Special Report
Metro Areas Where Families Pay the Least for Housing
April 20, 2022 12:00 pm
Source: DenisTangneyJr / E+ via Getty Images
20. Parkersburg-Vienna, WV
> Est. annual housing costs: $8,940
> Median family income: $61,708 — 50th lowest of 376 metros
> Homeownership rate: 72.8% — 39th highest of 376 metros
> Median home value: $123,800 — 35th lowest of 376 metros
Source: lydiabilby / E+ via Getty Images
19. Muncie, IN
> Est. annual housing costs: $8,904
> Median family income: $61,415 — 46th lowest of 376 metros
> Homeownership rate: 64.5% — 128th lowest of 376 metros
> Median home value: $96,600 — 7th lowest of 376 metros
24/7 Wall St.
Source: ChrisBoswell / iStock via Getty Images
18. Wheeling, WV-OH
> Est. annual housing costs: $8,880
> Median family income: $65,607 — 87th lowest of 376 metros
> Homeownership rate: 74.5% — 26th highest of 376 metros
> Median home value: $115,200 — 19th lowest of 376 metros
Source: DenisTangneyJr / iStock via Getty Images
17. McAllen-Edinburg-Mission, TX
> Est. annual housing costs: $8,868
> Median family income: $46,609 — the lowest of 376 metros
> Homeownership rate: 68.0% — 150th highest of 376 metros
> Median home value: $90,000 — 4th lowest of 376 metros
Source: SWInsider / iStock via Getty Images
16. Las Cruces, NM
> Est. annual housing costs: $8,808
> Median family income: $51,928 — 3rd lowest of 376 metros
> Homeownership rate: 64.6% — 130th lowest of 376 metros
> Median home value: $153,600 — 117th lowest of 376 metros (tied)
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Editors' Picks
