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Cost of moving: Detroit and Fort Wayne

Detroit is the most affordable city in the country, according to a recent analysis.

Detroit is the most affordable city in the country, according to a recent analysis.

The ups and downs in the U.S. housing market are enough to drive anyone crazy, but if you're looking for an affordable place to move, it can be especially frustrating. Which is the least expensive city in the United States?

If affordability is your heart's greatest desire, look no further than Detroit, suggests 247WallSt.com. During the height of the housing market crash, home values in the Motor City plummeted a whopping 54.9 percent - among the biggest declines of any city in the country. One of the driving factors was a major increase in the unemployment rate, which is still higher than that of the rest of the country. Homebuyers looking for a deal are going to find one in Detroit. The median list price for a home in the area is just $84,900, which shakes out to roughly $62.45 per square foot of property, according to the source.

Packing up and heading to Detroit may be even less expensive thanks to some relocation initiatives sponsored by the city government recently. One initiative actually pays college graduates to rent or buy a home in the Midtown district, according to LiveMidtown.org. New renters could receive $2,500 toward rent during their first year and $1,000 during their second year. Those who want to buy a home in the area could receive up to $20,000 in forgivable loans toward the purchase of a house.

If Detroit isn't to your liking but you're still after affordable digs, call up the moving company and redirect the truck to nearby Fort Wayne, Indiana. Mere miles from the borders of Ohio and Michigan, realty prices in this Midwest city are nearly as low as Detroit. Median list price is roughly $104,900, with a square-foot price of just over $66, according to 247WallSt.com.

There are a surprising number of activities and amenities in the area. The 38-acre Fort Wayne Children's Zoo was ranked one of the nation's top 10 zoos for kids, and is home to a menagerie of animals from lions and giraffes to kangaroos and sharks. For more cultured entertainment, the Fort Wayne Philharmonic holds more than 450 concerts per year in the northwest Indiana area. Shopaholics will have a place in Fort Wayne to call home, too - Glenbrook Square shopping center, the region's largest shopping mall, serves 12 million people annually.