this The Midwest is becoming a more attractive place for plant rootsGiven the cost of housing, it may be at least 30% cheaper than living in major coastal subways like New York City or Los Angeles.
In fact, according to one person, according to one, among the 10 most accessible metropolises, young homeowners are in the Midwest Consumer analysis Data from the U.S. Census Bureau and the Federal Financial Institutions Examination Commission (FFIEC) were released on July 29.
The Midwest cities with the highest rates of home ownership under the age of 35 include:
- Omaha, Nebraska (18.2%)
- Grand Rapids, Michigan (21.1%)
- Iowa Monks (19.8%)
- Wichita, Kansas (18.4%)
- Cincinnati, Ohio (17%)
- Minneapolis, Minnesota (16.5%)
- Akron, Ohio (14.2%)
Minneapolis is also considered one of the most affordable places to live According to Zillowand other Midwest cities such as St. Louis, Detroit, Indianapolis, Cleveland, Cincinnati and Kansas City.
All of these are cities, where half or more of the houses are considered affordable. Zillowwhich means housing consumes less than 30% of a typical household budget.
Median house prices in many Midwest cities hover between $200,000 and $275,000, while the national median has exceeded $400,000, Danielle Andrews Real estate group next generation,Tell wealth. She added that this price gap could reduce monthly housing costs by 30% to 50%, even before considering lower property taxes and insurance.
Why is ZZ moving
During the pandemic, many professionals Move to location When working from home, the weather and amenities are more attractive. But now, many workers are forced to return to their offices, housing costs continue to rise, and these cities don’t always mean financially to homeowners.
Andrews says she has been with several Buyers of Generation Z– Especially remote workers and young professionals who will leave higher cost areas like Florida to provide more affordable housing.
“For many people, it’s not just a cheaper home, but it’s about being able to build wealth earlier without drowning in expenses,” Andrews said. She also cited Storagecafe statistics Gen Z and millennials account for nearly 30% of all interstate actorsstates such as Indiana and Wisconsin have seen some of the biggest gains.
one realtor.com Analysis published Tuesday also showed that suburban postal codes in the Midwest are heating up in 2025, meaning they are attracting attention through lifestyle appeal, relative affordability and strong links to nearby economic hubs.
“The Northeast and Midwest dominate, driven by buyers in high-cost metropolis, looking for opportunities to relieve relief without sacrificing jobs and amenities.” realtor.com Chief economist Danielle Hale said in a statement. “Many of these communities also offer newer homes than the surrounding area, emphasizing the critical role of new and fill construction in meeting today’s buyer needs, even in tough markets.”
In an analysis of interest in areas that offer more space, more jobs and higher value, Realtor.com found that three of the 10 hottest zip codes are located in the Midwest cities in Ballwin, Missouri. Strangthville, Ohio; and Bexley, Ohio. Although the prices of these three cities are higher than those of their respective metropolitan areas, their prices remain moderate nationwide.
Although House prices are rising in the MidwestAccording to Redfin, the region remains the most affordable home buying area in the country. With Detroit’s price of $180,000, Detroit’s median sales price is the lowest, Redfin data shows, or Cleveland’s about $217,000. The median housing prices in both cities are about half of the overall U.S. figure.
“It is important that the cost of living (in the Midwest) especially for essentials like groceries, gas and health care, is better aligned with local wages, allowing Gen Z buyers not only to pass, but actually succeed,” Andrews said. “The Midwest is no longer affordable: it’s the ideal to redefine a successful generation.”
