• Average listing price in area: $64,000
• This home : $120,000
• Description: 4 beds, 1.5 baths, 2,127 square feet

Hit hard by the auto industry's decline, many of Cleveland's residents left the city to find jobs elsewhere.

The shrinking population has created an excess of homes for buyers to choose from, making it the most affordable city on Coldwell Banker's list.

This home is located in Cleveland Heights, where there are good schools and recreational facilities. One-time resident John D. Rockefeller donated part of his estate to the town for the 700-acre Forest Hill Park.

Recently renovated, this home has a modern kitchen, custom glass and ceramic tile baths and new fixtures. The living room boasts hardwood floors and built-in shelves.

For more information: Trulia

NEXT: Flint, Mich.