Most Affordable US Cities to Buy a Home
Based on home prices, median income and mortgage rates, these 10 cities have the most affordable home prices in the nation, according to the National Association of Home Builders and Wells Fargo.
1. Indianapolis, Indiana
Median home price: $102,000
Median income: $66,900
Affordability score: 95.8%
2. Dayton, Ohio
Median home price: $81,000
Median income: $63,300
Affordability score: 93.7%
3. Lakeland, Florida
Median home price: $85,000
Median income: $54,500
Affordability score: 93.2%
4. Modesto, California
Median home price: $127,000
Median income: $62,000
Affordability score: 92.5%
5. Grand Rapids, Michigan
Median home price: $100,000
Median income: $60,300
Affordability score: 91.2%
6. Buffalo, New York
Median home price: $94,000
Median income: $66,100
Affordability score: 91.2%
7. Ogden, Utah
Median home price: $166,000
Median income: $71,500
Affordability score: 91.1%
8. Syracuse, New York
Median home price: $106,000
Median income: $66,600
Affordability score: 90.6%
9. Akron, Ohio
Median home price: $96,000
Median income: $66,500
Affordability score: 90.6%
10. Cincinnati, Ohio