Renting is More Affordable than Buying in All 50 Major U.S. Metros, According to Realtor.com® Report
A new Realtor.com® report indicates that renting is more affordable than buying in all 50 major U.S. metros, with an average monthly savings of $920. The savings gap could help renters build toward homeownership. However, the monthly savings from renting over buying has decreased by $136 year-over-year.
Topics: economic trends homeownership housing affordability rental market