{"id":91861,"date":"2024-02-20T11:18:07","date_gmt":"2024-02-20T19:18:07","guid":{"rendered":"https:\/\/www.redfin.com\/blog\/?p=91861"},"modified":"2024-02-20T11:18:07","modified_gmt":"2024-02-20T19:18:07","slug":"affordable-places-to-live-in-the-south","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/blog\/affordable-places-to-live-in-the-south\/","title":{"rendered":"10 Affordable Places to Live in the South in 2024"},"content":{"rendered":"

With its southern charm, rich history, vibrant culture, and delicious regional cuisines, the South is truly a special place to call home. The South has plenty to offer with its warm climate, diverse natural areas, and historic sites. <\/span>From the soulful sounds of Memphis, TN<\/a>, to the historic charm of Baltimore, MD<\/a>, there are plenty of one-of-a-kind cities and states to live in.\u00a0<\/span><\/p>\n

If you’re ready to make a move without going over your budget, Redfin has compiled a list of the 10 most affordable places to live in the South. And they all have a median home sale price under $300,000. Let’s jump in and see what city you may just want to move to.<\/p>\n

\"Aerial<\/h2>\n

1. Memphis, TN<\/h2>\n

Median home price:<\/b> $170,000
\n Average sale price per square foot:<\/b> $113
\n Average rent for a 1-bedroom apartment:<\/b> $1,075
\n Median household income: <\/b> $48,090
\nMemphis, TN homes for sale<\/a>
\nMemphis, TN apartments for rent<\/a><\/p>\n

First on our list of most affordable places to live in the South is Memphis, TN. As the “Home of the Blues,” this vibrant city is known for its rich musical heritage, including the famous Beale Street. Memphis has a variety of parks, such as Shelby Farms Park, one of the largest urban parks in the US. Additionally, Memphis is home to historic sites like Graceland, the former home of Elvis Presley.<\/p>\n

2. Baltimore, MD<\/h2>\n

Median home price: <\/b> $200,000
\n Average sale price per square foot:<\/b> $142
\n Average rent for a 1-bedroom apartment:<\/b> $1,475
\n Median household income: <\/b> $58,349
\nBaltimore, MD homes for sale<\/a>
\nBaltimore, MD apartments for rent<\/a><\/p>\n

A historic city with a rich maritime history, Baltimore, MD, is the second city on our list. Baltimore has about 585,700 residents, and the median home sale price is $200,000. <\/span>The city is home to popular attractions such as the Inner Harbor, the National Aquarium, and Fort McHenry. You can also enjoy Baltimore’s many parks, including Patterson Park and Druid Hill Park.<\/p>\n

3. Baton Rouge, LA<\/h2>\n

Median home price: <\/b> $219,950
\n Average sale price per square foot: <\/b> $129
\n Average rent for a 1-bedroom apartment: <\/b> $1,052
\n Median household income: <\/b> $50,155
\nBaton Rouge, LA homes for sale<\/a>
\nBaton Rouge, LA apartments for rent<\/a><\/p>\n

The capital of Louisiana, Baton Rouge, offers a blend of historic and modern attractions. The median home sale price is about $219,950, making it another affordable area. Baton Rouge is home to the Louisiana State Capitol and Louisiana State University and the lively downtown area with its many restaurants and shops. Make sure to spend time outside at the nearby Bluebonnet Swamp Nature Center.<\/p>\n

4. Little Rock, AR<\/h2>\n

Median home price: <\/b> $220,000
\n Average sale price per square foot: <\/b> $125
\n Average rent for a 1-bedroom apartment: <\/b> $892
\n Median household income: <\/b> $58,697
\nLittle Rock, AR homes for sale<\/a>
\nLittle Rock, AR apartments for rent<\/a><\/p>\n

A charming city with a rich history and a thriving arts scene, <\/span>Little Rock, AR, is fourth on our list of affordable places to live in the South. Little Rock has iconic attractions such as the William J. Clinton Presidential Library, Old State House Museum, and the River Market District. You can also check out Pinnacle Mountain State Park, Julius Breckling Riverfront Park, and the Arkansas River Trail.<\/p>\n

\"louisville<\/h2>\n

5. Louisville, KY<\/h2>\n

Median home price: <\/b> $232,500
\n Average sale price per square foot:<\/b> $143
\n Average rent for a 1-bedroom apartment:<\/b> $1,108
\nLouisville, KY homes for sale<\/a>
\nLouisville, KY apartments for rent<\/a><\/p>\n

Home to 633,0oo residents, Louisville, KY, has a median home sale price of $232,500, making it another great area. Louisville is known for its annual Kentucky Derby horse race held at the famous Churchill Downs racetrack. The city also offers a variety of attractions, including the Louisville Slugger Museum, the Muhammad Ali Center, Louisville Waterfront Park, and Cherokee Park.<\/p>\n

