Based on analysis from Zillow and AmeriSave , these locations offer the highest share of affordable listings: Top Affordable Cities Typical Home Value Top Affordable States Median Home Price West Virginia Detroit, MI Arkansas (Prices Dropping) St. Louis, MO Mississippi (Lowest Payments) Buffalo, NY Alabama (Lowest Taxes) Strategic Buying Programs
: Spend no more than 30% of your gross income on housing, have 30% of the home's value in savings, and limit the total home price to 3x your annual income. where to buy cheap homes
: For those with limited savings, the FHA $100 Down program can be combined with repair loans to finance both the purchase and necessary renovations of HUD-owned properties. Based on analysis from Zillow and AmeriSave ,