10 Major US Cities With the Most Affordable Housing

Housing is typically your biggest expense — whether you rent or own — and it’s become unaffordable for many in the largest cities in the U.S. In the most expensive city — San Jose, California — the median cost for housing is $2,463 per month. The good news, though, is there are some major cities where housing is still relatively affordable.

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ConsumerAffairs analyzed the U.S. cities with more than 500,000 people, and ranked each city based on its median monthly housing costs — including spending on mortgages, rent, real estate taxes, property insurance, utilities and other recurring housing expenses — and median home values using data from the U.S. Census Bureau. Here’s a look at the most affordable major cities in the country for housing.

• Median monthly housing cost: $965
• Median home value estimate: $160,100

• Median monthly housing cost: $967
• Median home value estimate: $142,800

• Median monthly housing cost: $939
• Median home value estimate: $152,800

• Median monthly housing cost: $755
• Median home value estimate: $69,300

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All data is sourced from ConsumerAffairs and is accurate as of Oct. 25, 2022.