Who doesn’t love a good deal, especially when it comes to real estate? So, we’ve searched the market high and low to find you the cheapest house in the world…. and several other affordable ones too!
Whether you’re a travel enthusiast, curious about the world’s most affordable homes, or worried about property prices, you won’t want to miss this.
From suburban townhouses to riverside homes, these budget-friendly homes are sure to make you rethink your next vacation or retirement destination. And if you’re dreaming of ocean views, you can explore our round up of the cheapest beach towns to live in the world for inspiration.
So sit back, relax, and get ready to explore the most economical destinations and cheap real estate around the globe. And of course, we’ll reveal where you can find the cheapest house in the world!
#1: AUD 12,000 – Chinderah, NSW, Australia
We have a winner! This home has been crowned the cheapest house in the world.
Calling all renovators and flippers! Here’s one of the cheapest houses in the world. Take this once-loved cabin and turn it back into a beautiful dwelling to enjoy riverside living, or use your skills to renovate and flip it for a profit. Either way, this property presents a fantastic bargain for those with vision.
The cabin features two internal living areas, two bedroom areas, and one bathroom. While the property has been affected in recent years by floods, this means you have the unique opportunity to start from scratch and create the home of your dreams.
Located in Hacienda Park, this property is a caravan and annex and is zoned as a village park. Council rates are nil, and there are tenants currently living on the property.
This property is perfect for those looking for a renovation project or an investment opportunity. With the potential to turn this once-loved cabin into a beautiful riverside dwelling, the possibilities are endless.
Don’t miss out on buying this bargain property in one of the most economical destination in Australia, and start turning your vision into reality. You might also want to explore our round ups of the cheapest houses in Australia and the best places to live in NSW.
#2: AUD 15,000: Eastern Cape, South Africa
Located in the highly sought-after area of Motherwell Nu11, this stunning property boasts two bedrooms, a comfortable lounge, a fully equipped kitchen complete with fitted cabinets, and a modern bathroom.
This home presents the perfect opportunity for those seeking a comfortable and convenient living space at an affordable price. With its well-appointed features, this property offers everything you need for comfortable living in the heart of Motherwell Nu11.
#3: AUD 15,500 – Onatario, Canada
This beautiful property is an example of a rare find in Canada’s house prices, offering a unique opportunity to own a stunning home for just $15,000. Featuring two bedrooms, a comfortable living area, a spacious kitchen, and a modern bathroom, this property is perfect for anyone looking for an affordable and charming living space.
Located in a quiet and peaceful neighbourhood, this property is the ideal place to escape the hustle and bustle of city life and enjoy a more laid-back lifestyle. With its beautiful architecture, lovely gardens, and quaint front porch, this home is sure to steal your heart from the moment you see it.
#4: AUD 15,500 – Bayanzurkh, Mongolia
The house is in excellent condition and boasts a clean and tidy interior with plenty of natural light. It features a modern 220v electrical system, making it easy to power all your electronic devices. The house is also equipped with a cozy 40 square meter kitchen and living area, perfect for entertaining guests or spending time with family.
The property boasts a generous 632 square meter lot, providing plenty of space for outdoor activities and relaxation. With its lovely landscaping and serene atmosphere, this property is the ideal place to escape the hustle and bustle of city life.
#5: AUD 15,600 – Alagoas, Brazil
Discover this charming house located in the peaceful neighbourhood of Santa Lucia! With a land measuring 5m x 10m and a constructed area of 50m², this lovely property features 2 cozy bedrooms, a kitchen, bathroom, and comfortable living/dining room.
Located conveniently near a health center, schools, grocery stores, pharmacies, and upa, this property is perfect for anyone seeking a convenient and comfortable lifestyle.
Priced at just R$ 55 thousand, this property is an excellent investment opportunity for those looking to settle down in a tranquil neighborhood. Purchase and Sale documents are available, but please note that financing is not accepted.
#6: AUD 44,000 – Indiana, USA
Looking for a unique opportunity to own property in Dewberry, Indiana? As one of the most affordable cities in Indiana, this town offers a lot.
