Special Report

Least Expensive Metro Areas to Buy a Home in the Nation

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30. St. Joseph, MO-KS
> Median home value: $122,400
> Median monthly housing costs with a mortgage: $1,094 — 44th lowest of 384 metros (tied)
> Share of housing units with a mortgage: 53.6% — 66th lowest of 380 metros
> Homeownership rate: 63.3% — 114th lowest of 384 metros (tied)
> Median household income: $50,425 — 66th lowest of 384 metros

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29. Anniston-Oxford, AL
> Median home value: $121,600
> Median monthly housing costs with a mortgage: $1,052 — 29th lowest of 384 metros
> Share of housing units with a mortgage: 52.7% — 60th lowest of 380 metros (tied)
> Homeownership rate: 70.5% — 91st highest of 384 metros (tied)
> Median household income: $48,156 — 30th lowest of 384 metros

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28. Jackson, TN
> Median home value: $121,400
> Median monthly housing costs with a mortgage: $1,076 — 40th lowest of 384 metros
> Share of housing units with a mortgage: 54.6% — 77th lowest of 380 metros
> Homeownership rate: 65.0% — 148th lowest of 384 metros (tied)
> Median household income: $48,700 — 42nd lowest of 384 metros

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27. Binghamton, NY
> Median home value: $119,400
> Median monthly housing costs with a mortgage: $1,180 — 87th lowest of 384 metros
> Share of housing units with a mortgage: 57.0% — 117th lowest of 380 metros (tied)
> Homeownership rate: 66.6% — 187th highest of 384 metros (tied)
> Median household income: $53,768 — 110th lowest of 384 metros

Source: Kiddo27 / Wikimedia Commons

26. Enid, OK
> Median home value: $119,400
> Median monthly housing costs with a mortgage: $1,126 — 62nd lowest of 384 metros
> Share of housing units with a mortgage: 49.5% — 35th lowest of 380 metros
> Homeownership rate: 67.3% — 165th highest of 384 metros (tied)
> Median household income: $64,929 — 113th highest of 384 metros