11) New Orleans, Louisiana
This city way down south has reached international fame thanks to its annual Mardi Gras festival. Each year, hundreds of thousands of people flock to New Orleans to celebrate Carnival. In addition to parades and street parties, there’s also the year-round Bourbon Street which features infinite live music and entertainment. New Orleans also draws tourists thanks to its incredibly interesting and somewhat exotic history, influenced heavily by the French. There are many important historical sites, including famous cemeteries and war museums. Visitors can even take a one-of-a-kind swamp tour! Owning property in New Orleans can be profitable all year round. On average, investing in a home will run you $173,000, roughly $10,000 less than the national average. Housing is cheap, but rent isn’t. The median rent in New Orleans is around $1,500. Buy a cheap fixer-upper in a good location and you’ve got yourself a gold mine!
