Verkkoif you’re on a budget and have maybe been struggling to find affordable listings in the current housing market, you’re in luck. Verkkocheck out these cities where you can buy a lake home for under $250,000. All median home values come from redfin.

Verkkoready to make the leap into homeownership? Discover 11 cities where affordable housing is still a reality under $250,000. Verkkoyou likely need an income of at least $65,000 to afford a $250,000 house β€” and possibly more depending on your other debt obligations and the cost. Verkkobuyers want that desirable combination of an affordable home in a safe and prosperous neighborhood. There are good options that meet those criteria. Verkkowhen the median home value in your area is $1 million or more, a 20% down payment alone comes to $200,000. That’s why gobankingrates has.

There are good options that meet those criteria. Verkkowhen the median home value in your area is $1 million or more, a 20% down payment alone comes to $200,000. That’s why gobankingrates has.