ALBANY, Ga. — A Georgia city has made a new list of cities with the most homes under $200,000.
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Realtor.com hunted down the top 10 places in the U.S. where there were at least 100 homes for sale for $200K and less during the first week of June.
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The monthly payment on a $200K home with a 20% downpayment would be around $1,500, which is less than the national median rent of $1732.
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Albany, Georgia, came in at #7 on the list, with a median home price of $104,000 and 145 listings under $200k. Around 64% of homes in the south Georgia city were under $200,000.
Albany joins Lauderdale Lakes and Lauderhill, Florida; Cleveland and Akron, Ohio; Detroit and Lansing Michigan; Niagra Falls and Rochester, New York; and Rockford, Illinois.
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