The article has been automatically translated into English by Google Translate from Russian and has not been edited.
Переклад цього матеріалу українською мовою з російської було автоматично здійснено сервісом Google Translate, без подальшого редагування тексту.
Bu məqalə Google Translate servisi vasitəsi ilə avtomatik olaraq rus dilindən azərbaycan dilinə tərcümə olunmuşdur. Bundan sonra mətn redaktə edilməmişdir.

Ten US cities where buying a home is cheaper than renting

According to Zillow, in most of the largest metropolitan areas in the United States, typical rental prices exceed the typical monthly mortgage payments - enabling homeowners to rent out their properties in those regions. The edition told in more detail Fox Business.

Photo: Shutterstock

The company said it did the tally and found that typical rent payments exceed mortgage payments in 33 of the country's 50 largest metro-areas, with the largest gap being in Memphis, Tennessee, followed by Miami and Atlanta. Southern cities dominated the top ten, but several Midwest metropolitan areas also made it into the ranking.

Zillow also pointed to a recent study by the Pew Research Center, which found that seven out of 10 rental properties in the United States are owned by individuals and that these people usually own only one or two properties.

Zillow also said its data show that while US rent growth has slowed sharply since the COVID-19 pandemic began, it rebounded quickly in 2021, with rents rising annually in July, according to Zillow.

On the subject: How much does it cost to rent housing in different parts of the United States: data by state

Top 10 cities where rents exceed mortgages

1. Memphis (Tennessee)
  • Typical monthly rent: $ 1
  • Typical monthly mortgage: $ 948
  • Difference: $ 556
  • Rating by size: 41
2. Miami (Florida)
  • Typical monthly rent: $ 2
  • Typical monthly mortgage: $ 1
  • Difference: $ 522
  • Rating by size: 8
3. Atlanta (Georgia)
  • Typical monthly rent: $ 1
  • Typical monthly mortgage: $ 1
  • Difference: $ 424
  • Rating by size: 9
4. Birmingham (Alabama)
  • Typical monthly rent: $ 1
  • Typical monthly mortgage: $ 868
  • Difference: $ 403
  • Rating by size: 49
5. Tampa (Florida)
  • Typical monthly rent: $ 1
  • Typical monthly mortgage: $ 1
  • Difference: $ 384
  • Rating by size: 19

You may be interested in: top New York news, stories of our immigrants and helpful tips about life in the Big Apple - read it all on ForumDaily New York.

6. Indianapolis (Indiana)
  • Typical monthly rent: $ 1
  • Typical monthly mortgage: $ 1
  • Difference: $ 331
  • Rating by size: 33
7. Orlando (Florida)
  • Typical monthly rent: $ 1
  • Typical monthly mortgage: $ 1
  • Difference: $ 314
  • Rating by size: 27
8. Charlotte (North Carolina)
  • Typical monthly rent: $ 1
  • Typical monthly mortgage: $ 1
  • Difference: $ 290
  • Rating by size: 24
9. Oklahoma City (Oklahoma)
  • Typical monthly rent: $ 1
  • Typical monthly mortgage: $ 931
  • Difference: $ 279
  • Rating by size: 42
10. Detroit (Michigan)
  • Typical monthly rent: $ 1
  • Typical monthly mortgage: $ 1
  • Difference: $ 268
  • Rating by size: 12

Read also on ForumDaily:

Lack of credit history or bad credit rating: which is worse

In 20 years, these 14 things will be impossible to buy

Ten Benefits of a Costco Membership You May Not Know About

How much does it cost to rent housing in different parts of the United States: data by state

How much does it cost to live in the USA: housing, food, entertainment and other expenses

housing rent purchase Educational program
Subscribe to ForumDaily on Google News

Let's face the crisis together and support each other

Thank you for staying with us and trusting! Over the past 5 years, we have received a lot of grateful feedback from readers, whom our materials have helped to arrange life after moving to the United States. We have big plans, we do not want to stop or slow down the pace of work. Even now…

The COVID-19 pandemic has negatively affected our income, and in order to stay afloat, we have to ask YOU for support. We will be grateful for any amount and will make every effort to continue to publish news and a lot of useful information just as quickly.

Thank you for being with us!

Always yours, ForumDaily!

Security of contributions is guaranteed by the use of the highly secure Stripe system.

Do you want more important and interesting news about life in the USA and immigration to America? Subscribe to our page in Facebook. Choose the "Display Priority" option and read us first. Also, don't forget to subscribe to our РєР ° РЅР ° Р »РІ Telegram - there are many interesting things. And join thousands of readers ForumDaily Woman и ForumDaily New York - there you will find a lot of interesting and positive information. 



 
1123 requests in 3,029 seconds.