If you’re trying to buy a house in the US and your budget is under $250,000, you might feel like the dream is out of reach. But here’s the good news: it’s still possible.
Yes, even with rising prices in many areas, there are states where $250k can actually get you a nice, comfortable home. You don’t need to be rich. You just need to know where to look.
Why $250k Is Still a Powerful Budget to Buy a House?
Buying a house sounds like a big thing—and it is. But $250,000 can go a long way in the right places.
While homes in cities like New York or San Francisco are way over this price range, there are many states where that same amount can get you a 3-bedroom house, a yard, and maybe even a quiet street to enjoy.
At the start of your search, it’s normal to feel overwhelmed. You might ask:
- Are there still good homes under $250k?
- Will I be stuck in the middle of nowhere?
- Can I live near a city or have access to jobs?
The answer is: yes, yes, and yes.
Let’s take a look at the states where your budget still matters—and matters a lot.
The Best States to Buy a House for Under $250k
1. Indiana: Affordable Living With a Friendly Feel
Indiana is a hidden gem for people looking to buy a home without spending a fortune. The cost of living is low, and many small cities and towns still have houses for under $250k.
Example: In cities like Fort Wayne or South Bend, you can find 3-bedroom homes for under $200,000—sometimes even less. These places are calm, with schools, parks, and space to breathe.
Why It’s Great:
- Low property taxes
- Easy access to schools and health care
- A strong sense of community
2. Ohio: City Life Without the Big Price
Ohio is another great option. You can live in or near cities like Columbus, Cincinnati, or Cleveland and still find affordable homes.
Example: In suburbs around Columbus, you’ll find updated homes around $220k. In smaller towns like Springfield or Youngstown, prices can drop to $150k or lower.
Why It’s Great:
- Mix of city and small-town life
- Solid job market
- Plenty of nature and green areas
3. Missouri: Budget-Friendly and Beautiful
Missouri offers a calm lifestyle, good schools, and homes that still respect your budget.
Example: In Springfield (not to be confused with Illinois), you can buy a lovely home for around $180,000. Kansas City and St. Louis have more job opportunities but still offer homes around $230k.
Why It’s Great:
- Beautiful nature and seasons
- Family-friendly
- Reasonable cost of living
4. Michigan: Waterfront Homes That Won’t Break the Bank
Yes, even near lakes, you can still buy a house under $250k in Michigan. Cities like Grand Rapids, Lansing, or even close to Lake Huron have affordable options.
Example: In Grand Rapids, $230,000 can get you a move-in-ready home. In towns like Kalamazoo or Saginaw, homes may cost as little as $150k.
Why It’s Great:
- Access to lakes and nature
- Growing cities with lots of charm
- Good value for your money
5. Texas (Smaller Cities): A Growing State With Hidden Deals
While big cities like Austin and Dallas are expensive, smaller towns in Texas still offer great homes at low prices.
Example: In places like Wichita Falls, Temple, or Lubbock, you can buy a solid 3-bedroom home for around $200k.
Why It’s Great:
- No state income tax
- Plenty of sunshine
- Fast-growing job markets
What Makes a State Good for Buying a House?
When you’re deciding where to buy a house, it’s not just about the price. Here are some things that matter too:
Job Opportunities
Can you find work nearby? A low-cost home won’t help if you have to drive hours to find a job.
Safety
Is the neighborhood safe? Check online reviews or ask people who live there.
Schools
If you have kids or are planning to, schools matter. Some affordable towns also have great school districts.
Healthcare Access
Having a hospital nearby brings peace of mind, especially for families or older adults.
Community Feel
Do people greet you when you walk by? Small things like that show if a place has a strong, friendly vibe.