Special Report
Cities With the Cheapest Housing
August 9, 2022 9:00 am
Last Updated: August 9, 2022 9:23 am
50. Harrisburg, Pennsylvania
> Median home value: $85,500
> Homes worth less than $10,000: 0.3% — 282nd lowest of 1,788 cities
> Share of housing units with a mortgage: 65.4% — 769th lowest of 1,788 cities
> Homeownership rate: 35.1% — 58th lowest of 1,788 cities
> Median household income: $41,831 — 137th lowest of 1,788 cities
49. Decatur, Illinois
> Median home value: $85,500
> Homes worth less than $10,000: 2.9% — 60th highest of 1,788 cities
> Share of housing units with a mortgage: 51.2% — 104th lowest of 1,788 cities
> Homeownership rate: 61.8% — 863rd highest of 1,788 cities
> Median household income: $45,404 — 234th lowest of 1,788 cities
48. Euclid, Ohio
> Median home value: $84,500
> Homes worth less than $10,000: 0.7% — 810th lowest of 1,788 cities
> Share of housing units with a mortgage: 57.5% — 271st lowest of 1,788 cities
> Homeownership rate: 45.3% — 243rd lowest of 1,788 cities
> Median household income: $40,342 — 105th lowest of 1,788 cities
47. Meridian, Mississippi
> Median home value: $84,300
> Homes worth less than $10,000: 2.2% — 130th highest of 1,788 cities
> Share of housing units with a mortgage: 44.5% — 35th lowest of 1,788 cities
> Homeownership rate: 47.3% — 298th lowest of 1,788 cities
> Median household income: $30,088 — 8th lowest of 1,788 cities
46. Eastpointe, Michigan
> Median home value: $83,800
> Homes worth less than $10,000: 1.0% — 600th highest of 1,788 cities
> Share of housing units with a mortgage: 63.4% — 602nd lowest of 1,788 cities
> Homeownership rate: 67.5% — 600th highest of 1,788 cities
> Median household income: $49,800 — 388th lowest of 1,788 cities
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