5 Cheapest ZIP Codes for Housing in Every State

The cost of living varies greatly from state to state, city to city and even from ZIP code to ZIP code.

To find the most affordable ZIP codes for housing in every state, GOBankingRates found the average monthly mortgage payment for the ZIP codes in each state using the average Zillow Home Value Index for single-family homes and assuming a 10% down payment with a 30-year fixed rate mortgage. ZIP codes were ranked based on the cheapest average monthly mortgage payment.

Here’s a look at the ZIP codes with the most affordable housing in each state.

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 36610 (Prichard, AL): $158
2. 36105 (Montgomery, AL): $248
3. 36703 (Selma, AL): $249
4. 36603 (Mobile, AL): $268
5. 36612 (Prichard, AL): $278

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 99639 (Ninilchik, AK): $1,119
2. 99714 (Salcha, AK): $1,187
3. 99663 (Seldovia, AK): $1,361
4. 99676 (Talkeetna, AK): $1,381
5. 99556 (Anchor Point, AK): $1,396

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 85321 (Ajo, AZ): $700
2. 86441 (Dolan Springs, AZ): $712
3. 85192 (Winkelman, AZ): $718
4. 85539 (Miami, AZ): $811
5. 85607 (Douglas, AZ): $923

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 72390 (Helena – West Helena, AR): $197
2. 71601 (Pine Bluff, AR): $276
3. 72342 (Helena – West Helena, AR): $280
4. 72366 (Marvell, AR): $289
5. 71638 (Dermott, AR): $292

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 93562 (Trona, CA): $309
2. 96058 (Macdoel, CA): $648
3. 96113 (Herlong, CA): $667
4. 96023 (Dorris, CA): $726
5. 92347 (Hinkley, CA): $812

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 81054 (Las Animas, CO): $527
2. 81044 (Hasty, CO): $648
3. 81047 (Holly, CO): $678
4. 80744 (Ovid, CO): $696
5. 81076 (Sugar City, CO): $759

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 06120 (Hartford, CT): $1,146
2. 06112 (Hartford, CT): $1,213
3. 06519 (New Haven, CT): $1,305
4. 06106 (Hartford, CT): $1,312
5. 06380 (Norwich, CT): $1,327

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 19801 (Wilmington, DE): $827
2. 19802 (Wilmington, DE): $1,019
3. 19805 (Wilmington, DE): $1,156
4. 19731 (Port Penn, DE): $1,451
5. 19804 (Wilmington, DE): $1,516

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 32332 (Quincy, FL): $514
2. 33854 (Lake Wales, FL): $554
3. 32324 (Chattahoochee, FL): $614
4. 32209 (Jacksonville, FL): $645
5. 32206 (Jacksonville, FL): $716

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 31815 (Lumpkin, GA): $348
2. 31903 (Columbus, GA): $355
3. 31722 (Berlin, GA): $357
4. 30477 (Wadley, GA): $370
5. 31041 (Oglethorpe, GA): $390

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 96777 (Pahala, HI): $1,608
2. 96778 (Pahoa, HI): $1,639
3. 96771 (Mountain View, HI): $1,769
4. 96785 (Volcano, HI): $2,029
5. 96760 (Kurtistown, HI): $2,088

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 83546 (Pierce, ID): $1,019
2. 83868 (Kellogg, ID): $1,124
3. 83846 (Mullan, ID): $1,175
4. 83553 (Weippe, ID): $1,365
5. 83555 (Winchester, ID): $1,398

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 61605 (Peoria, IL): $147
2. 62914 (Cairo, IL): $161
3. 62090 (Venice, IL): $188
4. 62205 (East Saint Louis, IL): $200
5. 62204 (East Saint Louis, IL): $203

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 46402 (Gary, IN): $293
2. 46407 (Gary, IN): $300
3. 47305 (Muncie, IN): $314
4. 47382 (Saratoga, IN): $340
5. 47884 (Universal, IN): $345

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 52574 (Mystic, IA): $278
2. 52549 (Cincinnati, IA): $367
3. 50470 (Rowan, IA): $401
4. 50848 (Gravity, IA): $415
5. 50590 (Swea City, IA): $427

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 67651 (Natoma, KS): $246
2. 66851 (Florence, KS): $293
3. 67524 (Chase, KS): $313
4. 67070 (Kiowa, KS): $314
5. 67556 (McCracken, KS): $316

