Top 5 Most Affordable Cities to Buy a Home in the US
TL;DR Summary
WalletHub's annual analysis of the "Most Affordable Cities for Home Buyers" ranks Atlanta as the 15th most affordable among big U.S. cities, with a population of over 300,000. The study compared 300 U.S. cities across 10 key metrics, including the cost of homes, tax rates, and median home-price appreciation. The country's median home sales price has ballooned from $313,000 in early 2019 to nearly $437,000 in the first quarter of 2023, with interest rates climbing from a historic low of 2.65 percent in early 2021 to 6.39 percent this month for average, 30-year fixed mortgages.
- Atlanta charts (relatively) high on list of 'most affordable' big cities Urbanize LA
- Short on Cash? Buy a Home Here Newser
- Houston is just 1 of 4 US metros where it's cheaper to buy than rent Houston Chronicle
- Sioux City ranks #10 most affordable U.S. city, study shows KCAU 9
- Ogden ranked the most affordable city in the Western U.S. ABC4.com
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