Cities Where Renters Can't Afford a Starter Home

Congratulations to California. It has 8 of the top 15 least affordable cities in the nation for which to try to buy a starter home. 

Affordable Starter Homes 

Point2Homes located four cities where renters can afford a starter home. 

They are Detroit, MI; Tulsa, OK; Memphis, TN; and Oklahoma City, OK. 

In Oklahoma City, renters made $140 above the amount required.

The starter home’s new and simplified definition is “the most affordable home in town.” However, this simplified definition does nothing to simplify matters for first-time buyers. The change in definition can’t mask the painful reality: Even starter homes — which should represent the epitome of affordability — are increasingly becoming anything but.