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Most Affordable Metro Areas

| 20 Mar 2009 | 01:39 PM ET
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Affordable Housing Markets
Photo: CVB
Looking to move to a more affordable area? Take a look at these 10 metro areas, ranked based on the percentage of affordable homes for a family making the median income in that neighborhood. Source: National Association of Home Builders/Wells Fargo Housing Opportunity Index. Based on fourth quarter 2008 data. Posted 20 Mar 2009»Slideshow: Least Affordable Metro Areas

10. Utica-Rome, N.Y.
Photo: Jmancuso
Median home price: $72,000 Median family income: $52,700 Share of affordable homes: 89.7% »Slideshow: Least Affordable Metro Areas

9. Saginaw-Saginaw Township, Mich.
Photo: Hsxeric
Median home price: $73,000 Median family income: $51,600 Share of affordable homes: 90.0% »Slideshow: Least Affordable Metro Areas

8. Canton-Massillon, Ohio
Photo: Malepheasant
Median home price: $82,000 Median family income: $54,600 Share of affordable homes: 91.4% »Slideshow: Least Affordable Metro Areas

7. Battle Creek, Mich.
Photo: CVB
Median home price: $77,000 Median family income: $54,600 Share of affordable homes: 92.1% »Slideshow: Least Affordable Metro Areas

5. Bay City, Mich. (Tied)
Photo: Smezzy
Median home price: $78,000 Median family income: $53,700 Share of affordable homes: 93.1% »Slideshow: Least Affordable Metro Areas

5. Indianapolis-Carmel, Ind. (Tied)
Photo: www.carmel.in.gov.com
Median home price: $103,000 Median family income: $65,100 Share of affordable homes: 93.1% »Slideshow: Least Affordable Metro Areas

4. Springfield, Ohio
Photo: Cindy Funk
Median home price: $77,000 Median family income: $54,500 Share of affordable homes: 93.2% »Slideshow: Least Affordable Metro Areas

3. Lima, Ohio
Photo: Lima Building
Median home price: $75,000 Median family income: $56,900 Share of affordable homes: 93.4% »Slideshow: Least Affordable Metro Areas

2. Sandusky, Ohio
Photo: David Fulmer
Median home price: $85,000 Median family income: $62,300 Share of affordable homes: 94.4% »Slideshow: Least Affordable Metro Areas

1. Lansing-East Lansing, Mich.
Photo: East Lansing
Median home price: $86,000 Median family income: $62,700 Share of affordable homes: 95.0%»Replay Slideshow»Slideshow: Least Affordable Metro Areas

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