While buying a home is the American Dream for some people, others just can’t afford it, or don’t want to bother with the responsibilities of owning their own place. And in some cases it actually may be smarter to rent than to buy, but of course that depends on where you choose to rent that home.
Well, now WalletHub has come out with a list of the Best and Worst Places to Rent in America, judging 180 rental markets on 22 key measures of attractiveness, including the difference between rental rates and mortgage payments, cost of living, job availability and more.
With all that in mind, the site names Scottsdale, Arizona as the best city to rent in the U.S., with a score of 69.26 out of 100. The area lands on top for Quality of Life, and 14 for rental market and affordability. Arizona is a particularly good state for renters, landing six markets in the Top Ten.
Top Ten Best Places To Rent In The U.S.
Overland Park, KS
On the flipside, Detroit, Michigan is the worst place to rent in the U.S., scoring just a 32.09, and ranking close to the bottom for both Quality of Life and Rental Market and Affordability.
Ten Worst Places To Rent in the U.S.
New Haven, CT