Special Report

The Cheapest City to Buy a Home in Every State

Source: Sean Pavone / iStock via Getty Images

Kansas: Kansas City
> Median home value: $95,600 (Kansas: $151,900)
> Median monthly housing costs with a mortgage: $1,204 (Kansas: $1,378)
> Share of housing units with a mortgage: 59.1% (Kansas: 59.4%)
> Homeownership rate: 56.3% (Kansas: 66.3%)
> Median household income: $45,665 (Kansas: $59,597)

Source: DenisTangneyJr / iStock via Getty Images

Kentucky: Covington
> Median home value: $111,500 (Kentucky: $141,000)
> Median monthly housing costs with a mortgage: $1,095 (Kentucky: $1,178)
> Share of housing units with a mortgage: 74.4% (Kentucky: 57.7%)
> Homeownership rate: 48.8% (Kentucky: 67.2%)
> Median household income: $43,437 (Kentucky: $50,589)

Source: BOB WESTON / iStock via Getty Images

Louisiana: New Iberia
> Median home value: $114,600 (Louisiana: $163,100)
> Median monthly housing costs with a mortgage: $1,083 (Louisiana: $1,295)
> Share of housing units with a mortgage: 43.8% (Louisiana: 52.3%)
> Homeownership rate: 56.1% (Louisiana: 65.6%)
> Median household income: $38,221 (Louisiana: $49,469)

Source: DenisTangneyJr / Getty Images

Maine: Lewiston
> Median home value: $140,600 (Maine: $190,400)
> Median monthly housing costs with a mortgage: $1,265 (Maine: $1,398)
> Share of housing units with a mortgage: 65.1% (Maine: 61.7%)
> Homeownership rate: 50.2% (Maine: 72.3%)
> Median household income: $44,523 (Maine: $57,918)

Source: AppalachianViews / iStock via Getty Images

Maryland: Dundalk
> Median home value: $149,800 (Maryland: $314,800)
> Median monthly housing costs with a mortgage: $1,315 (Maryland: $2,017)
> Share of housing units with a mortgage: 62.9% (Maryland: 72.9%)
> Homeownership rate: 63.8% (Maryland: 66.9%)
> Median household income: $55,757 (Maryland: $84,805)