6. Winston-Salem, NC<\/h2>\n

Median home price: <\/b> $250,000
\n Average sale price per square foot: <\/b> $158
\n Average rent for a 1-bedroom apartment: <\/b> $1,035
\n Median household income: <\/b> $54,416
\nWinston-Salem, NC homes for sale<\/a>
\nWinston-Salem, NC apartments for rent<\/a><\/p>\n

Known\u00a0for its vibrant arts scene and historic architecture,\u00a0<\/span>Winston-Salem is a charming city located in the heart of North Carolina. Winston-Salem is home to attractions such as Old Salem Museums & Gardens and the Reynolda House Museum of American Art. You can also take in the beautiful scenery at Tanglewood Park, the Quarry at Grant Park, and Salem Lake.<\/p>\n

7. Greensboro, NC<\/h2>\n

Median home price:<\/b> $271,500
\n Average sale price per square foot:<\/b> $163
\n Average rent for a 1-bedroom apartment:<\/b> $1,016
\n Median household income: <\/b> $55,051
\nGreensboro, NC homes for sale<\/a>
\nGreensboro, NC apartments for rent<\/a><\/p>\n

Another affordable North Carolina city is Greensboro, with a median sale price of $271,500. Home to 285,300 people, Greensboro has a rich history and a variety of attractions. You can explore the International Civil Rights Center & Museum and the Greensboro Science Center, spend time outside at the Bog Garden and the Greensboro Arboretum, and stroll through Greensboro’s downtown, where you can find museums, local restaurants, and venues.<\/p>\n

8. Lexington, KY<\/h2>\n

Median home price: <\/b> $284,500
\n Average sale price per square foot: <\/b> $171
\n Average rent for a 1-bedroom apartment: <\/b> $1,279
\nLexington, KY homes for sale<\/a>
\nLexington, KY apartments for rent<\/a><\/p>\n

Eighth on our list of places to live in the South is Lexington, KY. Known for its equestrian heritage, Lexington is home to the Kentucky Horse Park and the Keeneland Race Course. The city also has historic attractions, like the Mary Todd Lincoln House and the Lexington History Museum. You can enjoy outdoor activities at the Raven Run Nature Sanctuary and McConnell Springs Park.<\/p>\n

\"street<\/h2>\n

9. New Orleans, LA<\/h2>\n

Median home price: <\/b> $295,000
\n Average sale price per square foot:<\/b> $193
\n Average rent for a 1-bedroom apartment: <\/b> $1,560
\n Median household income: <\/b> $51,116
\nNew Orleans, LA homes for sale<\/a>
\nNew Orleans, LA apartments for rent<\/a><\/p>\n

The “Big Easy” New Orleans is an iconic Southern city with its vibrant music scene, historic architecture, and diverse culture. New Orleans is home to attractions such as the French Quarter, Lafayette Square, Bourbon Street, Jackson Square, and the National WWII Museum. Make sure to spend time outdoors at New Orleans City Park, Bayou Sauvage Urban National Wildlife Refuge, and Audubon Riverview Park.<\/p>\n

10. Norfolk<\/h2>\n

Median home price: <\/b> $300,000
\n Average sale price per square foot: <\/b> $190
\n Average rent for a 1-bedroom apartment: <\/b> $1,350
\n Median household income: <\/b> $60,998
\nNorfolk, VA homes for sale<\/a>
\nNorfolk, VA apartments for rent<\/a><\/p>\n

The last city on our list of affordable places to live in the South is Norfolk, VA. This waterfront city has a prominent maritime history and plenty of attractions. In Norfolk, make sure to explore the Norfolk Botanical Garden, see the exhibits at the Chrysler Museum of Art, and stop by the USS Wisconsin battleship. You can also visit the Norfolk Zoo and stroll along the Elizabeth River Trail.<\/p>\n

Methodology: <\/b>All cities must have over 200,000 residents per the US Census and have a median home sale price at or below $300,000. Median home sale price and median sale price per square foot from the Redfin Data Center<\/a>\u00a0during February 2024. Average rental data from\u00a0Rent.com<\/a>\u00a0February 2024. Population and median household income data sourced from the\u00a0United States Census Bureau<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Find out the most affordable places to live in the South. Whether you’re living in or moving to the South, consider buying a home in one of these affordable cities.<\/p>\n","protected":false},"author":537,"featured_media":89455,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[2656],"tags":[34480,34576,34452],"coauthors":[33440],"class_list":["post-91861","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-local-insights","tag-ky","tag-la","tag-nc"],"acf":[],"yoast_head":"\n10 Affordable Places to Live in the South in 2024 | Redfin<\/title>\n<meta name=\"description\" content=\"See the 10 most affordable places to live in the south. 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