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Buying a starter home in the top 50 metros cost $1,111 (60.3%) more than renting in August, as median U.S. rents see fourth consecutive month of year-over-year declines
SANTA CLARA, Calif., Sept. 21, 2023 /PRNewswire/ -- The elevated mortgage rates, steep home prices and declining rent costs familiar in today's housing market have made it less costly to rent than to buy a starter home in all but three of the largest metros in the U.S., according to the Realtor.com® Monthly Rental Report rele...
>>> Read more: Realtor.com® August Rental Report: Renting Beats Buying in All but Three of the Largest U.S. Metros
SANTA CLARA, Calif., Sept. 21, 2023 /PRNewswire/ -- The elevated mortgage rates, steep home prices and declining rent costs familiar in today's housing market have made it less costly to rent than to buy a starter home in all but three of the largest metros in the U.S., according to the Realtor.com® Monthly Rental Report rele...
>>> Read more: Realtor.com® August Rental Report: Renting Beats Buying in All but Three of the Largest U.S. Metros