The narrative that millennials are eschewing all of the traditional habits of their parents is simply a myth, particularly when it comes to homebuying.

In fact, 65% of millennials still consider buying a home part of the American Dream, more than any other generation.

But burdensome student loan debt, high rent prices, and low wages are affecting their ability to save up for a down payment, contributing to the lowest homeownership rate in the US in decades.

Still, these factors vary across cities and states, and there are some places where it's more attainable for first-time buyers to enter the market.

New data from Bankrate discovered how first-time homebuyers fare in all 50 US states considering five factors:

• Housing affordability: percentage of median household income for 25- to 44-year-olds that goes toward mortgage payments (using the median sale price)
• Entry-level job market: five-year average unemployment rate for 25- to 34-year-olds
• Market tightness: growth in housing stock from 2010 to 2015 and the percentage of homes for sale
• Credit availability: percentage of home loans rejected by credit lenders
• Millennial homeownership rate: percentage of homeowners under 35

Bankrate weighted each category equally to determine its ranking. States in the Midwest and the non-coastal West proved to be the most accommodating to first-time homebuyers, while California, New York, and Hawaii are the toughest states.

Below, check out the 15 states where it's easiest to become a homeowner.

The metrics included below were all used to calculate Bankrate's ranking, with the exception of median home value, which was sourced independently from Zillow.

15. Alaska

iStock/BrianLasenby

Percent of median income toward mortgage: 20.1%

Unemployment rate: 7.2%

Under 35 homeownership rate: 35.5%

Median home value: $267,000

14. Oklahoma

iStock

Percent of median income toward mortgage: 14.6%

Unemployment rate: 5.5%

Under 35 homeownership rate: 37.6%

Median home value: $114,400

13. Montana

Hannah Lorsch/Shutterstock

Percent of median income toward mortgage: 23.5%

Unemployment rate: 5.2%

Under 35 homeownership rate: 34.3%

Median home value: $197,900

12. Indiana

City of Huntington-Current Information/Facebook

Percent of median income toward mortgage: 15%

Unemployment rate: 6.7%

Under 35 homeownership rate: 40.5%

Median home value: $119,500

11. Idaho

Charles Knowles/Flickr

Percent of median income toward mortgage: 21.2%

Unemployment rate: 5.4%

Under 35 homeownership rate: 39.2%

Median home value: $183,000

10. Nebraska

Scruggelgreen/Shutterstock

Percent of median income toward mortgage: 13.9%

Unemployment rate: 3.8%

Under 35 homeownership rate: 38.4%

Median home value: $146,400

9. Vermont

Jay Yuan/Shutterstock

Percent of median income toward mortgage: 16.9%

Unemployment rate: 4.4%

Under 35 homeownership rate: 33.8%

Median home value: N/A

8. Wyoming

Jerry Sanchez/Shutterstock

Percent of median income toward mortgage: 18.3%

Unemployment rate: 4.5%

Under 35 homeownership rate: 41.5%

Median home value: $194,000

7. South Dakota

Sopotnicki/Shutterstock

Percent of median income toward mortgage: 17.6%

Unemployment rate: 3.3%

Under 35 homeownership rate: 42%

Median home value: $172,100

6. North Dakota

Wikimedia Commons

Percent of median income toward mortgage: 17.2%

Unemployment rate: 3%

Under 35 homeownership rate: 37.1%

Median home value: $203,100

5. Missouri

Stuart Seeger/Flickr

Percent of median income toward mortgage: 16.4%

Unemployment rate: 5.6%

Under 35 homeownership rate: 38.7%

Median home value: $139,800

4. Kansas

City of Wichita-Government/Facebook

Percent of median income toward mortgage: 17.7%

Unemployment rate: 4.5%

Under 35 homeownership rate: 37.3%

Median home value: $124,000

3. Minnesota

Scruggelgreen/Shutterstock

Percent of median income toward mortgage: 16.5%

Unemployment rate: 4.4%

Under 35 homeownership rate: 45%

Median home value: $202,800

2. Utah

f11photo/Shutterstock

Percent of median income toward mortgage: 21.8%

Unemployment rate: 3.4%

Under 35 homeownership rate: 44%

Median home value: $242,300

1. Iowa

Katie Haugland Bowen/Flickr

Percent of median income toward mortgage: 13.1%

Unemployment rate: 4.6%

Under 35 homeownership rate: 44.1%

Median home value: $138,200

This article was written by Tanza Loudenback from Business Insider and was legally licensed through the NewsCred publisher network. Please direct all licensing questions to legal@newscred.com.