This Is The Cheapest Town In RI To Buy A House, Study Says

Could you live in Central Falls, Rhode Island?

Would your answer change if moving to Central Falls meant you could shave tens of thousands of dollars off the price of a home?

The personal finance website GOBankingRates used data from the Zillow Home Value Index and U.S. Census Bureau population data to find the places in all 50 states where houses are a steal.

According to Zillow, the average single-family home in the United States is valued at about $367,711. In Central Falls, the average is $393,251.

See Also: Rhode Island Home Sales Prices Up From 2024: RIAR

This two-family home on Foundry Street is just $429,000 and located on a dead-end street

The houses may be cheap, but what’s the community of Central Falls like?

It's the smallest city in the state, for one thing, and the most densely populated, for another.

The smallest place on the list is Brian Head, Utah. Originally known as Monument Peak, a town of 49 with a history rooted in exploration and logging. Also, with populations under 100 are a pair of former mining towns often described as “living ghost towns”: Austin, Nevada, population 47, and Johannesburg, California, population 77.

Other specks on the map with populations under 500 include Bly, Oregon (population 123); Davidson, Oklahoma (159); Medicine Lake, Montana (190); Kitzmiller, Maryland (192); Lyon Mountain, New York (240); Drake North Dakota (245); Mystic, Iowa (257); Roxobel, North Carolina (347); Whiteface, Texas (390); Bowie, Arizona (399); Elmore, Minnesota (442); Pierce, Idaho (465); and Lind, Washington (491).