2023’S MOST AFFORDABLE CITIES IN THE U.S. FOR HOME BUYERS

• Honolulu has the lowest median real-estate tax rate, 0.30 percent, which is 12 times lower than in Waterbury, Connecticut, the city with the highest at 3.59 percent.

• Flint, Michigan, has the highest rent-to-price ratio, 26.64 percent, which is 16 times higher than in Santa Monica, California, the city with the lowest at 1.66 percent.

• Miami Gardens, Florida, has the highest median home price appreciation, 94.61 percent, which is 59.1 times higher than in Hampton, Virginia, the city with the lowest at 1.60 percent.

• Miami Beach, Florida, has the highest vacancy rate, 35.24 percent, which is 17.4 times higher than in South Gate, California, the city with the lowest at 2.02 percent.

To view the full report and your city’s rank, and to understand the methodology and/or request data sets for specific cities, visit: wallethub.com/edu/most-affordable-cities-for-home-buyers/121950.

BY DUTCH MENDENHALL