I believe there are, and will be. Over 20 years ago, I moved to Dallas, TX area for the same reasons - to get away from unaffordable housing in the west and east coast. At the time, I found Dallas to have a good housing price to income ratio.
But in doing so (moving to Dallas), I may have also potentially taken a big (lifetime) pay cut. I graduated from a top ComSci school, but in moving to Dallas, I put myself outside of the market of the emerging FAANG companies in the west coast.
I think now there are still medium size cities where you may find a good balance of cost to value and quality of life. It really depends on your career goals and life goals. There’s always a trade off. I believe right now, the midwest is a good value, if you can stand the winters there :)