Not everyone is on “team buy” when it comes to housing.
There are many reasons to rent, ranging from lifestyle preferences to financial realities.
If you’re a renter, and you’re looking for a good place to live, real estate marketplace Zillow put together a list of the most affordable markets.
To choose these cities, Zillow looked at 50 metro areas in the U.S., comparing what proportion of their income residents spend on rent.
Nationally, renters typically spend nearly 28% of income on rent, Zillow says. In these affordable cities, rent consumes less than 25% of income.
We’ve listed cities starting with No. 10 and ending with No. 1, the most affordable city for renters in the U.S.