MetairieEditor’s Note: Recently, MoneyWise revealed its list of the 40 most frugal and friendly places to retire. In a bid to provide an idea of what housing inventory is available in these cities and towns, we’re taking a look at listings in each of the cities on the list.

Not everyone can spend $1 million or more on a second home, even if it’s with the idea that eventually you’ll retire there. So when MoneyWise’s list of 40 places to retire that are more budget-friendly came out, we were curious — what kind of homes could you find in these towns?

Last week, we looked at the 36th city on the list — Augusta, Georgia. This week, we look at Metairie, Louisiana, and found some great options from anywhere around $50,000 all the way to $549,000.

“Despite having less than 150,000 residents, Metairie is a very diverse place,” MoneyWise said. “This town offers a robust nightlife and a very low cost of living. The median household income is around $52,000. Locals consider this town to be a good compromise between big-city and suburban living.”

“Metairie is located just a 15-minute drive from New Orleans, so you can get a taste of the city any time you want,” the entry adds. “There is one healthcare center in Metairie, but access to New Orleans gives you a wide variety of healthcare providers.”

SPACIOUS CONDO WITH SURPRISING PRICE

Price: $50,000

Our first example of what you can find in Metairie if you’re really, really wanting to be frugal. And surprisingly, we found that being on a budget doesn’t have to mean borderline livable. (more…)

Leona ValleyA California midcentury modern with views for days, tucked into an 11-acre property studded with pine, in the heart of a newly-designated AVA (American Viticultural area) designated area sounds like an amazing second shelter — especially when you see all the room it has for entertaining. (more…)

wright

The Penfield House was designed by the venerated Frank Lloyd Wright, and was one of his last designs before his death in 1959.

Frank Lloyd Wright aficionados who are looking for some income property can hit the jackpot with the Penfield Home, located in Willoughby Hills, Ohio, and situated on the Chagrin River.

The three-bedroom, one-and-a-half-bath home was commissioned by Louis and Pauline Penfield in 1952, the Penfield family said on a website used to showcase the home and its rental availability. (more…)

A visit to Bill and Hillary's starter home in Fayetteville, Ark., prompted Bethany Erickson to take a look at what the real estate market in the area looks like - and it's a boon for second home hunters.

A visit to Bill and Hillary’s starter home in Fayetteville, Ark., prompted Bethany Erickson to take a look at what the real estate market in the area looks like — and it’s a boon for second home hunters.

Love mountains, but also love shopping? Love Austin, but hate the traffic?

Haaaaaaaave you met Fayetteville, Ark.?

Now, I must confess a great deal of bias — Fayetteville is my old stomping grounds, and whenever we get a chance, we head there for R&R. In fact, we were there over Christmas vacation, and had the chance to tour a very well-known starter home — Bill and Hillary Clinton’s first home — where they lived while both taught at University of Arkansas’ law school.

(more…)