Advertiser Disclosure
GOBankingRates works with many financial advertisers to showcase their products and services to our audiences. These brands compensate us to advertise their products in ads across our site. This compensation may impact how and where products appear on this site. We are not a comparison-tool and these offers do not represent all available deposit, investment, loan or credit products.
50 Cheapest Places Where Rent Is Less Than $2,000
Written by
T. Woods
Edited by
Chris Cluff

Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information. We use data-driven methodologies to evaluate financial products and services - our reviews and ratings are not influenced by advertisers. You can read more about our editorial guidelines and our products and services review methodology.
20 YearsHelping You Live Richer
Reviewed by Experts
Trusted by Millions of Readers
Even before the economic tumult of 2025, with its astronomically priced eggs and tariff-related price hikes, the 2020s in America were marked by dizzyingly high cost of living — especially with regards to rent.
Recently, GOBankingRates sought to find which cities in America have an average rental cost of less than $2,000, all as a means to find the cheapest places in the country for renters to live. Utilizing cost-of-living indexes related to groceries, healthcare, housing, utilities, transportation and more, GOBankingRates categorized and sorted the cities with average rents under $2,000 to reveal the places with the cheapest cost of living.
Looking for a far more affordable city in your state? Considering a move to a different and cheaper locale? Check out the list below to find the affordable city for you.
Dyersburg, Tennessee
- Annual cost of living: $29,330
- Monthly rent: $650
- Median household income: $51,846
Richmond, Indiana
- Annual cost of living: $29,979
- Monthly rent: $776
- Median household income: $46,395
Muscatine, Iowa
- Annual cost of living: $30,474
- Monthly rent: $700
- Median household income: $59,332
Rolla, Missouri
- Annual cost of living: $30,525
- Monthly rent: $686
- Median household income: $42,518
Portales, New Mexico
- Annual cost of living: $30,881
- Monthly rent: $875
- Median household income: $51,290
Vermillion, South Dakota
- Annual cost of living: $30,882
- Monthly rent: $700
- Median household income: $52,815
Meadville, Pennsylvania
- Annual cost of living: $30,917
- Monthly rent: $728
- Median household income: $46,012
Fergus Falls, Minnesota
- Annual cost of living: $30,973
- Monthly rent: $900
- Median household income: $50,865
Great Bend, Kansas
- Annual cost of living: $31,075
- Monthly rent: $760
- Median household income: $53,323
Russellville, Kentucky
- Annual cost of living: $31,226
- Monthly rent: $799
- Median household income: $47,875
Hutchinson, Kansas
- Annual cost of living: $31,250
- Monthly rent: $746
- Median household income: $58,801Â Â
Austin, Minnesota
- Annual cost of living: $31,305
- Monthly rent: $881
- Median household income: $66,488
Greenwood, South Carolina
- Annual cost of living: $31,366
- Monthly rent: $853
- Median household income: $40,253
Uniontown, Pennsylvania
- Annual cost of living: $31,467
- Monthly rent: $800
- Median household income: $35,451
Macomb, Illinois
- Annual cost of living: $31,556
- Monthly rent: $755
- Median household income: $39,753
New Castle, Indiana
- Annual cost of living: $31,617
- Monthly rent: $840
- Median household income: 48,977
Steubenville, Ohio
- Annual cost of living: $31,808
- Monthly rent: $783
- Median household income: $47,057
Lebanon, Missouri
- Annual cost of living: $31,850
- Monthly rent: $869
- Median household income: $42,157
Waterloo, Iowa
- Annual cost of living: $31,851
- Monthly rent: $844
- Median household income: $56,344
Alliance, Ohio
- Annual cost of living: $31,925
- Monthly rent: $890
- Median household income: $54,608
Danville, Illinois
- Annual cost of living: $32,136
- Monthly rent: $807
- Median household income: $44,239
Pittsburg, Kansas
- Annual cost of living: $32,349
- Monthly rent: $878
- Median household income: $40,220
Boone, Iowa
- Annual cost of living: $32,393
- Monthly rent: $793
- Median household income: $67,269
Bluefield, West Virginia
- Annual cost of living: $32,415
- Monthly rent: $823
- Median household income: $43,826
East Cleveland, Ohio
- Annual cost of living: $32,427
- Monthly rent: $836
- Median household income: $22,883
Ashland, Ohio
- Annual cost of living: $32,492
- Monthly rent: $938
- Median household income: $57,310
Fort Dodge, Iowa
- Annual cost of living: $32,555
- Monthly rent: $836
- Median household income: $61,769
Kirksville, Missouri
- Annual cost of living: $32,581
- Monthly rent: $793
- Median household income: $48,063
