2021-01-11 Owning More Affordable Than Renting in Almost Two Thirds of Housing Markets
| By:
Brad Beckett
Owning More Affordable Than Renting in Almost Two Thirds of Housing Markets
by Brad Beckett
Owning a home is more affordable than renting in nearly 2/3 of America’s housing markets, according to ATTOM Data’s 2021 Rental Affordability Report. Breaking that down, the report says that owning a median-priced three-bedroom home is more affordable than renting a three-bedroom property in 572, or 63 percent of the 915 U.S. counties analyzed for the report. In addition, they say while home prices are growing faster than rent in more than 80%, renting remains more affordable in most populous urban markets
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