State Trackers
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Economy
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Introduction
When it comes to affordability in housing, some states stand out as the cheapest options. West Virginia is the cheapest state to buy a house with an average home value of $126,115, making it an attractive choice for budget-conscious buyers. Mississippi is the second cheapest state to buy a house with an average home value of $146,876, offering another affordable option. It is worth noting that several states in the Midwest and the South generally have lower home values compared to coastal and northeastern states. States like Oklahoma, Arkansas, and Kentucky also offer relatively inexpensive housing options, with average home values ranging from $157,696 to $176,324. These states often boast lower costs of living and more affordable real estate markets.
Cheapest Houses in USA
| # | State | Average Home Value | Lowest Home Value | Median Rent Price | Cost of Living Index |
|---|---|---|---|---|---|
| 1 | Hawaii | $740,097 | $417,767 | $1,651 | 184 |
| 2 | California | $675,063 | $411,963 | $1,586 | 137.6 |
| 3 | District of Columbia | $666,990 | $406,475 | $1,607 | 152.2 |
| 4 | Washington | $518,215 | $347,311 | $1,337 | 114.2 |
| 5 | Massachusetts | $514,230 | $333,378 | $1,336 | 149.7 |
| 6 | Colorado | $490,123 | $332,062 | $1,335 | 104.6 |
| 7 | Utah | $471,970 | $347,016 | $1,090 | 102.8 |
| 8 | Oregon | $453,856 | $321,006 | $1,173 | 121.2 |
| 9 | Idaho | $428,378 | $294,707 | $887 | 99.6 |
| 10 | New Jersey | $406,423 | $252,282 | $1,368 | 112.4 |
| 11 | Rhode Island | $373,094 | $281,162 | $1,031 | 112.9 |
| 12 | Nevada | $369,138 | $265,439 | $1,159 | 103.2 |
| 13 | Montana | $368,496 | $224,354 | $836 | 104.8 |
| 14 | Maryland | $366,162 | $224,163 | $1,415 | 124 |
| 15 | New Hampshire | $364,831 | $240,881 | $1,145 | 116.1 |
| 16 | New York | $359,173 | $164,003 | $1,315 | 134.5 |
| 17 | Arizona | $357,967 | $248,835 | $1,097 | 105.8 |
| 18 | Virginia | $338,714 | $197,895 | $1,257 | 102.8 |
| 19 | Connecticut | $316,225 | $207,917 | $1,201 | 116.8 |
| 20 | Maine | $314,191 | $186,679 | $873 | 115.3 |
| 21 | Delaware | $309,966 | $205,944 | $1,150 | 105.6 |
| 22 | Vermont | $304,539 | $194,678 | $999 | 115.9 |
| 23 | Alaska | $302,960 | $187,476 | $1,240 | 126.6 |
| 24 | Minnesota | $301,470 | $193,236 | $1,010 | 97.5 |
| 25 | Florida | $298,669 | $187,120 | $1,218 | 102.8 |
| 26 | Wyoming | $291,215 | $190,733 | $853 | 92.5 |
| 27 | South Dakota | $262,373 | $170,999 | $761 | 94.5 |
| 28 | North Carolina | $258,377 | $146,271 | $932 | 95.7 |
| 29 | North Dakota | $255,566 | $169,867 | $828 | 97.1 |
| 30 | Texas | $255,023 | $151,418 | $1,082 | 92.5 |
| 31 | Georgia | $252,762 | $146,226 | $1,042 | 88.6 |
| 32 | New Mexico | $250,102 | $162,681 | $857 | 94 |
| 33 | Tennessee | $239,612 | $126,053 | $897 | 90.2 |
| 34 | Pennsylvania | $237,674 | $136,144 | $958 | 98.2 |
| 35 | Wisconsin | $236,227 | $147,811 | $872 | 95.5 |
| 36 | Illinois | $233,443 | $128,041 | $1,038 | 92.6 |
| 37 | South Carolina | $231,270 | $131,555 | $918 | 94.3 |
| 38 | Nebraska | $220,718 | $130,894 | $857 | 91.9 |
| 39 | Michigan | $207,493 | $109,207 | $892 | 92.2 |
| 40 | Missouri | $202,083 | $114,580 | $843 | 89.1 |
| 41 | Indiana | $192,337 | $111,984 | $844 | 89.9 |
| 42 | Louisiana | $190,229 | $104,542 | $876 | 93.6 |
| 43 | Kansas | $189,032 | $93,675 | $863 | 87.5 |
| 44 | Ohio | $187,162 | $105,633 | $825 | 91.9 |
| 45 | Alabama | $179,358 | $85,984 | $811 | 88.1 |
| 46 | Iowa | $177,976 | $97,848 | $806 | 89.2 |
| 47 | Kentucky | $176,324 | $92,450 | $783 | 94.9 |
| 48 | Arkansas | $157,696 | $76,758 | $760 | 90.6 |
| 49 | Oklahoma | $157,233 | $77,737 | $818 | 85.8 |
| 50 | Mississippi | $146,876 | $78,781 | $789 | 85 |
| 51 | West Virginia | $126,115 | $62,107 | $732 | 90 |
States With Cheapest Houses
