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

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Austin, Texas

Courtesy of ACVB/Andrew Shapter

Austin City Limits Music Festival.

The median home price in the Austin area was nearly $197,000 in the second quarter of this year, a slight increase from a year earlier. After a 20 percent down payment of $39,400, monthly payments for mortgage principal and interest on a median-priced home in Austin come to $782.

Learn more about Austin, Texas.

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