The cheapest U.S. states to buy a house, ranked by median home value from lowest to highest. Includes income-to-home affordability ratios and median rent.
| # | State | Avg BTI | Med. Home Value | Med. Income | Afford. Ratio |
|---|---|---|---|---|---|
| 01 | West Virginia (11) | 57 | $146,900 | $56,184 | 0.37 |
| 02 | Ohio (49) | 73 | $164,900 | $63,130 | 0.38 |
| 03 | Alabama (27) | 49 | $165,600 | $58,119 | 0.35 |
| 04 | Arkansas (13) | 65 | $169,600 | $56,702 | 0.34 |
| 05 | Illinois (28) | 85 | $172,900 | $71,653 | 0.42 |
| 06 | Mississippi (15) | 62 | $172,900 | $55,211 | 0.34 |
| 07 | Michigan (36) | 81 | $181,100 | $65,531 | 0.36 |
| 08 | Kansas (10) | 72 | $181,700 | $65,372 | 0.37 |
| 09 | New Mexico (11) | 51 | $184,400 | $56,246 | 0.30 |
| 10 | Texas (68) | 32 | $186,200 | $66,713 | 0.36 |
| 11 | Oklahoma (14) | 66 | $190,500 | $64,165 | 0.39 |
| 12 | New York (45) | 74 | $192,800 | $70,443 | 0.37 |
| 13 | Louisiana (21) | 37 | $193,300 | $61,381 | 0.31 |
| 14 | Indiana (28) | 67 | $195,100 | $66,854 | 0.37 |
| 15 | South Carolina (24) | 42 | $196,600 | $61,343 | 0.32 |
| 16 | North Carolina (51) | 37 | $196,800 | $60,941 | 0.32 |
| 17 | Maine (9) | 49 | $198,300 | $62,118 | 0.31 |
| 18 | Pennsylvania (44) | 56 | $200,200 | $67,194 | 0.36 |
| 19 | Missouri (22) | 65 | $201,700 | $66,564 | 0.35 |
| 20 | Kentucky (19) | 50 | $207,700 | $64,136 | 0.34 |
| 21 | Iowa (11) | 58 | $210,300 | $72,977 | 0.36 |
| 22 | Tennessee (33) | 35 | $211,100 | $60,633 | 0.28 |
| 23 | Georgia (41) | 27 | $221,800 | $68,999 | 0.32 |
| 24 | Wisconsin (29) | 89 | $226,400 | $72,658 | 0.33 |
| 25 | Nebraska (5) | 59 | $227,400 | $70,387 | 0.33 |
| 26 | Arizona (11) | 25 | $233,700 | $58,421 | 0.25 |
| 27 | South Dakota (3) | 41 | $247,800 | $73,110 | 0.30 |
| 28 | Vermont (5) | 37 | $263,200 | $73,633 | 0.28 |
| 29 | North Dakota (4) | 81 | $270,300 | $78,143 | 0.28 |
| 30 | Florida (41) | 10 | $284,300 | $67,543 | 0.24 |
| 31 | Wyoming (2) | 75 | $295,800 | $76,282 | 0.28 |
| 32 | Alaska (4) | 72 | $296,900 | $86,435 | 0.29 |
| 33 | Minnesota (18) | 54 | $299,800 | $92,595 | 0.30 |
| 34 | New Hampshire (8) | 59 | $300,200 | $83,212 | 0.28 |
| 35 | Idaho (7) | 58 | $306,200 | $68,473 | 0.22 |
| 36 | Virginia (37) | 47 | $308,300 | $82,424 | 0.27 |
| 37 | Delaware (3) | 35 | $312,000 | $75,406 | 0.25 |
| 38 | Utah (9) | 59 | $351,700 | $82,291 | 0.21 |
| 39 | Washington (21) | 39 | $353,600 | $77,581 | 0.21 |
| 40 | Oregon (18) | 26 | $365,100 | $70,926 | 0.20 |
| 41 | Nevada (6) | 50 | $368,800 | $70,026 | 0.22 |
| 42 | New Jersey (21) | 67 | $372,300 | $92,697 | 0.27 |
| 43 | Maryland (18) | 31 | $380,500 | $108,332 | 0.29 |
| 44 | Montana (6) | 46 | $382,400 | $71,967 | 0.22 |
| 45 | Rhode Island (5) | 71 | $436,000 | $96,319 | 0.23 |
| 46 | Massachusetts (12) | 55 | $475,500 | $88,524 | 0.22 |
| 47 | Colorado (15) | 17 | $488,300 | $87,199 | 0.19 |
| 48 | California (43) | 31 | $549,100 | $84,010 | 0.17 |
| 49 | District of Columbia (1) | 1 | $705,000 | $101,722 | 0.14 |
| 50 | Hawaii (4) | 17 | $800,100 | $95,379 | 0.12 |