{"id":95818,"date":"2025-03-12T10:35:27","date_gmt":"2025-03-12T17:35:27","guid":{"rendered":"https:\/\/www.redfin.com\/blog\/?p=95818"},"modified":"2026-02-18T09:32:51","modified_gmt":"2026-02-18T17:32:51","slug":"cheapest-states-to-buy-a-house","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/blog\/cheapest-states-to-buy-a-house\/","title":{"rendered":"The 10 Cheapest States to Buy a House in the U.S., Ranked"},"content":{"rendered":"

Housing affordability remains a <\/span>major challenge<\/span><\/a> for homebuyers. Home prices have risen for nearly two years, mortgage rates are hovering around 7%, and housing supply is just inching upwards. All of this follows a very difficult 2024, which saw the <\/span>fewest home sales<\/span><\/a> in nearly 30 years.\u00a0<\/span><\/p>\n

As a result, many buyers, especially those from expensive <\/span>coastal markets<\/span><\/a>, are searching for more affordable places to live. During the pandemic, <\/span>many people<\/span><\/a> chose the Sun Belt, primarily cities in Florida, Arizona, and Texas. However, as migration patterns <\/span>shift<\/span><\/a> and the housing boom <\/span>fades<\/span>, people have begun looking elsewhere for homes they can afford \u2013 notably <\/span>in the Rust Belt<\/span><\/a>.<\/span><\/p>\n

But where are homes the most affordable? What are the cheapest states to buy a house? If you\u2019re in the market for a house and looking for an affordable place to live, this is the article for you.<\/span><\/p>\n

U.S. market at a glance<\/span><\/h2>\n\n\n\n
Median sale price:\u00a0<\/span><\/p>\n

$428,000<\/b><\/td>\n

Median household income:<\/span><\/p>\n

$75,538<\/b><\/td>\n

Median monthly housing payment: <\/span><\/p>\n

$1,902<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

The 10 cheapest states to buy a house\u00a0<\/b><\/h2>\n

\"waterloo<\/p>\n

1. Iowa<\/span><\/h2>\n