Friday, October 21, 2016

Where Buying Beats Renting

RankMetro areaMedian home priceMedian rentCost to buy vs. rent
1Miami, FL$259,527$2,000-53.2%
2West Palm Beach, FL$241,509$1,950-53.2%
3Houston, TX$176,513$1,575-52.9%
4Fort Lauderdale, FL$217,342$1,800-52.9%
5Charleston, SC$218,090$1,575-52.5%
6Baton Rouge, LA$158,405$1,350-51.7%
7New Orleans, LA$171,302$1,450-51.2%
8Syracuse, NY$122,040$1,400-51.0%
9Philadelphia, PA$141,176$1,300-50.8%
10Columbia, SC$124,733$1,125-50.6%
Source: Trulia