The 10 most affordable cities in America to buy a home
Homeownership can feel impossible given the current economic climate, but some cities are still relatively affordable
The vast majority of American renters say they hope to one day own a home, but with rising prices, low housing stock, and high mortgage rates, it can feel like an impossible goal.
Not everywhere, though.
WalletHub identified the 10 most affordable cities in the U.S. to buy a home.
“When deciding where to buy a home, home prices alone aren’t a good enough indicator of how affordable things will be,” said WalletHub analyst Chip Lupo. “You also have to consider how the average price compares to a typical income in the area, plus things like the overall cost of living and the costs of maintenance and taxes.”
Lupo and his team looked at 10 different metrics across 300 cities to make to their list.
Continue reading to see where you might be able to easiest realize your dreams of homeownership.
2 / 11
#10: Indianapolis, Indiana
3 / 11
#9: Fort Wayne, Indiana
4 / 11
#8: Augusta, Georgia
5 / 11
#7: Memphis, Tennessee
6 / 11
#6: Yuma, Arizona
7 / 11
#5: Akron, Ohio
8 / 11
#4: Surprise, Arizona
9 / 11
#3: Pittsburgh, Pennsylvania
10 / 11
#2: Detroit, Michigan
11 / 11
#1: Flint, Michigan