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 41669 (Wheelwright, KY): $213
2. 41667 (Weeksbury, KY): $235
3. 40855 (Cumberland, KY): $241
4. 41825 (Jackhorn, KY): $250
5. 41666 (Wayland, KY): $255

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 71103 (Shreveport, LA): $154
2. 71109 (Shreveport, LA): $195
3. 71101 (Shreveport, LA): $219
4. 71108 (Shreveport, LA): $248
5. 71202 (Monroe, LA): $267

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 04750 (Limestone, ME): $672
2. 04785 (Van Buren, ME): $672
3. 04742 (Fort Fairfield, ME): $752
4. 04756 (Madawaska, ME): $769
5. 04786 (Washburn, ME): $774

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 21223 (Baltimore, MD): $320
2. 21217 (Baltimore, MD): $440
3. 21538 (Kitzmiller, MD): $464
4. 21562 (Westernport, MD): $512
5. 21672 (Toddville, MD): $548

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 01247 (North Adams, MA): $1,356
2. 01220 (Adams, MA): $1,375
3. 01109 (Springfield, MA): $1,391
4. 01105 (Springfield, MA): $1,407
5. 01104 (Springfield, MA): $1,466

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 48505 (Flint, MI): $151
2. 48607 (Saginaw, MI): $218
3. 48504 (Flint, MI): $234
4. 48213 (Detroit, MI): $273
5. 48217 (Detroit, MI): $281

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 56027 (Elmore, MN): $320
2. 56051 (Kiester, MN): $451
3. 56121 (Ceylon, MN): $508
4. 55782 (Ely, MN): $623
5. 56296 (Wheaton, MN): $625

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 39203 (Jackson, MS): $156
2. 39204 (Jackson, MS): $182
3. 39209 (Jackson, MS): $184
4. 39213 (Jackson, MS): $200
5. 38614 (Clarksdale, MS): $239

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 63120 (Saint Louis, MO): $175
2. 63115 (Saint Louis, MO): $214
3. 63107 (Saint Louis, MO): $228
4. 63821 (Arbyrd, MO): $233
5. 63113 (Saint Louis, MO): $285

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 59326 (Fallon, MT): $808
2. 59417 (Browning, MT): $814
3. 59349 (Terry, MT): $816
4. 59247 (Medicine Lake, MT): $816
5. 59036 (Harlowton, MT): $938

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 68067 (Walthill, NE): $326
2. 68327 (Chester, NE): $345
3. 68761 (Oakdale, NE): $350
4. 68303 (Alexandria, NE): $365
5. 68055 (Rosalie, NE): $405

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 89310 (Austin, NV): $426
2. 89415 (Hawthorne, NV): $672
3. 89318 (McGill, NV): $691
4. 89049 (Tonopah, NV): $713
5. 89835 (Wells, NV): $989

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 03570 (Berlin, NH): $983
2. 03582 (Northumberland, NH): $1,051
3. 03590 (Stratford, NH): $1,108
4. 03576 (Colebrook, NH): $1,214
5. 03441 (Winchester, NH): $1,353

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 08104 (Camden, NJ): $598
2. 08102 (Camden, NJ): $651
3. 08103 (Camden, NJ): $686
4. 08105 (Camden, NJ): $893
5. 08349 (Port Norris, NJ): $898

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 88401 (Tucumcari, NM): $445
2. 88026 (Santa Clara, NM): $462
3. 88119 (Fort Sumner, NM): $511
4. 88415 (Clayton, NM): $577
5. 88023 (Bayard, NM): $583

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 13666 (Newton Falls, NY): $274
2. 12952 (Lyon Mountain, NY): $325
3. 14605 (Rochester, NY): $400
4. 12998 (Witherbee, NY): $425
5. 14752 (Lily Dale, NY): $445

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 27872 (Roxobel, NC): $194
2. 27847 (Kelford, NC): $251
3. 27849 (Lewiston Woodville, NC): $256
4. 27983 (Windsor, NC): $278
5. 27890 (Weldon, NC): $312

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 58736 (Drake, ND): $397
2. 58053 (Lidgerwood, ND): $497
3. 58416 (Binford, ND): $500
4. 58793 (Westhope, ND): $511
5. 58356 (New Rockford, ND): $523