The ten cheapest states to buy a house are West Virginia, Mississippi, Oklahoma, Arkansas, Kentucky, Iowa, Alabama, Ohio, Kansas, and Louisiana. West Virginia is the cheapest state to buy a house with an average home value of $126,115. Mississippi is the second cheapest state to buy a house with an average home value of $146,876. Oklahoma is the third cheapest state to buy a house with an average home value of $157,233, while Arkansas is not far off at $157,696. Kentucky’s average home value is $176,324, making it the fifth cheapest state to buy a house.
Iowa has an average home value of $177,976, making it the sixth cheapest state to buy a house. Alabama also offers affordable prices, with an average home value of $179,358. Ohio’s average home value is $187,162, making it the eighth cheapest state to buy a house. Kansas follows closely behind with an average home value of $189,032, and Louisiana wraps up the list with an average home value of $190,229, offering affordable housing choices.
The ten cheapest states to buy a house are:
1. West Virginia – $126,115
2. Mississippi – $146,876
3. Oklahoma – $157,233
4. Arkansas – $157,696
5. Kentucky – $176,324
6. Iowa – $177,976
7. Alabama – $179,358
8. Ohio – $187,162
9. Kansas – $189,032
10. Louisiana – $190,229
Cheapest State to Buy a House
West Virginia is the cheapest state to buy a house, with an average home value of $126,115. There are several factors that contribute to its affordability. Firstly, West Virginia has a lower cost of living than many other states, extending to its real estate market. The state’s housing prices are generally more affordable due to a combination of factors such as lower demand, less competition, and a more modest construction cost. Additionally, West Virginia’s rural areas offer a range of affordable housing options, with smaller towns and communities providing more budget-friendly choices.
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Cheapest States to Buy a House
Alabama
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Average Home Value
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$179,358
Ranked in the US
#45
Lowest Home Value
help
$85,984
Ranked in the US
#5
Median Rent Price
help
$811
Ranked in the US
#45
Cost of Living Index
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88.1
Ranked in the US
#48
Alabama is the seventh cheapest state to buy a house, with an average home value of $179,358. The state's affordability is influenced by a combination of factors, including a lower cost of living, a more modest cost of construction, and a real estate market that offers a variety of affordable housing options.
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Alaska
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Average Home Value
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$302,960
Ranked in the US
#23
Lowest Home Value
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$187,476
Ranked in the US
#29
Median Rent Price
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$1,240
Ranked in the US
#11
Cost of Living Index
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126.6
Ranked in the US
#6
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Arizona
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Average Home Value
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$357,967
Ranked in the US
#17
Lowest Home Value
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$248,835
Ranked in the US
#39
Median Rent Price
help
$1,097
Ranked in the US
#18
Cost of Living Index
help
105.8
Ranked in the US
#16
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Arkansas
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Average Home Value
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$157,696
Ranked in the US
#48
Lowest Home Value
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$76,758
Ranked in the US
#2
Median Rent Price
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$760
Ranked in the US
#50
Cost of Living Index
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90.6
Ranked in the US
#41
Arkansas follows closely behind as the fourth cheapest state to buy a house, with an average home value of $157,696. The state's affordable housing prices can be attributed to a combination of factors, including a lower cost of living, a more modest cost of construction, and a less competitive real estate market.
