The 10 Most Affordable Cities in the U.S. in 2026

Key takeaways

• Detroit, MI, Akron, OH, and Gary, IN, are the most affordable cities in the U.S., where locals need to spend just 24% of their income on housing.
• The Midwest and East Coast are home to a majority of the cheapest places to live, although they’re also becoming increasingly competitive.
• Home prices are still rising in many parts of the country, but slower growth is helping affordability improve in most markets.

Housing affordability is one of the biggest challenges for Americans in 2026. Home prices grew exponentially during the pandemic housing boom, and while growth has slowed in the last year, a majority of people are still spending an outsized share of their income on housing. The typical homebuyer today spends nearly 40% of their income on monthly housing payments, according to Redfin data—well above the traditional affordability benchmark. 

Still, some cities are more affordable than others. In many Midwest and Northeast metros, lower home prices and relatively strong local incomes keep homeownership within reach.

So, which U.S. cities are still affordable, and where is affordability improving? Let’s take a look at the most affordable places to live in and buy a house in 2026, where locals can spend 30% of their income or less on housing.

The 10 most affordable cities in the U.S.

Detroit is the most affordable major city in the U.S., with the typical local spending just 24% of their income on housing compared to 36% nationwide. Next comes Akron, OH, and Gary, IN. Zooming out further, the nation’s most affordable cities are located near the Great Lakes and in the Midwest, East Coast, and South. 

Cities where affordability is improving the most

“Nationally, housing affordability has actually improved over the past year, which may come as a surprise given that soaring home prices and mortgage rates are fresh in people’s memory,” said Daryl Fairweather, Redfin Chief Economist. “Since mid-2025, home-price growth has cooled while incomes have grown, pushing the relative cost of buying down in nearly every major city in the country. We expect affordability to continue to improve in the years ahead.”

Housing affordability is improving the most in San Jose, Chicago, and Miami. San Jose is unique because its neighbor, San Francisco, is quickly becoming less affordable. The localized AI boom is the primary reason for the discrepancy, with a huge amount of wealth hitting the Bay Area market. Other coastal cities are becoming more affordable as their housing markets slowly reset from the pandemic boom.

Only four of the largest U.S. cities are becoming less affordable: San Francisco (+2.1 ppts), Dayton (+0.9 ppts), Philadelphia (+0.5ppts), and Providence (+0.2 ppts). These cities are becoming more expensive because they are highly competitive, not because incomes are dropping. Strong demand for a limited supply of housing is pushing prices up faster than incomes can handle.

The Midwest and Northeast are the most affordable places to buy a house

The Midwest and Northeast are home to a majority of the cheapest housing markets in the U.S., with most clustered around the Great Lakes. These areas remain relatively affordable in large part because of their economic past. Decades of industrial decline from the 1960s through the 2010s dampened home values and slowed population growth, leading many to be labeled “Rust Belt” cities. 

However, as affordability has become increasingly strained nationwide, many homebuyers are now flocking to these once-overlooked metros in search of lower-cost options. This shift has led to a surge in demand and renewed momentum for revitalization efforts (Pittsburgh and Cleveland are good examples). But with demand rising against a limited and aging housing supply, prices are now climbing faster than the national average in most places.

How much home can you afford?

Experts generally suggest spending less than 30% of your income on housing, but in today’s market, most households spend more than that. 

Regardless, it’s important to determine how much home you can afford so you can budget and plan ahead. Here are a few tools to help:

• Redfin’s Affordability Calculator can help estimate how much house you can afford based on your income, debts, and down payment.
• Redfin’s Mortgage Calculator helps provide a complete picture of what your monthly housing payments could be.
• Redfin’s Rental Affordability Calculator can help estimate how much rent fits your budget.
• Redfin’s Rent vs. Buy Calculator compares the costs of renting and owning, so you can decide which makes more sense for you.

If you decide you’re ready to enter the housing market, make sure to get pre-approved for a mortgage to get the ball rolling smoothly and show sellers that you’re serious.

>> Looking for more affordable options? Check out the cheapest states to buy a house or states that pay you to move there.

Methodology

Rankings expand on a May 2026 Redfin analysis of housing affordability by analyzing the 96 largest U.S. metros (“cities”). The analysis focused on the share of income a median-income resident needs to spend every month to comfortably afford a typical home. A home was considered “affordable” if its corresponding monthly payment was no more than 30% of median monthly earnings, assuming a 20% down payment, typical taxes and fees, and a 30-year mortgage. Cities with the lowest monthly income requirements ranked as the most affordable.

All data came from a Redfin analysis of MLS, U.S. Census, and Atlanta Fed data.