5 Cool U.S. Cities Where You Can Still Buy A House For Less Than $200,000

5 Cool U.S. Cities Where You Can Still Buy A House For Less Than $200,000

You may be reluctant to invest in real estate due to high real estate prices in many parts of the country.

However, there are some cool cities where you can still find plenty of homes for around $200,000. Here are our top five suggestions.

Des Moines, Iowa

Des Moines

Des Moines is a fantastic city to live and work. It’s a place with great jobs, wonderful schools, nice towns, short commutes and affordable housing. According to Forbes, Des Moines is the best city in the country for businesses and careers, as well as the best place to raise a family. 

The community, which is known for being LGBTQ+ welcoming, has numerous alternatives for properties under $200,000, such as this two-bedroom ranch just five minutes from downtown and this freshly remodeled Craftsman-style three-bedroom.

  • Average home value: $191,340
  • Population: 212,031
  • Cost of Living: 18.8% lower than the U.S. average

Winston-Salem, North Carolina


Value for money is one of the most enticing aspects of living in Winston-Salem. The average income of its citizens is lower than the national average, but so is the cost of living.

Although the typical property costs more than $200,000, there are many options for less, such as this freshly restored three-bedroom home with a huge covered porch and this three-bedroom cottage.

  • Average home value: $231,727
  • Population: 250,320
  • Cost of Living: 18.7% lower than the U.S. average

Tulsa, Oklahoma

It is not only a safe and affordable area to live in, but it is also an excellent choice for retirees. Tulsa’s numerous restaurants, vibrant arts and entertainment, ample outdoor recreation, and robust sports culture all add to the city’s reputation as an ideal place to retire. 

You may buy this elegant English-style home or this four-bedroom home with a huge rear deck for less than $200,000 each.

  • Average home value: $186,655
  • Population: 411,401
  • Cost of Living: 16.8% lower than the U.S. average

Houston, Texas

Houston is an excellent place to live and raise a family because of its thriving employment market, inexpensive cost of living, and year-round sunshine.

You can buy a new build 3-bedroom home just a few miles from the city’s center for less than $200,000, or this freshly upgraded 3-bedroom brick home.

  • Average home value: $270,365
  • Population: 2,288,250
  • Cost of Living: 3.5% lower than the U.S. average

Cambridge, Maryland

Cambridge, on the eastern shore of Maryland, is one of the earliest colonial settlements in the state. Known for its significant history, classical architecture, specialized businesses and vibrant cultural scene, provides residents and visitors with a diverse selection of activities, and no matter what your hobbies are, you’ll find a home here.

You’ll have lots of housing options with a $200,000 budget, including this attractive three-bedroom Cape Cod-style home near downtown and this historic three-bedroom home built in 1918.

  • Average home value: $181,142
  • Population: 13,097
  • Cost of Living: 15.9% lower than the U.S. average

See the lowest mortgage rates you can qualify for now here.