5 Affordable Homes in the Lowest Cost Housing Markets

If you’re looking for affordable housing, you have options. The National Association of Realtors® recently released a look at the five lowest cost housing markets in the country. Based on single-family home price data from the first quarter of 2014, they shortlisted a few cheap cities.

While none of these markets are bustling metropolitan areas, that doesn’t mean you’ll have to settle for an eyesore off the beaten path. We looked through the listings in each city and found plenty of appealing homes for sale.

We picked a representative home from each of the five cities to show low-cost doesn’t mean you have to sacrifice curb appeal. Each of the five homes below is within $8,000 of the median home price for that metro, so you’ll get a picture of what an average home in the area looks like.

If you like what you see, simply click on the image to learn more. If you want to do a deep dive into each market, just click on the city name.

1. Youngstown-Warren-Boardman, OH, median price $64,600 — 24 Wilda Ave, $65,900.

lowest cost housing markets

———

2. Decatur, IL, median price $69,600 — 256 E Melrose Ct, $69,900.

lowest cost housing markets

———

3. Toledo, OH, median price $72,100 — 4222 Overland Pkwy, $79,900.

lowest cost housing markets

———

4. Rockford, IL, median price $73,100 — 2328 Sauber Ave, $79,900.

lowest cost housing markets

———

5. Cumberland, MD, median price $81,400 — 469 Williams St, $89,900.

lowest cost housing markets