12 Affordable Housing Markets on the Outskirts of the Most Expensive Cities in America

Overall, the cost of housing in the U.S. is still going up in many markets. The median sale price of a home in the U.S. was $420,357 in March.

In cities like Boston, New York, Austin, Miami, and others, you may not be able to afford a home unless you find ways to help pay your mortgage on top of your current income.

But the suburbs near a big city may offer homes that are more affordable and where you can still enjoy metropolitan life. Here are a few options near popular metro areas.

Austin has grown in recent years, attracting Texans and out-of-stateers to the unique town. In March, the median sale price of a home in Austin was $550,000.

Instead, consider Kyle, one of Austin's larger suburbs. The area has a mix of newer builds and older homes, and you could find a new home for a median sale price of $329,250 in March.

Plus, if you need to earn extra money to afford living in a hot market, Austin is one of the top areas for freelancers.

Hialeah Gardens has seen an influx of newcomers to Florida, including new residents with families. To cover the shortfall of teachers, the school district is training new teachers to accommodate larger class sizes.

The median sale price in March was $450,000, which is a drop from earlier in the year. Compare that cost to nearby Miami, which has a median sale price of $600,000.

It can be tough to make it in New York City when considering the housing cost. After all, the median sale price for a place in Manhattan was a whopping $1.2 million in March.

Compare that to Montvale, a commuter town in New Jersey with its own stop on New Jersey Transit. In Montvale, you could find a home for $875,000. 

It’s still steep compared to other parts of the country, but it’s more affordable than New York City.

Washington, D.C., is a hub for federal and tech jobs, leading to higher home prices. For example, a home in the District would’ve set you back $644,950 at a median home sale price in November, according to the real estate website Redfin.

If you don’t mind driving to Washington, D.C., instead of living there, check out Waldorf. The town, which is south of the city, has a median sale price of $420,000. 

The suburban town features a 13-mile bike trail and is home to the Southern Maryland Blue Crabs professional baseball team.

You might be sleepless in Seattle, worrying about the cost of housing. The largest city in the Northwest also has the largest median home sale price, reaching $846,000 in March. 

Nearby Boulevard Park could be a better option close to the city but with more affordable housing. In November, the median home sale price came in at $562,500, which sounds like a lot but is a lot less than Seattle.

Boston is among the 20 most expensive cities in the U.S., and its median home sale price was $819,750 in March. If you don’t mind a 40-minute commute on Massachusetts Bay Transportation, try Lawrence.

Lawrence has the rich history you would expect from an old New England town but without the rich price tag for housing. The area’s median home price was $562,000 in November, according to Redfin.

Outside of Salt Lake City is Magna, which is only about a 20-minute drive from the Salt Lake City airport. You can purchase a home in the area for $415,000, the median sale price as of March.

Compare that to Salt Lake City proper, where a house would cost $555,000 in median sale price in March.

Los Angeles can be an expensive option if you live in southern California, with the median sale price hitting $982 in March.

Check out the inland suburb of Bell Gardens instead. Prices are still steep at $925,000 as a median sale price in November, but cheaper than the nearby City of Angels.

Denver is becoming a more popular option as new residents come to the Mile High City for work and quality of life. Its popularity is reflected in the city’s median home sale price of $600,000 in March.

Instead, consider Aurora, which is east of the city. You could have picked up a home in the area for a median sale price of $475,000.

Kansas City is home to the Super Bowl-champion Kansas City Chiefs and may have pricier houses than other Midwest cities. The median sale price for the area was $261,000 in March.

Nearby Independence may be a better option. The city, which was the home of President Harry Truman, sits east of Kansas City and had a median sale price of $212,900 in March.

Greenbrier offers plenty of outdoor activities while being close to Nashville. But the city doesn’t have the same price tag, with the median sale price for homes in March coming in at $344,000.

If you prefer to live in Nashville, a median-price home there would have cost $474,995 in March, according to Redfin.

Atlanta is a peach of a town that continues to attract new residents. According to Redfin, the median sale price in March was $415,000.

But if that’s too pricey for you, consider a move to Redan instead. The suburb east of Atlanta will cost you $254,900 for a home. 

Housing costs don't have to eat into your budget if you're willing to live in the suburbs instead of the city.

Check out suburban options if you're trying to save money on a home, but remember to also factor in other costs, such as property taxes, when creating your budget.

If you're living paycheck to paycheck or want to retire early, you don't want to be surprised by additional costs like gas if your commute is longer.