24 Best Midwest Cities With Home Values Under $250K
Where in the Midwest should you live for the most comfortable, and affordable, lifestyle? Key findings from the 2026-2027 250 Best Places to Live ranking compiled by U.S. News & World Report indicate 24 Midwestern cities named among the best in the nation also have home values under $250,000.
Looking to buy a home on a tight income? Median home values in Muncie, Indiana are less than $125,000. Homes on the pricier end ($240,000 and up) can be found in Wisconsin (Appleton and Janesville, respectively), Mentor, Ohio and Cicero, Illinois.
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Find out which Midwestern cities ranked among the best in the nation are also a bargain for homeowner budgets.
1. Midland, Michigan
Population: 42,828
Average commute: 14 minutes
Median home value: $206,176
Median household income: $77,812
2. Appleton, Wisconsin
Population: 77,146
Average commute: 17 minutes
Median home value: $241,171
Median household income: $80,704
3. Mentor, Ohio
Population: 46,757
Average commute: 19 minutes
Median home value: $242,906
Median household income: $90,954
4. Bloomington, Illinois
Population: 79,439
Average commute: 14 minutes
Median home value: $216,436
Median household income: $78,431
5. Jefferson City, Missouri
Population: 43,075
Average commute: 13 minutes
Median home value: $224,012
Median household income: $69,877
6. Cedar Rapids, Iowa
Population: 138,542
Average commute: 15 minutes
Median home value: $199,181
Median household income: $69,896
7. Florissant, Missouri
Population: 51,551
Average commute: 23 minutes
Median home value: $150,217
Median household income: $71,752
8. Council Bluffs, Iowa
Population: 62,957
Average commute: 17 minutes
Median home value: $184,120
Median household income: $65,298
9. Parma, Ohio
Population: 76,385
Average commute: 22 minutes
Median home value: $169,616
Median household income: $69,384
10. Janesville, Wisconsin
Population: 65,849
Average commute: 17 minutes
Median home value: $240,406
Median household income: $73,732
11. Grand Island, Nebraska
Population: 53,583
Average commute: 13 minutes
Median home value: $211,946
Median household income: $65,505
12. Oshkosh, Wisconsin
Population: 66,676
Average commute: 14 minutes
Median home value: $189,820
Median household income: $65,185
13. Sheboygan, Wisconsin
Population: 50,214
Average commute: 14 minutes
Median home value: $182,196
Median household income: $64,771
14. Dubuque, Iowa
Population: 59,306
Average commute: 13 minutes
Median home value: $206,792
Median household income: $67,244
15. Fort Wayne, Indiana
Population: 267,292
Average commute: 19 minutes
Median home value: $204,049
Median household income: $61,438
16. Sioux City, Iowa
Population: 86,946
Average commute: 16 minutes
Median home value: $175,394
Median household income: $66,464
17. Dearborn, Michigan
Population: 105,120
Average commute: 19 minutes
Median home value: $208,376
Median household income: $65,990
18. Dearborn Heights, Michigan
Population: 60,037
Average commute: 22 minutes
Median home value: $178,781
Median household income: $62,556
19. Muncie, Indiana
Population: 67,349
Average commute: 15 minutes
Median home value: $121,919
Median household income: $47,902
20. Springfield, Illinois
Population: 114,736
Average commute: 16 minutes
Median home value: $168,387
Median household income: $66,436
21. Kenosha, Wisconsin
Population: 97,032
Average commute: 18 minutes
Median home value: $229,867
Median household income: $70,787
22. Cicero, Illinois
Population: 81,165
Average commute: 29 minutes
Median home value: $247,534
Median household income: $70,124
23. Evansville, Indiana
Population: 118,584
Average commute: 15 minutes
Median home value: $159,620
Median household income: $54,371
24. Wausau, Wisconsin
Population: 40,457
Average commute: 14 minutes
Median home value: $170,199
Median household income: $63,810
This article was provided by MoneyLion.com for informational purposes only and should not be construed as financial, legal or tax advice.
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