More Affordable Places to Live
(Last update: July 2014)
By Steve Gillman
Some more affordable places to live in the United States are
covered below, with a few notes about each, along with information
on the number of cheap homes for sale as of the last update.
Of course, towns with inexpensive housing sometimes lack of good
jobs, making them less affordable in the end, so you'll want
to investigate these examples more closely before planning a
To be included on this page towns have to have decent homes
listed for sale for under $125,000. We use Realtor.com for researching
this, including only homes with at least two bedrooms, and excluding
the lowest-priced 10 to 30 listings (depending on the size of
the town) based on the assumption that these usually need more
than cosmetic work to make them livable.
In addition to the examples below, here are some other pages
you'll want to check out:
Cheap House | Nice Towns
- This has examples of towns with homes under $75,000.
More Places to Buy a Cheap
House - A few towns remain with homes under $50,000.
Altoona is in a beautiful setting in the Allegheny Mountains.
The population is around 35,000, which means it is large enough
to have the usual amenities that most of us want. It is also
one of the easiest places on the list to buy a cheap house.
This was one of the original features on our no-longer-existent
page of towns with homes for less than $30,000. Now expect to
pay over $100,000 if you don't want a fixer upper. Here's a photo
of the town...
The City of Warren, Pennsylvania is on the Allegheny River
in the northwest section of the state. It has more than 10,000
residents and is the center of the county's business, tourist,
and recreational endeavors (it is the county seat). Warren has
21 parks with 180 acres and is the gateway to the Allegheny National
Forest. The area has a population of approximately 25,000, and
the city claims to have a diversified economic base, with 106
manufacturers employing 6,900 people.
Prices: Not too many years ago this used to make our list
of towns with houses for sale under $30,000. Now you have to
pay close to $100,000 to get something nice.
The City of Aberdeen is located on the southern edge of the
Olympic Peninsula at the convergence of the Wishkah and Chehalis
Rivers. The economy of the area was based on logging and fishing,
but in the last few years there has had to begin the conversion
to an economy based more on tourism.
Prices: We loved the area when we drove through in 2002, and
we figured it wouldn't be inexpensive for long. We were right,
as there are no more $30,000 homes like there were when we went
through. Now there are only a few decent-looking places
listed for under $125,000.
Cape Coral, FL
There are hundreds of cheap homes for sale in this Gulf Coast
city of 154,000. Condos start under $60,000, and many homes that
sold for over $150,000 eight years ago are listed for under
London is centrally located along Interstate 75 between the
Daniel Boone & Cumberland Gap Parkways. It is close to five
state parks and two national parks, as well as Laurel Lake, known
for it's crystal clear waters.
Prices: There are a few cheap stick-built houses for
sale in the 80's, and some mobile homes on property for
less than that.
Fort Madison, Iowa
On the banks of the Mississippi River, in southeastern Iowa,
Fort Madison is small town (population 10,700, full of Victorian
homes and antique stores. It also has a riverboat casino during
the summer months, which is docked 20 miles upstream in the winter.
The crime rate is half of the national average - common with
these small towns.
Prices: Nice three-bedroom homes start around $90,000.
Colorado Springs, Colorado
What a beautiful setting for a town. Pikes Peak seems to always
be within sight wherever you go in the city. There are parks,
wilderness, and great nightlife downtown as well. This is one
of the larger towns in our selection, with a population of over
350,000. It had our favorite airport when we lived in Canon City,
just 40 miles away, and is just far enough away from the craziness
Prices: Condos can still be bought for under $75,000 here,
but expect to pay at least $115,000 for a nice house.
Be aware that in some parts of town the homes are on rental lots,
which is why you'll see some listings for well under $100k.
Still More Affordable Places
We don't include much of a description of the towns below,
but it is easy to research this online, so here are some brief
notes on a few other places with affordable housing.
Butte Montana - There are only a couple dozen homes
selling for under $100,000 at the moment, and they appear to
need work. You can expect to pay around $110,000 for a
Austin, Texas - You'll find nice condos for less
than $100,000. For decent single-family homes expect
to pay at least $120,000.
Klamath Falls, Oregon - There are many homes price
at under $90,000, and a few fixer uppers, mobile homes and modular
homes under $50,000.
Ridgecrest, California - There are condos and mobile
homes for less than $80,000, but expect to pay $100,000
or more for most homes.
Metropolis. Illinois - Not really a metropolis, but
there are affordable houses, and even nice brick homes
Amherst, NY - With a population of over 115,000 you'll
find everything you need here, and although only a few houses
are listed for around $120,000, there are also nice condos around
Monett, Missouri - You can buy a livable house here
for under $100,000.
Canon City, Colorado - For more on this, which was
previously our own home town, see the page Canon
City Real Estate.
Traverse City, MI - This is a great place in the summer
(I lived here for many years), and now prices are reasonable.
Although the properties under $100,000 are mostly fixer uppers
or condos, there are some nice homes for under $125,000.
Buying a decent home for this price was not easy prior to about
Recently removed from our list because of rising prices
(these no longer meet our criteria):
Morgantown, West Virginia
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