Urban planning/policy consultancy Demographia just released their 13^th Annual Demographia International Housing Affordability Survey, utilizing 2016 3^rd Quarter housing affordability data for metropolitan areas with a population over 1,000,000. The rankings were created from the median multiple, which is the median house price/median household income.

Most Affordable Major Housing Markets in the U.S. (by Median Multiple):

1. Rochester, NY: 2.5
2. Buffalo, NY: 2.6
3. Cincinnati, OH: 2.7
4. Cleveland, OH: 2.7
5. Pittsburgh, PA: 2.7
6. Oklahoma City, OK: 2.9
7. St. Louis, MO: 2.9
8. Detroit, MI: 3.0
9. Grand Rapids, MI: 3.0
10. Indianapolis, IN: 3.0
11. Kansas City, MO: 3.0

To view the full survey, please visit the link below:

http://www.demographia.com/dhi.pdf