Here are the 14 most affordable housing markets in the US

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Cleveland, Ohio
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Shutterstock

Houses cost a lot of money. Finding more bang for your buck can be a challenge of being in the market for a home.

RealtyTrac, which analyzes US property data, identified the most affordable places to live in the US.

Surveying 582 counties across the country, the firm compiled home price and wage data. They developed a ranking of affordability by dividing the region’s average mortgage payment by average weekly wages.

From RealtyTrac’s findings, we compiled the list of the 14 most affordable counties in the US that are part of a metropolitan statistical area.

For the most part the counties were in the Midwest and South. Missouri, South Carolina, Michigan, and Ohio all placed multiple counties in the list.

Check out the full list below with the metro area, affordability score, average house price, and average weekly wages. The list is from less affordable to the most.


14. Philadelphia, PA

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Wikimedia Commons

Metro Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Affordability Percentage: 14.9%

Average Home Price: $120,956

Average Weekly Wage: $1,214

Source: RealtyTrac


13. Trumbull, OH

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The Clarence Darrow house in Kinsman, OH, part of Trumbull County.
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Wikimedia Commons

Metro Area: Youngstown-Warren-Boardman, OH-PA

Affordability Percentage: 14.5%

Average Home Price: $68,133

Average Weekly Wage: $785

Source: RealtyTrac


12. Bay, MI

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The Center Avenue neighborhood in Bay City, MI, part of Bay County.
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Wikimedia Commons

Metro Area: Bay City, MI

Affordability Percentage: 14.5%

Average Home Price: $55,016

Average Weekly Wage: $694

Source: RealtyTrac


11. Greene, MO

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Park Central Square in downtown Springfield, Missouri.
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Wikimedia Commons

Metro Area: Springfield, MO

Affordability Percentage: 14.5%

Average Home Price: $54,530

Average Weekly Wage: $737

Source: RealtyTrac


10. Baltimore City, MD

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The Inner Harbor in Baltimore, MD.
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Shutterstock

Metro Area: Baltimore-Towson, MD

Affordability Percentage: 14.4%

Average Home Price: $119,884

Average Weekly Wage: $1,240

Source: RealtyTrac


9. Cuyahoga, OH

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Cleveland, OH
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Shutterstock

Metro Area: Cleveland-Elyria-Mentor, OH

Affordability Percentage: 13.7%

Average Home Price: $65,290

Average Weekly Wage: $892

Source: RealtyTrac


8. Roane, TN

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A view of downtown in Rockwood, part of of Roane, TN.
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Wikimedia Commons

Metro Area: Harriman, TN

Affordability Percentage: 12.1%

Average Home Price: $73,175

Average Weekly Wage: $981

Source: RealtyTrac


7. Clayton, GA

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An aerial view of Clayton, GA.
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Wikimedia Commons

Metro Area: Atlanta-Sandy Springs-Marietta, GA

Affordability Percentage: 11.3%

Average Home Price: $43,481

Average Weekly Wage: $981

Source: RealtyTrac


6. Darlington, SC

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Darlington Raceway in Darlington County, SC.
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Jerry Markland/Getty Images

Metro Area: Florence, SC

Affordability Percentage: 10.8%

Average Home Price: $56,784

Average Weekly Wage: $845

Source: RealtyTrac


5. Wayne, MI

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Downtown streets in Wayne, Michigan.
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Wikimedia Commons

Metro Area: Detroit-Warren-Livonia, MI

Affordability Percentage: 10.6%

Average Home Price: $27,356

Average Weekly Wage: $927

Source: RealtyTrac


4. Fairfield, SC

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The Fonti Florab Plantation in Fairfield County, South Carolina.
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Wikimedia Commons

Metro Area: Columbia, SC

Affordability Percentage: 10.3%

Average Home Price: $49,917

Average Weekly Wage: $874

Source: RealtyTrac


3. Lake, IN

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A street in downtown Lowell, IN.
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Wikimedia Commons

Metro Area: Chicago-Naperville-Joliet, IL-IN-WI

Affordability Percentage: 9.5%

Average Home Price: $43,007

Average Weekly Wage: $869

Source: RealtyTrac


2. St. Louis City, MO

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Shutterstock

Metro Area: St. Louis, MO-IL

Affordability Percentage: 9.4%

Average Home Price: $33,894

Average Weekly Wage: $1,032

Source: RealtyTrac


1. St. Louis County, MO

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The GW Tolhurst house in Kirkwood, MO, part of St. Louis County.
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Wikimedia Commons

Metro Area: St. Louis, MO-IL

Affordability Percentage: 8.3%

Average Home Price: $61,408

Average Weekly Wage: $1,099

Source: RealtyTrac