The 'New Slaves' hitmaker, whose girlfriend, Kim Kardashian, gave birth to their first child, North West, in June, has been forced to lower the price of his Hollywood Hills mansion for the second time to $2.8 million.
The 36-year-old rapper first put his three-bedroom, four-bathroom, property on the market in March for $3.3 million and dropped the price to $3.15 million in early June after he failed to attract a buyer.
He has now lowered the price again in a desperate bid to shift the house, according to gossip website TMZ.com.
Kanye placed his home on the market after buying his first house with Kim, 32, for $9 million in Bel Air, Los Angeles, in June 2012.
He previously put his house - which he bought in 2003 - on the market in 2010 for $3,995,000, although he didn't end up selling it.
Their new home is still being renovated and the couple are currently renting a place in the same neighbourhood after initially moving in with Kim's mother, Kris Jenner, following North's birth, five weeks early.
Kim sold her own stunning Beverly Hills villa for $5 million last August, which she bought in 2010 for $4.8 million.