9 best housing markets for first-time home buyers

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9. Tampa, FL

9. Tampa, FL

Zillow Home Value Index: $163,600

Available Inventory: High

People spend an estimated 15.2% of their monthly income for mortgage payments in Tampa, FL, but an estimated 32.2% of their monthly income for rent.

Source: Zillow

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8. Houston, TX

8. Houston, TX

Zillow Home Value Index: $172,100

Available Inventory: Average

People spend an estimated 12.5% of their monthly income for mortgage payments in Houston, TX, but an estimated 30.5% of their monthly income for rent.

Source: Zillow

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7. St. Louis, MO

7. St. Louis, MO

Zillow Home Value Index: $141,900

Available Inventory: High

People spend and estimated 11.2% of their monthly income for mortgage payments in St. Louis, MO, but an estimated 23.4% of their monthly income for rent.

Source: Zillow

6. Oklahoma City, OK

6. Oklahoma City, OK

Zillow Home Value Index: $132,500

Available Inventory: Average

People spend and estimated 11.0% of their monthly income for mortgage payments in Oklahoma City, OK, but an estimated 25.6% of their monthly income for rent.

Source: Zillow

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5. Chicago, IL

5. Chicago, IL

Zillow Home Value Index: $193,800

Available Inventory: High

People spend an estimated 14.0% of their monthly income for mortgage payments in Chicago, IL, but an estimated 31.1% of their monthly income for rent.

Source: Zillow

4. Cleveland, OH

4. Cleveland, OH

Zillow Home Value Index: $125,500

Available Inventory: High

People spend an estimated 11.0% of their monthly income for mortgage payments in Cleveland, OH but an estimated 26.2% of their monthly income for rent.

Source: Zillow

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3. Memphis, TN

3. Memphis, TN

Zillow Home Value Index: $112,100

Available Inventory: Average

People spend an estimated 10.9% of their monthly income for mortgage payments in Memphis, TN but an estimated 27.0% of their monthly income for rent.

Source: Zillow

2. Pittsburgh, PA

2. Pittsburgh, PA

Zillow Home Value Index: $126,700

Available Inventory: High

People spend an estimated 10.6% of their monthly income for mortgage payments in Pittsburgh, PA but an estimated 24.2% of their monthly income for rent.

Source: Zillow

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1. Indianapolis, IN

1. Indianapolis, IN

Zillow Home Value Index: $130,200

Available Inventory: High

People spend an estimated 11.0% of their monthly income for mortgage payments in Indianapolis, IN but an estimated 26.1% of their monthly income for rent.

Source: Zillow

The 18 most 'miserable' countries in the world

The 18 most 'miserable' countries in the world

The 18 most 'miserable' countries in the world

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