The Cheapest Homes You Can Buy in the 50 Most Expensive Cities

Owning a home in America is a costly proposition, no matter where you live. That said, some cities are far, far more expensive than others when it comes to owning real estate.

Recently, GOBankingRates culled together some of the most expensive cities in the country and, once these cities were isolated, GOBankingRates gathered together the median and average household incomes for each, as well as the cheapest houses for sale in each metropolitan area.

Wanting to live large in a pricey city but don’t want to splurge on an expensive mansion? Peruse the cheapest homes you can buy in the 50 most expensive cities below.

• Cheapest home for sale: $969,000
• Average home value: $4,425,900
• Median income: $158,250

• Cheapest home for sale: $985,000
• Average home value: $3,889,891
• Median income: $250,000+

• Cheapest home for sale: $999,000
• Average home value: $2,689,118
• Median income: $231,875

• Cheapest home for sale: $1,175,000
• Average home value: $2,998,630
• Median income: $206,588

• Cheapest home for sale: $1,199,000
• Average home value: $3,040,482
• Median income: $250,000+

• Cheapest home for sale: $1,300,000
• Average home value: $3,882,442
• Median income: $192,159

• Cheapest home for sale: $1,399,000
• Average home value: $2,131,077
• Median income: $250,000+

• Cheapest home for sale: $1,480,000
• Average home value: $2,787,203
• Median income: $187,633

• Cheapest home for sale: $1,490,000
• Average home value: $4,070,144
• Median income: $158,461

• Cheapest home for sale: $1,600,000
• Average home value: $4,153,104
• Median income: $168,167

• Cheapest home for sale: $1,695,000
• Average home value: $4,103,162
• Median income: $250,000+

• Cheapest home for sale: $1,745,000
• Average home value: $3,994,765
• Median income: $220,408

• Cheapest home for sale: $1,770,000
• Average home value: $2,702,865
• Median income: $250,000+

• Cheapest home for sale: $1,789,000
• Average home value: $2,374,618
• Median income: $250,000+

• Cheapest home for sale: $1,798,000
• Average home value: $2,849,427
• Median income: $168,832

• Cheapest home for sale: $1,888,000
• Average home value: $3,427,454
• Median income: $231,139

• Cheapest home for sale: $1,950,000
• Average home value: $3,312,069
• Median income: $212,794

• Cheapest home for sale: $1,995,000
• Average home value: $3,044,107
• Median income: $172,241

• Cheapest home for sale: $1,999,000
• Average home value: $3,191,048
• Median income: $193,904

• Cheapest home for sale: $2,095,000
• Average home value: $4,274,109
• Median income: $241,348

• Cheapest home for sale: $2,098,000
• Average home value: $3,242,617
• Median income: $250,000+

• Cheapest home for sale: $2,150,000
• Average home value: $4,470,077
• Median income: $236,429

• Cheapest home for sale: $2,195,000
• Average home value: $6,685,923
• Median income: $95,417

• Cheapest home for sale: $2,250,000
• Average home value: $5,653,653
• Median income: $127,979

• Cheapest home for sale: $2,250,000
• Average home value: $2,902,792
• Median income: $250,000+

• Cheapest home for sale: $2,388,500
• Average home value: $4,677,196
• Median income: $249,688

• Cheapest home for sale: $2,400,000
• Average home value: $4,172,031
• Median income: $192,845

• Cheapest home for sale: $2,450,000
• Average home value: $4,538,295
• Median income: $250,000+

• Cheapest home for sale: $2,450,000
• Average home value: $4,043,692
• Median income: $77,679

• Cheapest home for sale: $2,500,000
• Average home value: $5,826,878
• Median income: $222,966

• Cheapest home for sale: $2,500,000
• Average home value: $4,296,303
• Median income: $250,000+

• Cheapest home for sale: $2,650,000
• Average home value: $3,738,048
• Median income: $135,625

• Cheapest home for sale: $2,695,000
• Average home value: $4,395,552
• Median income: $250,000+

• Cheapest home for sale: $2,695,000
• Average home value: $3,708,057
• Median income: $250,000+

• Cheapest home for sale: $2,995,000
• Average home value: $6,922,905
• Median income: $250,000+

• Cheapest home for sale: $2,995,000
• Average home value: $6,893,057
• Median income: $203,250

• Cheapest home for sale: $2,999,999
• Average home value: $4,739,431
• Median income: $250,000+

• Cheapest home for sale: $3,300,000
• Average home value: $3,651,737
• Median income: $70,651

• Cheapest home for sale: $3,499,000
• Average home value: $2,857,771
• Median income: $250,000+

• Cheapest home for sale: $3,790,000
• Average home value: $5,219,561
• Median income: $250,000+

• Cheapest home for sale: $3,985,000
• Average home value: $8,153,743
• Median income: $250,000+

• Cheapest home for sale: $3,988,000
• Average home value: $7,551,668
• Median income: $250,000+

• Cheapest home for sale: $3,988,000
• Average home value: $6,162,765
• Median income: $250,000+

• Cheapest home for sale: $4.5 million
• Average home value: $3,362,220
• Median income: $117,000

• Cheapest home for sale: $4,550,000
• Average home value: $4,511,305
• Median income: $250,000+

• Cheapest home for sale: $4,990,000
• Average home value: $5,009,130
• Median income: $250,000+

• Cheapest home for sale: $5,100,000
• Average home value: $9,514,524
• Median income: $246,500

• Cheapest home for sale: $6,995,000
• Average home value: $1,769,680
• Median income: $236,250

Editor’s note: Photos are for representational purposes only and might not reflect the exact locations listed.

Methodology: For this piece GOBankingRates used Sperling’s BestPlaces cost of living data and Zillow’s April 2025 home value data to find some of the most expensive places to live in America. With these cities isolated, GOBankingRates then found the 2025 average home value (sourced from Zillow’s April 2025 data) and the median and average household income for each city (sourced from the 2023 American Community Survey conducted by the U.S. Census Bureau). To find the cheapest house for sale, GOBankingRates used Zillow listings for the city, looking at single-family houses. All data was collected on and is up to date as of June 11, 2025.