Rent vs Buy: The best places to own a home in the U.S.

Rent vs buy the map shows the places where buying a home is better than renting based on the number of years you plan on staying in your home. The top 10 counties identified below are those places where buying becomes a better financial option than renting in the shortest amount of time.

Top 10 U.S. counties by Rent vs. Buy Index

RankCountyAvg. Monthly Mortgage PaymentAvg. Monthly RentAvg. Home PriceBreakeven YearRent vs. Buy Index
1Stewart, GA$380$912$98,7680.6100.0
2Livingston, LA$882$1,243$229,7891.098.8
3Apache, AZ$591$998$154,5611.098.8
4Roanoke City, VA$857$1,253$222,7931.098.8
5Lucas, IA$516$992$133,5811.098.8
6Jones, IA$758$926$196,1921.098.8
7Dillon, SC$420$869$109,1231.098.8
8Ottawa, KS$525$979$136,2091.098.7
9Amherst, VA$953$1,154$247,7121.098.7
10Ascension, LA$889$1,243$231,7851.098.7
 Nationwide$840$1,236$218,2752.6

 

2018
Rent vs. Buy: The Best Places to Own a Home in America (2018)

2017
Rent vs. Buy: The Best Places to Own a Home in America (2017)

2016
Rent vs. Buy: The Best Places to Own a Home in America (2016)

2015
Rent vs. Buy: The Best Places to Own a Home in America (2015)

Buying makes sense if you stay in this city for…
Buying makes sense if you stay in this city for...

 

Via smartasset.com

(Visited 468 times, 1 visits today)
1 Star2 Stars3 Stars4 Stars5 Stars (1 votes, average: 5.00 out of 5)
Loading...