
Few US Cities Offer Rentals Under $1,000 Amid Rising Costs
New housing data reveals that fewer than 15 of the 100 largest US cities offer a significant number of rentals under $1,000, with affordable options concentrated in the Midwest and South.
5 articles tagged

New housing data reveals that fewer than 15 of the 100 largest US cities offer a significant number of rentals under $1,000, with affordable options concentrated in the Midwest and South.

The timeline for homeownership to become more financially beneficial than renting has stretched to 7-9 years on average, and up to 20 years in major cities.

The US rental market is shifting in favor of tenants as a glut of new apartments and economic concerns among young people cause rent growth to stagnate.

In a major housing market shift, renting has become more affordable than buying in most US areas, according to real estate expert Ryan Serhant.

A debate between a real estate mogul and financial advisors questions if homeownership is a wise investment or a costly expense in today's economy.