7 Places Where You Can Buy a Condo for Under $100K

A big yard, a picket fence, a shiny new car in the driveway — some might say those are parts of a picture-perfect American Dream. Of course, that's not for everyone, and it doesn't have to be. Buying a condo can make a lot of sense for someone who wants to own property but doesn't wan't (or have the option) to buy a house.

Regardless of what kind of property you're buying, it's probably going to be one of, if not the most, expensive purchases you'll ever make. Most people need to take out a home loan in order to do it, and in addition to having enough money saved up for a down payment, you'll also need to have pretty good credit to get mortgage approval. (You can view two of your credit scores for free each month on Credit.com.)

Even though a condo is a big-ticket item, affordable options exist. We looked at listings on real estate search site Zillow and rounded up 10 cities where you can buy a condo for $100,000 or less (not including things like closing costs, condominium association fees and property taxes).

1. Salt Lake City

Neighborhood: Central Salt Lake City
Listing price: $85,000
Details: Two bedrooms, two bathrooms, 720-square-feet

2. Cincinnati, Ohio

Neighborhood: Eden Park
Listing price: $99,900
Details: Two bedrooms, one bathroom, 538 square feet

3. Indianapolis

Neighborhood: Meridian Park
Listing price: $69,900
Details: Two bedrooms, one bathroom, 940 square feet

4. Portland, Oregon

Neighborhood: Centennial
Listing price: $89,900
Details: One bedroom, one bathroom, 724 square feet

5. Austin, Texas

Neighborhood: Far North Austin
Listing price: $69,900
Details: One bedroom, one bathroom, 516 square feet

6. Dallas

Neighborhood: Far North Dallas
Listing price: $91,900
Details: One bedroom, 1.5 bathrooms, 827 square feet

7. Atlanta

Neighborhood: Lindbergh
Listing price: $99,000
Details: One bedroom, one bathroom, 859 square feet

You can see the full list of places where you can a condo for under 100K on Credit.com.