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Flint, Michigan Named Most Affordable City in WalletHub Study

5/20/2026

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Summary

Story summary

WalletHub’s study named Flint, Michigan the most affordable city, with a median home price of $66,000.
The study placed Detroit second and Surprise, Arizona third, and noted median home prices rose from $313,000 in 2019 to $403,200 in 2026, with the 30-year fixed mortgage rate at 6.37% in May 2026.
Ranking used ten metrics like cost per square foot and vacancy rates, with no Florida city entering the top ten.

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Story summary

WalletHub’s study named Flint, Michigan the most affordable city, with a median home price of $66,000.
The study placed Detroit second and Surprise, Arizona third, and noted median home prices rose from $313,000 in 2019 to $403,200 in 2026, with the 30-year fixed mortgage rate at 6.37% in May 2026.
Ranking used ten metrics like cost per square foot and vacancy rates, with no Florida city entering the top ten.