3 of 11
Runner-up: Youngstown, Ohio
Runner-up: Youngstown, Ohio
This big (2,500-square-foot) house in nearby Boardman goes for just $164,900.
Median home price: $68,000
Median family income: $53,500
Affordability score: 93.2%

This small city located about midway between Pittsburgh and Cleveland was once one of the leading industrial cities, and factory-worker earnings were second to none. The demise of most of the steel mills in town ended the area's prosperity.

During the boom times, neighborhoods of well-kept homes spread. But the housing market has been contracting in many communities and the population has shrunk. Now large mansions can be purchased for less than $200,000.

Median income, at about $53,000, is not low, relative to home prices, so nearly every worker with a job can afford to buy some kind of home.

NEXT: Third place: Syracuse, N.Y.
Last updated February 23 2011: 3:17 PM ET
America's ugliest homes HomeVestors buys ugly homes. That's their motto. We asked to see their worst. More
10 foreclosure hotspotsThese 10 cities have the fastest-growing rates out of the 100 worst-hit places More
12 cities: Where to rent vs. buy Cities like Las Vegas and Miami boast killer buying opportunities, but you're better off renting in New York and Seattle. More
  • Find Homes for sale
    Real estate and homes for sale on Trulia

  • Property Type
  • Find a home in:
  • New York | Atlanta | Chicago | Los Angeles
  • Washington D.C | Houston | Philadelphia | More options
Overnight Avg Rate Latest Change Last Week
30 yr fixed3.83%3.84%
15 yr fixed2.94%2.94%
5/1 ARM3.24%3.10%
30 yr refi3.83%3.85%
15 yr refi3.00%3.01%
Rate data provided
by Bankrate.com
View rates in your area
Find personalized rates:
Special Offer

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2015 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2015. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2015 and/or its affiliates.