Unlike coastal Florida, Lakeland isn't a fashionable tourist draw. Rather, it's a working-class community whose economy revolves around agricultural support for rich citrus farms in the surrounding countryside. It's also the largest metro area on Interstate 4 between Orlando and Tampa, serving the truckers and travelers who travel between the two spots. Incomes are a humble 16% below the national median.
The key to Lakeland's affordability? Home prices bottomed out in early 2011 when they fell to a median of $86,000, according to the index. Although they've recovered some since, they're still a far cry from the height of the real estate bubble, when they were a frothy $201,000.
Whether it's the warm weather, jobs or cheap cost of living, these are the top 10 cities Americans are moving to, according Penske Truck Rental's annual list.
|Overnight Avg Rate||Latest||Change||Last Week|
|30 yr fixed||4.35%||4.32%|
|15 yr fixed||3.38%||3.33%|
|30 yr refi||4.37%||4.33%|
|15 yr refi||3.37%||3.35%|
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