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After two years of spiking real estate prices, mortgage rates, and rents, the housing affordability crisis in the U.S. is more apparent than ever. Policymakers, economic experts, and regular U.S. households have been searching for tools to alleviate the pressure of housing costs. Expanding manufactured housing is one possible solution.

The category manufactured housing includes housing units that are prefabricated in a factory and then transported to their ultimate destination. Because these units tend to have simple designs and materials that make them efficient to produce, they are often significantly less expensive than site-built homes. A 2021 report from the Manufactured Housing Institute found the average cost per square foot of a manufactured home was $57, less than half the $119 cost of a site-built home.

For lower and middle income families, this more affordable option has significant appeal. Currently, 22 million Americans live in manufactured homes, and manufactured homes represent around 1 in 10 new homes constructed in the U.S. each year. And the quality of manufactured homes has increased as well, with better materials, greater energy efficiency, and improved designs.

After two years of spiking real estate prices, mortgage rates, and rents, the housing afford…

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