Loading the slideshow

The slideshow requires script be turned on to function.


Powered by
Dec 27, 2013 10:12PM
Great article! There are many cheap Detroit properties currently for sale, and now, anyone can buy these through real estate auction websites (such as  ) which offer $1 no reserve auctions. 
Mar 23, 2013 7:44PM
Here we are three years later, and Detroit is filing bankruptcy.  There are neighborhoods that resemble a war zone.  Just a couple weeks ago 48 hours just did an expose on just how bad the city has become.

I feel sorry for anyone who decided to move there based on this list.  The homes might be cheap, but for a lot of reasons far worse than the RE collapse.

Jul 2, 2012 8:24PM

That is the worst possible photo they could have choosen for Dayton, OH.

Apr 26, 2012 6:03PM
Why no mention of Henderson NV.  Seven Hills, Anthem, Paradise Hills...  Nearly new homes with city light views under $200k and almost no crime for miles.  20 minutes from Vegas if one absolutey needs a city fix. 
Mar 26, 2012 3:47PM
I have the money to buy an expensive house; however, my monthly income for SS is less than $800 a month and my savings , while high, compared to most persons, earns so little interest, why, if I had half that amount, I would earned five times as much money, before the never-ending 'recession'. Louisiana, as the lowest in property tax, but I do not get the income tax, nor understand what I would have to pay? The fact is, I have to move from Missouri, back South, as I am one who cannot adapt to winter here.. I look at my life, I have money, yet would be better off on welfare! Charles Murray is now making sense, this is a sign of loss of reason, I was not always so stupid. I'm too old, but not old enough, to sick to earn any extra income and too stupid from ten years of toxic effects of illness, to think for myself. I might move to Memphis, yet away from the city, to a small town, where I am able to drive safely and pay more insurance, for having given up driving, yet there is no cure, or end, only fear of being tossed alive in a 'humane cage', tax payers expense. . Live just to be, while all the taxes and changes annoy me; I knew a better USA, once very proud!. I am no longer cute enough to meet a man who might take me out for dinner, about the most fun I may expect in a week, rather it is the constant boob-tube for me and hope to sleep. I think the USA is wacky, all the young kids sent to war, come back disabled for life, to more violence here in any city; it all seems wacky to me!. If we were not such a nation of religious fanaticism, some of us old useless human consumption beings taking up space, hanging on, needing SS and Medicare may take their leave, but that is shameful, considered a crime here! Live in a small town, hear the gabby god speakers yak the southern way. Send the young to die, how brave, for a few super greedy, wealthy persons, while they pay with their lives, call then patriots, have a parade, cry for them, not caring why?.. Keep the old and tired around forever,  keep on the new medications, live to give it all away to maintain, taxes, medical bills, live and consume. This is why the US is heading down the drain, playing the worlds 'human rights' experts, valuing a mistreated animals, over starving children, false morality, silly pride, too much war and religion, no common sense!  
Nov 18, 2009 12:42PM

Come on anyone who has spent any time in the midwest knows that Detroit is dirty, looks abandoned and has terrible city governance (including schools). So I repeat as said earlier Who the hell would want to live in Detroit? or Memphis for that matter.

Cheap cost of living doesnt = a good place to live.

Oct 20, 2009 5:30PM
Does anyone know of an area where there is serenity of the burbs but cosmopolitan as well. Would love to be close enough to a city without imposition of noisy neighbors right on top of me.
Oct 8, 2009 5:46PM

Hey!! anywhere would be better than living here in las vegas! eewww!! grossss!!! city!!! would love to move and as soon as we can we are on the road!!...

Oct 8, 2009 4:03PM
Who makes these lists? I have been to each and every one of these places in this list and only some are marginally livable. Memphis, Pittsburgh are okay, but Tampa and Orlando? Are you kidding? These are basically Newark with grits...traffic, arrogant people and miserable weather...maybe that is why they are so cheap to live. Tampa has a nice looking skyline, but nothing else...slums and crime are the keyword...Orlando is overbuilt and ugly flat. Why not expand your list and include some "fine" places, like Fort Collins, Colorado, Jefferson City, MO, Salem, Oregon...
Oct 8, 2009 2:57PM

Aside from the fact that Detroit is the capital of the rust belt I don't see any reason for other people not to live there.

Oct 8, 2009 12:35PM

I can speak to many cities in Florida. There are some areas where the prices are 1/3 of what they where 2 years ago.

Many are investing or purchasing their first home. However, in some of these areas with greatly reduced home prices jobs are not easy to come by right now, as alot of these foreclosed homes were lost due to job loss.

If you are looking to purchase a retirement or investment property, Florida is a great bet.

If you already have a job this is a great time to purchase your first home.Smile

Property values will go up eventually.

Oct 8, 2009 11:47AM

Sorry to discriminate, but while on a trip driving on Chicago suburb expressways (non rush hour traffic, no less)  reminds me why I would never purchase a residence in any of your top ten cities.  However, for dwellers in these cities, buy baby buy, ASAP (of course, well within your earnigs potential). 

Oct 8, 2009 6:06AM
I lived in Tampa for two and a half years and loved it. But because of family obligations I had to move back to Dallas. I've lived here off and on since the age of twelve, but preferred Tampa by a long shot.
Oct 8, 2009 5:13AM
The big thing with buying vs rent that at least you are building equity!!!  After 10 years the rent is down the toilet!  The trick is to leave your equity and stop being tempted to dig into it.  Not to mention the joy of answering to yourself rather than a landlord.  This ratio won't last long.
Sep 17, 2009 10:24AM
Judging from the way others leaving comments are spelling and writing, they probably did not even notice...but it's spelled Honolulu.  On a professional, public article spelling is important as it reflects on the intelligence of the source.  This was a glaring mistake!
Sep 1, 2009 11:57PM

ExxxonMobil and American Airlines are the big employers in the DFW area... Well, I know one person working for AA and none working for ExMo, but in a survey of my son's high school last year, 23% of the kids had a parent working for Lockheed Martin.  I guess they forgot about them...  Oh, yeah, and that Barnett Shale thing on the Fort Worth side, too...


In contrast to most of the markets listed, DFW has plenty of jobs.  We didn't have a housing bust because we didn't really have a housing boom.  Prices stayed sane through out all the craziness that gripped the rest of the country.  My house has actually appreciated 3% since I bought it three years ago- how many parts of the US can say that?? 

Sep 1, 2009 6:55PM

I don't think it is fair that my house in rural Southeastern Colorado has lost nearly 2/3 of it's appraised value in just the past five years. There are single family homes offered for sale in this town for as little as $12,000, but they are NOT selling. There is NO work here anymore, you need an income to pay a mortgage, even on a cheap house

Aug 26, 2009 7:42PM

Most of these cities are run by status quo Liberals and have high crime rates...do the math.

Aug 26, 2009 5:53PM

You could have at least found a more recent picture of Pitsburgh! My Word! That's Three Rivers Stadium there on the North Side!!!!



Aug 26, 2009 3:17PM
I am an "average white joe" from Pittsburgh who now lives in another city.  I have many African American friends who remark that they love Pittsburgh because it is very friendly, as opposed to their hometown - one thing I noticed immediately about my new city.  Yes, there is racism anywhere people look for it, but Pittsburgh has always been proud of its diversity and racism has never been a sustaining divisive factor in the area.
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
100 character limit
Are you sure you want to delete this comment?


video on msn real estate