Leprechaun 5
As the Leprechaun film series progressed and we saw films set in Las Vegas, Los Angeles, and even outer space, it became clear that the goal was less to provide a cohesive story and more to have a good time.
Leprechaun in the Hood (original site) is the sixth Leprechaun film. It's about optimistic kids striving to conquer a world that's against them, and the hardships they confront.
The leprechaun plays a significant role in what is happening and is also another important aspect of the story.