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
California
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Average Home Value
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$675,063
Ranked in the US
#2
Lowest Home Value
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$411,963
Ranked in the US
#50
Median Rent Price
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$1,586
Ranked in the US
#3
Cost of Living Index
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137.6
Ranked in the US
#4
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Colorado
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Average Home Value
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$490,123
Ranked in the US
#6
Lowest Home Value
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$332,062
Ranked in the US
#45
Median Rent Price
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$1,335
Ranked in the US
#8
Cost of Living Index
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104.6
Ranked in the US
#19
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Connecticut
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Average Home Value
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$316,225
Ranked in the US
#19
Lowest Home Value
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$207,917
Ranked in the US
#35
Median Rent Price
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$1,201
Ranked in the US
#13
Cost of Living Index
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116.8
Ranked in the US
#9
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Delaware
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Average Home Value
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$309,966
Ranked in the US
#21
Lowest Home Value
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$205,944
Ranked in the US
#34
Median Rent Price
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$1,150
Ranked in the US
#16
Cost of Living Index
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105.6
Ranked in the US
#17
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
District of Columbia
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Average Home Value
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$666,990
Ranked in the US
#3
Lowest Home Value
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$406,475
Ranked in the US
#49
Median Rent Price
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$1,607
Ranked in the US
#2
Cost of Living Index
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152.2
Ranked in the US
#2
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Florida
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Average Home Value
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$298,669
Ranked in the US
#25
Lowest Home Value
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$187,120
Ranked in the US
#28
Median Rent Price
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$1,218
Ranked in the US
#12
Cost of Living Index
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102.8
Ranked in the US
#21
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Georgia
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Average Home Value
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$252,762
Ranked in the US
#31
Lowest Home Value
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$146,226
Ranked in the US
#19
Median Rent Price
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$1,042
Ranked in the US
#21
Cost of Living Index
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88.6
Ranked in the US
#47
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Hawaii
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Average Home Value
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$740,097
Ranked in the US
#1
Lowest Home Value
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$417,767
Ranked in the US
#51
Median Rent Price
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$1,651
Ranked in the US
#1
Cost of Living Index
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184
Ranked in the US
#1
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Idaho
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Average Home Value
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$428,378
Ranked in the US
#9
Lowest Home Value
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$294,707
Ranked in the US
#43
Median Rent Price
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$887
Cost of Living Index
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99.6
Ranked in the US
#24
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Illinois
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Average Home Value
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$233,443
Ranked in the US
#36
Lowest Home Value
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$128,041
Ranked in the US
#15
Median Rent Price
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$1,038
Ranked in the US
#22
Cost of Living Index
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92.6
Ranked in the US
#35
Illinois is the sixteenth cheapest state to buy a house with an average home value of $233,443. Affordable housing options in Illinois are influenced by factors such as a diverse range of housing markets across the state, a relatively lower cost of living compared to some neighboring states, and a mix of urban and suburban areas offering varied housing choices.
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Indiana
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Average Home Value
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$192,337
Ranked in the US
#41
Lowest Home Value
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$111,984
Ranked in the US
#12
Median Rent Price
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$844
Ranked in the US
#39
Cost of Living Index
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89.9
Ranked in the US
#44
Indiana is the eleventh cheapest state to buy a house with an average home value of $192,337. Indiana offers affordable housing due to a combination of factors, including a relatively lower cost of living, a more balanced supply and demand in the real estate market, and affordable construction costs.
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Iowa
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Average Home Value
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$177,976
Ranked in the US
#46
Lowest Home Value
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$97,848
Ranked in the US
#8
Median Rent Price
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$806
Ranked in the US
#46
Cost of Living Index
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89.2
Ranked in the US
#45
Iowa is the sixth cheapest state to buy a house, with an average home value of $177,976. Its affordability can be attributed to factors such as a lower cost of living, a more modest cost of construction, and a real estate market that provides a range of budget-friendly housing choices.
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Kansas
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Average Home Value
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$189,032
Ranked in the US
#43
Lowest Home Value
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$93,675
Ranked in the US
#7
Median Rent Price
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$863
Ranked in the US
#35
Cost of Living Index
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87.5
Ranked in the US
#49
Kansas follows closely behind as the ninth cheapest state to buy a house, with an average home value of $189,032. Its affordability can be attributed to factors such as a lower cost of living, a more modest cost of construction, and a real estate market that offers a range of affordable housing options.
