The 10 Most Affordable U.S. Cities for Renters

Happy young family with cardboard boxes new home moving day excited happy children running parents mortgage loan, relocation
fizkes / Shutterstock.com

Not everyone is on “team buy” when it comes to housing.

There are many reasons to rent, ranging from lifestyle preferences to financial realities.

If you’re a renter, and you’re looking for a good place to live, real estate marketplace Zillow put together a list of the most affordable markets.

To choose these cities, Zillow looked at 50 metro areas in the U.S., comparing what proportion of their income residents spend on rent.

Nationally, renters typically spend nearly 28% of income on rent, Zillow says. In these affordable cities, rent consumes less than 25% of income.

We’ve listed cities starting with No. 10 and ending with No. 1, the most affordable city for renters in the U.S.

Read Next

These 13 States Tax Social Security Income
These 13 States Tax Social Security Income

Uncle Sam is not the only one looking for a piece of your retirement income. Is your state on this list?

15 Things You Should Always Buy at Yard Sales
15 Things You Should Always Buy at Yard Sales

You can save a ton of money — especially if you spot any of these items.

14 Real Ways to Make More Money Without Leaving Home
14 Real Ways to Make More Money Without Leaving Home

Whether you’re a busy parent, college student or retiree, you can get in on these proven ways to earn extra money that don’t involve a cubicle.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Comments