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20 Best Cities Where You Can Buy a House for Under $100K

f11photo / Shutterstock.com
f11photo / Shutterstock.com

For many people, the dream of owning a home has evaporated and the cost of living has spiked, with a national average home price of $339,048, according to May 2023 figures from Zillow.

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But it is still very possible to find a home to fit the budget you’re looking for. In fact, in a variety of cities, you can find a good number of homes priced under $100,000 — perfect for first-time homebuyers, especially.

GOBankingRates analyzed data from Zillow to find the 100 biggest housing markets priced under $100,000. Then, GOBankingRates used data from Realtor.com to find the total number of active home listings and just how many of them have asking prices of less than that mark.

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These 20 highlighted cities offer some of the cheapest housing prices in the U.S.

Davel5957 / iStock.com
Davel5957 / iStock.com

20. Fort Wayne, Indiana

  • Total active listings: 369

  • Active listings under $100,000: 16

  • Percentage of listings under $100,000: 4.34%

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Kruck20 / Getty Images/iStockphoto
Kruck20 / Getty Images/iStockphoto

19. Columbia, South Carolina

  • Total active listings: 446

  • Active listings under $100,000: 20

  • Percentage of listings under $100,000: 4.48%

Learn More: 5 Types of Homes That Will Plummet in Value in 2024

f11photo / Getty Images/iStockphoto
f11photo / Getty Images/iStockphoto

18. Indianapolis

  • Total active listings: 2,636

  • Active listings under $100,000: 128

  • Percentage of listings under $100,000: 4.86%

DenisTangneyJr / Getty Images
DenisTangneyJr / Getty Images

17. Tulsa, Oklahoma

  • Total active listings: 1,119

  • Active listings under $100,000: 73

  • Percentage of listings under $100,000: 6.52%

gnagel / Getty Images
gnagel / Getty Images

16. Wichita, Kansas

  • Total active listings: 1,134

  • Active listings under $100,000: 75

  • Percentage of listings under $100,000: 6.61%

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dreamyguy1 / Getty Images/iStockphoto
dreamyguy1 / Getty Images/iStockphoto

15. Cincinnati

  • Total active listings: 1,176

  • Active listings under $100,000: 79

  • Percentage of listings under $100,000: 6.72%

©Shutterstock.com
©Shutterstock.com

14. Kansas City, Missouri

  • Total active listings: 1,674

  • Active listings under $100,000: 118

  • Percentage of listings under $100,000: 7.05%

f11photo / Getty Images/iStockphoto
f11photo / Getty Images/iStockphoto

13. Philadelphia

  • Total active listings: 382

  • Active listings under $100,000: 27

  • Percentage of listings under $100,000: 7.07%

Find Out: I’m a Real Estate Agent: These 5 Cities Are Becoming Unaffordable

Nagel Photography / Shutterstock.com
Nagel Photography / Shutterstock.com

12. Baton Rouge, Louisiana

  • Total active listings: 1,350

  • Active listings under $100,000: 101

  • Percentage of listings under $100,000: 7.48%

Roberto Galan / Getty Images
Roberto Galan / Getty Images

11. Louisville, Kentucky

  • Total active listings: 1,896

  • Active listings under $100,000: 165

  • Percentage of listings under $100,000: 8.70%

Pgiam / Getty Images
Pgiam / Getty Images

10. Chicago

  • Total active listings: 3,169

  • Active listings under $100,000: 299

  • Percentage of listings under $100,000: 9.44%

Explore More: ​ChatGPT Unveils: 5 Worst Cities To Buy a House in 2024

©Shutterstock.com
©Shutterstock.com

9. Pittsburgh

  • Total active listings: 2,039

  • Active listings under $100,000: 314

  • Percentage of listings under $100,000: 15.40%

DenisTangneyJr / Getty Images/iStockphoto
DenisTangneyJr / Getty Images/iStockphoto

8. Buffalo, New York

  • Total active listings: 513

  • Active listings under $100,000: 108

  • Percentage of listings under $100,000: 21.05%

Sean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

7. Memphis, Tennessee

  • Total active listings: 1,927

  • Active listings under $100,000: 453

  • Percentage of listings under $100,000: 23.51%

Explore More: Barbara Corcoran Says, ‘Forget About Florida,’ Move Here for Cheap Homes

Ron_Thomas / iStock.com
Ron_Thomas / iStock.com

6. Milwaukee

  • Total active listings: 644

  • Active listings under $100,000: 153

  • Percentage of listings under $100,000: 23.76%

Meinphoto / Shutterstock.com
Meinphoto / Shutterstock.com

5. St. Louis

  • Total active listings: 2,060

  • Active listings under $100,000: 530

  • Percentage of listings under $100,000: 25.73%

Elizabeth Fisher / iStock.com
Elizabeth Fisher / iStock.com

4. Rochester, New York

  • Total active listings: 253

  • Active listings under $100,000: 107

  • Percentage of listings under $100,000: 42.29%

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Sean Pavone / Getty Images/iStockphoto
Sean Pavone / Getty Images/iStockphoto

3. Cleveland

  • Total active listings: 1,171

  • Active listings under $100,000: 518

  • Percentage of listings under $100,000: 44.24%

Ron_Thomas / Getty Images/iStockphoto
Ron_Thomas / Getty Images/iStockphoto

2. Toledo, Ohio

  • Total active listings: 684

  • Active listings under $100,000: 358

  • Percentage of listings under $100,000: 52.34%

DenisTangneyJr / Getty Images
DenisTangneyJr / Getty Images

1. Detroit

  • Total active listings: 1,726

  • Active listings under $100,000: 1,171

  • Percentage of listings under $100,000: 67.84%

Jami Farkas contributed to the reporting for this article.

Methodology: To find the 20 best cities where you can buy a house for under $100,000, GOBankingRates first found the top 100 largest housing markets according to Zillow. For each housing market, GOBankingRates found: (1) total active listings and (2) active listings under $100,000 sourced from Realtor.com. Then GOBankingRates calculated the percentage of listings under $100,000 and sorted the data to show the highest availability of listings under $100,000. All data is up-to-date as of May 5, 2023.

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This article originally appeared on GOBankingRates.com: 20 Best Cities Where You Can Buy a House for Under $100K