The buy vs. rent pendulum is ever swinging, but immoderate cities cater amended to those already group connected renting.
WalletHub analyzed 182 markets based connected 2 factors: rental marketplace & affordability, and value of life. Every metropolis was graded connected a 100-point standard utilizing 21 metrics, for illustration the stock of renters and the occupation market.
The Midwest and Sun Belt person been duking it retired for the title of champion region to unrecorded successful in caller years, but 1 Sun Belt authorities westbound of the Mississippi River made the biggest scatter connected WalletHub's list: Arizona.
On the whole, the authorities of Arizona hasn't been a celebrated choice, but for renters, it checks immoderate important boxes. Chandler, Gilbert, and Scottsdale, Arizona, each vanished successful the apical 5 successful quality-of-life rankings, pinch Scottsdale ranking first.
US News & World Report classed Arizona 17th successful employment, and according to WalletHub, a mostly of renters successful each 3 cities walk little than 22% of their income connected rent.
As for the cities connected the other extremity of the spectrum, unsurprisingly, they classed debased successful rental marketplace & affordability, and value of life, pinch rankings not exceeding 123rd for either category.
Read beneath to spot which cities are good for renters, and which ones aren't.
Worst cities for renters
10. Shreveport, LA
Total score: 38.08
Rental marketplace & affordability rank: 123
Quality of life rank: 179
9. Huntington, WV
Total score: 38.02
Rental marketplace & affordability rank: 143
Quality of life rank: 172
8. Augusta, GA
Total score: 38.00
Rental marketplace & affordability rank: 136
Quality of life rank: 180
7. New Orleans, LA
Total score: 36.51
Rental marketplace & affordability rank: 154
Quality of life rank: 162
6. Newark, NJ
Total score: 36.08
Rental marketplace & affordability rank: 149
Quality of life rank: 169
5. Akron, OH
Total score: 34.38
Rental marketplace & affordability rank: 170
Quality of life rank: 167
4. Memphis, TN
Total score: 32.97
Rental marketplace & affordability rank: 114
Quality of life rank: 182
3. Jackson, MS
Total score: 32.79
Rental marketplace & affordability rank: 181
Quality of life rank: 146
2. Cleveland, OH
Total score: 32.02
Rental marketplace & affordability rank: 174
Quality of life rank: 178
1. Detroit, MI
Total score: 29.95
Rental marketplace & affordability rank: 160
Quality of life rank: 181
Best cities for renters
10. Amarillo, TX
Total score: 60.18
Rental marketplace & affordability rank: 20
Quality of life rank: 34
9. Sioux Falls, SD
Total score: 62.33
Rental marketplace & affordability rank: 1
Quality of life rank: 108
8. Huntsville, AL
Total score: 63.10
Rental marketplace & affordability rank: 4
Quality of life rank: 38
7. Bismarck, ND
Total score: 63.60
Rental marketplace & affordability rank: 3
Quality of life rank: 55
6. Peoria, AZ
Total score: 65.25
Rental marketplace & affordability rank: 22
Quality of life rank: 2
5. Columbia, MD
Total score: 65.80
Rental marketplace & affordability rank: 2
Quality of life rank: 39
4. Overland Park, KS
Total score: 66.94
Rental marketplace & affordability rank: 9
Quality of life rank: 4
3. Chandler, AZ
Total score: 67.20
Rental marketplace & affordability rank: 11
Quality of life rank: 5
2. Gilbert, AZ
Total score: 67.63
Rental marketplace & affordability rank: 6
Quality of life rank: 9
1. Scottsdale, AZ
Total score: 69.05
Rental marketplace & affordability rank: 24
Quality of life rank: 1
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Jordan reports connected moving trends — from remote work to house hacking. He besides writes astir movers struggling pinch issues astir relocating for illustration buyer's remorse and the galore intricacies of moving to an unfamiliar state. He besides has stories focusing connected property technology and successful 2022, moderated a sheet connected fractional investing astatine existent property exertion convention Blueprint. Before Insider, he covered luxury existent property successful South Florida for The Real Deal. He holds a Master's grade successful Magazine Writing from New York University and a Bachelor's grade successful English from Florida State University.
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