Jamestown, North Dakota
- Annual cost of living: $32,626
- Monthly rent: $878
- Median household income: $54,809
Gadsden, Alabama
- Annual cost of living: $32,633
- Monthly rent: $750
- Median household income: $38,699
Cortland, Ohio
- Annual cost of living: $32,741
- Monthly rent: $875
- Median household income: $61,740
Merrill, Wisconsin
- Annual cost of living: $32,749
- Monthly rent: $895
- Median household income: $49,947
Carbondale, Illinois
- Annual cost of living: $32,764
- Monthly rent: $700
- Median household income: $29,670
Emporia, Kansas
- Annual cost of living: $32,769
- Monthly rent: $857
- Median household income: $52,787
Elyria, Ohio
- Annual cost of living: $32,777
- Monthly rent: $948
- Median household income: $53,204
Brownsville, Tennessee
- Annual cost of living: $32,778
- Monthly rent: $924
- Median household income: $39,488
Nappanee, Indiana
- Annual cost of living: $32,884
- Monthly rent: $895
- Median household income: $66,944
Warren, Ohio
- Annual cost of living: $32,889
- Monthly rent: $944
- Median household income: $36,955
Van Buren, Arkansas
- Annual cost of living: $32,898
- Monthly rent: $916
- Median household income: $59,420
Coos Bay, Oregon
- Annual cost of living: $32,909
- Monthly rent: $1,000
- Median household income: $55,292
Russellville, Arkansas
- Annual cost of living: $32,925
- Monthly rent: $992
- Median household income: $48,708
Waycross, Georgia
- Annual cost of living: $32,955
- Monthly rent: $850
- Median household income: $37,398
Sedalia, Missouri
- Annual cost of living: $32,987
- Monthly rent: $950
- Median household income: $50,668
Sterling, Colorado
- Annual cost of living: $33,001
- Monthly rent: $925
- Median household income: $44,242
Marietta, Ohio
- Annual cost of living: $33,025
- Monthly rent: $875
- Median household income: $45,986
Johnstown, Pennsylvania
- Annual cost of living: $33,074
- Monthly rent: $834
- Median household income: $33,784
Jamestown, New York
- Annual cost of living: $33,083
- Monthly rent: $913
- Median household income: $44,878
Crawfordsville, Indiana
- Annual cost of living: $33,117
- Monthly rent: $1,013
- Median household income: $49,327
Youngstown, Ohio
- Annual cost of living: $33,123
- Monthly rent: $971
- Median household income: $34,746
Duncan, Oklahoma
- Annual cost of living: $33,164
- Monthly rent: $794
- Median household income: $57,020Â Â
Methodology: Using Zillow Observed Rental Index, cities with an average rental cost of $2,000 or less were identified. The cost-of-living indexes were sourced from Sperling’s BestPlaces and include the grocery, healthcare, housing, utilities, transportation, and miscellaneous cost-of-living indexes. Using the cost-of-living indexes and the national average expenditure costs, as sourced from the Bureau of Labor Statistics Consumer Expenditure Survey, the average expenditure cost for each location was calculated. The average rent and expenditures were used to find the total cost of living. The cities were sorted to show the cheapest cost of living first. All data was collected on and is up to date as of May 13, 2025.
Share This Article:
You May Also Like
These 6 States Are Stepping In To Help SNAP Recipients -- Is Yours One of Them?
October 30, 2025
6 min Read
This 20-Minute Money Routine Could Change Your Financial Life, According to Rachel Cruze
October 28, 2025
6 min Read
How Much Monthly Income Could You Get from 1% of Warren Buffett's Wealth?
October 30, 2025
6 min Read
Bank of America's Top 5 Predictions That Are About To Shake Up the Economy
October 30, 2025
6 min Read
I'm a Self-Made Millionaire: 6 Steps I Took To Become Rich on an Average Salary
October 28, 2025
6 min Read
Questions Around The Economy
Make your money work for you
Get the latest news on investing, money, and more with our free newsletter.
By subscribing, you agree to our Terms of Use and Privacy Policy. Unsubscribe at any time.

Thanks!
You're now subscribed to our newsletter.
Check your inbox for more details.

Sending you timely financial stories that you can bank on.
Sign up for our daily newsletter for the latest financial news and trending topics.
For our full Privacy Policy, click here.
Looks like you're using an adblocker
Please disable your adblocker to enjoy the optimal web experience and access the quality content you appreciate from GOBankingRates.
- AdBlock / uBlock / Brave
- Click the ad blocker extension icon to the right of the address bar
- Disable on this site
- Refresh the page
- Firefox / Edge / DuckDuckGo
- Click on the icon to the left of the address bar
- Disable Tracking Protection
- Refresh the page
- Ghostery
- Click the blue ghost icon to the right of the address bar
- Disable Ad-Blocking, Anti-Tracking, and Never-Consent
- Refresh the page