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Kentucky
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Average Home Value
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$176,324
Ranked in the US
#47
Lowest Home Value
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$92,450
Ranked in the US
#6
Median Rent Price
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$783
Ranked in the US
#48
Cost of Living Index
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94.9
Ranked in the US
#30
Kentucky ranks as the fifth cheapest state to buy a house, with an average home value of $176,324. The state's affordability stems from a lower cost of living, making it an appealing option for those seeking more affordable housing options.
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Louisiana
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Average Home Value
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$190,229
Ranked in the US
#42
Lowest Home Value
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$104,542
Ranked in the US
#9
Median Rent Price
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$876
Ranked in the US
#32
Cost of Living Index
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93.6
Ranked in the US
#34
Louisiana is the tenth cheapest state to buy a house, with an average home value of $190,229. The state's affordability is influenced by a combination of factors, including a lower cost of living, a more modest cost of construction, and a real estate market that provides a variety of budget-friendly housing choices.
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Maine
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Average Home Value
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$314,191
Ranked in the US
#20
Lowest Home Value
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$186,679
Ranked in the US
#27
Median Rent Price
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$873
Ranked in the US
#33
Cost of Living Index
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115.3
Ranked in the US
#12
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Maryland
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Average Home Value
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$366,162
Ranked in the US
#14
Lowest Home Value
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$224,163
Ranked in the US
#36
Median Rent Price
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$1,415
Ranked in the US
#4
Cost of Living Index
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124
Ranked in the US
#7
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Massachusetts
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Average Home Value
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$514,230
Ranked in the US
#5
Lowest Home Value
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$333,378
Ranked in the US
#46
Median Rent Price
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$1,336
Ranked in the US
#7
Cost of Living Index
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149.7
Ranked in the US
#3
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Michigan
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Average Home Value
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$207,493
Ranked in the US
#39
Lowest Home Value
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$109,207
Ranked in the US
#11
Median Rent Price
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$892
Ranked in the US
#30
Cost of Living Index
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92.2
Ranked in the US
#38
Michigan is the thirteenth cheapest state to buy a house with an average home value of $207,493. The state's affordable housing can be attributed to factors like a more affordable cost of living, a mix of urban and suburban areas with varied housing options, and a stable real estate market that provides opportunities for budget-conscious buyers.
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Minnesota
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Average Home Value
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$301,470
Ranked in the US
#24
Lowest Home Value
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$193,236
Ranked in the US
#31
Median Rent Price
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$1,010
Ranked in the US
#24
Cost of Living Index
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97.5
Ranked in the US
#26
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Mississippi
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Average Home Value
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$146,876
Ranked in the US
#50
Lowest Home Value
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$78,781
Ranked in the US
#4
Median Rent Price
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$789
Ranked in the US
#47
Cost of Living Index
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85
Ranked in the US
#51
Mississippi is the second cheapest state to buy a house with an average home value of $146,876. The state's affordability can be attributed to its relatively low cost of living, coupled with a real estate market that offers more affordable housing choices.
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Missouri
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Average Home Value
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$202,083
Ranked in the US
#40
$114,580
Ranked in the US
#13
Median Rent Price
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$843
Ranked in the US
#40
Cost of Living Index
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89.1
Ranked in the US
#46
Missouri is the twelfth cheapest state to buy a house with an average home value of $202,083. Missouri's affordable housing market is influenced by factors such as a lower cost of living, a relatively stable real estate market, and a diverse range of housing options that cater to different budget levels.
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Montana
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Average Home Value
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$368,496
Ranked in the US
#13
Lowest Home Value
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$224,354
Ranked in the US
#37
Median Rent Price
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$836
Ranked in the US
#41
Cost of Living Index
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104.8
Ranked in the US
#18
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Nebraska
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Average Home Value
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$220,718
Ranked in the US
#38
Lowest Home Value
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$130,894
Ranked in the US
#16
Median Rent Price
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$857
Ranked in the US
#36
Cost of Living Index
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91.9
Ranked in the US
#39
Nebraska is the fourteenth cheapest state to buy a house with an average home value of $220,718. Nebraska's affordable housing market benefits from factors such as a lower cost of living, a balanced supply and demand in the real estate market, and a variety of housing options that cater to different budgets and preferences.
