What state has the cheapest homes?

The cheapest states to buy a house consistently include West Virginia, Mississippi, Arkansas, Oklahoma, and Iowa, offering median home prices well below the national average, with states like West Virginia and Mississippi often topping lists for affordability due to low median sale prices and overall lower cost of living.


What state has the lowest housing cost?

West Virginia and Mississippi consistently rank as having the lowest housing costs in the U.S., with West Virginia often leading in cheapest median home prices (around $146k-$170k) and Mississippi having the lowest overall housing affordability index and mortgage costs, despite higher insurance. Other very affordable states with low housing prices include Arkansas, Oklahoma, Kentucky, and Alabama, clustering in the South and Midwest due to lower land costs and property taxes. 

What is a $1 dollar house in the US?

The One-Dollar Homeownership Program is an unprecedented partnership between NACA and cities and towns across the nation to create affordable homeownership for low to moderate income homebuyers in underserved communities. Community residents can purchase a vacant house or lot from the city for only one dollar.


What state is the easiest to get housing?

West Virginia ranks highest with a Homeownership Opportunity Score of 90.3, making it the easiest state for renters to move into homeownership, while Montana scores lowest at 40.9. Hover over any state to see its score.

What is the cheapest but safest state to live in?

For the best combination of cheap and safe, consider states like Iowa, Kansas, Mississippi, West Virginia, and Arkansas, which consistently rank high in affordability (low housing, groceries, overall cost of living) while also offering manageable safety, with Vermont and New Hampshire often topping pure safety lists, though they are pricier. The ideal balance depends on whether you prioritize the lowest cost (Mississippi) or strong safety (Vermont), with Midwestern/Southern states generally offering lower expenses and Northern/New England states often leading in safety metrics. 


Top 10 Most AFFORDABLE States to Buy a House (under $200k)



What is the easiest state to live in financially?

The easiest states to live in financially generally have low costs of living, especially for housing, and often feature low taxes, with Tennessee, Missouri, Texas, Oklahoma, and Mississippi frequently topping lists for affordability and savings potential, driven by cheaper groceries, transport, and lower median home values compared to national averages. Southern and Midwestern states tend to offer more financial ease, while high-cost areas like Hawaii, California, and the Northeast are typically the hardest. 

Where can I live that is warm and cheap?

Best affordable warm states with soaring home prices
  • Texas. Texas is ideal for millennials and Gen Z buyers who want affordable housing, strong job opportunities, and a good quality of life without the sky-high prices of coastal cities. ...
  • Florida. ...
  • Arizona. ...
  • Georgia. ...
  • South Carolina.


What is the best state to move to if you are poor?

  • New Hampshire. #1 in Low Poverty Rate. #2 in Best States Overall. ...
  • Utah. #2 in Low Poverty Rate. #1 in Best States Overall. ...
  • Minnesota. #3 in Low Poverty Rate. ...
  • Colorado. #4 in Low Poverty Rate. ...
  • Maryland. #5 in Low Poverty Rate. ...
  • Vermont. #6 in Low Poverty Rate. ...
  • New Jersey. #7 in Low Poverty Rate. ...
  • North Dakota. #8 in Low Poverty Rate.


Where do I go if I have nowhere to stay?

Find shelters and temporary housing near you
  • Check HUD's local homeless assistance list for shelters and housing in your state.
  • Ask a homeless continuing care program provider for help. ...
  • Contact your local public housing agency (PHA) for help moving from homelessness to more permanent housing.


What salary do you need for a $400000 mortgage?

To comfortably afford a 400k mortgage, you'll likely need an annual income between $100,000 to $125,000, depending on your specific financial situation and the terms of your mortgage.

Can you buy a house with 100 dollars?

Available exclusively for the purchase of HUD homes, this specialty FHA program allows for a down payment of just $100. In the standard FHA loan the minimum down payment for a purchase is 3.5 percent.


Who is eligible for a NACA loan?

Low-to moderate-income Members (i.e., borrowers and co-borrowers) whose combined income is equal to or less than the median family income for the MSA where they are purchasing a home.

What is the cheapest form of housing?

