Rent or Buy? Is it More Affordable to Rent or Buy a Home??
The Rent vs Buy heatmap is based on median 3 bedroom homes in those cities. An analysis was done where they compared the mortgage payment on those homes vs how much rents are in those cities. Most of the places where it is better to rent than buy are in the south and eastern states. The west coast its better to rent than buy in large cities.
Here is the renting vs buying heatmap https://public.tableau.com/app/profil…