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10 Southern Cities With Plenty of Jobs and Cheap Housing

Kanokwalee Pusitanun / Getty Images/iStockphoto
Kanokwalee Pusitanun / Getty Images/iStockphoto

If you're looking for a mix of Southern charm, affordable housing and ample job opportunities, there are a few cities that will fit the bill.

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GOBankingRates identified the top Southern cities for cheap housing and job availability by analyzing the 200 biggest housing markets in the U.S. as identified by Zillow across several factors, including the typical home value and monthly rent as of February 2023, as well as its metro statistical area unemployment rate, as sourced from December 2022 Bureau of Labor Statistics data. The cities included in the final ranking have values lower than the U.S. national average in all of the above factors.

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Here's a look at the Southern cities where you can find affordable places to live and steady employment.

SeanPavonePhoto / iStock.com
SeanPavonePhoto / iStock.com

1. Birmingham, Alabama

  • Typical home value: $90,289

  • Typical rent: $1,184

  • 2022 unemployment rate: 2.0%

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gatorinsc / Getty Images/iStockphoto
gatorinsc / Getty Images/iStockphoto

2. Huntsville, Alabama

  • Typical home value: $257,800

  • Typical rent: $1,434

  • 2022 unemployment rate: 1.8%

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Jacqueline Nix / Getty Images
Jacqueline Nix / Getty Images

3. Montgomery, Alabama

  • Typical home value: $127,789

  • Typical rent: $1,168

  • 2022 unemployment rate: 2.5%

Sean Pavone / Shutterstock.com
Sean Pavone / Shutterstock.com

4. Oklahoma City

  • Typical home value: $193,301

  • Typical rent: $1,215

  • 2022 unemployment rate: 2.4%

RiverNorthPhotography / Getty Images
RiverNorthPhotography / Getty Images

5. Tallahassee, Florida

Davel5957 / Getty Images
Davel5957 / Getty Images

6. Tulsa, Oklahoma

  • Typical home value: $186,905

  • Typical rent: $1,166

  • 2022 unemployment rate: 2.7%

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Sean Pavone / Shutterstock.com
Sean Pavone / Shutterstock.com

7. Gainesville, Florida

  • Typical home value: $300,135

  • Typical rent: $1,626

  • 2022 unemployment rate: 2.0%

dlewis33 / Getty Images/iStockphoto
dlewis33 / Getty Images/iStockphoto

8. Little Rock, Arkansas

  • Typical home value: $185,392

  • Typical rent: $1,095

  • 2022 unemployment rate: 2.8%

WilliamSherman / Getty Images/iStockphoto
WilliamSherman / Getty Images/iStockphoto

9. Roanoke, Virginia

  • Typical home value: $233,846

  • Typical rent: $1,207

  • 2022 unemployment rate: 2.6%

stockphoto52 / Getty Images/iStockphoto
stockphoto52 / Getty Images/iStockphoto

10. Pensacola, Florida

  • Typical home value: $238,068

  • Typical rent: $1,572

  • 2022 unemployment rate: 2.3%

More From GOBankingRates

Methodology: In order to identify cities in the U.S. that have plenty of jobs and cheap housing, GOBankingRates gathered information on the top 200 biggest housing markets in the U.S., according to Zillow. To be considered for ranking, each city had to have data available on: (1) its February 2023 typical home value, according to Zillow, (2) its February 2023 typical monthly rent, according to Zillow and (3) its Metro Statistical Area unemployment rate, according to the December 2022 Bureau of Labor Statistics data. The 65 cities in the final ranking have values lower than the U.S. national average in all 3 of the above factors. The highlighted cities were then scored on all three factors and ranked against each other, with factors (1) and (2) carrying half as much weight as factor (3). All data was collected on and up to date as of March 14, 2023.

This article originally appeared on GOBankingRates.com: 10 Southern Cities With Plenty of Jobs and Cheap Housing