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Nevada
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Average Home Value
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$369,138
Ranked in the US
#12
Lowest Home Value
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$265,439
Ranked in the US
#41
Median Rent Price
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$1,159
Ranked in the US
#15
Cost of Living Index
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103.2
Ranked in the US
#20
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
New Hampshire
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Average Home Value
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$364,831
Ranked in the US
#15
Lowest Home Value
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$240,881
Ranked in the US
#38
Median Rent Price
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$1,145
Ranked in the US
#17
Cost of Living Index
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116.1
Ranked in the US
#10
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
New Jersey
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Average Home Value
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$406,423
Ranked in the US
#10
Lowest Home Value
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$252,282
Ranked in the US
#40
Median Rent Price
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$1,368
Ranked in the US
#5
Cost of Living Index
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112.4
Ranked in the US
#15
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
New Mexico
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Average Home Value
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$250,102
Ranked in the US
#32
Lowest Home Value
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$162,681
Ranked in the US
#23
Median Rent Price
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$857
Ranked in the US
#37
Cost of Living Index
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94
Ranked in the US
#33
New Mexico is the twentieth cheapest state to buy a house with an average home value of $250,102. New Mexico's affordable housing market is influenced by factors such as a relatively lower cost of living, a diverse range of housing options, and a mix of urban and rural areas providing affordable housing choices.
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
New York
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Average Home Value
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$359,173
Ranked in the US
#16
Lowest Home Value
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$164,003
Ranked in the US
#24
Median Rent Price
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$1,315
Ranked in the US
#9
Cost of Living Index
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134.5
Ranked in the US
#5
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
North Carolina
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Average Home Value
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$258,377
Ranked in the US
#28
Lowest Home Value
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$146,271
Ranked in the US
#20
Median Rent Price
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$932
Ranked in the US
#27
Cost of Living Index
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95.7
Ranked in the US
#28
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
North Dakota
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Average Home Value
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$255,566
Ranked in the US
#29
Lowest Home Value
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$169,867
Ranked in the US
#25
Median Rent Price
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$828
Ranked in the US
#42
Cost of Living Index
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97.1
Ranked in the US
#27
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Ohio
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Average Home Value
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$187,162
Ranked in the US
#44
Lowest Home Value
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$105,633
Ranked in the US
#10
Median Rent Price
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$825
Ranked in the US
#43
Cost of Living Index
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91.9
Ranked in the US
#40
Ohio ranks as the eighth cheapest state to buy a house, with an average home value of $187,162. Its affordability is driven by factors such as a lower cost of living and a real estate market that provides relatively more affordable housing choices compared to other states.
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Oklahoma
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Average Home Value
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$157,233
Ranked in the US
#49
Lowest Home Value
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$77,737
Ranked in the US
#3
Median Rent Price
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$818
Ranked in the US
#44
Cost of Living Index
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85.8
Ranked in the US
#50
Oklahoma is the third cheapest state to buy a house, with an average home value of $157,233. The state's affordable housing market is influenced by factors such as a lower cost of construction and a relatively lower demand, making it an attractive option for budget-conscious buyers.
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Oregon
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Average Home Value
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$453,856
Ranked in the US
#8
Lowest Home Value
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$321,006
Ranked in the US
#44
Median Rent Price
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$1,173
Ranked in the US
#14
Cost of Living Index
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121.2
Ranked in the US
#8
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Pennsylvania
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Average Home Value
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$237,674
Ranked in the US
#34
Lowest Home Value
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$136,144
Ranked in the US
#18
Median Rent Price
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$958
Ranked in the US
#26
Cost of Living Index
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98.2
Ranked in the US
#25
Pennsylvania is the eighteenth cheapest state to buy a house with an average home value of $237,674. Pennsylvania's affordable housing market can be attributed to factors such as a mix of urban and rural areas with varied housing options, a relatively lower cost of living compared to some neighboring states, and a stable real estate market.
