If you haven't considered calling Oklahoma, Alabama, North Carolina, Ohio, Indiana or Arkansas home, maybe you should.
Renters in some locations in these states are living comfortably paying between $400 and $500 each month for a roof above their heads. How's that for budget-friendly?
Here's a look at the ten most affordable cities and towns in America for renters.
Rental apartments in Waynesville run around $510 per month on average. Located in the heart of the Missouri Ozarks, it's the oldest town in Pulaski County. Population here tops off at about 5,300 residents.
Fun fact: Historic Route 66 runs through the city center.
Decatur is the eighth largest city in Alabama, situated along the banks of Wheeler Lake in Morgan County. The city has a population of around 55,000 people, with rental prices running about $508 a month.
Fun fact: Decatur is called the “River City," because of its proximity to the Tennessee River.
Just east of Evansville in Warrick County along the Ohio River, you'll find the small town of Newburgh, IN. This quiet town only has about 3,300 people and rent is slightly more than $500 a month.
Fun fact: Newburgh was the first town north of the Mason-Dixie line captured by Confederate forces.
You can live comfortably in Asheboro, NC for just over $500 a month. It's based in the geographic center of North Carolina and is in the heart of the Uwharrie Mountains.
The area offers old growth forests, a historic downtown and farmland. Enjoy golfing, NASCAR events and nearby vineyards. And, this part of the state is a haven for Southern cuisine.
Fun fact: The North Carolina Zoo, located in Asheboro, is the world's largest natural habitat zoo.
Fort Smith, AR has a monthly rental rate of just under $500. On the banks of the Arkansas River, it's located in northwest Arkansas on the Arkansas-Oklahoma border near the junction of Interstates 40 and 49.
Fun Fact: The city's slogan is "Where the New South Meets the Old West" and it's now the second largest city in Arkansas.
Monthly rent in Lawton, OK comes in right around the $475 mark. Lawton's population is just under 100,000 and receives high livability scores for amenities, cost of living and schools. Lawton is also home to the Comanche National Museum and Cultural Center and the Museum of the Great Plains
Fun Fact: Oklahoma is known as a relatively flat state, but some of its biggest mountains are located near Lawton — Mount Scott is more than 2,400 feet tall!
Home to Eastern Illinois University, rent in Charleston will cost you just under $470 a month. Although there's a population of almost 22,000, the median age of residents in this college town is only 25.
Fun fact: The first Jimmy John's franchise in the country opened in Charleston in 1983.
Siloam Springs is the second Arkansas location in the top 10 most affordable cities list. Renters in this city are paying $460 a month for a one-bedroom apartment.
The scenic Sager Creek, with its rock wall-lined banks, flows through downtown. Home to John Brown University, a private Christian liberal arts college, the town shares a border on the Arkansas-Oklahoma state line.
Fun fact: Siloam Springs was once named one of the country's best small towns by Smithsonian Magazine.
An oil and agricultural center in Northwest Oklahoma, rent in Enid goes for $443 a month. Although it might seem small, Enid has a population of about 50,000 and is home to corporations and entrepreneurial businesses, such as food processing, metal fabricating and machine shop industries.
Fun fact: Enid has one of the world's largest grain storage facilities.
With just about 40,000 people, Florence, AL claims the top spot as the most affordable city in the country. Renters here can find a one-bedroom apartment for $401 a month.
Florence offers a historical downtown, picturesque bluffs overlooking the Tennessee River and is home to the University of North Alabama.
Fun fact: Florence was reportedly named after the Italian city in Tuscany.
If these 10 locations don't do it for you, there are plenty of other affordable cities in America. Here are the top 100 markets with the lowest rent prices — all are under $690 a month.
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The rent information included in this article is based on May 2019 one-bedroom rental property inventory on ApartmentGuide.com and is used for illustrative purposes only. Cities were excluded if they did not have at least five properties in our available inventory. The data contained herein does not constitute financial advice or a pricing guarantee for any apartment.
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