Affordable Living: Own a Home in This College Town for Under $90K

Home prices have skyrocketed in recent years and it seems as though the American dream of owning a home in any town or city is out of reach. But all hope is not lost and those dreams are still well within reach. There are still many affordable options across the nation. And they even come with great vibes, you simply need to shift your focus.

Many people often look toward big cities or towns when searching for their first home and these areas are notoriously expensive. If you want a beautiful home but don't want to pay sky-high prices, college towns are the perfect place. The nation's most affordable college towns offer nice places to live for bargain-basement prices.

To uncover this list of affordable options to live, 247Tempo.com 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. Now, let's start looking for your next hometown.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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