. With a population of just over 3,000 residents, this close-knit community offers an array of recreational activities, including fishing, boating, and hiking, making it a paradise for outdoor enthusiasts.

Perham is not just about natural beauty; it boasts a rich cultural scene with local shops, delightful eateries, and seasonal festivals that bring residents together. The city is also home to excellent schools, making it a great place for families to settle down and thrive.

For those looking to invest in their dream home, Perham offers a variety of options under $400,000. Whether you’re searching for a cozy starter home, a spacious family residence, or a charming lakefront property, you’ll find an impressive selection that caters to diverse tastes and budgets. With modern amenities and unique architectural styles, these homes provide both comfort and character, ensuring you find the perfect fit for your lifestyle.

Living in Perham means enjoying the best of both worlds: a serene environment with easy access to urban conveniences. With its welcoming atmosphere and affordable housing options, Perham is truly a hidden gem in Minnesota. Come explore the possibilities and discover why so many people are proud to call Perham home!

Newest Perham Homes under $400,000

$319,000

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7144059 MLS ⋅ 625 SqFt.

Enjoy lakeside living with this charming one-story, 2-bedroom cabin situated right at the water’s edge on the south shore of Devils Lake. The cabin features newer windows and flooring and comes completely furnished, making it easy to settle in and start enjoying the lake. The sale also includes an additional lake lot, providing an impressive 135 feet of lake frontage. The former garage has been converted into a convenient bunkhouse with additional storage space, offering extra room for guests and recreational gear. A wonderful opportunity to own a furnished lake getaway with plenty of shoreline and space to enjoy everything Devils Lake has to offer.

45544 Devils Lake Road, Perham

Listing courtesy of eXp Realty.

$369,000

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7143922 MLS ⋅ 1,936 SqFt.

WESTWIND PERHAM! Welcome to one of Perham’s most Sought-After Neighborhoods, conveniently located just minutes from everything the community has to offer, including Arvig Park, the Pioneer Grounds, and Lakeside Golf Course. Inside, this Move-In Ready home offers 4 Beds, 2 Full Baths, and an inviting Open-Concept Floorplan filled with Natural Light. Brand-New Flooring throughout the upper level gives the home a fresh, updated feel, while the Heart of the Home features a Beautiful Kitchen with Ample Cabinetry, an Oversized Island, and High-End Appliances. Downstairs, the Full Finished Basement adds Excellent Versatility with two additional Bedrooms, a second Full Bath, and a Spacious Family Room perfect for movie nights, entertaining, or relaxing at the end of the day. Step outside onto the Spacious Deck with wrap-around steps overlooking a Beautifully Manicured Backyard highlighted by a dedicated Fire Pit Area. With a Functional Layout, Updated Finishes, and plenty of Room to Grow, this home offers the perfect opportunity to Settle In, Make It Your Own, and enjoy everything the Growing Perham Community has to offer!

1207 6th Ave NW, Perham

Listing courtesy of Jack Chivers Realty.

$225,000

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7141011 MLS ⋅ 1,184 SqFt.

Simplicity, comfort, and easy living come together in this charming 2-bedroom, 1¼-bath single-level home — a perfect fit for first-time buyers or anyone ready to downsize without compromise. At the center of it all is an open-concept kitchen flowing seamlessly into the living room, creating a bright and inviting space for everyday living and effortless entertaining. A sunroom offers a peaceful retreat overlooking the well-maintained backyard and garden area, mostly fenced for privacy — a lovely spot to enjoy your morning coffee or watch the seasons change. Downstairs, a storm shelter with a convenient ¼ bath adds valuable peace of mind and extra functionality. Outside, a detached 2-stall garage provides ample storage and parking, rounding out this thoughtfully designed home. This is easy living, done right.

331 4th Avenue SW, Perham

Listing courtesy of eXp Realty.

$220,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7140636 MLS ⋅ 1,893 SqFt.