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 44506 (Youngstown, OH): $158
2. 44510 (Youngstown, OH): $174
3. 44507 (Youngstown, OH): $189
4. 43608 (Toledo, OH): $224
5. 44502 (Youngstown, OH): $247

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 73542 (Frederick, OK): $232
2. 73530 (Davidson, OK): $235
3. 73569 (Terral, OK): $239
4. 73550 (Hollis, OK): $244
5. 73749 (Jet, OK): $248

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 97641 (Christmas Valley, OR): $771
2. 97907 (Huntington, OR): $964
3. 97720 (Burns, OR): $974
4. 97630 (Lakeview, OR): $1,001
5. 97823 (Condon, OR): $1,038

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 15901 (Johnstown, PA): $157
2. 17935 (Girardville, PA): $186
3. 17948 (Mahanoy City, PA): $212
4. 17976 (Shenandoah, PA): $221
5. 17851 (Mount Carmel, PA): $233

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 02863 (Central Falls, RI): $1,947
2. 02907 (Providence, RI): $1,986
3. 02909 (Providence, RI): $2,006
4. 02860 (Pawtucket, RI): $2,039
5. 02895 (Woonsocket, RI): $2,060

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 29810 (Allendale, SC): $326
2. 29828 (Gloverville, SC): $346
3. 29546 (Gresham, SC): $369
4. 29178 (Whitmire, SC): $373
5. 29351 (Joanna, SC): $389

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 57642 (McLaughlin, SD): $397
2. 57638 (Lemmon, SD): $534
3. 56219 (Browns Valley, SD): $551
4. 57437 (Eureka, SD): $556
5. 57436 (Doland, SD): $587

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 37137 (Nunnelly, TN): $216
2. 38106 (Memphis, TN): $322
3. 37715 (Clairfield, TN): $348
4. 38126 (Memphis, TN): $355
5. 38108 (Memphis, TN): $361

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 79080 (Skellytown, TX): $288
2. 79544 (Rochester, TX): $303
3. 79547 (Rule, TX): $312
4. 79346 (Morton, TX): $315
5. 79546 (Rotan, TX): $333

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 84724 (Elsinore, UT): $878
2. 84525 (Elmo, UT): $1,282
3. 84751 (Beaver, UT): $1,296
4. 84537 (Castle Dale, UT): $1,322
5. 84526 (Helper, UT): $1,423

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 05906 (Lunenburg, VT): $1,066
2. 05903 (Canaan, VT): $1,209
3. 05837 (East Haven, VT): $1,215
4. 05907 (Warren’s Gore, VT): $1,253
5. 05846 (Brighton, VT): $1,262

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 24237 (Dante, VA): $179
2. 24216 (Appalachia, VA): $226
3. 24602 (Bandy, VA): $298
4. 24622 (Jewell Ridge, VA): $314
5. 23395 (Horntown, VA): $315

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 98673 (Lyle, WA): $952
2. 99341 (Lind, WA): $1,013
3. 98628 (Klickitat, WA): $1,056
4. 99125 (Endicott, WA): $1,097
5. 99159 (Odessa, WA): $1,115

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 24892 (War, WV): $164
2. 24831 (Northfork, WV): $166
3. 24868 (Northfork, WV): $172
4. 24801 (Welch, WV): $209
5. 24850 (Jolo, WV): $292

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 53206 (Milwaukee, WI): $396
2. 54550 (Montreal, WI): $625
3. 54534 (Montreal, WI): $628
4. 53801 (Bagley, WI): $661
5. 53204 (Milwaukee, WI): $694

Average monthly mortgage payment in the five cheapest ZIP codes:

1. 82643 (Midwest, WY): $350
2. 82945 (Superior, WY): $415
3. 82327 (Hanna, WY): $666
4. 82943 (Rock Springs, WY): $728
5. 82225 (Lusk, WY): $1,007

Photo disclaimer: Photos are for representational purposes only and may not reflect the ZIP codes listed.

Methodology: For this study, GOBankingRates analyzed ZIP codes in every state to find the top five cheapest housing markets in each state. Using the Zillow Home Value Index for single-family homes by ZIP code, the average home values from February 2024 were found. Assuming a 10% down payment and using the national 30-year fixed rate mortgage, as sourced from the Federal Reserve Economic Data, the average mortgage payment was calculated for each ZIP code. The top five cheapest housing market ZIP codes for each state were identified along with the city most closely related to each ZIP code. All data was collected and is up-to-date as of June 19, 2024.