Where to Own a Home for Under $800 a Month

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Despite all the misery the housing crisis has wrought, it also has provided some amazing real estate deals for buyers in a position to make their move. U.S. News & World Report highlights this development with their current list of 10 metropolitan areas where one can easily purchase a home with a monthly payment of $800 per month or lower. While that amount does not include monthly costs for utilities, insurance, taxes or closing costs, it still ends up as a sweet deal for many looking to become homeowners. Top cities include Austin, Minneapolis, Albuquerque and Phoenix.

Check out our
gallery for the whole list.
Still trying to decide which is right for you? Here are some
AOL Real Estateguides to help you no matter whether you choose to buy or rent:

More on AOL Real Estate:
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.

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