You Can Buy a Home in This College Town for $88,000

College towns are some of the most vibrant places on the planet. You’ll often find nightlife and great restaurants. And let’s not overlook the college sporting events! If you’re looking to immerse yourself in a bustling community, or perhaps you are leaning towards buying a home to rent out to a college co-ed, here are some of the most affordable college towns in the United States where you should look.

To determine the most affordable college towns, Moms Who Think reviewed five-year data on median household value and median household income from the U.S. Census Bureau’s 2022 American Community Survey. Cities, towns, and Census-designated places were ranked based on the ratio of median home value to median household income. Only places with at least 10,000 residents where at least 15% of the population is enrolled in college or graduate school were considered.

50. Cape Girardeau, Missouri

• Median home value: $177,500 (3.4 times income)
• Median household income: $51,671
• Total population: 39,795

49. Middletown, Connecticut

• Median home value: $257,800 (3.4 times income)
• Median household income: $75,120
• Total population: 48,152

48. Waterville, Maine

• Median home value: $154,400 (3.4 times income)
• Median household income: $45,208
• Total population: 15,785

47. Moorhead, Minnesota

• Median home value: $234,300 (3.4 times income)
• Median household income: $68,680
• Total population: 44,443

46. Winona, Minnesota

• Median home value: $176,600 (3.4 times income)
• Median household income: $52,500
• Total population: 26,083

45. Elizabethtown, Pennsylvania

• Median home value: $220,100 (3.3 times income)
• Median household income: $66,640
• Total population: 11,805

44. Tahlequah, Oklahoma

• Median home value: $163,300 (3.3 times income)
• Median household income: $49,444
• Total population: 16,389

43. Duluth, Minnesota

• Median home value: $209,800 (3.3 times income)
• Median household income: $63,545
• Total population: 86,772

42. Maryville, Missouri

• Median home value: $162,100 (3.3 times income)
• Median household income: $49,144
• Total population: 10,691

41. Stevens Point, Wisconsin

• Median home value: $176,400 (3.3 times income)
• Median household income: $53,611
• Total population: 25,549

40. Champaign, Illinois

• Median home value: $191,200 (3.3 times income)
• Median household income: $58,273
• Total population: 88,628

39. Glassboro, New Jersey

• Median home value: $256,900 (3.3 times income)
• Median household income: $78,518
• Total population: 23,014

38. Kirksville, Missouri

• Median home value: $133,100 (3.2 times income)
• Median household income: $41,089
• Total population: 17,533

37. St. Peter, Minnesota

• Median home value: $217,400 (3.2 times income)
• Median household income: $67,255
• Total population: 12,039

36. Troy, New York

• Median home value: $177,100 (3.2 times income)
• Median household income: $54,837
• Total population: 51,268

35. Keene, New Hampshire

• Median home value: $221,400 (3.2 times income)
• Median household income: $69,381
• Total population: 22,907

34. Edwardsville, Illinois

• Median home value: $277,000 (3.2 times income)
• Median household income: $87,094
• Total population: 26,622

33. Plattsburgh, New York

• Median home value: $172,900 (3.1 times income)
• Median household income: $55,049
• Total population: 19,907

32. Kalamazoo, Michigan

• Median home value: $152,700 (3.1 times income)
• Median household income: $48,649
• Total population: 73,342

31. Indiana, Pennsylvania

• Median home value: $124,100 (3.1 times income)
• Median household income: $40,013
• Total population: 14,082

30. Lubbock, Texas

• Median home value: $181,600 (3.1 times income)
• Median household income: $58,734
• Total population: 258,190

29. Berea, Kentucky

• Median home value: $167,200 (3.1 times income)
• Median household income: $54,481
• Total population: 15,404

28. Bourbonnais, Illinois

• Median home value: $238,000 (3.1 times income)
• Median household income: $77,738
• Total population: 18,125

27. Normal, Illinois

• Median home value: $194,400 (3.0 times income)
• Median household income: $63,965
• Total population: 52,920

26. Macomb, Illinois

• Median home value: $103,800 (3.0 times income)
• Median household income: $35,064
• Total population: 15,207

25. Meadville, Pennsylvania

• Median home value: $136,200 (3.0 times income)
• Median household income: $46,157
• Total population: 12,929

24. Huntington, West Virginia

• Median home value: $114,800 (2.9 times income)
• Median household income: $39,066
• Total population: 46,637

23. Canyon, Texas

• Median home value: $198,600 (2.9 times income)
• Median household income: $67,631
• Total population: 15,089

22. Pittsburgh, Pennsylvania

• Median home value: $171,800 (2.9 times income)
• Median household income: $60,187
• Total population: 303,843

21. Williamsport, Pennsylvania

• Median home value: $136,400 (2.8 times income)
• Median household income: $48,388
• Total population: 27,755

20. Binghamton, New York

• Median home value: $117,400 (2.8 times income)
• Median household income: $42,031
• Total population: 47,617

19. Pella, Iowa

• Median home value: $240,100 (2.8 times income)
• Median household income: $86,025
• Total population: 10,556

18. Oneonta, New York

• Median home value: $170,900 (2.7 times income)
• Median household income: $62,188
• Total population: 14,097

17. Syracuse, New York

• Median home value: $117,900 (2.7 times income)
• Median household income: $43,584
• Total population: 146,134

16. Waverly, Iowa

• Median home value: $211,000 (2.7 times income)
• Median household income: $78,278
• Total population: 10,399

15. Marshall, Missouri

• Median home value: $137,100 (2.6 times income)
• Median household income: $52,171
• Total population: 13,687

14. Carnot-Moon, Pennsylvania

• Median home value: $231,900 (2.6 times income)
• Median household income: $89,573
• Total population: 13,345

13. Charleston, Illinois

• Median home value: $122,700 (2.6 times income)
• Median household income: $47,533
• Total population: 17,795

12. Tiffin, Ohio

• Median home value: $123,600 (2.5 times income)
• Median household income: $48,869
• Total population: 17,894

11. Emporia, Kansas

• Median home value: $125,200 (2.5 times income)
• Median household income: $49,661
• Total population: 24,118

10. Portales, New Mexico

• Median home value: $124,000 (2.5 times income)
• Median household income: $49,313
• Total population: 12,085

9. Brent, Florida

• Median home value: $106,500 (2.4 times income)
• Median household income: $44,053
• Total population: 22,969

4. University Heights, Ohio

• Median home value: $209,800 (2.3 times income)
• Median household income: $91,960
• Total population: 13,649

3. Atchison, Kansas

• Median home value: $113,900 (2.3 times income)
• Median household income: $50,344
• Total population: 10,834

2. Muncie, Indiana

• Median home value: $88,000 (2.2 times income)
• Median household income: $40,309
• Total population: 65,167

1. Geneva, New York

• Median home value: $123,100 (1.9 times income)
• Median household income: $63,602
• Total population: 12,670

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