Affordable Homeownership: 10 Cities with Lower Cash Requirements

Realtor.com has identified the top 10 US cities where homebuyers make the smallest down payments, making homeownership more affordable. The cities are primarily located in the South and Midwest, known for their affordability, and four of them have military bases, increasing the chances of buyers being military personnel who can utilize Veteran loans with low or no down payments. The average down payment in these cities ranges from 5.3% to 10% of the purchase price, providing an opportunity for buyers who may not have enough cash for a larger down payment.