New Orleans, LA
What you get: A "shotgun" cottage home (accommodates two); one bedroom; one bathroom
By definition, a shotgun home is no more than 12ft wide, and at 400sqft total, this one fits the bill nicely. But again, don't let the size fool you -- the amenities (see: central air, Jacuzzi tub, rain shower head, flat-screen TV, and private backyard area) are pretty plush. It's two blocks from Magazine St, which has coffee shops, restaurants, and all kinds of fun places to shop.