Special Report

The Cheapest City to Buy a Home in Every State

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Montana: Butte-Silver Bow
> Median home value: $150,600 (Montana: $230,600)
> Median monthly housing costs with a mortgage: $1,061 (Montana: $1,429)
> Share of housing units with a mortgage: 54.8% (Montana: 56.7%)
> Homeownership rate: 68.8% (Montana: 68.1%)
> Median household income: $45,797 (Montana: $54,970)

Nebraska: Fremont
> Median home value: $132,700 (Nebraska: $155,800)
> Median monthly housing costs with a mortgage: $1,209 (Nebraska: $1,386)
> Share of housing units with a mortgage: 58.1% (Nebraska: 60.5%)
> Homeownership rate: 56.3% (Nebraska: 66.1%)
> Median household income: $49,474 (Nebraska: $61,439)

Nevada: Winchester
> Median home value: $162,400 (Nevada: $267,900)
> Median monthly housing costs with a mortgage: $1,190 (Nevada: $1,524)
> Share of housing units with a mortgage: 53.0% (Nevada: 68.0%)
> Homeownership rate: 35.9% (Nevada: 56.3%)
> Median household income: $39,020 (Nevada: $60,365)

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New Hampshire: Rochester
> Median home value: $172,300 (New Hampshire: $261,700)
> Median monthly housing costs with a mortgage: $1,661 (New Hampshire: $1,948)
> Share of housing units with a mortgage: 62.6% (New Hampshire: 65.8%)
> Homeownership rate: 67.3% (New Hampshire: 71.1%)
> Median household income: $62,179 (New Hampshire: $76,768)

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New Jersey: Camden
> Median home value: $84,000 (New Jersey: $335,600)
> Median monthly housing costs with a mortgage: $1,100 (New Jersey: $2,465)
> Share of housing units with a mortgage: 55.5% (New Jersey: 66.8%)
> Homeownership rate: 39.3% (New Jersey: 63.9%)
> Median household income: $27,015 (New Jersey: $82,545)

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