48 Least Expensive Zip Codes in America To Buy a Home

Buying a home can be frustrating in the U.S., especially when prices continue to rise, but it’s not hopeless.

And no, you don’t have to wait for prices to fall (as that may not be happening anytime soon) — there are still options for affordable home ownership across the country.

With an average income and key dedication to studying figures, you can still get your dream home. After all, numbers don’t lie. GOBankingRates has the data on the least expensive zip codes in America, many in some of the largest U.S. cities.

In contrast, here are the most expensive zip codes in America.

• Zip Code: 36108
• Household Median Income: $25,028
• April 2024 Household Average Value: $65,044
• Household Mortgage Average Cost: $387

• Zip Code: 48227
• Household Median Income: $31,211
• April 2024 Household Average Value: $64,403
• Household Mortgage Average Cost: $383.30

• Zip Code: 45402 
• Household Median Income: $37,566
• April 2024 Household Average Value: $64,287
• Household Mortgage Average Cost: $382.60

• Zip Code: 70802
• Household Median Income: $29,647
• April 2024 Household Average Value: $64,261
• Household Mortgage Average Cost: $382

• Zip Code: 48210
• Household Median Income: $33,711
• April 2024 Household Average Value: $64,210
• Household Mortgage Average Cost: $382

• Zip Code: 48228
• Household Median Income: $31,330
• April 2024 Household Average Value: $63,605
• Household Mortgage Average Cost: $379

• Zip Code: 44485
• Household Median Income: $26,442
• April 2024 Household Average Value: $63,388
• Household Mortgage Average Cost: $377

• Zip Code: 43609
• Household Median Income: $37,595
• April 2024 Household Average Value: $63,176
• Household Mortgage Average Cost: $376

• Zip Code: 35020
• Household Median Income: $28,812
• April 2024 Household Average Value: $62,625
• Household Mortgage Average Cost: $373

• Zip Code: 16146
• Household Median Income: $35,886
• April 2024 Household Average Value: $62,249
• Household Mortgage Average Cost: $370

• Zip Code: 31903
• Household Median Income: $24,840
• April 2024 Household Average Value: $61,961
• Household Mortgage Average Cost: $369

• Zip Code: 44105
• Household Median Income: $31,690
• April 2024 Household Average Value: $61,802
• Household Mortgage Average Cost: $368

• Zip Code: 44103
• Household Median Income: $22,122
• April 2024 Household Average Value: $60,861
• Household Mortgage Average Cost: $362

• Zip Code: 21223 
• Household Median Income: $31,947
• April 2024 Household Average Value: $59,792
• Household Mortgage Average Cost: $356

• Zip Code: 61832
• Household Median Income: $41,073
• April 2024 Household Average Value: $59,202
• Household Mortgage Average Cost: $352

• Zip Code: 36617
• Household Median Income: $38,067
• April 2024 Household Average Value: $58,809
• Household Mortgage Average Cost: $350

• Zip Code: 38106
• Household Median Income: $27,881
• April 2024 Household Average Value: $58,725
• Household Mortgage Average Cost: $350

• Zip Code: 63113
• Household Median Income: $36,148
• April 2024 Household Average Value: $58,183
• Household Mortgage Average Cost: $346

• Zip Code: 44104
• Household Median Income: $18,591
• April 2024 Household Average Value: $57,700
• Household Mortgage Average Cost: $343

• Zip Code: 36201
• Household Median Income: $30,610
• April 2024 Household Average Value: $55,352
• Household Mortgage Average Cost: $329

• Zip Code: 48238
• Household Median Income: $28,701
• April 2024 Household Average Value: $55,275
• Household Mortgage Average Cost: $329

• Zip Code: 43605
• Household Median Income: $31,383
• April 2024 Household Average Value: $54,954
• Household Mortgage Average Cost: $327

• Zip Code: 48601
• Household Median Income: $34,030
• April 2024 Household Average Value: $54,743
• Household Mortgage Average Cost: $326

• Zip Code: 48234
• Household Median Income: $33,583
• April 2024 Household Average Value: $54,130
• Household Mortgage Average Cost: $322

• Zip Code: 61603
• Household Median Income: $34,589
• April 2024 Household Average Value: $53,661
• Household Mortgage Average Cost: $319