Warm, welcoming, and full of possibility — this 3-bedroom, 1¼-bath home is ready to be discovered. Step inside to a modern, inviting kitchen that sets the tone for the rest of the home. At the heart of it all is a spacious family room, perfectly suited for quiet relaxing evenings or lively game nights with family and friends. All three bedrooms are conveniently located on the main level, with the two secondary bedrooms sharing access to a bonus space ideal for a home office or playroom — flexible living for however your family needs it most. Downstairs offers even more potential, with ample room to create an additional bedroom or family room to fit a growing household. Outside, a fully fenced backyard keeps the patio private and peaceful — perfect for a relaxed Sunday grill-out with the ones you love. Tucked just minutes from town and local shops, this home offers the perfect balance of comfort, convenience, and everyday charm.

145 5th Street NW, Perham

Listing courtesy of eXp Realty.

$219,000

ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7053411 MLS ⋅ 1,161 SqFt.

AFFORDABLE PERHAM STARTER HOME! Located on the northeast side of Perham, just blocks from Main Street, this charming home offers Comfort, Value, and Convenience in a great location. The Oversized Backyard provides plenty of room for a Swing Set, Garden, Outdoor Entertaining, or simply relaxing beneath the shade of Mature Trees. Inside, the home offers 1,782 SqFt across three levels, featuring a functional floorplan and abundant Natural Light throughout. The main level includes a comfortable Living Room, Kitchen, and updated Full Bath, while the upper level offers two spacious bedrooms with ample storage and elevated neighborhood views. Downstairs, the partially finished basement adds valuable flexibility with a Third Bedroom, Laundry/Utility Room, and additional storage. A major highlight is the bright 3-Season Porch/Sunroom overlooking the backyard, creating the perfect setting for morning coffee, casual entertaining, or quiet evenings at home. The Sunroom also serves as a convenient breezeway to the 14x20 Garage, offering excellent space for projects, tools, or extra storage. Whether you’re searching for an Entry-Level Home or a Solid Addition to your Investment Portfolio, this property offers Affordability and Potential in an Excellent Location!

447 2nd Ave NE, Perham

Listing courtesy of Jack Chivers Realty.

$329,900

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7137879 MLS ⋅ 1,340 SqFt.

Be one of the first homeowners in this new 8-home development on Cherry Lane! This beautifully designed one-level home features 2 bedrooms, 2 bathrooms and an open-concept floor plan...perfect for comfortable everyday living and entertaining. Enjoy a maintenance-free exterior, high efficiency furnace, central air and an attached and insulated two-stall garage. The kitchen comes complete with stainless steel appliances and flows seamlessly into the dining and living areas. Conveniently close to the hospital, walking trails and easy Highway 10 access. Special assessments may be waived for qualified Buyers based on income eligibility. Don't miss this opportunity to own a brand-new home in a great location!

707 Cherry Lane, Perham

Listing courtesy of New Horizons Realty Of Perham.

$379,900

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7135832 MLS ⋅ 2,139 SqFt.

PERHAM! Built in 2012, this beautiful 4-bedroom, 2-bath home is located close to the walking path, golf club and city parks! Sitting on a .56-acre lot that features full grown trees, raised gardens, detailed landscaping & an underground sprinkler system. A large kitchen includes custom cabinets, a walk-in pantry and an oversized island. Large living room space with a lot of natural light. The primary bedroom includes a walk-in closet and a shared primary bathroom. Main floor also includes an additional bedroom with a walk-in closet. The finished lower level includes a generous sized family room, 2 additional bedrooms, a full bath & laundry room. The attached 2 stall garage is insulated and offers attic storage. An additional 12x32 detached storage shed for all of your extras. High efficiency gas furnace & central air. A 12X18 deck has plenty of space for outdoor entertaining or to just relax while enjoying the large backyard.

1214 6th Avenue NW, Perham

Listing courtesy of Trilogy Real Estate.

$264,900

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7134133 MLS ⋅ 1,600 SqFt.

Enjoy country living on 1.33 acres just 1/4 mile south of Perham, in a setting surrounded by mature trees and beautiful landscaping. This one-owner home offers an open floor plan with 3 bedrooms and 2 full bathrooms across 1,600 sq. ft. The kitchen includes an island, and there is plenty of outdoor space to relax, with three decks including one with a pergola. A large fenced backyard adds privacy, and the detached extra large one-stall garage provides convenient storage. For water and waste, the home has a private deep well and septic system. Additional value comes from great commercial frontage with 150 feet on Highway 78. Utilities average under $200 per month, and the location keeps you close to town for everyday convenience.

