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Baltimore, Maryland, USA cityscape overlooking little italy and neighborhoods.

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Heres a look at the five Southern citieswhere you might buy a home for under $100,000.

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GOBankingRates also found that the average monthly mortgage payment comes in under $1,000 at around $842.

Pockets of New Orleans can be expensive for both real estate and cost of living.

In fact, GOBankingRates found that the average monthly cost of living comes in around $3,520.

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Baltimore, Maryland

Baltimore is historically steeped in all things Americana.

Residents have an estimated annual cost of living of about $41,697 as reported by GOBankingRates.

Using both listings the percentage of homes under $100k was calculated for each city.

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Using this data the percentage of the population ages 65 and over can be calculated.

The average single-family home value was sourced from Zillow Home Value Index for December 2024.

The cities were sorted by the highest percentage of home listings under $100k.

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All data was collected on and is up to date as of Feb. 14, 2025.

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