What's better renting or buying? It depends on who you ask. 3 North Carolina cities have made the "Best Places to Rent list. That's according to RentCafe.
Housing prices have made homeownership out of reach for many Americans, and that puts a strain on the rental market and drives up prices. But some cities offer better value and quality of life for renters and new research reveals which ones those are. RentCafe’s ranking of the best places for renters in 2023 has just come out.
I personally loved renting. You don't need to fix anything, and in some cases you don't even need to own a lawn mower! The landlord covers all that! The downside of course is you don't own so you don't have equity. But some people need to rent even if it's for the short term.
- To come up with their list, Rent Cafe compared 140 U.S. cities in 20 metrics including apartment quality, local economy, traffic, air quality, job growth, the cost of living and unemployment rate.
- Charleston, South Carolina, tops the list, and comes in third for apartment quality and cost of living and fifth for local economy.
- The south is the best region for renters, with 36 of the top 50 cities on the list located in the south.
In North Carolina we landed 3 cities on the best places to rent list. Raleigh, Charlotte and Durham. South Carolina had 2.
Here's the full list of cities from around the country:
- Charleston, South Carolina
- Plano, Texas
- Scottsdale, Arizona
- Atlanta, Georgia
- Raleigh, North Carolina
- Round Rock, Texas
- Austin, Texas
- Charlotte, North Carolina
- Conroe, Texas
- Arlington, Virginia
- Sarasota, Florida
- Marietta, Georgia
- Greenville, South Carolina
- Fort Lauderdale, Florida
- Denver, Colorado
- Orlando, Florida
- Jacksonville, Florida
- Westminster, Colorado
- Denton, Texas
- Durham, North Carolina