42269 State Hwy 78, Perham

Listing courtesy of AXEN Realty.

$209,900

ACTIVE Status ⋅ 5 Beds ⋅ 3 Baths ⋅ 7132070 MLS ⋅ 2,624 SqFt.

Don’t let the modest exterior fool you—this spacious Perham home offers over 2,600 finished square feet with five bedrooms, three bathrooms, including a comfortable owner’s suite. Enjoy three levels of flexible living space and a large fenced backyard. Conveniently located just blocks from schools, parks, healthcare, shopping, dining, and the PACC, this home delivers the space and location buyers need at an attainable value.

434 5th Street SW, Perham

Listing courtesy of eXp Realty.

$249,000

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7125201 MLS ⋅ 2,336 SqFt.

HEAD-TO-TOE REMODEL IN THE HEART OF PERHAM! Set on a Spacious Lot with a Tree-Lined Backyard, this exceptional property is Ideally Located just blocks from everything Perham has to offer, including Main Street, Arvig Park, and the Pioneer Grounds. Completely remodeled in 2026, the home offers the flexibility of One-Level Living with 3 Beds, 2 Full Baths, and a combined 2,336 SqFt across the Main Level & Finished Basement. The Showstopper Kitchen is particularly impressive, featuring High-End Appliances, Quartz Countertops, and All-New Cabinetry. Extensive updates continue with two Remodeled Bathrooms, New Luxury Vinyl Plank Flooring, New Carpeting, and All-New Lighting Fixtures, creating a polished, Move-In-Ready Interior. Downstairs, the Finished Basement adds excellent versatility with a spacious Family Room, Full Bath, and Two Bonus Rooms with access to a shared Egress Window in the Family Room. The quality improvements continue outside with a New Asphalt Roof, Fascia & Soffit, along with a Brand-New Septic Tank & Drainfield. With a Functional Layout, Generous SqFt, Extensive Updates, and an Accessible Price Point, this property offers Affordability, Modern Comfort, and an Excellent Location in the Heart of Perham!

452 4th St NW, Perham

Listing courtesy of Jack Chivers Realty.

$389,900

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7124826 MLS ⋅ 2,664 SqFt.

Enjoy peaceful country living with the convenience of being located within a mile of Perham and the Lakes Area! This inviting 3-bedroom, 2-bathroom home is situated on .8 acres, offering plenty of space, privacy, and room to enjoy the outdoors. Inside, the spacious kitchen flows seamlessly into the dining and living areas, creating a comfortable and welcoming layout for everyday living and entertaining. Step outside onto the side deck, the front deck or the walk out basement to relax, gather with friends and family, or simply take in the peaceful views from the 3-season porch. The main-level laundry adds everyday convenience. A large, finished basement offers two additional bedrooms, a full bathroom, an abundance of storage and a huge family room. Outside, you’ll appreciate the 3-stall attached garage, seamless gutters and oversized yard. Conveniently located near Big Pine & Little Pine Lakes, Lakeside Golf Course & the Perham walking trail. You'll be close to fishing, boating, dining, recreation, and year-round outdoor fun while still enjoying the space of country living. Property is located on a cul-de-sac. Recent updates include: A new water heater, Hunter Douglas blinds in the living room, new garage doors with garage door openers, new light fixtures, new flooring in lower the bathroom, fresh paint throughout! Septic is compliant! This home is move in ready!

44547 451st Street, Perham

Listing courtesy of Trilogy Real Estate.

$359,500

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7106036 MLS ⋅ 1,870 SqFt.

RURAL PERHAM RETREAT on ONE ACRE! Escape to your own little haven nestled near the end of a quiet dead-end road. This property offers the perfect blend of country peace and modern convenience. Check out the welcoming open floor plan with vaulted ceiling. Step through the patio door onto the backyard deck or head down to the screened three-season porch below to enjoy quiet evenings bug-free. This home features 3-bedrooms 2-bathrooms, natural gas furnace, central air and newer windows for energy efficiency. There is a 2-stall attached and insulated garage plus a storage shed for the tools and mower. The yard has an irrigation system, firepit area and a brand new septic system for peace of mind. Located just 3 miles from downtown...all on blacktop!

44198 Mosquito Trail, Perham

Listing courtesy of New Horizons Realty Of Perham.

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