CNNMoney.com has a feature on the five most affordable metro areas. While the home costs are attractive, there might be reasons why these places have such low median home prices. Here are the five most affordable places
(ranked by an affordability score) and the median home values:
1. Syracuse, NY $88,000
2. Indianapolis, IN $113,000
3. Detroit, MI $85,000
4. Youngstown, OH $74,000
5. Buffalo, NY $112,000
This list of five rust-belt cities needs a lot more context to be valuable.