Affordable Real Estate Top Cities for Buying Property Under 300k

The most stunning areas to live in the United States are not necessarily affordable. Property costs are rising in many major U.S. cities, but there are still numerous cities where property can be purchased for an affordable price. In this article, we will take a look at the best cities for buying property under 300K.

How To Choose The Right City With Property Under 300K?

Moving to a new city is not something you should take lightly. Just because a place is affordable does not imply that you will actually enjoy living there. Therefore, take your time and consider the advantages and disadvantages of a place before moving out of the city. When selecting a city, take into account the transport options you require, the style of property available, and the activities you enjoy.

What is appropriate for another family might not be appropriate for your family. As long as you pick a place that suits your demands, you can locate the ideal area to live in without going over budget. The below table will help you decide the right city for you with a property under $300,000, as some affordable cities will be listed here.

CityStateMedian List Price
Las VegasNevada$289,000
Kansas CityKansas$171,038

5 Beautiful Cities for Buying Property Under $300,000

Las Vegas, Nevada

Median list price: $289,000

Photo by Brayden Law on Pexels

When you hear “Las Vegas,” you might immediately visualize the image of “Sin City.” In truth, Las Vegas is a city surrounded by stunning red rock canyons and hiking trails. There is something in Las Vegas for everyone, from shopping and gambling to live shows and world-class restaurants. 

White sand beaches and the numerous casinos in Las Vegas are also popular among the city’s residents. Those people who don’t want to play gambling have a lot of other options. Shopping is a well-liked activity here, and you will find out lots of boutiques and malls. Las Vegas’s cost of living is almost 10% less than the national average. 

Also, the city’s unemployment rate is 4.9%, which is quite low. Single-family houses are the most common type of house in Las Vegas, accounting for 77.6% of all houses that are on the list for sale right now.

Wedgewood, Texas

Median list price: $288,000

Photo by Talena Reese on Pexels

Wedgwood, Fort Worth, is the ideal place to buy houses and real estate properties as it has green spaces, a welcoming atmosphere, and lovely parks. With its strong sense of community, a wide range of local amenities, and great schools, the lively and well-established community of Wedgwood provides its people with a great quality of life. 

You will be delighted to know that there are luxurious brick houses with all the amenities of modern living available to buy. Homes for sale in Wedgwood, Fort Worth, have conventional yet fashionable ranch-style designs and cozy attached garages.

Cleveland, Ohio

Median list price: $98,708

Photo by benjamin lehman on Unsplash

In addition to being affordable, Cleveland is a young city as well. Its median age is about 36, which is a little lower compared to the national average. Cleveland stands out because of its liveliness. The city is well-known for its numerous cultural attractions, which include the renowned Rock & Roll Hall of Fame. 

It has developed into a center for several important industries, including metal manufacturing, information technology, bio-health, and automotive manufacturing, which are luring families and boosting the regional economy. 

For those who enjoy nature, a vast network of nature preserves surrounds the city and encompasses the Lake Erie beaches. The Cleveland Metroparks system has over 300 miles of horse and bicycle trails, walking, as well as nature centers, picnic spots, fishing areas, and golf courses. 

Kansas City, Kansas

Median list price: $171,038

Photo by Taylor Hunt on Pexels

One of the most reasonably priced cities in the country, Kansas is home to entertaining activities, excellent museums, friendly people, and delicious barbecues. Kansas City is a good illustration of how the Midwest has some of the cheapest areas for first-time homebuyers. With median listing prices under $200,000, this area can be perfect for buyers like you who have a tight budget.

Also, if you work in the healthcare industry, then it will be even better for you. The largest sector in Kansas City, Kansas, is health care. Manufacturing and transportation are other important industries in this region due to the location and available space.

Jacksonville, Florida

Median list price: $295,278

Photo by Lance Asper on Unsplash

Jacksonville is situated on the Atlantic Coast, which is in the northeastern part of Florida. Health and biomedical, advanced manufacturing and logistics, and financial services are important industries in Jacksonville. 

The Mayo Clinic, Citibank, UPS, Bank of America, AT&T, and other well-known enterprises have corporate offices in this city. Here, the job market is expanding, and housing costs are lower than the national average.

You have it now! The best 5 cities in the U.S. for property purchases under 300K. These cities are fantastic locations for buying a vacation home as an investment or for settling down. Tourists and netizens who visit these five extraordinary and affordable locations, all admire them similarly.

Author: Shannon Quantock

Buying a home with a friend

High property prices and hefty deposits meant, for many first-time buyers, putting off the dream of owning their first home. But here is an idea – why not to join forces with a friend or two to get your foot on the property ladder?

That’s exactly what more and more young professionals are doing.

Soaring property prices and stagnant wages meant that just over a quarter of those aged between their mid-twenties and mid-thirties can manage to own their own places. Continue reading Buying a home with a friend