Whether you are planning to retire or starting a new life with your better half, a home always remains an integral part of that new journey. However, with the rising costs of everything, finding a home under budget is tough.
We compiled the list based on GoBankingRate’s report, which was curated after analyzing the 100 most popular US cities’ home values. The prices they mentioned were between Jan 2022 and Jan 2023 and below $250,000.
Oklahoma City, Oklahoma
2022 average home value: $182,569
The state’s capital offers a surprisingly affordable cost of living. Housing prices are well below the national average. This energetic city features a mix of historic charm, a growing cultural scene, and a strong sense of community spirit.
Independence, Missouri
2022 average home value: $177,135
This suburb of Kansas City offers a friendly and affordable place to live, with housing prices lower than the national average. This historic city boasts a strong sense of community, so great if you love that. Besides, you also get easy access to the amenities of Kansas City and a rich heritage to explore.
El Paso, Texas
2022 average home value: $190,159
El Paso, Texas, is situated on the U.S.-Mexico border. It boasts a unique blend of cultures and a very affordable cost of living, especially in terms of housing. Expect a dry climate with hot summers and mild winters. The city has a strong military presence, so the crime rates are low. Due to its proximity to mountains and deserts, it also offers many outdoor activities.
Pensacola, Florida
2022 average home value: $234,795
This city beckons with its sugar-sand beaches and vibrant atmosphere. The cost of living is moderate, with housing prices slightly above the national average. This historic city boasts a thriving military presence. Plus, here, you can have a relaxed beach lifestyle and plenty of opportunities for outdoor fun.
Longview, Texas
2022 average home value: $200,386
Longview, Texas, nestled in east Texas, balances affordability and a growing city atmosphere. Housing costs are reasonable, and the overall cost of living is moderate. Longview has a strong job market, so it’s great for young people. It has a revitalized downtown area and a focus on family-friendly activities.
Abilene, Texas
2022 average home value: $174,950
Abilene is nicknamed the “Key City” for its central location within the state. It offers a very affordable cost of living, particularly housing. This family-friendly city in West Texas boasts a strong sense of community. Besides, you enjoy a rich history and easy access to outdoor activities in nearby state parks.
Amarillo, Texas
2022 average home value: $181,193
This city is Nicknamed “The Yellow Rose of Texas” for its abundance of wildflowers in the spring. Amarillo offers a very low cost of living, particularly regarding housing. With a semi-arid climate, expect hot summers and mild winters. The city boasts a strong job market in industries like healthcare and agriculture. It also maintains a friendly, close-knit community atmosphere.
Tyler, Texas
2022 average home value: $222,562
This charming East Texas town offers a southern pace of life with a touch of sophistication. The cost of living is slightly lower than the national average, but housing prices are still affordable. Tyler is known for its beautiful rose gardens. It also has a thriving arts scene and numerous higher education institutions.
Norman, Oklahoma
2022 average home value: $227,192
Home to the University of Oklahoma, Norman offers a vibrant college-town atmosphere. The cost of living is moderate, with housing prices slightly above the national average. However, this energetic city boasts a thriving arts scene and exciting nightlife. So for youngsters, it’ll be worth it.
Hampton, Virginia
2022 average home value: $233,401
Hampton, Virginia, is located on the shores of Chesapeake Bay. It provides a beautiful coastal setting with a slightly higher cost of living than the national average. This historic city offers access to beaches, waterways, and other natural beauties. Plus, the crime rate is lower than the national average.
Des Moines, Iowa
2022 average home value: $179,879
Des Moines, Iowa, the capital city of Iowa, offers a very affordable place to live with a low average home price. This friendly Midwestern city is known for its focus on agriculture and a strong sense of community. Winters can be harsh, so factor in those costs when considering your budget. The crime rate in Des Moines is lower than the national average.
Lynchburg, Virginia
2022 average home value: $216,265
Lynchburg, Virginia, offers a safe and affordable place to live. While the cost of living is lower than the national average, you’ll also find a lower crime rate, especially for violent crime. Lynchburg blends city life with easy access to the outdoors. With a historic downtown and plenty of opportunities for hiking and fishing, your weekends won’t be bland.
Greenbay, Wisconsin
2022 average home value: $206,384
Green Bay, Wisconsin, boasts a friendly, close-knit community with a love for cheese and football. The cost of living is affordable, especially when it comes to housing. Just be prepared for cold and snowy winters, which can impact your heating costs. Green Bay offers year-round activities, from winter sports to summer festivals. This ensures that you enjoy the outdoors no matter the season.
Joliet, Illinois
2022 average home value: $205,688
Joliet, Illinois, is a city on the rise, offering a mix of historic charm and modern development at an affordable price. While the crime rate is higher than the national average, some research can help you find safe neighborhoods. Joliet provides a smaller-town vibe with easy access to the big-city amenities of Chicago. The area boasts parks, rivers, and other options for outdoor recreation, making it a good choice for nature lovers.
Fort Wayne, Indiana
2022 average home value: $195,509
Fort Wayne, Indiana, shines with a very affordable cost of living, particularly when it comes to housing. This family-friendly city offers a mix of urban amenities and a strong sense of community. Fort Wayne prioritizes outdoor activities and festivals. This is why it even revitalized its downtown area, creating a vibrant space for residents.
Cedar Rapids, Iowa
2022 average home value: $187,941
Cedar Rapids, Iowa, is a safe haven with a crime rate lower than the national average. The city prides itself on affordability, especially in housing costs. Just be prepared for harsh winters that might require some adjustments to your budget. This friendly Midwestern city is all about community events, arts, and enjoying the outdoors along the Cedar River.