10 Most Affordable Markets For Home Buyers

Dated: March 14 2023

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Where are the most affordable places to live in the United States? Here's a list of metros where people spend the least amount of their income on housing...

1. Scranton, Pennsylvania

22% Mortgage-To-Income Ratio

Joe Biden's childhood town is rated the most affordable area of the country, where the cost of housing is about 22% of monthly income.

Scranton PA Affordable Housing

Scranton PA Homes For Sale 

2. Youngstown, Ohio 

23% Mortgage-To-Income Ratio

Youngstown's median home value is about $150,730 with monthly mortgage payment of just over $1,000. Take a spin on The Metro Parks Bikeway this spring.

Youngstown Ohio Affordable Housing

Youngstown OH Homes For Sale 

3. Toledo, Ohio 

24% Mortgage-To-Income Ratio

Toledo Ohio Affordable Housing

Toledo OH Homes For Sale 

First Time Home Buyer Guide

4. Akron, Ohio 

24% Mortgage-To-Income Ratio

Akron Ohio Affordable Housing

Akron OH Homes For Sale

5. Jackson, Mississippi 

24% Mortgage-To-Income Ratio

Median household income is less than $59,000, but typical mortgage payments are less than $1,200.

Jackson Mississippi Affordable Housing

Jackson MS Homes For Sale

6. Pittsburgh, Pennsylvania 

25% Mortgage-To-Income Ratio

Welcome to Mister Rogers' Neighborhood, where your monthly payments will be less than $1,500 for a $209,000 home. Don't forget to visit the Fred Rogers Memorial Statue and pay your respects. 

Pittsburgh Pennsylvania Affordable Housing

Pittsburgh PA Homes For Sale 

Down Payment Assistance For Home Buyers

7. Harrisburg, Pennsylvania 

26% Mortgage-To-Income Ratio

Harrisburg Pennsylvania Affordable Housing

Harrisburg PA Homes For Sale

8. Little Rock, Arkansas

27% Mortgage-To-Income Ratio

Little Rock Arkansas Affordable Housing

Little Rock AR Homes For Sale

9. Indianapolis, Indiana 

27% Mortgage-To-Income Ratio

Don't forget to visit The Children's Museum when you visit Indianapolis on your house hunting trip.

Indianapolis Indiana Affordable Housing

Indianapolis IN Homes For Sale

The Secret To Buying A Home In Any Season

10. St. Louis Missouri 

27% Mortgage-To-Income Ratio

St Louis Missouri Affordable Housing

St. Louis MO Homes For Sale


(Credits: The list of affordable homes was published by Zillow.com. Photos were created with the help of MidJourney.)

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Frances Thorsen

Frances Thorsen is a leading real estate author and thought leader. She got her real estate license and became a REALTOR® in 1985. She was an early adopter of real estate technology on the Interne....

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