The 25 Best Cities To Move to With Cheap Housing and a Strong Job Market

• Typical home value: $214,995

• Typical rent: $1,202

• Unemployment rate: 3.4%

• Labor force participation rate: 64.8%

• Median household income: $58,697

• Livability score (out of 100): 72

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• Typical home value: $202,017

• Typical rent: $1,286

• Unemployment rate: 3.4%

• Labor force participation rate: 65.6%

• Median household income: $60,628

• Livability score (out of 100): 66

• Typical home value: $284,822

• Typical rent: $1,294

• Unemployment rate: 3%

• Labor force participation rate: 70.9%

• Median household income: $67,846

• Livability score (out of 100): 84

• Typical home value: $181,423

• Typical rent: $1,006

• Unemployment rate: 3.9%

• Labor force participation rate: 59.2%

• Median household income: $43,135

• Livability score (out of 100): 82

• Typical home value: $194,348

• Typical rent: $1,309

• Unemployment rate: 3.5%

• Labor force participation rate: 58.1%

• Median household income: $48,524

• Livability score (out of 100): 73

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• Typical home value: $208,400

• Typical rent: $1,259

• Unemployment rate: 3.5%

• Labor force participation rate: 67.4%

• Median household income: $64,251

• Livability score (out of 100): 81

• Typical home value: $211,819

• Typical rent: $1,256

• Unemployment rate: 3.7%

• Labor force participation rate: 64.7%

• Median household income: $56,648

• Livability score (out of 100): 75

• Typical home value: $187,450

• Typical rent: $1,744

• Unemployment rate: 3.2%

• Labor force participation rate: 62.1%

• Median household income: $58,349

• Livability score (out of 100): 77

• Typical home value: $202,485

• Typical rent: $1,094

• Unemployment rate: 4%

• Labor force participation rate: 66%

• Median household income: $60,712

• Livability score (out of 100): 68

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• Typical home value: $192,114

• Typical rent: $981

• Unemployment rate: 4.2%

• Labor force participation rate: 64%

• Median household income: $49,853

• Livability score (out of 100): 66

• Typical home value: $212,016

• Typical rent: $1,322

• Unemployment rate: 3.7%

• Labor force participation rate: 64%

• Median household income: $49,733

• Livability score (out of 100): 79

• Typical home value: $262,440

• Typical rent: $1,210

• Unemployment rate: 3.6%

• Labor force participation rate: 64.5%

• Median household income: $42,351

• Livability score (out of 100): 73

• Typical home value: $286,124

• Typical rent: $1,390

• Unemployment rate: 3.3%

• Labor force participation rate: 69.9%

• Median household income: $70,202

• Livability score (out of 100): 83

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• Typical home value: $235,075

• Typical rent: $1,228

• Unemployment rate: 3.8%

• Labor force participation rate: 59.6%

• Median household income: $43,450

• Livability score (out of 100): 74

• Typical home value: $194,277

• Typical rent: $1,499

• Unemployment rate: 3.7%

• Labor force participation rate: 57%

• Median household income: $43,584

• Livability score (out of 100): 77

• Typical home value: $227,390

• Typical rent: $1,469

• Unemployment rate: 3.7%

• Labor force participation rate: 61.6%

• Median household income: $44,156

• Livability score (out of 100): 76

• Typical home value: $302,883

• Typical rent: $1,603

• Unemployment rate: 3.2%

• Labor force participation rate: 70%

• Median household income: $60,998

• Livability score (out of 100): 81

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• Typical home value: $246,401

• Typical rent: $1,395

• Unemployment rate: 3.8%

• Labor force participation rate: 69%

• Median household income: $65,256

• Livability score (out of 100): 78

• Typical home value: $231,648

• Typical rent: $1,389

• Unemployment rate: 3.9%

• Labor force participation rate: 60.2%

• Median household income: $46,184

• Livability score (out of 100): 79

• Typical home value: $235,574

• Typical rent: $1,267

• Unemployment rate: 4.1%

• labor force participation rate: 66.2%

• Median household income: $58,233

• Livability score (out of 100): 84

Laura Beck and Jordan Rosenfeld contributed to the reporting for this article. 

Methodology: In order to identify cities in the U.S. that have plenty of jobs and cheap housing, GOBankingRates gathered information on the top 200 biggest housing markets in the U.S., according to Zillow. To be considered for ranking, each city had to have data available on: its June 2024 typical home value, according to Zillow, its June 2024 typical monthly rent, according to Zillow and (3) its Metro Statistical Area unemployment rate, according to the June 2024 Bureau of Labor Statistics data. The 48 cities in the final ranking have values lower than the U.S. national average in all 3 of the above factors. The highlighted cities were then scored on all three factors and ranked against each other, with factors and carrying half as much weight as factor. Supplemental information was also provided on the final 25 cities including labor force participation rate (for the population 16+), median household income from the 2022 American Community Survey and livability score from AreaVibes. All data was collected on and is up-to-date as of Aug. 5, 2024.

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This article originally appeared on GOBankingRates.com: The 25 Best Cities To Move to With Cheap Housing and a Strong Job Market