Where Are the Cheapest Homes in America?

The Cheapest Homes in America
Is the best option for housing to own a home or rent one? That depends on where you live. In almost any large city, because of the downturn in the housing market and the unemployment situations, cheaper housing is now available. If you prefer smaller towns, there are cities and towns within almost any state with homes for sale around $50,000 or less. Sometimes you have to give up conveniences to live in these towns, but it may be worth it. Many factors go into choosing a home, and price, along with size and location, is one of the biggest factors.
Detroit, Michigan
Detroit is one place where owning a home versus renting is actually easier on the wallet for a family. Hard hit with high unemployment rates, the city has many foreclosures.
Hot Springs, Arkansas
This town depends on tourism and recreation for a good portion of its income. It’s expected that home prices in the area would be higher; however, that is not the case at all. Some houses are less than $30,000 for a two bedroom. The area is beautiful, surrounded by the Ouachita Mountains.
Altoona, Pennsylvania
There are many houses for under $30,000 in the town of Altoona. This town boasts around 35,000 inhabitants. It offers the things most have come to enjoy, such as restaurants, parks, and golf.
Pueblo, Colorado
Pueblo boasts of a little over 100,000 in population and offers attractive housing. Some homes are offered for under $50,000 and even as low as $30,000, although those might be considered fixer-uppers.
Tampa, Florida
The listings of houses for $30,000 or less is a long one for this city of a little over 340,000. On the Gulf of Mexico and being close to the ocean is a plus for living in this community.
If the Southwest is more to your liking, you might consider Tucson, Arizona. Smaller houses are listed for under $20,000 and these are not foreclosures. Tucson's population is around 548,000. The weather, mountain views and beautiful sunsets attract people from all over the United States.
If you are retiring and need a cheaper place to live, you may want to look at some of the cities listed. Alternatively, you can do an internet search for the city you prefer and find out for yourself if there are any cheaper homes available for where you wish to live.

This guest post was written by Jim Savage, who also contributes content to this site about the cheapest homes in America. His latest article on that site is about the least expensive houses in Michigan.