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The Maney & LauRen Morning Show

The Maney & LauRen Morning Show

The Maney & LauRen Morning Show

The Best (And Worst) Places To Rent In The United States

Author Nicole Weaver
Getty Images

Sadly, no North Carolina or South Carolina city made the list as the best place to rent.

For some folks, buying a home is the American dream, but homeownership isn’t for everyone. Around 44 million American households have opted to rent instead of buy a home because of cost, convenience or both. Sometimes it’s cheaper to rent, but it all depends on where you live and a new report reveals where the best places to rent a home are in the U.S.

  • WalletHub’s list of the Best and Worst Places to rent in America in 2023 has just come out.
  • They compared 182 rental markets across 21 key metrics related to rental market & affordability and quality of life.
  • They ranked each market in areas including the difference between rental rates and mortgage payments, the cost of living and the job market.
  • Topping the list as the best city to rent in the U.S. is Overland Park, Kansas.
  • Scottsdale, Arizona, second overall, is number one for quality of life, while Bismarck, North Dakota, which is third overall, is number one for rental market & affordability.
  • As for the worst place to rent in the U.S., that’s Detroit, Michigan, once again this year.

Top 10 Best Places to Rent in the U.S.

(Click here to check out the full list)

  1. Overland Park, Kansas
  2. Scottsdale, Arizona
  3. Bismarck, North Dakota
  4. Sioux Falls, South Dakota
  5. Chandler, Arizona
  6. Fargo, North Dakota
  7. Plano, Texas
  8. Lincoln, Nebraska
  9. Irvine, California
  10. Nashua, New Hampshire

The 10 Worst Places to Rent in the U.S.

  1. Detroit, Michigan
  2. Cleveland, Ohio
  3. Memphis, Tennessee
  4. Jackson, Mississippi
  5. Akron, Ohio
  6. Chattanooga, Tennessee
  7. New Orleans, Louisiana
  8. Huntington, West Virginia
  9. Shreveport, Louisiana
  10. Hialeah, Florida

Source: WalletHub

Compare The Average Rent In Different Charlotte Neighborhoods

Housing is the largest monthly expense for most people. And these days it just keeps rising and rising. Factor in the absolute insanity that is the housing market these days and it’s a lose-lose situation for many. I know personally, my rent went up $200 a month when I resigned my lease in June. That’s an extra $2,400 a year which is not a small difference.  And while making day-to-day more expensive it also makes it more difficult for renters to save for a home and get out of the rent game. Rent in Charlotte is up 18% from last year. That seems comparable to my experience. But when looking to rent what Charlotte neighborhoods are the most affordable? Or is it better to go outside the city limits?

We are here to help. Below you will find information, provided by Rent.com, on the average rent in Charlotte. You’ll find the average price for a studio, one, two, and three bedrooms. You will also find a list of the average price to rent a one-bedroom in different Charlotte neighborhoods, and the same for other nearby towns. The more information you have the better decision you can make on where to live. Whether you value location, amenities, space, or finishes the Charlotte market has something for you. You just might pay more than you want to! I know I am.

 

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Author Nicole Weaver
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