Despite rising home prices, there are still markets where buying a vacation home is attainable. GOBankingRates rounded up some of the most affordable up-and-coming locations across the U.S. for buying a second home. Many of these markets offer coastal or lakeside amenities, with the Finger Lakes region of New York topping the list, followed by Mount Dora, Fla., and then St. Petersburg, Fla.
If you’re after lakefront property without the hefty price tag, consider the Finger Lakes region of New York.
“It is a more affordable option to the likes of Montauk and the Hamptons, and many people outside of New York know nothing about it,” said Seamus Nally, CEO of TurboTenant. “It is the ideal lakefront location, if a lake house is what you are looking for in a vacation rental.”
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