While putting Millennials into homes is a major objective for 2016, this article from Business Insider puts their situation into perspective for lenders on how much they can truly afford. Per Business Insider:

The article explained that Millennials are not making as much as their parents were when they were young, and on top of that, they are dealing with an overload of student debt.  

It’s important to note that younger millennials are still college-aged and may only be working part-time, skewing the median downwards.

This should help lenders gauge what they’re working with Millennials. Check the article for the full chart.

As a teaser, the article said, “The medians ranged between a low of $18,000 per year in Montana and a high of $43,000 in the District of Columbia.”

Depending on what numbers you come up with for a mortgage loan, here are the top 10 affordable cities for Millennials to buy a home now, and the top 5 trendy housing markets for Millennials in 2016.