Most Affordable US Cities: Cooling Hot Markets Meet Cities Striving for Revival

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A sign over the Flint River in Flint, Mich., on Jan. 26, 2016. AP Photo/Carlos Osorio, FileWhile home prices and mortgage rates remain high in much of the country, a May 19 WalletHub report identifies the most affordable U.S. cities, though it comes with some caveats.The Miami-based personal finance website recently analyzed 300 cities using 10 key metrics, including home purchase and maintenance costs, taxes, insurance, vacancy rates, and cost of living expenses.

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