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Boise, Idaho.

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Many Americans are working from home indefinitely as the coronavirus pandemic continues. You may be considering leaving the expensive big city for a smaller, more affordable option — or for another big city that isn’t quite as tough on your wallet.

If you decide to move to a new area that meets your budget and lifestyle, then you may decide it’s time to buy a home. WalletHub conducted a study to find the best housing markets for first-time buyers. WalletHub looked at 300 cities and used 26 metrics, covering affordability, the real estate market, and quality of life.

Here are the 15 best cities for first-time homebuyers in 2020, along with population data as of July 2019 from the US Census Bureau and median home price as calculated by BestPlaces.net.

15. Centennial, Colorado

Denver, Colorado




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Centennial is a small town near Denver that offers plenty of adventure sports for outdoor lovers.

Population: 110,937

Median home price: $463,700

14. Cedar Rapids, Iowa

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Cedar rapids lies on the Cedar River and is the second-largest city in Iowa. It’s a city that appreciates the arts, with theaters, art museums, and museums for residents to enjoy.

Population: 133,562

Median home price: $132,000

13. Arvada, Colorado

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Arvada is another town near Denver. It has over 150 miles of trails for hiking, running, and horseback riding.

Population: 121,272

Median home price: $409,000

12. Hampton, Virginia

Hampton, Virginia




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This small town could be a good fit for anyone who likes going to the beach, boating, and fishing.

Population: 134,510

Median home price: $167,500

11. Chandler, Arizona

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Chandler is southeast of Phoenix. It’s a family-friendly city with kooky events like its annual Ostrich Festival, which includes ostrich races and theme park rides.

Population: 261,165

Median home price: $319,200

10. Lincoln, Nebraska

Lincoln, Nebraska



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The capital of Nebraska can be a good place to have a family. Spend your weekends visiting the International Quilt Study Center & Museum or strolling around the Historic Haymarket District.

Population: 289,102

Median home price: $180,600

9. Peoria, Arizona

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Peoria is a suburb of Phoenix, and it’s full of trails, parks, libraries, and art centers.

Population: 175,961

Median home price: $285,000

8. North Las Vegas, Nevada

North Las Vegas




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North Las Vegas has a good combination of outdoor activities and nightlife, and its population is relatively diverse.

Population: 251,974

Median home price: $259,000

7. Las Vegas, Nevada

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The Bellagio Hotel’s nightly water fountain show is seen amongst the lights of other casinos on the Las Vegas strip.


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Las Vegas could be a good place for a first-time homebuyer who wants to live in a bigger city. The cost of living is lower than in many large US cities, and of course, there’s always plenty to do.

Population: 651,319

Median home price: $273,200

6. Tampa, Florida

Tampa Florida




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Tampa is another good option for people who want to live in a relatively affordable big city. It has beaches, professional sports teams, and plenty of attractions.

Population: 399,700

Median home price: $219,400

5. Gilbert, Arizona

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Gilbert is southeast of Phoenix. The town is home to shopping districts and parks, and it’s a good place to hike, cycle, or go horseback riding.

Population: 254,114

Median home price: $332,800

4. Chesapeake, Virginia

chesapeake virginia



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Chesapeake is in the Virginia Beach/Norfolk area, and it’s a worthwhile option for anyone who wants to live near natural beauty.

Population: 244,835

Median home price: $270,300

3. Thornton, Colorado

Denver Colorado




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You might like living in Thornton if you want to be near the big city of Denver, but you want a small-town feel. You can participate in town activities like the annual Bike to Work Day.

Population: 141,464

Median home price: $365,400

2. Boise, Idaho

Boise Idaho

Boise, Idaho.

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Boise is the capital of Idaho. It’s a great spot for arts, culture, history, and the outdoors.

Population: 228,959

Median home price: $303,100

1. Henderson, Nevada

henderson nevada



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Henderson is near Las Vegas, and it’s a hot spot to golf, shop, and hike. There are also plenty of opportunities for water sports on Lake Mead.

Population: 320,189

Median home price: $326,900

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