Using the latest 2020–2024 American Community Survey data, we identified the 10 most affordable counties in the United States by median home value. Most are in the rural Midwest and South.
The List
Based on 2024 ACS estimates, these counties have the lowest median home values nationwide. Each entry shows the median home value and median rent.
Why These Counties Are Affordable
Several common factors drive affordability in these markets:
- Population decline: Many are losing residents, reducing housing demand
- Limited job markets: Fewer high-wage employment opportunities
- Agricultural economies: Farm-dependent regions with lower income levels
- Remote location: Distance from major metros reduces demand
Should You Buy in These Markets?
Affordability is not the same as investment opportunity. Consider:
- Appreciation: Low prices can reflect weak long-term demand
- Liquidity: Resale can take months or years in slow markets
- Maintenance: Older housing stock often needs significant repairs
- Local economy: Job diversity matters for long-term stability
For retirees, remote workers, or people seeking a low cost of living, these markets can be excellent. For investors seeking appreciation, look elsewhere.
How to Explore Further
Our 100 Most Affordable Counties ranking lists the top 100 lowest-priced markets with full metrics. Each county page includes:
- Median home value and rent
- Owner occupancy rate
- Price-to-rent ratio
- 8-year price trend
- Recent FHFA HPI momentum
The Bottom Line
The most affordable U.S. counties are almost all rural and often losing population. If affordability is your primary goal, they offer remarkable value. But always weigh location, local economy, and long-term trends before committing to a market.