Top 10 Cities with the Cheapest Housing in the United States 2023
Top 10 Cities with the Cheapest Housing in the United States 2023
Are you looking for an affordable place to live in the United States with reasonable rental prices? Look no further! We have compiled a list of the top 10 cities with the cheapest rent in the country for 2023. These cities offer an excellent opportunity for individuals and families to find affordable housing without breaking the bank. So, let's dive into the details and explore these budget-friendly cities.
1. Kalamazoo, Michigan
Population: 266,000
Median Household Income: $56,439
Median Home Value: $171,788
Kalamazoo, located in the state of Michigan, is a city known for its affordability and attractive rental prices. With a population of over 150,000 people, Kalamazoo offers a range of housing options at affordable rates. The median household income is $56,439, and the median home value is $171,788.
One of the major employers in Kalamazoo is Western Michigan University, which provides job opportunities for residents. Additionally, pharmaceutical company giant Pfizer and medical equipment company Stryker also contribute to the local economy. Kalamazoo's Nature Center is a popular recreational spot for residents, hosting daily activities and providing access to beaches and miles of trails. The city's proximity to Chicago, just a three-hour drive away, adds to its appeal.
2. Harlingen, Texas
Population: 422,023
Median Household Income: $40,999
Median Home Value: $88,998
Harlingen, situated in Texas, is another city offering affordable rental options. With a population of over 400,000 people, Harlingen provides a lower cost of living compared to the national average. The median household income is $40,999, and the median home value is $88,998.
Residents of Harlingen enjoy a variety of amenities, including access to the Gulf of Mexico coast, which is just thirty miles away. The city's beaches and affordable housing options make it an attractive choice for those seeking a budget-friendly place to live. Renters can expect to pay an average of $700 in rent, which is significantly lower than the national average.
3. McAllen, Texas
Population: 868,700
Median Household Income: $41,798
Median Home Value: $93,402
McAllen, also located in Texas, is often referred to as "The City of Palms" and offers affordable living options. With a population of nearly 900,000 people, McAllen boasts a low cost of living and affordable housing prices. The median household income is $41,798, and the median home value is $93,402.
Nature enthusiasts will appreciate McAllen's status as an active migration route for birds, attracting bird lovers and offering opportunities for bird watching. The city is also home to Quinta Mazatlán, a natural habitat for birds spanning 15 acres. Cultural attractions, such as the International Museum of Art and Science, provide residents with educational and entertainment opportunities. With housing costs 42% cheaper than the national average, McAllen is an affordable option for individuals and families.
4. Jackson, Mississippi
Population: 594,805
Median Household Income: $52,420
Median Home Value: $153,795
Jackson, the state capital of Mississippi, offers affordable housing options and a lower cost of living compared to the national average. With a population of nearly 600,000 people, Jackson has a median household income of $52,420 and a median home value of $153,795.
The city is known for hosting the International Ballet Competition, attracting dancers from around the world. Jackson's housing costs are approximately 40% lower than the national average, making it an affordable place to call home. The city offers a range of recreational and entertainment options, including the West Tennessee Healthcare Sportsplex and the International Rock-A-Billy Hall of Fame Museum.
5. Amarillo, Texas
Population: 269,450
Median Household Income: $53,505
Median Home Value: $156,305
Amarillo, located in Texas, is another affordable city on our list. With a population of over 250,000 people, Amarillo offers a low cost of living and affordable housing options. The median household income is $53,505, and the median home value is $156,305.
Residents of Amarillo can enjoy savings in various areas, such as services like dry cleaning, with housing expenses being around 39% lower than the national average. The city's affordability and attractive amenities make it an excellent choice for individuals and families looking for budget-friendly living.
6. Anniston, Alabama
Population: 113,600
Median Household Income: $48,150
Median Home Value: $121,609
Anniston, located in Alabama, is known for its affordability and lower housing costs compared to other parts of the county. With a population of over 100,000 people, Anniston offers a range of affordable housing options. The median household income is $48,150, and the median home value is $121,609.
Outdoor enthusiasts will appreciate the opportunities for activities like hiking and mountain biking in the Mountain Longleaf National Wildlife Refuge. The city also boasts unique architectural structures, such as Victorian homes and old churches. With housing costs over 40% lower than the national average, Anniston provides an affordable living option.
7. Joplin, Missouri
Population: 179,560
Median Household Income: $48,900
Median Home Value: $127,810
Joplin, located in Missouri, is an affordable city known for its low housing costs and cheaper expenses in areas like transportation, healthcare, and groceries. With a population of nearly 180,000 people, Joplin offers affordable housing options to its residents. The median household income is $48,900, and the median home value is $127,810.
The city is famous for being the hiding place of infamous bank robbers Bonnie and Clyde. Today, Joplin is recognized for its tornados, but it remains an affordable place to live. Housing costs in Joplin are 35% lower than the national average, making it an attractive option for those seeking budget-friendly accommodations.
8. Kokomo, Indiana
Population: 82,500
Median Household Income: $53,435
Median Home Value: $109,803
Kokomo, located in Indiana, is a city with affordable housing options and a low cost of living. With a population of over 80,000 people, Kokomo offers housing prices that are around 28% lower than the national average. The median household income is $53,435, and the median home value is $109,803.
The city is home to several major manufacturing hubs for global automotive industries, providing job opportunities for residents. Kokomo's lower housing costs, along with savings on fuel and food compared to other cities, make it an affordable place to call home.
9. Knoxville, Tennessee
Population: 869,515
Median Household Income: $56,613
Median Home Value: $186,890
Knoxville, located in Tennessee, is a city known for its affordability and lower cost of living. With a population of over 800,000 people, Knoxville offers a good combination of country and urban living. The median household income is $56,613, and the median home value is $186,890.
The city is home to the University of Tennessee, the Women's Basketball Hall of Fame, and serves as the gateway to the Great Smoky Mountains. Knoxville's lower transportation costs and food prices contribute to its overall affordability. Nature lovers will appreciate the city's proximity to outdoor activities and scenic beauty.
10. Hattiesburg, Mississippi
Population: 168,470
Median Household Income: $48,360
Median Home Value: $145,300
Hattiesburg, located in Mississippi, is a small and affordable town with lower housing costs compared to other parts of the country. With a population of over 160,000 people, Hattiesburg offers affordable rental and homeownership options. The median household income is $48,360, and the median home value is $145,300.
The town is home to several prestigious educational institutions, including the University of Southern Mississippi and William Carey University. Beaches and casinos are just a short distance away, providing additional recreational options. With housing costs 36% lower than the national average, Hattiesburg is a budget-friendly choice for individuals and families.
Conclusion
Finding an affordable place to live in the United States is not an impossible task. The top 10 cities with the cheapest rent in 2023 offer a range of options for individuals and families looking to save on housing expenses. Whether you prefer the Midwest charm of Kalamazoo, the coastal access of Harlingen and McAllen, or the southern hospitality of Jackson and Hattiesburg, there is an affordable city that fits your needs.
It's important to note that while these cities offer budget-friendly living, other factors such as job availability, quality of life, and access to amenities should also be considered when making a decision. Conduct thorough research and visit these cities to get a firsthand experience before making a move. With careful planning and consideration, you can find an affordable place to call home without compromising on your lifestyle.
Remember, affordability is just one aspect of choosing a place to live. Take into account your personal preferences, career opportunities, and overall quality of life to ensure a well-rounded decision.