If you're in the market for a home but don't want to shell out $1300 a month in rent, there are 10 housing markets across America where it's possible to find an apartment at or below that amount.

This list was compiled using data on median rental prices across major American cities, which we then scored based on affordability and available inventory.

1. Boise

Boise, Idaho is a bustling city with plenty to offer. It's home to the state capital and University of Idaho as well as several other campuses.

Boise's growing economy also means it has very low taxes, making it attractive to investors. On average, property taxes in Boise amount to just 1% of a home's assessed value - making the city an excellent investment prospect!

However, home prices in the Boise market have grown faster than other cities throughout America in recent years. While the pandemic may have contributed to this surge, interest rates will likely soon begin to impact the Boise real estate market as well.

In today's environment, it is wise to invest in a property that will generate positive cash flow over the long haul. Doing this will help you weather the high cost of homes on the market and guarantee your house remains an advantageous investment even after 2022.

2. Tampa Bay

If you're searching for an exciting city on the water, Tampa Bay is your ideal destination. It boasts amazing beaches, great shopping centers, great dining establishments and plenty of waterfront activities to enjoy.

Tampa Bay's growing economy also means its housing market is quite affordable, making it a prime destination for young professionals looking to settle down and begin their careers.

Tampa Bay is Florida's largest estuary, stretching over 400 square miles between Hillsborough County to the north and Pinellas County to the south. It receives freshwater from several hundred small tributaries such as Alafia, Manatee and Little Manatee rivers.

Tampa Bay region is a major tourist attraction, boasting numerous world-renowned attractions & museums, excellent local restaurants & breweries, as well as some amazing coffee shops. But what really sets Tampa Bay apart is its rich culture & history, stunning nature preserves and pristine beaches, along with diverse waterfront activities that allow families and visitors to live out their wildest desires.

3. Louisville

Louisville, located at the Falls of the Ohio River, is one of the oldest cities west of the Appalachians. It serves as both a regional economic engine and cultural and artistic nexus for 24 surrounding counties in Kentucky and Southern Indiana.

The city is renowned for its Midwestern sensibilities and Southern hospitality. With a close-knit community and excellent schools, it makes an ideal place to raise a family or launch a business.

It is also home to many famous figures, such as inventor Thomas Edison and Kentucky Fried Chicken founder Colonel Harland Sanders. Additionally, it serves as an important sports and entertainment center.

No matter if you're searching for an apartment, house or condo, Louisville can offer affordable and stylish housing options. For instance, one-of-a kind 1500 square foot loft in Downtown Louisville can be rented at less than $1300 per month!

4. Austin

Austin, Texas, boasts an exciting business community and many young professionals. Its live music scene and free thinking have also earned it the title of being an attractive relocation destination for many people.

Austin has experienced unprecedented real estate growth for more than a decade, driving prices up due to strong economic growth and an influx of new residents.

Austin's housing market is expected to remain active for the foreseeable future, as there simply aren't enough properties available to satisfy demand. This could result in an appreciation of 30% to 40% over the course of several years.

5. San Francisco

San Francisco offers many attractions, but the housing market can be challenging for those seeking to purchase property. That is due to the city's dense population density which makes it challenging for developers to add new residences.

However, if you're willing to wait, there are numerous signs that the housing market may be improving. Read on for more details!

San Francisco is an important global tech center and economic powerhouse, contributing to its high real estate prices.

Although the tech industry may be driving up housing prices, it also creates a lot of competition for existing inventory which helps keep rents low.

6. New York City

New York City, the world's most populous metropolitan area, is a hub of finance, politics, entertainment and culture. With more than 8 million residents spread out across its five boroughs: Manhattan, Brooklyn, Queens, The Bronx and Staten Island it serves as an international crossroads.

Despite NYC's record job creation during the recovery from the Great Recession, its housing stock has lagged behind peers such as Denver or Austin in recent years. This can be attributed to limited opportunities for as-of-right development due to zoning regulations in NYC.

To build more housing, the city needs a comprehensive citywide plan that quantifies current and future needs across all market segments, defines the gap between those needs and existing zoning capacity, and sets housing production targets to meet those demands. This approach should be implemented through neighborhood rezonings that encourage residential development in high-opportunity neighborhoods.

7. Boston

Boston is one of the nation's most desirable housing markets and an important center for business, education and culture. The city's population is growing rapidly due to a flurry of immigration from around the world and an increasingly youthful workforce.

Boston is a prime example of how millennials are opting to live in cities rather than suburban homes, creating an increasingly competitive housing market for homebuyers. Despite recent drops in prices, Boston still ranks high among the nation's top housing markets.

When searching for a place to buy or rent in Boston, there are several things you should be aware of before making an offer. These include the city's housing stock, rental market trends and economy. Investing in real estate can be lucrative but it's essential that you do your due diligence and understand what you're getting into.

8. Washington D.C.

Washington, DC is the nation's capital and home to an eclectic population. As both a federal city and an interesting local history, Washington DC makes for an engaging place to live.

Despite being a bustling city, it boasts an amazingly low crime rate and offers plenty of parks to escape the urban noise. Additionally, it makes an excellent place for families to settle down and raise their kids.

Washington, DC is the capital of the United States and situated along the Potomac and Anacostia rivers. Established in 1790 when Maryland and Virginia ceded land to form what would become Washington, DC, its design was inspired by French architect Pierre Charles L'Enfant.

L'Enfant designed a striking urban plan for Washington DC, featuring grand boulevards and ceremonial spaces similar to those found in Paris. He created an intricate grid system with the Capitol building at its center - now known as "L'Enfant Plan." Several attractions throughout Washington pay homage to its roots in black history and civil rights with several attractions honoring these contributions.