Top 17 US cities where you can take a home on a mortgage for $ 1 000 per month
According to Zillow estimates, the cost of renting in the USA on average delivers $ 1700 per month, so sometimes buying a house can be cheaper than renting.
Фото: Depositphotos
In some cities, a monthly mortgage payment may be half the average rental price or even less. This means that buying a house is quite real.
Edition GOBankingRates examined the data from a previous study on the best suburbs in each state and discovered 17 great suburbs where a mortgage would cost less than $ 1000 per month.
17. Plum, PA
- Suburb Pittsburgh
- Monthly mortgage payment: $ 997
Palm is ideal for a variety of outdoor activities, such as boating, fishing, hiking and skiing. It also houses the Oakmont Country Club, the famous golf course that hosted the US Open nine times. In addition, local residents face the lowest crime rates in real estate.
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16. La Verne, Tennessee
- Suburb Nashville
- Monthly mortgage payment: $ 951
Фото: Depositphotos
La Verne is a suburb of Nashville, it is also the capital of country music. Its convenient location next to Lake Percy Priest allows residents to enjoy many outdoor activities, including boating, fishing and much more. The average price of a home in La Verne is $ 209 900, which is much lower than the average price for the country as a whole: $ 289 000, according to Zillow.
15. Altamonte Springs, Florida
- Suburb Orlando
- Monthly mortgage payment: $ 940
Thanks to the new Westmonte Recreation Center, senior programs in Altamonte Springs, Florida are particularly effective. In addition, residents of all ages can plan a day trip to Walt Disney World in neighboring Orlando. If you are intrigued by life in Altamonte Springs, the suburbs offer homes at an average price just below $ 200 000.
14. Lexington, South Carolina
- Suburb Colombia
- Monthly mortgage payment: $ 932
People in Lexington, South Carolina pay 0,541% county real estate tax. This is the third lowest among the best suburbs with a mortgage of less than $ 1000 per month, which makes home ownership even more attractive. Lexington is also within walking distance of the Riverbanks Zoo and Garden.
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13. Mayfield Heights, Ohio
- Prigord Cleveland
- Monthly mortgage payment: $ 917
Mayfield City School District in Mayfield Heights, Ohio has received an A-Plus star rating. In addition to quality schools, Mayfield High is considered relatively safe.
12. Fairfield Ohio
- Suburb Cincinnati
- Monthly mortgage payment: $ 876
In addition to affordable mortgages, residents of Fairfield, Ohio can save on food, healthcare, transportation, and utilities. Fairfield School District also received a phenomenal A-Plus rating. This means that the suburb of Cincinnati is especially suitable for families with small children.
11. Maryland Heights, Missouri
- Suburb St. Louis
- Monthly mortgage payment: $ 840
If you are investing heavily in your children's education, it might be worth considering buying a home in Maryland Heights, Missouri. Parkway School District and Pattonville R-III School District received excellent marks. In addition, the average price of a home in Maryland Heights is only $ 165 000, well below the national average.
Фото: Depositphotos
10. Cabot, Arkansas
- Suburb Little Rock
- Monthly mortgage payment: $ 805
Residents of Cabot, Arkansas, spend an average of $ 17 541,04 per year on non-housing items such as food, healthcare, transportation, and utilities. In addition, the Kebot school district received a decent grade, so parents can rest peacefully, knowing that their children will receive a good education in the suburbs of Little Rock.
9. Claremore, Oklahoma
- Suburb Tulsa
- Monthly mortgage payment: $ 799
Claremore, Oklahoma, is relatively safe: it ranks fifth in terms of crime among all the places on the GOBankingRates list.
8. Socorro, Texas
- Suburb El Paso
- Monthly mortgage payment: $ 792
Socorro, Texas proves that you can find affordable housing in safe neighborhoods. The suburb boasts the second-cheapest median home price list in the GOBankingRates study—just $137—as well as relatively low rates of violent and property crime.
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7. Lebanon, Indiana
- Suburb Indianapolis
- Monthly mortgage payment: $ 791
Lebanon, Indiana, is one of the best suburbs with affordable mortgages. In addition, in the Indianapolis suburb, there are 0,88 violent crimes and 6,58 crimes involving property in 1000 residents. As a result, Lebanon is a good choice for Americans looking for a safe, affordable neighborhood.
Фото: Depositphotos
6. El Reno, Oklahoma
- Suburb Oklahoma City
- Monthly mortgage payment: $ 672
The median home price in the Oklahoma City suburb is just $139. For context, that's nearly $900 below the national average—meaning you could buy two homes in El Reno for the price of the average U.S. home.
5. Millbrook, Alabama
- Suburb Montgomery
- Monthly mortgage payment: $ 665
Montgomery suburbs face long, warm summers and relatively mild, short winters.
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4. New Haven, Indiana
- Suburb Fort wayne
- Monthly mortgage payment: $662
The Fort Wayne suburb offers the third lowest median home price in this study, at just $139, less than half the median home price in the United States.
3. Pearl, Mississippi
- Suburb Jackson
- Monthly mortgage payment: $ 658
Potential residents of Pearl, Mississippi, can buy a home for an average price of $ 146 650 US dollars.
2. Baker, Louisiana
- Suburb Baton rouge
- Monthly mortgage payment: $ 647
Homeowners in Baker, Louisiana pay 0,536% property taxes to the county, the second lowest tax rate on GOBankingRates list. The suburb also offers many amenities and activities for its residents, from golf courses and surrounding parks to the Baker Heritage Museum and the annual Baker Buffalo Festival.
1.Elsmere, Delaware
- Suburb Wilmington
- Monthly mortgage payment: $570
Ellesmere, Delaware boasts a median home price of $124, which is the lowest price on the GOBankingRates list. In addition, homeowners pay the fifth-lowest property tax rate in the county at 950%.
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