You may be familiar with some expensive ZIP codes in certain states, but do you know where the least expensive ZIP codes can be found across the United States?
To find out where the least expensive ZIP code is in each state, GOBankingRates took the average February 2024 home value and used the 30-year fixed rate average mortgage rate to calculate the average mortgage cost for each state along with the average rental cost. Both rental and mortgage costs were scored and sorted to show the least expensive ZIP codes.
In alphabetical state order, here’s where you’ll find the least expensive ZIP code in every state.
36110: Montgomery, Alabama
- Home value: $49,448
- Mortgage: $292
- Rent: $862
99701: Fairbanks, Alaska
- Home value: $257,580
- Mortgage: $1,522
- Rent: $1,583
85705: Tucson, Arizona
- Home value: $258,100
- Mortgage: $1,525
- Rent: $1,198
72114: North Little Rock, Arkansas
- Home value: $78,946
- Mortgage: $467
- Rent: $947
93701: Fresno, California
- Home value: $222,385
- Mortgage: $1,314
- Rent: $1,060
81004: Pueblo, Colorado
- Home value: $205,356
- Mortgage: $1,214
- Rent: $1,191
06114: Hartford, Connecticut
- Home value: $237,359
- Mortgage: $1,403
- Rent: $1,334
19801: Wilmington, Delaware
- Home value: $140,712
- Mortgage: $832
- Rent: $1,665
32209: Jacksonville, Florida
- Home value: $109,779
- Mortgage: $649
- Rent: $1,081
31903: Columbus, Georgia
- Home value: $60,377
- Mortgage: $357
- Rent: $971
96792: Waianae, Hawaii
- Home value: $627,937
- Mortgage: $3,711
- Rent: $2,001
83204: Pocatello, Idaho
- Home value: $314,462
- Mortgage: $1,858
- Rent: $900
61832: Danville, Illinois
- Home value: $53,040
- Mortgage: $313
- Rent: $649
47305: Muncie, Indiana
- Home value: $53,452
- Mortgage: $316
- Rent: $763
52802: Davenport, Iowa
- Home value: $89,089
- Mortgage: $526
- Rent: $863
67501: Hutchinson, Kansas
- Home value: $80,365
- Mortgage: $475
- Rent: $643
40212: Louisville, Kentucky
- Home value: $72,682
- Mortgage: $430
- Rent: $1,116
71109: Shreveport, Louisiana
- Home value: $33,204
- Mortgage: $196
- Rent: $769
04468: Old Town, Maine
- Home value: $216,979
- Mortgage: $1,282
- Rent: $1,238
21223: Baltimore, Maryland
- Home value: $54,348
- Mortgage: $321
- Rent: $1,377
01201: Pittsfield, Massachusetts
- Home value: $278,010
- Mortgage: $1,643
- Rent: $1,452
48601: Saginaw, Michigan
- Home value: $50,480.02
- Mortgage: $298.30
- Rent: $855.33
55912: Austin, Minnesota
- Home value: $165,174.23
- Mortgage: $976.07
- Rent: $812.50
39209: Jackson, Mississippi
- Home value: $31,226
- Mortgage: $185
- Rent: $985
68113: St. Louis, Missouri
- Home value: $48,423
- Mortgage: $286
- Rent: $950
59401: Great Falls, Montana
- Home value: $259,025
- Mortgage: $1,531
- Rent: $976
68111: Omaha, Nebraska
- Home value: $117,049
- Mortgage: $692
- Rent: $1,225
89029: Laughlin, Nevada
- Home value: $308,841
- Mortgage: $1,825
- Rent: $1,083
03743: Claremont, New Hampshire
- Home value: $237,059
- Mortgage: $1,401
- Rent: $1,638
08103: Camden, New Jersey
- Home value: $116,717
- Mortgage: $690
- Rent: $1,800
88130: Portales, New Mexico
- Home value: $134,686
- Mortgage: $796
- Rent: $875
14605: Rochester, New York
- Home value: $68,115
- Mortgage: $403
- Rent: $850
27260: High Point, North Carolina
- Home value: $116,366
- Mortgage: $688
- Rent: $1,070
58075: Wahpeton, North Dakota
- Home value: $196,572
- Mortgage: $1,162
- Rent: $710
43608: Toledo, Ohio
- Home value: $38,041
- Mortgage: $225
- Rent: $892
73701: Enid, Oklahoma
- Home value: $65,576
- Mortgage: $388
- Rent: $700
97601: Klamath Falls, Oregon
- Home value: $250,567
- Mortgage: $1,481
- Rent: $1,196
16507: Erie, Pennsylvania
- Home value: $73,452
- Mortgage: $434
- Rent: $965
02863: Central Falls, Rhode Island
- Home value: $331,221
- Mortgage: $1,957
- Rent: $1,563
29115: Orangeburg, South Carolina
- Home value: $109,435
- Mortgage: $647
- Rent: $1,025
57104: Sioux Falls, South Dakota
- Home value: $203,800
- Mortgage: $1,204
- Rent: $1,173
38106: Memphis, Tennessee
- Home value: $54,831
- Mortgage: $324
- Rent: $879
77701: Beaumont, Texas
- Home value: $73,487
- Mortgage: $434
- Rent: $988
84078: Vernal, Utah
- Home value: $320,072
- Mortgage: $1,891
- Rent: $1,253
05404: Winooski, Vermont
- Home value: $408,348
- Mortgage: $2,413
- Rent: $2,173
24016: Roanoke, Virginia
- Home value: $146,407
- Mortgage: $865
- Rent: $971
98902: Yakima, Washington
- Home value: $272,439
- Mortgage: $1,610
- Rent: $1,213
25302: Charleston, West Virginia
- Home value: $97,639
- Mortgage: $577
- Rent: $780
53206: Milwaukee, Wisconsin
- Home value: $67,323
- Mortgage: $398
- Rent: $984
82901: Rock Springs, Wyoming
- Home value: $266,267
- Mortgage: $1,573
- Rent: $1,020
Photo disclaimer: Photos are for illustrative purposes only. In many cases, the closest major city outside of the city/county mentioned in the article was used.
Methodology: For this study, GOBankingRates analyzed ZIP codes across the United States to find the least expensive in every state. First GOBankingRates found the average home value from February 2024 as sourced from Zillow Home Value Index, and using the 30-year fixed rate national average mortgage rate, as sourced from the Federal Reserve Economic Research, the average mortgage cost was calculated for each state. The average rental cost was found using the Zillow Observed Rental Index. The rental cost and the mortgage cost were both scored and sorted to show the least expensive ZIP codes in the country. GOBankingRates was then able to use the scores to calculate the least expensive in each state. All data was collected on and is up to date as of March 21, 2024.