Photo courtesy city of Bethlehem Pennsylvania

Editor’s Note: Recently, MoneyWise revealed its list of the 40 most frugal and friendly places to retire. In a bid to provide an idea of what housing inventory is available in these cities and towns, we’re taking a look at listings in each of the cities on the list.

Not everyone can spend $1 million or more on a second home, even if it’s with the idea that eventually you’ll retire there. So when MoneyWise’s list of 40 places to retire that are more budget-friendly came out, we were curious — what kind of homes could you find in these towns?

Last week, we looked at the 21st city on the list — Las Vegas, Nevada. This week, we look at Bethlehem, Pennsylvania, and found three great homes — all for less than $500,000.

Here’s another welcoming college town that offers low home prices, a walkable and lively downtown, and a lower cost of living than average,” MoneyWise said. “The median house price is just over $150,000, and retirees gain extra benefits because the state does not tax certain employer-sponsored retirement income.”

“The city is also well-equipped with hospitals and healthcare facilities.”

Want to see examples of what you can find in Bethlehem? Let’s jump! (more…)