Special Report

Least Expensive Metro Area to Buy a Home in Every State

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Kansas: Topeka
> Median home value: $138,600 (Kansas: $163,200)
> Median monthly housing costs with a mortgage: $1,194 (Kansas: $1,387)
> Share of housing units with a mortgage: 56.1% (Kansas: 57.9%)
> Homeownership rate: 69.3% (Kansas: 66.5%)
> Median household income: $59,567 (Kansas: $62,087)

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Kentucky: Owensboro
> Median home value: $140,900 (Kentucky: $151,700)
> Median monthly housing costs with a mortgage: $1,164 (Kentucky: $1,179)
> Share of housing units with a mortgage: 56.8% (Kentucky: 56.9%)
> Homeownership rate: 70.1% (Kentucky: 67.0%)
> Median household income: $52,201 (Kentucky: $52,295)

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Louisiana: Monroe
> Median home value: $128,200 (Louisiana: $172,100)
> Median monthly housing costs with a mortgage: $1,111 (Louisiana: $1,279)
> Share of housing units with a mortgage: 43.4% (Louisiana: 51.7%)
> Homeownership rate: 60.8% (Louisiana: 66.5%)
> Median household income: $40,136 (Louisiana: $51,073)

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Maine: Bangor
> Median home value: $154,300 (Maine: $200,500)
> Median monthly housing costs with a mortgage: $1,220 (Maine: $1,387)
> Share of housing units with a mortgage: 58.0% (Maine: 60.5%)
> Homeownership rate: 69.7% (Maine: 72.2%)
> Median household income: $50,449 (Maine: $58,924)

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Maryland: Cumberland
> Median home value: $131,400 (Maryland: $332,500)
> Median monthly housing costs with a mortgage: $991 (Maryland: $2,015)
> Share of housing units with a mortgage: 55.5% (Maryland: 71.9%)
> Homeownership rate: 70.6% (Maryland: 66.8%)
> Median household income: $49,729 (Maryland: $86,738)