10 Smaller Cities with the Lowest Property Prices in America

• Rising interest rates have caused some home-buyers to reconsider how much they can afford monthly.
• To lower their housing costs, some may look at moving to cheaper cities in other states. 
• These are the ten cheapest places to buy a house according to Redfin data. 

Rising interest rates lead to higher monthly mortgage payment, which can cause homeowners and potential buyers to seek ways to reduce their costs. 

Below is a list highlighting the ten most affordable US cities that have more than one million residents. These are the places where you can buy a house without spending a fortune. We used data from Redfin, a real estate brokerage.

According to The National Association of RealtorsIn July, the median home price was $403,800.

1. Detroit, Michigan

Redfin states that Detroit has a median listing cost of just $48. $87,000It is the most affordable city in the country with approximately a million inhabitants. 

2. Dayton, Ohio

The home of the National Museum of the US Air ForceRedfin reports that the median listing price for a property is $106,000.

3. Youngstown, Ohio

Youngstown, Ohio is the largest municipality in Mahoning County. According to the data, the median listing price for Youngstown is $122,600.

4. Toledo, Ohio

Toledo, Ohio is located at Lake Erie’s western tip and is the fourth largest city in Ohio. It has been home to many notable people. median listing priceOnly $125,000 

According to the most recent Census Bureau Data, it has seen a decline in its population. RentCafeIt was found that Toledo is very popular among Gen Z renters.

5. Cleveland, Ohio

Cleveland is Ohio’s third-largest municipality. It has a median listing value of $125,000 and is therefore the most expensive. Redfin. 

6. Akron, Ohio

According to a report by a, Akron is ranked among the top 10 most cost-effective housing markets for Black households. February reportBy the National Association of Realtors Realtor.com.

Redfin’s August data showed that it had a median listing price $135,000

Akron was the home of the first American toy company that made marbles. Akron Toy Company.

7. Scranton, Pennsylvania 

Scranton’s median income is $13,050 List price $142,000 According to Redfin, this is still below the national median.

8. Syracuse, New York

Syracuse is known for being the snowiest place in the country and is ranked eighth on the list. The median listing price for this city is $169,000 Redfin saysThis may be an option for people who wish to live near a major city like New York City. 

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9. Buffalo, New York

With a median property price of $230,000 in Buffalo, it is the second largest city in New York. per Redfin.

Forbes reported in February that only half of those who wanted to rent in Buffalo lived in New York City.

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10. Pittsburgh, Pennsylvania

The median listing price in Pittsburgh is $266,000,This makes it the 10th-cheapest US city for buying a house. 

Pittsburgh is also known as the “City of Bridges” for its 446 river crossings. This number is three more than Venice, Italy.