Special Report

Cheapest Cities to Buy a Home

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40. Alton, Illinois
> Median home value: $79,900
> Median monthly housing costs with a mortgage: $961 — 44th lowest of 1,774 cities
> Share of housing units with a mortgage: 61.9% — 448th lowest of 1,774 cities (tied)
> Homeownership rate: 59.6% — 839th lowest of 1,774 cities (tied)
> Median household income: $40,211 — 137th lowest of 1,774 cities

Source: Smallbones / Wikimedia Commons

39. Mansfield, Ohio
> Median home value: $79,600
> Median monthly housing costs with a mortgage: $909 — 24th lowest of 1,774 cities
> Share of housing units with a mortgage: 54.6% — 148th lowest of 1,774 cities (tied)
> Homeownership rate: 50.2% — 404th lowest of 1,774 cities (tied)
> Median household income: $37,683 — 87th lowest of 1,774 cities

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38. Zanesville, Ohio
> Median home value: $79,600
> Median monthly housing costs with a mortgage: $900 — 21st lowest of 1,774 cities
> Share of housing units with a mortgage: 57.6% — 233rd lowest of 1,774 cities
> Homeownership rate: 42.8% — 186th lowest of 1,774 cities (tied)
> Median household income: $30,345 — 12th lowest of 1,774 cities

Source: Public Domain / Wikimedia Commons

37. Terre Haute, Indiana
> Median home value: $78,700
> Median monthly housing costs with a mortgage: $873 — 9th lowest of 1,774 cities
> Share of housing units with a mortgage: 61.7% — 435th lowest of 1,774 cities (tied)
> Homeownership rate: 52.8% — 510th lowest of 1,774 cities (tied)
> Median household income: $36,406 — 66th lowest of 1,774 cities

Source: Geoff Eccles / Getty Images

36. Greenville, Mississippi
> Median home value: $78,300
> Median monthly housing costs with a mortgage: $1,007 — 74th lowest of 1,774 cities (tied)
> Share of housing units with a mortgage: 42.3% — 22nd lowest of 1,774 cities
> Homeownership rate: 49.3% — 367th lowest of 1,774 cities (tied)
> Median household income: $27,025 — 4th lowest of 1,774 cities

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