What are the top markets for renters in 2024? Realtor.com says we’re now in the second half of the peak rental season, so with that in mind, they produced a new report with top rental markets with cities offering a great combination of affordable rental options and job opportunities. Top get their list, they analyzed 325 cities & towns with a population of 75k+ and located within the 50 largest metro areas. Next, they ranked them by such factors as rental affordability (rent-to-income ratios), unit availability, job opportunities and commute times. Perhaps not surprising, all top 10 rental markets are in the South and Midwest, with none from the Northeast or West. Indeed…
“Living in markets with a high share of renters indicates excellent access to urban amenities, including public transportation, entertainment, dining options, and cultural attractions, which are highly appealing to renters,” explains Jiayi Xu, the Realtor.com economist who wrote this report.
Click here to read the full report at Realtor.com.
