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15 Best Small Cities To Live In — How Affordable Are They?
Written by
Heather Taylor
Edited by
Jordan Rosenfeld

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One strategy many Americans make when struggling to pay for high cost-of-living expenses is moving to a cheaper area. Often, they will swap out a major metro in favor of a small city where there’s more affordable housing and lower monthly expenditures.
If you’re looking for an affordable small city to relocate to, there’s good news. WalletHub recently shared a study outlining the best small U.S. cities to live in. Their top 15 cities are below. GOBankingRates also included each city’s average home value as sourced by the Zillow Home Values Index and median rent via Zumper to further determine each city’s housing affordability.
See how affordable it is to live in these 15 small cities.
Also see other affordable small towns with great quality of life.
Castle Rock, Colorado
- Affordability rank: 84
- Education and health rank: 58
- Quality of life rank: 411
- Safety rank: 127
- Average home value: $670,403
- Median rent: $2,800
Noblesville, Indiana
- Affordability rank: 78
- Education and health rank: 64
- Quality of life rank: 595
- Safety rank: 11
- Average home value: $365,705
- Median rent: $1,708
Leesburg, Virginia
- Affordability rank: 160
- Education and health rank: 28
- Quality of life rank: 154
- Safety rank: 55
- Average home value: $810,469
- Median rent: $2,200
Fair Lawn, New Jersey
- Affordability rank: 101
- Education and health rank: 34
- Quality of life rank: 950
- Safety rank: 21
- Average home value: $653,179
- Median rent: $3,800
Milton, Massachusetts
- Affordability rank: 178
- Education and health rank: 20
- Quality of life rank: 758
- Safety rank: 47
- Average home value: $1,023,705
- Median rent: $3,270
Westfield, Indiana
- Affordability rank: 20
- Education and health rank: 59
- Quality of life rank: 1001
- Safety rank: 6
- Average home value: $443,286
- Median rent: $1,870
Bozeman, Montana
- Affordability rank: 1139
- Education and health rank: 92
- Quality of life rank: 39
- Safety rank: 231
- Average home value: $739,836
- Median rent: $2,250
Lancaster, Pennsylvania
- Affordability rank: 818
- Education and health rank: 657
- Quality of life rank: 10
- Safety rank: 56
- Average home value: $352,095
- Median rent: $1,679
Brentwood, Tennessee
- Affordability rank: 98
- Education and health rank: 129
- Quality of life rank: 385
- Safety rank: 60
- Average home value: $1,262,903
- Median rent: $2,462
Apex, North Carolina
- Affordability rank: 30
- Education and health rank: 296
- Quality of life rank: 542
- Safety rank: 222
- Average home value: $611,264
- Median rent: $1,995
Appleton, Wisconsin
- Affordability rank: 172
- Education and health rank: 172
- Quality of life rank: 64
- Safety rank: 149
- Average home value: $272,140
- Median rent: $1,199
Fishers, Indiana
- Affordability rank: 19
- Education and health rank: 43
- Quality of life rank: 616
- Safety rank: 5
- Average home value: $419,856
- Median rent: $1,860
Lexington, Massachusetts
- Affordability rank: 518
- Education and health rank: 1
- Quality of life rank: 118
- Safety rank: 12
- Average home value: $1,510,336
- Median rent: $3,965
Brookfield, Wisconsin
- Affordability rank: 76
- Education and health rank: 33
- Quality of life rank: 292
- Safety rank: 49
- Average home value: $475,810
- Median rent: $1,771
Carmel, Indiana
- Affordability rank: 26
- Education and health rank: 44
- Quality of life rank: 280
- Safety rank: 4
- Average home value: $526,878
- Median rent: $1,793
Editor’s note: Photos are for representational purposes only and might not reflect the exact locations listed in this article.
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