1. West Virginia
If you’re looking for affordable housing, West Virginia should be on your radar. In cities like Beckley and Huntington, you can still find homes under $150K, particularly in smaller towns, Zillow shows. The state offers a slower pace of life with beautiful mountainous landscapes, perfect for those looking to escape the hustle and bustle of larger cities. While West Virginia might not be the first place that comes to mind for relocation, its low cost of living makes it an attractive option for first-time buyers.
The housing market here is incredibly affordable, and you can score a decent-sized home for a fraction of what it would cost elsewhere in the country. Even some larger homes in rural areas can be had for under $150K, making it a good choice for those who prioritize space and nature. Plus, the low property taxes are another big draw. If you’re okay with the occasional long drive to bigger urban centers, West Virginia offers an excellent value.
2. Arkansas
Arkansas is another state where your dollar stretches far when it comes to buying a home. Cities like Little Rock, Pine Bluff, and Hot Springs have homes available for under $150K, especially in more suburban or rural areas, according to Zillow. While the state’s urban areas may not be as bustling as others, they offer affordable living combined with a slower pace. It’s a perfect place to buy if you want to be close to nature—Arkansas is home to national forests, mountains, and beautiful lakes.
In Arkansas, the housing market remains competitive but still very affordable. The state has plenty of historic homes, charming bungalows, and modern houses that you can snag for a fraction of the cost you’d pay elsewhere. Whether you’re looking for a cozy cottage or a larger home with some acreage, Arkansas has options within your budget. Low property taxes and a relaxed lifestyle only add to the appeal of living in the Natural State.
3. Mississippi
Mississippi offers one of the lowest costs of living in the United States, and housing is no exception, according to Redfin. Many towns in the state, including Jackson, Biloxi, and Tupelo, still have homes available under $150K. The state is known for its southern charm, with lush landscapes, rivers, and historic architecture. If you’re in the market for a budget-friendly home with character, Mississippi is definitely worth considering.
One of the best things about Mississippi is that you can find larger homes for a fraction of the price compared to other states. Even in the capital, Jackson, it’s still possible to score a sizable house for well under $150K. The state’s relatively low property taxes and affordable utilities make it an ideal choice for those looking for a quiet and affordable lifestyle. With great food and music scenes, Mississippi has a unique culture that can’t be beat.
4. Alabama
Alabama is another southern state where affordable housing is still a reality, Redfin shows. Cities like Birmingham, Montgomery, and Huntsville have a wide range of homes available for under $150K, especially if you’re willing to look just outside the city centers. Known for its rich history and southern hospitality, Alabama offers a comfortable, low-cost lifestyle. With beautiful parks, a strong sense of community, and a growing economy, it’s no surprise that Alabama is attracting more homebuyers.
What sets Alabama apart is the combination of affordability and opportunity for growth. Huntsville, in particular, has seen a boom in tech jobs, but even here, you can find homes in your budget. The state also offers plenty of options for first-time buyers, including new construction homes that stay within the $150K range. Whether you want a small cottage or a larger home in a suburban neighborhood, Alabama’s housing market has something for everyone.
5. Indiana
If you’re open to living in the Midwest, Indiana offers some amazing deals on homes under $150K. Cities like Fort Wayne, Evansville, and Indianapolis feature affordable housing, especially if you’re looking in the outskirts or smaller neighborhoods. Indiana offers a mix of urban, suburban, and rural living, so you can find the type of lifestyle that suits you best. Plus, the state’s low cost of living makes it one of the more attractive places to relocate without breaking the bank.
Indiana’s real estate market is still quite affordable compared to other regions in the U.S., and you’ll find everything from quaint homes to newly renovated houses in your price range. If you’re someone who likes a blend of city amenities with a small-town feel, Indiana is perfect. The schools, local businesses, and parks offer an added layer of appeal. Plus, with property taxes that are relatively low, you’ll be able to keep your monthly expenses manageable.
