5 Most Affordable Housing Markets in the US in 2023

This article will look at the 5 Most Affordable Housing Markets in the US in 2023. For an in-depth insight into cities that offer affordable housing, read our article 20 Most Affordable Housing Markets in the US in 2023. 

5. Mississippi

Median Effective Property Tax Rate: 0.791%

Average Cost of Rent/Month: $760

Homeownership Rate: 73.1%

Final Score: 8.5

Mississippi, also known as the Magnolia State, has one of the most affordable housing markets in the US in 2023. The region is known for its affordable housing, higher education, and low childcare costs. It is also famous for its delicious food, southern hospitality, and mild winters.