Special Report

The Cheapest City to Buy a Home in Every State

Source: DenisTangneyJr / Getty Images

New Mexico: Roswell
> Median home value: $105,100 (New Mexico: $171,400)
> Median monthly housing costs with a mortgage: $1,030 (New Mexico: $1,280)
> Share of housing units with a mortgage: 48.4% (New Mexico: 54.2%)
> Homeownership rate: 66.1% (New Mexico: 67.7%)
> Median household income: $43,372 (New Mexico: $49,754)

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New York: Jamestown
> Median home value: $63,200 (New York: $313,700)
> Median monthly housing costs with a mortgage: $840 (New York: $2,155)
> Share of housing units with a mortgage: 53.8% (New York: 60.8%)
> Homeownership rate: 49.7% (New York: 53.9%)
> Median household income: $33,420 (New York: $68,486)

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North Carolina: Rocky Mount
> Median home value: $113,100 (North Carolina: $172,500)
> Median monthly housing costs with a mortgage: $1,160 (North Carolina: $1,314)
> Share of housing units with a mortgage: 63.3% (North Carolina: 63.2%)
> Homeownership rate: 50.7% (North Carolina: 65.2%)
> Median household income: $40,633 (North Carolina: $54,602)

North Dakota: Minot
> Median home value: $208,700 (North Dakota: $193,900)
> Median monthly housing costs with a mortgage: $1,436 (North Dakota: $1,426)
> Share of housing units with a mortgage: 65.2% (North Dakota: 53.5%)
> Homeownership rate: 56.7% (North Dakota: 62.4%)
> Median household income: $66,194 (North Dakota: $64,894)

Source: StanRohrer / Getty Images

Ohio: Youngstown
> Median home value: $44,800 (Ohio: $145,700)
> Median monthly housing costs with a mortgage: $765 (Ohio: $1,282)
> Share of housing units with a mortgage: 42.8% (Ohio: 62.9%)
> Homeownership rate: 54.9% (Ohio: 66.1%)
> Median household income: $28,822 (Ohio: $56,602)

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