6. Ohio
Ohio’s housing market is still one of the most affordable in the U.S., and many cities here have homes available under $150K. Cleveland, Akron, and Toledo are just a few examples where you can find homes that won’t break the bank. The state offers diverse living options, from city life in Cleveland to the more suburban or rural atmosphere in smaller towns. Whether you’re looking for an older, charming home or something more modern, Ohio offers plenty of affordable options.
The low cost of living in Ohio extends beyond just housing—property taxes are also reasonable. In some parts of the state, you can even find multi-bedroom homes with a yard for under $150K. For those who appreciate history, Ohio offers many historic homes at a fraction of the price they would be in more expensive states. The state also has great schools, parks, and a strong sense of community, making it an excellent place for families.
7. Kentucky
In Kentucky, affordable housing is still very much alive and well. Cities like Louisville, Lexington, and Bowling Green offer homes for under $150K, and even in some rural areas, you can find houses with land for a great price. The state’s natural beauty, including the Appalachian Mountains and its famous horse farms, adds to its charm. For those who enjoy outdoor activities like hiking, fishing, or horseback riding, Kentucky offers a fantastic backdrop for a peaceful lifestyle.
In Kentucky, you’re likely to find a range of housing options, from quaint cottages to larger homes with spacious yards. The state also has a reputation for its friendly communities and relaxed pace of life, making it a great place for those seeking a more tranquil environment. On top of that, Kentucky has some of the lowest property taxes in the country, making homeownership even more affordable. It’s a perfect destination for anyone looking to balance a budget-friendly lifestyle with access to nature and history.
8. Oklahoma
Oklahoma is one of the most affordable states in the U.S., with housing prices that are well below the national average. Cities like Oklahoma City and Tulsa offer homes for under $150K, especially in the outskirts or less-populated areas. The state has a mix of urban and rural settings, giving buyers plenty of options to fit their desired lifestyle. Whether you’re looking for a smaller town vibe or a home with land, Oklahoma’s affordable housing market is a standout.
The state’s low cost of living is a huge draw for people looking to buy a home without going into debt. In addition to affordable homes, the state has low utility costs and no state income tax, making it a financially friendly choice. Oklahoma is also known for its friendly communities and warm weather, which makes it a great place to settle down. Whether you’re interested in modern amenities or rustic charm, you can find a house within your budget here.
9. Michigan
Michigan offers great housing deals, especially in smaller cities and suburban areas. Cities like Flint, Kalamazoo, and Detroit still have homes available for under $150K, and in some places, even less. The state’s housing market has remained relatively affordable, even as the economy continues to recover and grow. With its beautiful lakeshores, forests, and access to outdoor activities, Michigan offers a lot for those looking for an affordable home.
In Michigan, you can find a range of properties, including charming older homes and newly built homes at affordable prices. Even in Detroit, where real estate prices have rebounded in recent years, you can still find homes in your price range. The state’s property taxes are also quite low compared to other states, making it a great place for long-term homeownership. Whether you’re looking for a cozy home or a larger family house, Michigan has something for everyone.
10. Missouri
Missouri is another state where you can still find affordable housing, particularly in cities like St. Louis, Kansas City, and Springfield. These cities offer homes for under $150K in many neighborhoods, particularly those that are slightly outside of the city center. Missouri also offers a nice mix of urban living and rural areas, giving you the flexibility to choose your preferred lifestyle. The state’s affordable housing market is one of the main reasons people are relocating to Missouri from higher-cost areas.
In addition to affordable homes, Missouri boasts low property taxes and a variety of recreational opportunities. The state has a rich history, vibrant cultural scenes in cities like St. Louis and Kansas City, and access to both rural and urban amenities. With a lower cost of living, it’s a great option for those looking to buy a house without spending a fortune. Whether you’re interested in city life or a quieter setting, Missouri provides plenty of affordable housing options.
