U.S. News analyzed data from the census bureau, the FBI, the Labor Department and the news outlet’s own internal resources to determine the most affordable cities. Each city was given a value score based on median gross rent, annual housing costs for mortgage-paying homeowners, and median annual household income. Read more about the methodology here.
Here are the 12 most affordable cities and their value rating.
Fort Wayne, Ind. — 8.2
Huntsville, Ala. — 8.1
Wichita, Kan. — 8.0
Springfield, Mo. — 8.0
Davenport, Iowa — 8.0
Hickory, N.C. — 8.0
Montgomery, Ala. — 7.9
Green Bay, Wis. — 7.9
Little Rock, Ark. — 7.9
Oklahoma City — 7.8
Lexington, Ky. — 7.8
Lafayette, La. — 7.8
