Instant Alert: Here are the 14 most affordable housing markets in the US

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Here are the 14 most affordable housing markets in the US

by Bob Bryan on Oct 3, 2015, 2:31 PM

Houses cost a lot of money. Finding more bang for your buck can be a challenge of being in the market for a home.

RealtyTrac, which analyzes US property data, identified the most affordable places to live in the US.

Surveying 582 counties across the country, the firm compiled home price and wage data. They developed a ranking of affordability by dividing the region's average mortgage payment by average weekly wages.

From RealtyTrac's findings, we compiled the list of the 14 most affordable counties in the US that are part of a metropolitan statistical area.

For the most part the counties were in the Midwest and South. Missouri, South Carolina, Michigan, and Ohio all placed multiple counties in the list.

Check out the full list below with the metro area, affordability score, average house price, and average weekly wages. The list is from less affordable to the most.