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Least Affordable Metro Areas

| 20 Mar 2009 | 12:48 PM ET
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High Cost Living
Photo: Eric Fredericks
If you’re looking for inexpensive housing, stay clear of the East and West coasts: They are home to some of the least affordable metro areas in the country. Take a look at the top 10, ranked by the percentage of affordable homes for families making a median salary in that area.Source: National Association of Home Builders/Wells Fargo Housing Opportunity Index. Based on fourth quarter 2008 data. Posted 20 Mar 2009»Slideshow: Most Affordable Metro Areas

10. El Paso, Texas
Photo: Paul Garland
Median home price: $131,000 Median family income: $37,200 Share of affordable homes: 33.9% »Slideshow: Most Affordable Metro Areas

9. Santa Ana-Anaheim-Irvine, Calif.
Photo: April Younglove
Median home price: $388,000 Median family income: $84,100 Share of affordable homes: 33.5% »Slideshow: Most Affordable Metro Areas

8. Miami-Miami Beach-Kendall, Fla.
Photo: Markus
Median home price: $225,000 Median family income: $49,200 Share of affordable homes: 32.5% »Slideshow: Most Affordable Metro Areas

7. Santa Cruz-Watsonville, Calif.
Photo: Aaronbrick
Median home price: $400,000 Median family income: $79,900 Share of affordable homes: 29.1% »Slideshow: Most Affordable Metro Areas

6. Ocean City, N.J.
Photo: Marc Gallant
Median home price: $379,000 Median family income: $65,500 Share of affordable homes: 27.9% »Slideshow: Most Affordable Metro Areas

5. Los Angeles-Long Beach-Glendale, Calif.
Photo: Eric Fredericks
Median home price: $319,000 Median family income: $59,800 Share of affordable homes: 26.9% »Slideshow: Most Affordable Metro Areas

4. Nassau-Suffolk, N.Y.
Photo: Peter Bond
Median home price: $391,000 Median family income: $97,100 Share of affordable homes: 25.5% »Slideshow: Most Affordable Metro Areas

3. San Luis Obispo-Paso Robles, Calif.
Photo: Omar Bárcena
Median home price: $376,000 Median family income: $67,000 Share of affordable homes: 20.7% »Slideshow: Most Affordable Metro Areas

2. San Francisco-San Mateo-Redwood City, Calif.
Photo: Wonderlane
Median Home Price: $575,000 Median Family Income: $94,300 Share of affordable homes: 20.6% »Slideshow: Most Affordable Metro Areas

1. New York-White Plains-Wayne, N.J.-N.Y.
Photo: lemoncat1
Median home price: $455,000 Median family income: $63,000 Share of affordable homes: 13.9% »Replay Slideshow»Slideshow: Most Affordable Metro Areas

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