13 Cheap Housing Alternatives
  • Renting a Guest House. ...
  • Living in a Mobile Home. ...
  • Moving into a Tiny Home. ...
  • Living in a Shipping Container Home. ...
  • Living as a Live-In Caretaker. ...
  • Being an On-Site Property Manager. ...
  • Renting Out a Room in Your Home. ...
  • Move in with Friends or Family.


Which state is rent the cheapest?

West Virginia consistently ranks as the state with the cheapest rent in the U.S., followed closely by states like Mississippi, Arkansas, South Dakota, and Kentucky, with Oklahoma also often appearing on the most affordable lists, though prices can vary by data source and specific city. These states offer significantly lower average rental costs, sometimes with median prices below $900 for various apartment sizes. 


What is the #1 best state to live in?

There's no single "best" state, as it depends on priorities, but recent studies from WalletHub (Aug 2025) and U.S. News (May 2025) frequently place Massachusetts, Idaho, New Jersey, and Utah at the top for overall quality of life, balancing strong economies, good education, healthcare, and low crime. Massachusetts excels in education/healthcare, while Idaho and Utah are praised for economic growth and stability, and New Hampshire for safety. 

Where am I supposed to live if I can't afford rent?

Explore Government Assistance Programs

Local state and federal programs funded by the U.S. Department of Housing and Urban Development (HUD) provide housing that includes units with rents affordable to low-income tenants and vouchers that help offset rent payments at privately owned housing.

What state is #1 in homelessness?

California has the largest homeless population by sheer numbers, with over 187,000 people in early 2024, followed by New York, but states like Hawaii and New York often rank highest when homelessness is measured as a rate per capita (per 100,000 residents). So, while California has the most, Hawaii and New York can lead in prevalence relative to their total population.
 


Did California give homeless people $750 a month?

$750 a month was given to homeless people in California. What they reported spending it on is more evidence that universal basic income works.

What to do if you're homeless with no money?

Contact an organization in your local community who can help. Local agencies provide a range of services, including food, housing, health, and safety. Contact a national hotline or locate an organization near you. If you are experiencing a life-threatening emergency, please dial 911.

Where can I retire on $1200 a month?

You can retire comfortably on $1,200 a month by moving to affordable countries in {!nav}Southeast Asia (Bali, Vietnam, Thailand, Cambodia), {!nav}Latin America (Colombia, Nicaragua, Ecuador, Peru), or {!nav}Eastern Europe (Albania, Bulgaria, Romania, Portugal), where low rents, cheap food, and inexpensive living costs cover basic needs, while some U.S. cities with low cost of living (like {!nav}Blacksburg, VA, {!nav}Rochester, NY, or parts of {!nav}Mexico) might also work, but generally require very frugal living or finding subsidized housing. 


What state helps the poor the most?

Vermont ranks as the most generous state with the average low-income person receiving about $26,000 in benefits. This is due largely to the fact that, using my measure, Vermont has the most generous Medicaid program and Medicaid accounts for about half of all of the programs I consider.

What is the #1 happiest state in the US?

Hawaii consistently ranks as the happiest and least stressed state in the United States, characterized by high levels of emotional and physical well-being among its residents.

Where is the cheapest but nicest place to live in the US?

The cheapest, best places to live in the U.S. often involve the Midwest and South, with cities like Wichita (KS), Fort Wayne (IN), Dayton (OH), and Knoxville (TN) offering low housing costs and good value, while states like West Virginia, Mississippi, and Oklahoma consistently rank as most affordable overall. Key factors are low housing prices and a cost of living significantly below the national average, with some top contenders being Decatur (IL), Enid (OK), and Brownsville (TX), but "best" depends on balancing budget with lifestyle needs like jobs, culture, and amenities. 


What city in the US is 70 degrees year-round?

What city is 70 degrees year-round in the U.S.? San Diego consistently hovers around 70 degrees year-round, making it one of the most comfortable places to live in the U.S.

Where can you live on $1200 a month?

5 Best Countries Where You Can Live on $1,200 a Month
  • Albania. If Mediterranean living without the high price tag is what you're seeking, check out Albania. ...
  • Cambodia. Cambodia, located in Southeast Asia, is another country where expats can live on a limited budget. ...
  • Peru. ...
  • Colombia. ...
  • Vietnam.