The Best & Worst Cities for Renters

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We’ve seen some pretty interesting data from personal saving and comparison website WalletHub.  Recently they analyzed & ranked 150 of America’s largest cities for their rental attractiveness and quality of life to come up with the Best & Worst Cities for Renters.  They utilized 15 key metrics ranging from historical rental-price changes, cost of living and jobs availability drawn from a variety of public & private data resources.

Top 10 cities:

  • Scottsdale, AZ
  • Overland Park, KS
  • Chandler, AZ
  • Tempe, AZ
  • Gilbert, AZ
  • Plano, TX
  • Las Vegas, NV
  • Peoria, AZ
  • Phoenix, AZ
  • Tampa, FL

Bottom 10 cities:

  • Los Angeles, CA
  • Moreno Valley, CA
  • Baltimore, MD
  • Buffalo, NY
  • Santa Ana, CA
  • Philadelphia, PA
  • Detroit, MI
  • New York, NY
  • Hialeah, FL
  • Oakland, CA

Click on the graph below to see how all the cities stack up.  The bluer the dot, the higher the ranking.

Source: WalletHub

 

Click here to read the full story on WalletHub.com

 

 

About Author

Director of Education & Outreach, National Real Estate Investors Association