Here are the 14 most affordable housing markets in the US

Cleveland ohioShutterstockCleveland, Ohio

Houses cost a lot of money. Finding more bang for your buck can be a challenge of being in the market for a home.

RealtyTrac, which analyses US property data, identified the most affordable places to live in the US.

Surveying 582 counties across the country, the firm compiled home price and wage data. They developed a ranking of affordability by dividing the region’s average mortgage payment by average weekly wages.

From RealtyTrac’s findings, we compiled the list of the 14 most affordable counties in the US that are part of a metropolitan statistical area.

For the most part the counties were in the Midwest and South. Missouri, South Carolina, Michigan, and Ohio all placed multiple counties in the list.

Check out the full list below with the metro area, affordability score, average house price, and average weekly wages. The list is from less affordable to the most.

14. Philadelphia, PA

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Metro Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Affordability Percentage: 14.9%

Average Home Price: $US120,956

Average Weekly Wage: $US1,214

Source: RealtyTrac

13. Trumbull, OH

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The Clarence Darrow house in Kinsman, OH, part of Trumbull County.

Metro Area: Youngstown-Warren-Boardman, OH-PA

Affordability Percentage: 14.5%

Average Home Price: $US68,133

Average Weekly Wage: $US785

Source: RealtyTrac

12. Bay, MI

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The Center Avenue neighbourhood in Bay City, MI, part of Bay County.

Metro Area: Bay City, MI

Affordability Percentage: 14.5%

Average Home Price: $US55,016

Average Weekly Wage: $US694

Source: RealtyTrac

11. Greene, MO

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Park Central Square in downtown Springfield, Missouri.

Metro Area: Springfield, MO

Affordability Percentage:
14.5%

Average Home Price: $US54,530

Average Weekly Wage: $US737

Source: RealtyTrac

10. Baltimore City, MD

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The Inner Harbour in Baltimore, MD.

Metro Area: Baltimore-Towson, MD

Affordability Percentage: 14.4%

Average Home Price: $US119,884

Average Weekly Wage: $US1,240

Source: RealtyTrac

9. Cuyahoga, OH

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Cleveland, OH

Metro Area: Cleveland-Elyria-Mentor, OH

Affordability Percentage: 13.7%

Average Home Price: $US65,290

Average Weekly Wage: $US892

Source: RealtyTrac

8. Roane, TN

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A view of downtown in Rockwood, part of of Roane, TN.

Metro Area: Harriman, TN

Affordability Percentage: 12.1%

Average Home Price: $US73,175

Average Weekly Wage: $US981

Source: RealtyTrac

7. Clayton, GA

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An aerial view of Clayton, GA.

Metro Area: Atlanta-Sandy Springs-Marietta, GA

Affordability Percentage: 11.3%

Average Home Price: $US43,481

Average Weekly Wage: $US981

Source: RealtyTrac

5. Wayne, MI

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Downtown streets in Wayne, Michigan.

Metro Area: Detroit-Warren-Livonia, MI

Affordability Percentage: 10.6%

Average Home Price: $US27,356

Average Weekly Wage: $US927

Source: RealtyTrac

4. Fairfield, SC

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The Fonti Florab Plantation in Fairfield County, South Carolina.

Metro Area: Columbia, SC

Affordability Percentage:
10.3%

Average Home Price: $US49,917

Average Weekly Wage: $US874

Source: RealtyTrac

3. Lake, IN

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A street in downtown Lowell, IN.

Metro Area: Chicago-Naperville-Joliet, IL-IN-WI

Affordability Percentage: 9.5%

Average Home Price: $US43,007

Average Weekly Wage: $US869

Source: RealtyTrac

2. St. Louis City, MO

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Metro Area: St. Louis, MO-IL

Affordability Percentage: 9.4%

Average Home Price: $US33,894

Average Weekly Wage: $US1,032

Source: RealtyTrac

1. St. Louis County, MO

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The GW Tolhurst house in Kirkwood, MO, part of St. Louis County.

Metro Area: St. Louis, MO-IL

Affordability Percentage: 8.3%

Average Home Price: $US61,408

Average Weekly Wage: $US1,099

Source: RealtyTrac

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