The region in Zhejiang with the lowest housing prices is generally considered to be the rural areas and smaller cities outside of the provincial capital, Hangzhou. These areas often have lower housing costs due to a variety of factors, including lower demand, less development, and a smaller population compared to the bustling cities.

One of the key reasons for the lower housing prices in these areas is the difference in economic development. Hangzhou, as the capital of Zhejiang, is a major economic hub with a strong tech industry, particularly around Alibaba. This has led to high demand for housing in the city, driving up prices. In contrast, rural areas and smaller cities do not have the same level of economic activity, resulting in lower demand and, consequently, lower prices.

According to data from the Zhejiang Provincial Bureau of Statistics, the average housing price in Hangzhou was approximately 34,000 yuan per square meter in 2021. In contrast, the average housing price in the rural areas of Zhejiang was around 10,000 yuan per square meter, a significant difference. This data underscores the discrepancy in housing prices between the urban and rural areas of Zhejiang.

Another factor contributing to the lower housing prices in rural areas is the government's efforts to promote balanced regional development. The Chinese government has been implementing policies to encourage the migration of population from rural to urban areas, which has helped to stabilize housing prices in the cities. However, in rural areas, there is often a surplus of housing stock, which keeps prices low.

Additionally, the cost of living in rural areas is generally lower than in urban areas. This includes not only housing costs but also costs for food, transportation, and other daily expenses. As a result, people who choose to live in rural areas can enjoy a higher standard of living on a lower budget.

In conclusion, the rural areas and smaller cities in Zhejiang, such as those outside of Hangzhou, offer the lowest housing prices due to lower demand, less development, and government policies aimed at promoting balanced regional development. These factors, combined with the lower cost of living, make rural areas an attractive option for those looking to purchase property in Zhejiang at a more affordable price.