Lansing-East Lansing, Mich.
Most Affordable
Rank: 2
Homes affordable to median-income families: 96.2%
Affordable homes Q2 2004: 90.6%
Median home price: $88,000
Median family income: $67,000
Unemployment rate: 12.7%
Lansing, located on the banks of the Grand River, is the state capital. A two-hour drive from Detroit, it is next to East Lansing, home of Michigan State University's 5,200-acre campus. Like much of the Midwest, prices in the Lansing area never skyrocketed during the housing boom and remain affordable for most people with a median income.
