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Top 10 most affordable cities for home buyers

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Are you practicing in one of the top ten cities that Forbes has deemed to be the most affordable for home buyers?

In this downtrodden economy, there are people who have moved cities and used cost of living as an excuse to pack up and try somewhere new. Although it is not the mainstream method of searching for homes (reading Forbes and picking a new life), nor is it that simple, but it has happened to influence people in their decisions to move.

That said, we’d like to outline not only what Forbes chose as the top ten most affordable, we’d like to show you what you can get for $200,000 in each of these affordable cities.

10. Cincinnati, OH

9. Dayton, OH

8. Columbia, SC

7. Rochester, NY

6. Syracuse, NY

5. Oklahoma City, OK

4. Louisville, KY

3. Chattanooga, TN

2. Indianapolis, IN

1. Pittsburgh, PA

To find the affordability of American cities, Forbes looked at data from the National Association of Home Builders, U.S. Census Bureau and Local Market Monitor.

CC Licensed image courtesy of Modashell via Flickr.com.

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Tara Steele is the News Director at The American Genius, covering entrepreneur, real estate, technology news and everything in between. If you'd like to reach Tara with a question, comment, press release or hot news tip, simply click the link below.

14 Comments

14 Comments

  1. Stephanie Crawford

    June 29, 2010 at 3:56 am

    Forbes articles drive me nuts. It’s impossible to click through and glance over a “list”. You have actually, uh, read and look through multiple in an attempt to locate your city. I’m sure this strategy must help their SEO and analytics, but it drives me batty. Anyone with me on this? Just sayin’…

  2. Joe Loomer

    June 29, 2010 at 6:59 am

    Home Builders? Census Bureau? Local Home Monitor? Oh my! Where’s the NAR RPR data? I know, I know, it’s still in beta.

    Navy Chief, Navy Pride

  3. Matt Thomson

    June 29, 2010 at 10:10 am

    Are these cities affordable or cheap? That’s great that you can get a fancy house with granite counters and a manicured lawn for $200k, but if you can’t get a job or if your job pays you 60% of what it would pay you elsewhere, is that really affordable?
    Was that taken into account at all?

  4. C Richey

    April 3, 2011 at 6:57 pm

    There is a new list out now. None of last year’s cities made the cut.

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