Top 10 Most Affordable Cities to Buy a House in the US

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Home prices have risen across the country in recent years, despite falling household incomes. Home affordability, on the other hand, had been a major issue ... read more...

  1. The first city that has been suggested for your future residence is Akron, Ohio. The median home listing price in Akron in 2021 was $157,417, which is 54.5 percent less than the national average. Akron, Ohio's fifth-largest city, has a small-town atmosphere and a low crime rate. It is around 40 miles south of Cleveland and has throughout the years become a center for numerous industrial and production enterprises. The city, which was once known for rubber manufacture, is now recognized for plastic manufacturing, and it has even been called the "Polymer Valley".


    Home prices in Akron are 750 percent less costly than in New York City, according to Best Places. Plus, Akron has a lot more to offer than simply low-cost housing. There's also a zoo, an art museum, and a number of major parks. Cuyahoga Valley National Park, which has miles of hiking paths and a beautiful waterfall, is also located here.

    Akron, Ohio
    Akron, Ohio
    Akron, Ohio
    Akron, Ohio

  2. Even though crime rates in Detroit, Michigan is higher than the national average, there are still numerous safe communities in which potential house buyers may settle. The median home listing price in Detroit, according to Realtor.com is $78,000. While median incomes are also on the low side, the average monthly mortgage payment in Motor City is only about 6% of monthly income. This means you'll have a lot of money left over each month for house improvements (for example buying a home warranty plan from a company to ensure these renovations are secure).


    Despite having experienced many big setbacks during the last decade, Detroit has been on the mend in recent years. Major corporations such as Quicken Loans, General Motors, and Ally Financial still have their headquarters in Detroit, therefore there are plenty of work prospects. In addition, Apple recently announced plans to create its first North American developer academy in Detroit in collaboration with Michigan State University.

    Detroit, Michigan
    Detroit, Michigan
    Detroit, Michigan
    Detroit, Michigan
  3. While many people associate Memphis, Tennessee with Elvis Presley or country music, some analysts believe the city is set for the next major tech explosion. Alongside Memphis’s growing tech scene, FedEx, the state government, and the US government make up the city’s largest employers. The average home value in Memphis, according to Zillow, is just under $140,000. With a median age of 34, the city is ideal for young professionals or families looking to buy a home.


    While Memphis' reputation is evolving, the city hasn't forgotten its heritage. Memphis dubbed the "cradle of American music" hosts hundreds of concerts and shows every year. This is an ideal place for those who love music!

    Memphis, Tennessee
    Memphis, Tennessee
    Memphis, Tennessee
    Memphis, Tennessee
  4. Tulsa is a great place to purchase a house in 2022, with a cost of living that is 15% lower than the national average. The population of the city is just over 400,000 people, with an average income of now over $46,000. Tulsa's average home listing price is $200,000, according to Realtor.com. The wealth that flowed to the area in the 1920s has left an indelible mark on the city, which was once renowned as the "oil capital of the world". Local sports teams like the Tulsa Drillers and the Tulsa Oilers pay tribute to this time. Tulsa has some of the greatest art deco architecture in the country, thanks to the city's success in the 1920s.


    While the city's oil boom ended in the 1960s, the energy business thrives today. Aerospace jobs abound, and the city is home to the American Airlines Maintenance and Engineering Center, the largest of its kind in the world.

    Tulsa, Oklahoma
    Tulsa, Oklahoma
    Tulsa, Oklahoma
    Tulsa, Oklahoma
  5. Because of its high crime rate, Baltimore is a city that is sometimes overlooked. However, there are several high-quality home security systems available today to keep your home and family secure. Many high-profile employers call Baltimore home, including John Hopkins University and Northrop Grumman, one of the world's leading military technology and weapons manufacturers. The government also plays an important role in Baltimore's economy, with over 18% of the workforce employed by the city, state, or federal government.


    Baltimore's location is also unmatched, as it is only an hour's drive from Washington, DC, and you can get there quickly by using the MARC from Penn Station. Many Baltimore residents prefer to work in the much more costly Washington, DC, rather than pay the exorbitant house costs in Baltimore. Baltimore has a typical house price of $205,000 and a median salary of little over $50,000.

