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How Much Does It Cost to Buy a Mobile Home? Devon Thorsby © (Getty Images) Community of mobile homes in a tropical climate; palm trees, front lawns, neighborhood. Static caravans, manufactured homes. (Community of mobile homes in a tropical climate; palm trees, front lawns, neighborhood. Static caravans, manufactured homes., Buying a mobile home isn’t the same as buying a traditional house built on site on a foundation. But depending on your budget and where you’re looking to buy, a factory-built home may be the right option for you. Before you get started, know that mobile homes and manufactured homes are essentially the same thing. The U.S. Department of Housing and Urban Development defines a factory-built house as a mobile home if it was built before June 15, 1976, and as a manufactured home if it was built after. In common use, the words are often used interchangeably, though it’s good to know the difference. Based on how they’re made, manufactur

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