25 best places for affordable homes

Want to retire near the water, but without paying premium prices for a home? Residents who buy real estate in these towns see their incomes go the furthest.

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17. North Ridgeville, OH
North Ridgeville, OH
A car show was part of the festivities at North Ridgeville's 2008 Corn Festival
Median home price (2007): $168,000
Median family income: $75,573

When the corn is as high as an elephant's eye, North Ridgeville locals celebrate with the annual Corn Festival. Folks with hearty appetites enter the corn-eating contest; others compete in the "cornhole" tournament (a regional favorite similar to horseshoes).

Housing is affordable in this Cleveland suburb, with new two-bedroom homes selling for $140,000 and up. Four hospitals are within 10 miles of the city for residents' health-care needs. For fishing, kayaking, or scuba diving, Lake Erie is just a 10-minute drive away.

See complete data on North Ridgeville from Best Places to Live

Homes for sale in North Ridgeville

NEXT: Canyon Lake, TX

Last updated September 22 2008: 11:09 AM ET
Source: Home prices, income stats from Onboard Informatics
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