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  1. Housing
  2. Home Prices

Top 10 Big Cities With the Most Affordable Home Prices Right Now

By: Mary Ellen Cagnassola
Mary Ellen Cagnassola, expert in Social Security, retirement, housing, and Reporter at Money
Mary Ellen Cagnassola
Reporter | Joined May 2024
Mary Ellen (M.E.) Cagnassola joined Money as a reporter in 2022. She covers U.S. rent and real estate with a focus on market trends and affordability.
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Editor: Brad Tuttle
Brad Tuttle, expert in Personal finance, shopping, consumer trends, and Senior Editor at Money
Brad Tuttle
Senior Editor | Joined January 2014
Brad Tuttle is a senior editor at Money with over 10 years’ experience covering a vast number of personal finance topics, including careers, cars, travel, budgeting, investing, insurance, credit cards, consumer psychology, real estate, banking, and shopping and deals.
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Published: Nov 21, 2023 3 min read
Toledo, Ohio, USA downtown skyline on the Maumee River at dusk.
Toledo, Ohio
Shutterstock

American homebuyers may be feeling like they’re out of options amid soaring housing prices, low inventory and elevated mortgage rates.

But a new ranking shows there are still some cities where the median home price is $300,000 or less — a steal when you consider the median throughout the U.S. right now is $431,000.

Real estate listing site Realtor.com looked at list prices in the 100 largest cities in October, including their surrounding suburbs and smaller urban areas, to find the cheapest markets for homebuyers.