    Baltimore, Maryland
    Baltimore, Maryland
    Baltimore, Maryland
    Baltimore, Maryland
  6. If you're looking for a warm and economical place to call home, Tampa, Florida is a good option. Tampa's cost of living is 9.1% lower than the national average, and the typical household income is $50,909. The median home price in the city is $259,155. While the oceanfront property is not available in Tampa, the beaches are only 30 minutes distant. Living in Tampa might feel like a permanent vacation, with mild winters, warm summers, and over 170 parks.


    In this laid-back city, career options abound, and you may easily find work in healthcare, technology, or finance. Even though salaries are 15% lower than the national average, there is no state income tax. Furthermore, Tampa residents spend 31% less on electricity than the national average. The city's culinary culture is worth trying. Tampa has a large Cuban community, and great, authentic Cuban restaurants can be found on nearly every corner.

    Tampa, Florida
    Tampa, Florida
    Tampa, Florida
    Tampa, Florida
  7. Cleveland, Ohio, is not just a cheap city, but it's also a young one. The median home price in the area is $140,000, with a median age of 36. It's recognized for being an incredibly vibrant city, with people enjoying boat parties and water activities for as long as the weather allows. It's also a terrific spot for wildlife enthusiasts, as the city has a large network of protected areas. There are nearly 300 miles of hiking, bicycling, and horseback riding trails in the Cleveland Metroparks System, as well as nature centers, golf courses, picnic areas, and fishing locations.


    The city's economy is also growing, with new cooperation between the state of Ohio, two colleges, and three hospitals expected to create 20,000 employees over the next ten years.

    Cleveland, Ohio
    Cleveland, Ohio
    Cleveland, Ohio
    Cleveland, Ohio
  8. Saint Louis, Missouri, is one of the smallest large cities on this list, with a population of just over 300,000 people. The cost of living in Louis is 19 percent less than the national average and roughly 5% less than the Missouri state average. When compared to many other parts of the state, those coming to St. Louis should expect to pay less for healthcare, housing, and utilities. Food and local transit expenditures are also on the upper end of the scale.


    Saint Louis was acquired by Thomas Jefferson as part of the Louisiana Purchase, and it was also the starting point for Lewis and Clark's expedition in 1804. This rich history has resulted in a plethora of historic museums and structures, many of which are open to the public and free of charge. With a typical property price of $244,787, Saint Louis is an appealing spot to settle down.

    Saint Louis, Missouri
    Saint Louis, Missouri
    Saint Louis, Missouri
    Saint Louis, Missouri
  9. While Wisconsin is best known for its beer and cheese, Milwaukee is also making a name for itself as a low-cost housing market. It is one of the best places to live in the United States, with a low cost of living, great employment possibilities, family-friendly activities, and a dining scene based on cheese and craft beer. Milwaukee, which is located on the western shore of Lake Michigan, has a typical home price of $167,000.


    Aurora Healthcare, Ascension Wisconsin, and Froedtert Health are the city's top three employers, showing that healthcare is the city's foundation. Milwaukee is an appealing location for those wishing to flee more costly metro regions such as Chicago, as it is only 90 miles away. Milwaukee's typical house listing costs are about half those of Chicago's, making it a great alternative for people who want to live in the large metropolis without breaking the bank.

    Milwaukee, Wisconsin
    Milwaukee, Wisconsin
    Milwaukee, Wisconsin
    Milwaukee, Wisconsin
  10. Toledo is situated at a strategic location. It's a one-hour trip to Detroit, a two-hour journey to Cleveland, and around four hours to Chicago from this location on the western edge of Lake Erie. Although Toledo has had a slowing economy since the 1980s, the rust belt city has made advances in recent years toward a brighter future.


    According to research from the Federal Reserve Bank of Cleveland, construction jobs increased the greatest in Toledo (6.4 percent between March 2018 and 2019). According to the research, employment in the financial activities sector "increased faster in the metro area (at 1.4 percent) than it did in Ohio (0.6 percent) and the United States (1.3 percent)". There are about three dozen universities and higher learning institutions within 60 miles of Toledo, including Bowling Green University and the University of Toledo, providing an exceptional concentration of potentially high-skilled workers.

    Toledo, Ohio
    Toledo, Ohio
    Toledo, Ohio
    Toledo, Ohio



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