What state has the cheapest housing?
Puerto Rico has the lowest median home value at $124,600, per Census ACS 5-Year estimates.
Context
States with the cheapest housing typically have low population growth, abundant land, and weaker job markets. Affordability often comes with trade-offs in income and employment opportunity.
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Puerto Rico has the lowest median home value at $124,600, per Census ACS 5-Year estimates.
Source: U.S. Census Bureau ACS, 2026.