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Dec 3, 2023 · The cheapest cities in Tennessee are La Follette, Rockwood, Lawrenceburg, Memphis, Humboldt, Harriman, Madisonville, Union City, Brownsville, and Covington. Here’s a look at the most expensive cities in Tennessee according to the data: Brentwood. Thompson’s Station. Nolensville.
- Detroit, Michigan
- Cleveland, Ohio
- Toledo, Ohio
- Memphis, Tennessee
- Baltimore, Maryland
- Rochester, New York
- Milwaukee, Wisconsin
- Montgomery, Alabama
- Buffalo, New York
- Kansas City, Kansas
The Motor City tops the list of most affordable places to buy a home. Despite the median salary being among the lowest of the affordable cities on this list, so are home prices. In fact, median earners in Detroit will spend just about 6% of their monthly income on mortgage payments, which is extremely low. Although Detroit has suffered major blows ...
Cleveland is not only an affordable city, but it’s a young one, too; the median age is around 36, which is just under the national median. What makes Cleveland special is its liveliness. Situated on Lake Erie, people there enjoy water sports and boat parties. For nature lovers, there’s an extensive network of nature preserves that surround the city...
Geographically, Toledo is in a prime location. Located on the Western end of Lake Erie, it’s a one-hour drive to Detroit, a two-hour drive to Cleveland and about four hours to Chicago. Although Toledo has struggled with a depressed economy since the 1980s, in recent years the rust belt city has made strides toward a better future. According to a re...
Memphis is home to about 650,000 people, and the median age is around 34. In fact, this Mississippi Delta city might be primed for a tech surge. Anthony Young, capital executive in residence at Epicenter, a non-profit designed to support entrepreneurship in the greater Memphis area, recently told the publication AfroTechthat Memphis is outpacing ot...
Baltimore is home to high-profile employers, including John Hopkins University and Northrop Grumman, one of the world’s largest weapons manufacturers and military technology providers. The government is also a big player in Baltimore’s economy, with more than 18% of workers employed by the federal (145,695), state (99,127) or local (245,253) govern...
Rochester made our list of most affordable cities—but it could be poised to become slightly less affordable in the future. According to a recent report by real estate analytics firm ATTOM Data Solutions, Rochester was among the metro areas (with a population of at least 1 million in 2020) that saw the biggest leaps in return on investment (ROI) for...
Located on the western side of Lake Michigan, Milwaukee is probably best known for its beer-making heritage. In fact, Milwaukee was home to breweries before it actually became a city. Some of the oldest American beer makers come from Milwaukee, including Schlitz, Pabst and Miller. Even the city’s baseball team—the Brewers—pays tribute to its roots....
Montgomery Alabama offers the lowest median annual real estate taxes on this list, totaling about $512 per year. Not only is it a great place for low taxes, but Montgomery also offers promising career opportunities. Montgomery may fly under the radar, says Ratiu, but that might be a mistake. “Broadly speaking, Alabama has a tremendous aerospace ind...
Buffalo has gone through a major transformation over the last decade, with new restaurants, entertainment, activities and events popping up year after year. This confluence of businesses and community activities has infused the city (known for its harsh winters) with lots of fun and energy, says Amber Wesser, real estate broker at Hunt Real Estate ...
Some of the most affordable areas for first-time homebuyers are in the Midwest, and Kansas City is definitely an example of that. With median listing prices below $200,000, this could be a great area for buyers on a budget. And if you happen to be in the healthcare field, even better. Health care is the top industry in Kansas City (not to be confus...
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- Taryn Tacher
- Bakersfield. Given its sweet spot location between LA and San Francisco, it’s a wonder that Bakersfield is still such an affordable city for California homebuyers.
- Blythe. Tucked away in southeast California, the small city of Blythe is an often overlooked destination for homebuyers. The population is just under 18,000, and with a low median home price, it could be an interesting prospect for potential buyers.
- Clearlake. Clearlake sits north of Sacramento on, as its name suggests, a lake — which means this affordable city is not only one of the cheapest places to buy a house in California, it’s a haven for outdoor enthusiasts.
- Eureka. With its Victorian-style buildings and lively waterfront, Eureka can easily be described as a charming small town. It sits about five hours north of San Francisco and has a population of about 26,000, though that number is in decline by 0.09% annually.
- Woodward, Oklahoma. Median List Price: $139,025. Woodward is the cheapest place to buy a house in Oklahoma since its median list price of $139,025 is the lowest in the state.
- Bennettsville, South Carolina. Median List Price: $144,250. Bennettsville is the cheapest place to buy a house in South Carolina since its median list price of $144,250 is the lowest in the state.
- Marshalltown, Iowa. Median List Price: $145,189. Marshalltown is the cheapest place to buy a house in Iowa since its median list price of $145,189 is the lowest in the state.
- Charleston, West Virginia. Median List Price: $146,125. Charleston is the cheapest place to buy a house in West Virginia since its median list price of $146,125 is the lowest in the state.
Settling down in one of the cities below could do wonders for your wallet. Based on the median gross rent and annual housing costs for mortgage-paying homeowners of each metro area, these are the cities with the lowest cost of living in the country. For more information on how we rank, read the Best Places to Live methodology.
Feb 13, 2024 · Johnson City. With rental costs being 37% below the national average, Johnson City stands as one of the most affordable cities to live in Tennessee. The median house rent is $450 – $3,250. Johnson City is famed for its recreational options, with water skiing and hiking taking the top spots.
