First of all, housing in America is a dual income trap. So unless you are comfortable with roommates, have a significant other, or can attain a lucrative salary, you have limited options. Second, renting is for chumps; as you will simply throw money away to the tune of a monthly mortgage payment.

Therefore, you should stay where you are (if possible) and save until that down payment can make a worthwhile home affordable with only a single income. It is the only fiscally responsible choice.