san francisco has solidified its reputation as the city with the least affordable housing, where you need to earn more than $142,000 to afford a median priced home the west coast hub of america’s booming tech industry was named the most unaffordable metropolitan area in the us by hshcom, a mortgage tracking site, which estimated how much money a person must earn annually to afford the principal, interest, taxes and insurance payments in 27 metro areas across the country the mortgage research company based its estimates on the national association of realtors' fourth quarter data for median home prices, and its own data on average interest rates for 30 year, fixed rate mortgages and a 20 per cent downpayment scroll down for video  nation's housing market: mortgage tracking site hshcom estimated how much salary a person must bring in to afford the principal, interest, taxes and insurance payments in 27 metro areas across the country  golden city: a home buyer is san francisco has to earn $142,448 to keep up with monthly payments of $3,323 for a median priced house  going for a song: pittsburgh ranked the most affordable metro area in the country for the third quarter in a row, requiring a salary of under $32,000  based on the estimates, pittsburgh ranked the most affordable metro area in the country for the third quarter in a row, requiring a salary of under $32,000 the historic ‘steel city’ also had the lowest median home price at $135,000, and it tied washington dc for the lowest mortgage rate at 398 per cent potential homebuyers operating on a shoestring budget also can find affordable housing in cleveland, st louis and cincinnati, where required salaries range between $32,010 $33,485 on a national scale, with 20 per cent down, a buyer would need to earn a salary of $48,60382 to afford the median priced home boston, new york, los angeles and san diego landed on the high end of a spectrum, requiring salaries of $80,000 and higher to afford homes with median prices ranging between $383,000 $493,000 the big apple, which has the highest mortgage rate in the nation at $422 per cent, was the fourth most unaffordable metro area on hsh's list, requiring homebuyers to earn $87,535 to meet the expense of a house with the median price of $393,000 san diego, california, retained its title as the second most expensive metro in the country thanks to a $95,432 salary requirement big apple: new york city, which has the highest mortgage rate at $422 per cent, was the fourth most unaffordable metro requiring homebuyers to earn $87,535  runner up: san diego, california, retained its title as the second most expensive metro in the country thanks to a $95,432 salary requirement  san francisco, the home of the world's leading tech companies like google and apple, which has become notorious in recent years for stratospheric real estate prices, was once again crowned the king of unaffordable housing a median home price in the bay area was just under $743,000 last quarter, requiring a buyer to earn $142,448 a year just to keep up with monthly mortgage payments of $3,323 the home price gap between the san francisco metro and pittsburgh amounted to a whopping $607,000 ‘home prices in metro areas throughout the country continue to show solid price growth, up 25 per cent over the past three years on average,’ lawrence yun, nar chief economist, told hshcom ‘low interest rates helped preserve affordability last quarter, but it’ll take stronger income gains and more housing supply to help meet the pent up demand for buying’
san francisco 142,448 monthly 3,323 pittsburgh under $32,000 new york city 422 fourth 87,535
a home buyer is san francisco has to earn $142,448 to keep up with monthly payments of $3,323 for a median priced house . pittsburgh ranked the most affordable metro area requiring a salary of under $32,000 . new york city, which has the highest mortgage rate at $422 per cent, was the fourth most unaffordable metro requiring homebuyers to earn $87,535 . mortgage tracking site hshcom estimated how much salary a person must bring in to afford the principal, interest, taxes and insurance payments 