Louis Vuitton’s Monogram canvas may be iconic, but there’s so much more to discover within the brand’s handbag lineup—especially for those shopping with a $5,000 budget. From subtly branded leather styles to reimagined classics with a twist, the French Maison continues to expand its offerings with bags that balance timeless elegance and modern appeal.

While recent price increases have pushed many designer staples into the five-figure range, Louis Vuitton still offers a curated selection of bags, both in canvas and leather, at lower price points.

Here are five Louis Vuitton bags under $5,000 that deserve a spot on your radar – Monogrammed, minimalist, and everything in between.

Odyssée Bag

New for Pre-Fall 2025, the Odyssée bag pays tribute to Louis Vuitton’s heritage while offering a modern take on everyday functionality. This compact silhouette is available in two finishes – the Maison’s classic Monogram canvas or smooth black calfskin. The flap secures with buckles and a magnetic closure, revealing a ruched drawstring opening underneath for added security and flexible access. Meanwhile, side pockets provide easy access to smaller essentials, such as keys or lipstick.

Measuring 10.6 x 6.7 x 4.7 inches, the Odyssée comfortably fits a 6.7-inch smartphone, coin purse, and other daily necessities. The bag features a textile-lined interior and cowhide leather trim, with two removable carrying options: a short chain strap with a 7.9-inch drop and an adjustable shoulder strap with a drop range of 7.9 to 18.9 inches. The Odyssée is priced at $3,000 in Monogram canvas and $3,950 in black calfskin.

Low Key Cookie MM

Louis Vuitton expands its Low Key lineup with the introduction of the Cookie. Crafted from soft and supple calfskin that’ll patina beautifully over time, the Cookie boasts a saddle-like silhouette. Its shape is reminiscent of the Hermès Arçon, with a playful nod to a fortune cookie. This otherwise minimalist hobo style is accented with gold-tone hardware, including a padlock, and a subtle “Louis Vuitton” heat stamp to the front—a signature of the Low Key lineup.

Offered exclusively in the MM size, the Cookie measures 12.6 x 10.2 x 2 inches and is secured with a zip top fastening. Inside, you’ll find a matching removable pouch for your essentials. When it comes to styling, the Cookie features a practical adjustable strap, allowing it to be worn on the shoulder or crossbody. Choose from three classic shades: Cognac, Walnut, and Black. The Low Key Cookie MM retails for $3,500.

Drop PM

The Drop PM revisits Louis Vuitton’s 2018 Flower Hobo with a sharper, more contemporary edge. This version trades the brand’s traditional Vachetta leather for black calfskin details, creating a sleeker contrast against the Monogram-coated canvas. A gold-toned padlock hangs from a leather name tag—an understated nod to the Maison’s design codes—while a hidden front pocket and magnetic closure enhance everyday practicality.

At 11 x 5.9 x 4.7 inches, the Drop PM is sized to fit daily essentials like a 6.7-inch smartphone, a long wallet, lipstick, keys, and earphones. The fixed shoulder strap provides an 8.7-inch drop for a close, comfortable carry. A larger GM version is offered at $2,830, the PM’s size and price point at $2,600 make it the more versatile choice, seamlessly transitioning from day to night.

Low Key Cabas MM

Another addition to Louis Vuitton’s minimalist Low Key lineup, the Low Key Cabas MM is exactly as the name suggests – an understated bag void of heavy branding. Made from supple grained calfskin, the design features a small heat-stamped logo and the Maison’s signature padlock, a defining feature of the Low Key lineup.

With generous proportions of 18.5 x 11.8 x 5.5 inches, it’s spacious enough to accommodate a 13-inch laptop. The open-top design offers easy access, while a small hook closure provides added security. The only touch of the iconic Monogram canvas motif appears inside the bag, in the form of a removable zippered pocket for your essentials. The practical double handles are adjustable for hand, short-shoulder, or long-shoulder carry. Available in Black, Cognac, Clay, and Chocolate, the Low Key Cabas MM retails for $4,400.

Soho MM

What goes around comes back around. With the Soho MM, Louis Vuitton draws on its archives to reimagine the 1996 Arlequin model as a structured, city-ready backpack. Monogram-coated canvas is trimmed with natural Vachetta leather, while a vintage-style buckle and gold-tone hardware nod to the Maison’s trunk-making roots. Between the removable strap that attaches to five D-rings and the addition of a single top handle, this piece offers multiple styling options—shoulder, backpack, or hand carry.

Measuring 9.4 x 12.6 x 3.5 inches, the Soho MM is built to hold your everyday essentials, including a 13-inch laptop, tablet, long wallet, smartphone, and more. For something smaller, the Mini version comes in at 6.7 x 9.1 x 3.1 inches and retails for $2,580. The Louis Vuitton Soho MM is priced at $2,790.

Whether you gravitate toward quiet leather styles or refreshed takes on Monogram classics, Louis Vuitton continues to deliver elevated options that don’t require a five-figure spend. Which of these under-$5K bags would earn a spot in your rotation?

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