11. Tennessee
Tennessee is known for its lively music scene, but it’s also a state where affordable housing still exists. Cities like Memphis, Chattanooga, and Knoxville have homes available for under $150K, especially in suburban or rural areas. The state’s combination of natural beauty, rich history, and low cost of living makes it a great choice for homebuyers. With plenty of parks, mountains, and a strong sense of community, Tennessee offers an attractive lifestyle.
Tennessee’s real estate market offers a variety of affordable homes, ranging from cozy cottages to larger family homes. The state’s lack of a state income tax is another benefit for homeowners, making it a financially appealing option. Many homes in rural areas come with large lots of land, so you can enjoy privacy without sacrificing comfort. With a growing economy and plenty of things to do, Tennessee is a wonderful place to plant roots.
12. Texas
While Texas is often known for its large cities and booming economy, there are still plenty of affordable homes under $150K if you look in the right areas. Smaller cities like Lubbock, Amarillo, and Longview feature homes within your budget. The state’s vast size means there’s a lot of variety, from rural properties with acres of land to smaller homes in quiet suburban neighborhoods. Plus, Texas is famous for its low property taxes, which make buying a home even more affordable.
In addition to affordable housing, Texas boasts a strong job market, making it an attractive place to live and work. Whether you’re looking for a quiet country home or something closer to city life, Texas offers a little bit of everything. The lack of a state income tax is a major perk, leaving more money in your pocket for other expenses. With its southern charm and diverse culture, Texas continues to be a top destination for homebuyers on a budget.
13. Pennsylvania
Pennsylvania, particularly in smaller towns and rural areas, is home to many affordable homes. Cities like Pittsburgh, Scranton, and Harrisburg offer homes for under $150K, especially in neighborhoods that are outside the main urban hubs. With its historic charm, beautiful landscapes, and strong community values, Pennsylvania is a great place to live without breaking the bank. Whether you’re into city life or the quiet countryside, Pennsylvania’s affordable housing market provides plenty of options.
The state’s real estate market is diverse, offering both modern homes and historic properties. Pennsylvania’s cost of living is lower than many other northeastern states, and the property taxes remain reasonable. Plus, there are lots of recreational activities to enjoy, including hiking in the Appalachian Mountains and visiting charming small towns. With a good economy and a variety of housing options, Pennsylvania is a smart choice for budget-conscious buyers.
14. Louisiana
Louisiana’s affordable housing market is an often-overlooked gem, with homes under $150K available in cities like Baton Rouge, Shreveport, and Lafayette. The state’s rich culture, delicious food, and vibrant music scene add to its appeal. If you enjoy a mix of southern hospitality and cultural diversity, Louisiana offers a great lifestyle at a price you can afford. The bayou landscapes and easy access to New Orleans make it a fun and affordable place to call home.
In Louisiana, you can find everything from historic homes to newer constructions that fit within your budget. The cost of living is relatively low, and you won’t have to worry about skyrocketing property taxes. Whether you’re looking for a home near the city or something more rural, Louisiana offers plenty of affordable options. With its unique culture and laid-back lifestyle, Louisiana continues to be a great place for first-time homebuyers.
15. Nebraska
Nebraska may not be the first state people think of when it comes to affordable housing, but it offers some fantastic deals. Cities like Omaha, Lincoln, and Kearney feature homes under $150K, particularly in suburban and rural areas. Nebraska offers a slower pace of life, beautiful prairies, and a tight-knit community. With affordable real estate and a welcoming environment, it’s a great choice for those seeking a more peaceful lifestyle.
In Nebraska, you can find well-maintained homes with large yards, perfect for growing families or anyone looking for space. The state’s property taxes are also relatively low compared to many other parts of the country, making it easier to keep up with homeownership. Nebraska also offers access to outdoor activities, like hiking, fishing, and camping, in its many state parks. If you enjoy a blend of small-town charm and access to urban amenities, Nebraska is a solid option.
