The Motor City may not produce anywhere near as many cars as it once did, but it’s now home to a burgeoning entrepreneurial and DIY scene. And as far as its real estate prices are concerned, there’s really nowhere to go but up: Detroit is the nation's most affordable housing market, with an average home price of just $64,110.
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Home to the Rock and Roll Hall of Fame and a rockin’ good basketball team, Cleveland is on the comeback trail—but housing prices are still at rock bottom. The average four-bedroom, two-bathroom home goes for $73,073.
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Park Forest, Illinois
This village of around 22,000 people, located about 30 miles outside of Chicago, was built after World War II as a bedroom community. With its convenient commute to a major urban hub and an average home price of $78,392, the town may be a promising place for bargain hunters to scout.
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Jamestown, New York
Known as a hard-luck town and also as the birthplace of Lucille Ball, this western New York community of 30,000 is surrounded by farms and a gorgeous downtown area, yet it's not too far from Pittsburgh. The average home price is $88,891.
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Utica, New York
Utica may have lost the manufacturing plants that fueled its growth, but it still sits at the foot of the majestic Adirondack Mountains and boasts a downtown blessed with a trove of rich, historic architecture—not a bad setting at all for a home with an average price of $92,891.
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With such advantages as coal, railroads, and the Susquehanna River, this valley city grew up fast, along with its neighbor, Scranton (see below). The average house goes for $94,436, and the city offers an easy escape to the nearby Pocono Mountains for summer hiking and winter sports as well as easy interstate access to big East Coast urban centers.
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Flickr via macgodbrad
Calling all fans of The Office: Take a cue from Jim and Pam, and settle down in a sweet little house in Scranton, the home of their fictional employer, Dunder Mifflin. This scrappy Pennsylvania neighborhood of 570,000 residents offers choice pickings for budget-minded buyers, with an average home price of $108,842.
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With a population of 17,000 and proximity to Fort Wayne, this lovely locale in the heart of the Midwest epitomizes small-town living. You can pick up a four-bedroom house for an average cost of $105,614.
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Home to golf's famous Masters Tournament, this lush, quiet town is surprisingly affordable. A typical home sells for $106,567.
Related: Hard Sell: 7 Pretty House Colors That Scare Buyers Away
Flickr via designfeast
Thrifty buyers should check out Palatka, a quaint town in North Central Florida on the St. Johns River, known for azaleas and blue crabs. You can grab your little piece of Florida sunshine at a cut-rate price, with the average abode going for $110,655.
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If you have the money to hire a handyman for every household woe, go ahead. But if you want to hang on to your cash and exercise some self-sufficiency, check out these clever products that solve a million and one little problems around the house. Go now!