The home is just over three bedrooms and 700 sqft and requires some renovation work, including new flooring, kitchen and bathroom updates, and a fresh coat of paint. While the furnace requires repairs or replacement, the home does have a new hot water tank. The property is already connected to water, sewer, gas, and electrical, making the renovation process a breeze.
With this deal, you’ll also receive a 50×100-foot vacant lot with water and sewer connections to the property line and gas right nearby. The vacant corner lot next door is also included in the sale, making this an excellent opportunity for both a primary residence or future revenue property and a commercial space.
But it’s not just the property value that makes Dewberry special. This charming Indiana town is home to friendly locals and is centrally located near nearby cities and attractions. With a price tag north of $40,000, it’s one of the cheapest houses on the list!
#7: AUD 30,000 – Saskatchewan, USA
Located in the heart of Eatonia, some 250 km southwest of Saskatoon and near the border with Alberta, this charming one-bedroom, one-bathroom home is a steal priced at just $19,900. Dating back to the 1930s, the home is full of character and sits on a spacious lot along Main Street, complete with a big backyard and shed for all your gardening projects.
Despite its age, the house is in good enough condition that you can move in and start living there while you decide what updates you want to make to fit your personal style. This presents the perfect opportunity for first buyers or anyone looking to put their own stamp on a home and create a cozy space to call their own.
Eatonia itself is an economical destination. It’s a small but friendly town that’s perfect for those seeking a quieter pace of life. With easy access to nearby big cities and attractions, you’ll never run out of things to do. Don’t miss out on the chance to make this charming one-bedroom house your new home in Eatonia.
#8: AUD 34,000 – 321 S 4th St – Bird Island, Minnesota, United States
Discover an unbeatable investment opportunity in Bird Island. This expansive plot offers a single-story home featuring 2 bedrooms and 2 bathrooms, complete with a convenient laundry area.
The potential of this property doesn’t stop there; an unfinished basement awaits your touch, promising added value. While the home may require some tender love and care, its potential for renovation or flipping can’t be overlooked.
FAQs on the cheapest house in the world
Which country has cheapest house?
There is no definitive answer to this question, as the price of houses can vary widely depending on a number of factors, such as location, size, and condition. However, some countries that are known for having relatively low real estate prices include India, Mexico, and some parts of Africa and Southeast Asia.
It’s worth noting that while some properties in these countries may be available at very low prices, there may be additional costs and challenges associated with purchasing property in these areas.
What house is the cheapest?
The cheapest house in the world can be found in Bear, Delaware, USA. It is currently listed for sale at AUD 3,800. Despite its low price tag, this home is fully equipped with modern features.
Where is it the cheapest to buy a house?
It is difficult to identify a single location that is universally the cheapest to buy a house, as real estate prices can vary widely depending on a number of factors. The cheapest houses in Australia can be found in places like Rubyvale QLD and Cobar NSW.
However, some regions and countries that are known for having relatively low housing prices include parts of Southeast Asia, Mexico, and Eastern Europe. In some cases, properties in these areas may require significant renovations or repairs, but they can still offer a unique and affordable buying opportunity for adventurous buyers.
What was the cheapest house ever bought?
It is difficult to identify the absolute cheapest house ever bought, as this information is not always publicly available. However, there have been a number of notable cases in which properties were sold for incredibly low prices.
For example, in 2010, a house in Detroit, Michigan was sold for just $1. This property had fallen into disrepair and required significant renovations, but the buyer saw the potential for the property and was neither interested or willing to invest the time and resources needed to restore it.
Similarly, there have been cases of homes being sold for nominal amounts in other parts of the world, often due to their dilapidated condition or other factors.
Can you buy a beach house for cheap?
Yes, you can buy a beach house for cheap. There are many cheapest beach towns to live in the world. Of course, the price of a beach house will vary depending on the property’s location, size, and condition. But if you’re willing to do some research, you can find a great deal on a beach house that’s perfect for you.
