Perham Homes under $400,000

Welcome to Perham, Minnesota, a charming city nestled in the heart of Otter Tail County. Known for its picturesque landscapes and vibrant community spirit, Perham offers a unique blend of small-town charm and modern amenities, making it an ideal place to call home. Surrounded by sparkling lakes and lush greenery, outdoor enthusiasts will find endless opportunities for fishing, boating, hiking, and enjoying nature’s beauty.

Perham is not just about stunning scenery; it boasts a rich history and a thriving local economy. The city is home to a variety of small businesses, shops, and restaurants, providing residents with all the essentials and delightful dining experiences. The community takes pride in its excellent school system, making it a great place for families to settle down.

For those looking to invest in a home without breaking the bank, Perham offers an impressive selection of properties priced under $400,000. Whether you’re searching for a cozy single-family home, a charming cottage, or a spacious family residence, you’ll find numerous options that cater to various tastes and lifestyles. Many of these homes feature modern amenities, beautiful yards, and easy access to the city’s recreational activities.

With its welcoming atmosphere, strong sense of community, and affordable housing options, Perham is not just a place to live—it's a place to thrive. Explore the possibilities of making this delightful city your new home and experience the warmth and charm that Perham has to offer!

Newest Perham Homes under $400,000

$365,000

4 Beds ⋅ 2 Baths ⋅ 7155897 MLS

4 BR 2 BA home situated on 2.5 acres. Attached garage, Plenty of room to build additional outbuilding for the toys. Split staircase to lower level walks out to patio in back fenced yard.

41485 429th Street, Perham

Listing courtesy of Epic Realty Lake Country, Inc..

$319,000

2 Beds ⋅ 1 Baths ⋅ 7144059 MLS

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

4 Beds ⋅ 2 Baths ⋅ 7143922 MLS

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.

$205,000

2 Beds ⋅ 2 Baths ⋅ 7141011 MLS

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.

$219,000

3 Beds ⋅ 1 Baths ⋅ 7053411 MLS

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

2 Beds ⋅ 2 Baths ⋅ 7137879 MLS

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.

$374,900

4 Beds ⋅ 2 Baths ⋅ 7135832 MLS

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

3 Beds ⋅ 2 Baths ⋅ 7134133 MLS

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

5 Beds ⋅ 3 Baths ⋅ 7132070 MLS

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

3 Beds ⋅ 2 Baths ⋅ 7125201 MLS

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

3 Beds ⋅ 2 Baths ⋅ 7124826 MLS

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

3 Beds ⋅ 2 Baths ⋅ 7106036 MLS

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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