El Reno, Oklahoma
Metro area: Oklahoma City
Monthly mortgage payment: $672
Why El Reno Is a Great Place to Live
Even though all the suburbs on this list offer mortgages under $1,000 per month, El Reno, Oklahoma, is particularly affordable when it comes to housing. The median home list price in the Oklahoma City suburb is only $139,900, which is the fourth-cheapest home list price in this study.
For context, that’s nearly $150,000 below the national median — meaning you could buy two houses in El Reno for the price of an average home in the U.S.
