Special Report

The Cheapest City to Buy a Home in Every State

Source: chapin31 / Getty Images

Colorado: Pueblo
> Median home value: $141,000 (Colorado: $343,300)
> Median monthly housing costs with a mortgage: $1,133 (Colorado: $1,744)
> Share of housing units with a mortgage: 62.5% (Colorado: 71.3%)
> Homeownership rate: 56.6% (Colorado: 65.2%)
> Median household income: $40,450 (Colorado: $72,331)

Source: DenisTangneyJr / iStock via Getty Images

Connecticut: Waterbury
> Median home value: $130,700 (Connecticut: $275,400)
> Median monthly housing costs with a mortgage: $1,587 (Connecticut: $2,119)
> Share of housing units with a mortgage: 65.5% (Connecticut: 67.8%)
> Homeownership rate: 41.4% (Connecticut: 66.1%)
> Median household income: $42,401 (Connecticut: $78,444)

Source: pabradyphoto / Getty Images

Delaware: Wilmington
> Median home value: $168,000 (Delaware: $251,100)
> Median monthly housing costs with a mortgage: $1,368 (Delaware: $1,587)
> Share of housing units with a mortgage: 67.7% (Delaware: 65.0%)
> Homeownership rate: 43.4% (Delaware: 71.2%)
> Median household income: $45,032 (Delaware: $68,287)

Source: Murmakova / iStock via Getty Images

Florida: South Bradenton
> Median home value: $83,900 (Florida: $215,300)
> Median monthly housing costs with a mortgage: $1,090 (Florida: $1,503)
> Share of housing units with a mortgage: 30.8% (Florida: 56.8%)
> Homeownership rate: 54.0% (Florida: 65.4%)
> Median household income: $36,933 (Florida: $55,660)

Source: sshepard / Getty Images

Georgia: Albany
> Median home value: $99,800 (Georgia: $176,000)
> Median monthly housing costs with a mortgage: $1,128 (Georgia: $1,417)
> Share of housing units with a mortgage: 56.4% (Georgia: 65.1%)
> Homeownership rate: 40.4% (Georgia: 63.3%)
> Median household income: $36,615 (Georgia: $58,700)