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Below are examples of some of the most affordable places to live in the United States. The criteria for this page is towns with a population of at least 5,000, which have all the basics, and have at least 5 homes (two-bedrooms or larger) listed for sale at less than $125,000. Other pages you'll want to check out:
Cheap House | Nice Towns - This has examples of towns with homes under $50,000.
More Places To Buy A Cheap House - A few towns with home under $30,000.
Of course, towns with homes that cheap sometimes have a lack of good jobs, making them less affordable in the end. The towns that aren't quite the cheapest generally have a better economic climate, making them perhaps the most affordable places to live. Some examples:
Alamogordo, New Mexico
Alomogordo is in south-central New Mexico, and although it is in a desert, you can drive half-an-hour to the forests and cooler temperatures of the Sacramento Mountains. The beautiful White Sands National Monument is nearby, and there are more than 300 days per year of sunshine here. The clear skies are why the German Air Force practices at the Holloman Air Force Base, south of town. The cheap houses here are mostly mobile homes, but there are others. As of August 2007, the listings include a three-bedroom fixer upper for $25,000, several two and three-bedroom homes for around $65,000, and many under $125,000.
Aberdeen, Washington
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. 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 when we went through. But there still are seven below $100,000 at the moment, the cheapest priced at $64,000 (may be a fixer upper).
Hickory, North Carolina
Hickory is located in North Carolina's Piedmont region, 50 miles northwest of the City of Charlotte and 80 miles east of Asheville. It is intersected by Interstate 40, US Highway 321 and US Highway 70. The official city website lists as one of it's "amazing facts," that the Hickory Public Library is the first public library in North America to use smart card technology. With a population of around 30,000, Hickory is large enough to have everything you need, and still has cheap homes for sale, including six or seven under $100,000, with the cheapest listing at the moment costing $41,000.
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 has our favorite airport (we live just 40 miles away, so we have used it often), and is just far enough away from the busyness of Denver. Condos can still be bought for under $80,000 here, and there are normally at least half-a-dozen houses listed under $100,000 at any give time.
More Of The Most Affordable
Places To Live
Here are some more nice towns with homes under $125,000 (Updated August 2007):
Rawlins, Wyoming - Many homes for less than $125,000, six under $95,000.
Butte Montana - Prices vary widely, but there are always some that are less than $90,000.
Austin, Texas - 100 or more under $125,000, many under $70,000.
Klamath Falls, Oregon - 50 or more homes for less than $125,000, many under $90,000.
Ridgecrest, California - Ten homes under $125,000, although several of them are mobiles.
Canon City, Colorado - For more on this, our own home town, see the page Canon City Real Estate.
Houses Under Fifty Thousand | The Most Affordable Places To Live