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Rent vs. Buy: Homeownership Beats Renting in 3 out of 4 U.S. Cities

Tue, Aug 16, 2011

Real Estate Industry, Trulia

Once again, Trulia has examined the cost of renting versus buying in America’s 50 largest cities. Making an apples-to-apples comparison between the renting and buying a two-bedroom apartment, condo or townhouse, we found that buying is more affordable in 72% of major cities.

To find out what’s better where you live, you can check out the key findings from Trulia’s Summer 2011 Rent vs. Buy Index here:

Trulia Summer 2011 Rent vs. Buy
View more presentations from Trulia

Also, to see how the rent vs. buy debate has evolved in 2011 (thus far), we’ve created a new data visualization for Trulia Insights to illustrate how 50 housing markets have changed and/or stayed the same:

rvb-data-visual1

Popularity: 5% [?]

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This post was written by:

Daisy Kong - who has written 19 posts on Trulia Blog - Real Estate Blog.

PR Manager @ Trulia

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1 Comments For This Post

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  1. Chris Says:

    So glad to see that Mesa made #3 on the list of cities where it’s better to buy than rent. That’s why we just purchased our new home. YAY!

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