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) | 55 | $166,200 | $60,943 | 0.36 |
| 02 | Ohio (49) | 62 | $186,800 | $67,934 | 0.35 |
| 03 | Illinois (28) | 68 | $189,200 | $75,357 | 0.40 |
| 04 | Arkansas (13) | 58 | $194,300 | $62,873 | 0.33 |
| 05 | Alabama (27) | 59 | $199,100 | $62,656 | 0.33 |
| 06 | Mississippi (15) | 56 | $199,500 | $59,479 | 0.32 |
| 07 | New Mexico (11) | 62 | $212,600 | $58,933 | 0.29 |
| 08 | Louisiana (21) | 40 | $212,900 | $63,071 | 0.31 |
| 09 | Michigan (36) | 69 | $216,500 | $70,518 | 0.33 |
| 10 | Kansas (10) | 76 | $217,600 | $69,365 | 0.36 |
| 11 | New York (45) | 76 | $222,900 | $74,506 | 0.35 |
| 12 | Oklahoma (15) | 63 | $222,900 | $66,679 | 0.35 |
| 13 | Pennsylvania (44) | 60 | $227,600 | $71,089 | 0.33 |
| 14 | Missouri (22) | 67 | $230,500 | $72,758 | 0.32 |
| 15 | Indiana (28) | 66 | $230,600 | $71,493 | 0.34 |
| 16 | South Carolina (24) | 44 | $234,500 | $66,880 | 0.28 |
| 17 | Iowa (11) | 56 | $237,300 | $77,630 | 0.35 |
| 18 | Maine (9) | 39 | $238,200 | $67,873 | 0.28 |
| 19 | Texas (72) | 27 | $239,600 | $71,536 | 0.31 |
| 20 | North Carolina (51) | 47 | $242,400 | $65,873 | 0.27 |
| 21 | Kentucky (19) | 40 | $244,400 | $68,214 | 0.31 |
| 22 | Wisconsin (29) | 62 | $257,900 | $77,884 | 0.31 |
| 23 | Tennessee (33) | 38 | $261,900 | $66,552 | 0.25 |
| 24 | Nebraska (5) | 55 | $266,100 | $75,911 | 0.31 |
| 25 | Arizona (11) | 51 | $281,000 | $62,876 | 0.23 |
| 26 | Georgia (41) | 43 | $289,000 | $77,179 | 0.27 |
| 27 | North Dakota (4) | 54 | $298,000 | $78,238 | 0.27 |
| 28 | South Dakota (3) | 61 | $302,200 | $76,880 | 0.27 |
| 29 | Vermont (5) | 34 | $306,700 | $81,313 | 0.27 |
| 30 | Minnesota (18) | 53 | $346,500 | $97,653 | 0.28 |
| 31 | Alaska (4) | 74 | $346,600 | $94,031 | 0.27 |
| 32 | Wyoming (2) | 70 | $348,700 | $80,173 | 0.26 |
| 33 | Florida (41) | 36 | $351,200 | $73,533 | 0.22 |
| 34 | Delaware (3) | 39 | $352,200 | $81,497 | 0.23 |
| 35 | Virginia (37) | 47 | $353,000 | $88,783 | 0.25 |
| 36 | New Hampshire (8) | 58 | $374,900 | $92,783 | 0.25 |
| 37 | Idaho (8) | 69 | $414,800 | $76,488 | 0.20 |
| 38 | Washington (21) | 28 | $421,800 | $83,270 | 0.19 |
| 39 | Maryland (18) | 31 | $426,000 | $112,826 | 0.27 |
| 40 | Oregon (18) | 29 | $430,200 | $77,351 | 0.18 |
| 41 | Nevada (6) | 57 | $431,000 | $80,812 | 0.21 |
| 42 | New Jersey (21) | 53 | $434,600 | $100,869 | 0.25 |
| 43 | Utah (9) | 57 | $444,400 | $90,005 | 0.19 |
| 44 | Montana (6) | 48 | $472,100 | $76,570 | 0.20 |
| 45 | Rhode Island (5) | 67 | $510,800 | $103,514 | 0.21 |
| 46 | Massachusetts (12) | 47 | $556,000 | $95,631 | 0.20 |
| 47 | Colorado (14) | 30 | $569,100 | $94,718 | 0.18 |
| 48 | California (43) | 30 | $617,700 | $92,175 | 0.16 |
| 49 | District of Columbia (1) | 2 | $737,100 | $109,870 | 0.15 |
| 50 | Hawaii (4) | 65 | $897,500 | $97,668 | 0.12 |