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Rhode Island
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Average Home Value
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$373,094
Ranked in the US
#11
Lowest Home Value
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$281,162
Ranked in the US
#42
Median Rent Price
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$1,031
Ranked in the US
#23
Cost of Living Index
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112.9
Ranked in the US
#14
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
South Carolina
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Average Home Value
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$231,270
Ranked in the US
#37
Lowest Home Value
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$131,555
Ranked in the US
#17
Median Rent Price
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$918
Ranked in the US
#28
Cost of Living Index
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94.3
Ranked in the US
#32
South Carolina is the fifteenth cheapest state to buy a house with an average home value of $231,270. South Carolina's affordable housing market is influenced by factors such as a relatively lower cost of living, a mix of urban and rural areas with affordable housing options, and a strong supply of available homes.
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
South Dakota
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Average Home Value
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$262,373
Ranked in the US
#27
Lowest Home Value
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$170,999
Ranked in the US
#26
Median Rent Price
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$761
Ranked in the US
#49
Cost of Living Index
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94.5
Ranked in the US
#31
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Tennessee
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Average Home Value
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$239,612
Ranked in the US
#33
Lowest Home Value
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$126,053
Ranked in the US
#14
Median Rent Price
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$897
Ranked in the US
#29
Cost of Living Index
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90.2
Ranked in the US
#42
Tennessee is the nineteenth cheapest state to buy a house with an average home value of $239,612. Tennessee offers affordable housing options due to factors such as a lower cost of living, a strong supply of available homes, and a stable real estate market that presents opportunities for budget-conscious buyers.
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Texas
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Average Home Value
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$255,023
Ranked in the US
#30
Lowest Home Value
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$151,418
Ranked in the US
#22
Median Rent Price
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$1,082
Ranked in the US
#20
Cost of Living Index
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92.5
Ranked in the US
#36
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Utah
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Average Home Value
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$471,970
Ranked in the US
#7
Lowest Home Value
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$347,016
Ranked in the US
#47
Median Rent Price
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$1,090
Ranked in the US
#19
Cost of Living Index
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102.8
Ranked in the US
#22
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Vermont
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Average Home Value
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$304,539
Ranked in the US
#22
Lowest Home Value
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$194,678
Ranked in the US
#32
Median Rent Price
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$999
Ranked in the US
#25
Cost of Living Index
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115.9
Ranked in the US
#11
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Virginia
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Average Home Value
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$338,714
Ranked in the US
#18
Lowest Home Value
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$197,895
Ranked in the US
#33
Median Rent Price
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$1,257
Ranked in the US
#10
Cost of Living Index
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102.8
Ranked in the US
#23
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Washington
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Average Home Value
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$518,215
Ranked in the US
#4
Lowest Home Value
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$347,311
Ranked in the US
#48
Median Rent Price
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$1,337
Ranked in the US
#6
Cost of Living Index
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114.2
Ranked in the US
#13
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
West Virginia
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Average Home Value
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$126,115
Ranked in the US
#51
Lowest Home Value
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$62,107
Ranked in the US
#1
Median Rent Price
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$732
Ranked in the US
#51
Cost of Living Index
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90
Ranked in the US
#43
West Virginia is the cheapest state to buy a house with an average home value of $126,115, thanks to its lower cost of living and a more modest cost of construction contributing to more affordable housing options.
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Wisconsin
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Average Home Value
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$236,227
Ranked in the US
#35
Lowest Home Value
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$147,811
Ranked in the US
#21
Median Rent Price
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$872
Ranked in the US
#34
Cost of Living Index
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95.5
Ranked in the US
#29
Wisconsin is the seventeenth cheapest state to buy a house with an average home value of $236,227. Wisconsin's affordable housing market benefits from factors such as a lower cost of living, a relatively balanced supply and demand in the real estate market, and a mix of urban and rural areas providing housing options at affordable price points.
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
Wyoming
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Average Home Value
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$291,215
Ranked in the US
#26
Lowest Home Value
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$190,733
Ranked in the US
#30
Median Rent Price
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$853
Ranked in the US
#38
Cost of Living Index
help
92.5
Ranked in the US
#37
Average Home Value
Lowest Home Value
Median Rent Price
Cost of Living Index
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FAQs
What state has the cheapest houses ?
West Virginia has the cheapest houses with an average home value of $126,115.