• Zip Code: 48204
• Household Median Income: $27,609
• April 2024 Household Average Value: $53,659
• Household Mortgage Average Cost: $319

• Zip Code: 48205
• Household Median Income: $39,988
• April 2024 Household Average Value: $53,276
• Household Mortgage Average Cost: $317

• Zip Code: 71601
• Household Median Income: $33,263
• April 2024 Household Average Value: $53,269
• Household Mortgage Average Cost: $317

• Zip Code: 36110
• Household Median Income: $38,100
• April 2024 Household Average Value: $52,808
• Household Mortgage Average Cost: $314

• Zip Code: 16503
• Household Median Income: $27,060
• April 2024 Household Average Value: $52,406
• Household Mortgage Average Cost: $312

• Zip Code: 15902
• Household Median Income: $38,701
• April 2024 Household Average Value: $52,045
• Household Mortgage Average Cost: $310

• Zip Code: 71202
• Household Median Income: $24,866
• April 2024 Household Average Value: $51,742
• Household Mortgage Average Cost: $308

• Zip Code: 48203 
• Household Median Income: $29,881
• April 2024 Household Average Value: $50,800
• Household Mortgage Average Cost: $302

• Zip Code: 48213 
• Household Median Income: $28,718
• April 2024 Household Average Value: $49,173
• Household Mortgage Average Cost: $293

• Zip Code: 62206
• Household Median Income: $30,764
• April 2024 Household Average Value: $48,694
• Household Mortgage Average Cost: $290

• Zip Code: 71108
• Household Median Income: $30,726
• April 2024 Household Average Value: $46,589
• Household Mortgage Average Cost: $277

• Zip Code: 38614
• Household Median Income: $32,597
• April 2024 Household Average Value: $46,463
• Household Mortgage Average Cost: $277

• Zip Code: 36703
• Household Median Income: $28,513
• April 2024 Household Average Value: $44,549
• Household Mortgage Average Cost: $265

• Zip Code: 48504
• Household Median Income: $36,811
• April 2024 Household Average Value: $43,830
• Household Mortgage Average Cost: $261

• Zip Code: 43608
• Household Median Income: $27,516
• April 2024 Household Average Value: $42,155
• Household Mortgage Average Cost: $251

• Zip Code: 63115
• Household Median Income: $28,494
• April 2024 Household Average Value: $41,441
• Household Mortgage Average Cost: $247

• Zip Code: 39213
• Household Median Income: $26,888
• April 2024 Household Average Value: $38,936
• Household Mortgage Average Cost: $232

• Zip Code: 71109
• Household Median Income: $28,696
• April 2024 Household Average Value: $37,172
• Household Mortgage Average Cost: $221

• Zip Code: 39209
• Household Median Income: $32,276
• April 2024 Household Average Value: $35,814
• Household Mortgage Average Cost: $213

• Zip Code: 39204
• Household Median Income: $28,279
• April 2024 Household Average Value: $35,270
• Household Mortgage Average Cost: $210

• Zip Code: 36610
• Household Median Income: $25,805
• April 2024 Household Average Value: $31,168
• Household Mortgage Average Cost: $186

• Zip Code: 61605
• Household Median Income: $22,442
• April 2024 Household Average Value: $29,323
• Household Mortgage Average Cost: $175

• Zip Code: 48505
• Household Median Income: $29,061
• April 2024 Household Average Value: $28,545
• Household Mortgage Average Cost: $170

Methodology: For this study, GOBankingRates analyzed zip codes across the U.S. to find the cheapest places to buy a home. First, GOBankingRates found the total population of zip codes across the U.S., as sourced from the U.S. Census American Community Survey, along with the average home value for single family homes from April 2024, as sourced from Zillow Home Value Index. Assuming a 10% down payment and using the national 30-year fixed mortgage rate, as sourced from the Federal Reserve Economic Data, the average mortgage cost can be calculated for each city. Using zip codes with a population of at least 10,000 residents, the top 100 cheapest zip codes by mortgage are kept for this study. For each zip code on the list a number of factors were found including total population, total households, household median income — all sourced from the U.S. Census American Community Survey — and the livability index, as sourced from AreaVibes. The zip codes were sorted to show the cheapest mortgage to the most expensive mortgage within the cheapest 100 zip codes. All data was collected on and is up to date as of June 6, 2024.