Top Affordable Areas for Empty Nesters: Where to Find Affordable Homes

Monday, 1 April 2024, 12:30

Housing affordability has been a challenge for empty nesters due to a 40-year low in housing costs. Fortunately, there are still affordable cities across the country for retirees with lower housing and healthcare costs. Explore top locations like Youngstown, Jonesboro, Brownsville, Tuscaloosa, and Lynchburg for activities and amenities that won't break the bank.

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Ranked: Top Affordable Locations for Empty Nesters to Buy Homes

Housing affordability reached a 40-year low last year, making it harder for empty nesters to find inexpensive places to live. Thankfully, there are still some places across the country where you can find affordable housing; you just need to know where to look.

1. Youngstown, Ohio

Housing costs: 35% below the national average
Retirees looking for affordable housing and inexpensive healthcare costs will have difficulty beating Youngstown, Ohio.

2. Jonesboro, Arkansas

Housing costs: 29% below the national average
The home of Arkansas State University is also a great place for empty nesters looking for outdoor activities.

3. Brownsville, Texas

Housing costs: 29% below the national average
Brownsville, Texas, packs plenty of big adventures into a medium-sized city.

4. Tuscaloosa, Alabama

Housing costs: 24% below the national average
College football fans don't need an introduction to the home of the University of Alabama.

5. Lynchburg, Virginia

Housing costs: 22% below the national average
Lynchburg, Virginia, is an excellent location for retirees who love the mountains and the city.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.