Where to Buy a Home for Less Than $800 a Month


Sarasota, Fla.

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(Marje Cannon/iStockphoto.com)

The median home price in the Sarasota area was $185,000 in the second quarter of this year. After putting 20 percent—or $37,000—down, monthly payments for mortgage principal and interest on a median-priced home in the Sarasota area adds up to $734.

Next: Albuquerque, N.M.

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