The most affordable city-like suburbs: Zillow-Yelp study

Top affordable U.S. suburbs with a city feel. Graphic and study by Zillow and Yelp.

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The suburbs moved into the spotlight this spring when the coronavirus pandemic untethered office workers from big city jobs — but bucolic living doesn’t have the same appeal for everyone.

A new study shows which affordable U.S. suburbs offer the highest-quality urban amenities including restaurants, nightlife and the arts. Two New England towns, Waterbury, Conn. and Lowell, Mass. topped the list, according to the analysis by Zillow and Yelp, based on affordability and availability of housing, diversity of business types and level of consumer activity.

“These towns have a lot of options for would-be homeowners who want big city vibes with nightlife and culture, but maybe here they can get a house that meets their wishlist for less money,” said Amanda Pendleton, Zillow home trends expert.

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WATERBURY, CT - JANUARY 28: A general view of atmosphere before the From Broadway with Love: A Benefit Concert for Sandy Hook performance at the Palace Theater on January 28, 2013 in Waterbury, Connecticut. (Photo by David Surowiecki/Getty Images)

Waterbury topped the list for its vibrant student life and bustling downtown area, which includes the historic Palace Theater and the Mattatuck Museum of art. Waterbury homes are unusually affordable, selling for a median $139,304 — which is 30% less expensive than homes in nearby New Haven.

Outside Boston, a small city called Lowell offers a downtown area, Lowell National Historical Park and beautiful sights along the Merrimack River — at about half the price ($323,576 median) of its notable neighbor. Edison, N.J., Frederick, Va., and Annapolis, Md. also ranked as top suburbs, solidifying the Northeast’s surprising hold on the list, despite the region’s reputation for high living costs.

“I think a lot of people will look at this list and say they never would have considered some of these places. But that’s the idea — these suburbs are under the radar,” said Pendleton. “These places are kind of like hidden gems within these metro areas in terms of affordability.”

JOLIET, ILLINOIS - JUNE 30: Alex Bowman, driver of the #88 Axalta Chevrolet, leads the field during the Monster Energy NASCAR Cup Series Camping World 400 at Chicagoland Speedway on June 30, 2019 in Joliet, Illinois. (Photo by Jared C. Tilton/Getty Images)

In the Midwest, Joliet, home of the Chicagoland Speedway racetrack in Illinois, came in as the third most city-like low-cost suburb, charging a median $155,018 per home, a 40% discount compared to the median price in Chicago. Norman, Okla., also joined the list, bolstered by its student life, nightlife, coffee shops, and cheap home prices (median $180,833).

Zillow and Yelp also highlighted the home of the California Poppy Festival — Lancaster, Calif. — and outdoorsy Tempe, Ariz.

“Tempe, Arizona looks particularly good to me right now. The proximity to the hiking and parks and lakes — it’s a really neat spot and it's on the rise in terms of growth and development,” said Pendleton.

Cityscape shore view of downtown Tempe Arizona USA over the Salt River and Mill Avenue Bridge

Many Southern towns also offered an attractive quality-of-life while maintaining affordable housing costs — including Sunrise, Fla., near the Everglades, Pasadena, a city near Houston, Tex., Hampton, Va., in the Chesapeake Bay and Marietta, Ga., outside Atlanta.