Tag: rental affordability
Top 10 Counties with the Highest Rental Rates in 2024
ATTOM’s 2024 Rental Affordability report saw significant variations in pricing and affordability across different counties. For renters and potential homebuyers alike, understanding these dynamics is crucial. We have compiled a list of the top 10 counties with the highest rental rates in 2024, shedding light on their rental affordability, housing... Read More »
Renting a Home Still More Affordable Than Owning Across U.S. Even as Both Remain Financial Stretch
Home Rental and Ownership Still Difficult in 2024 for Average Workers in Most of Nation But Renting Less of a Burden in Nearly 90 Percent of Local Markets Trend Continues Despite Rents Growing Faster Than Home Prices IRVINE, Calif. – Jan. 18, 2024 — ATTOM, a leading curator of land, property and real estate data, today released its 2024 Rental... Read More »
Top 10 U.S. Housing Markets Most Affordable for Renting in 2023
According to ATTOM’s just released 2023 Rental Affordability Report, the average three-bedroom rent is more affordable than owning a comparably sized median-priced home in 95 percent of U.S. counties analyzed. The report also shows that both renting and owning a three-bedroom home are significant financial burdens for households around the U.S.,... Read More »
Top 10 U.S. Housing Markets Most Affordable for Renting in 2022
According to ATTOM’s just released 2022 Rental Affordability Report, home ownership remains more affordable than renting, even though median home prices have increased more than average rents and more than averages wages in 88 percent of U.S. counties analyzed. ATTOM’s 2022 rental affordability report shows that owning a median-priced home is... Read More »
Home Ownership More Affordable Than Renting in Majority of U.S. Housing Markets
Home Prices Growing Faster Than Rents in Nearly 90 Percent of nation; But Prices Still More Affordable in Almost 60 Percent of U.S. Markets; Renting Remains More Financially Viable in Most-Populous Urban Areas IRVINE, Calif. – Jan. 6, 2022 — ATTOM, curator of the nation’s premier property database, today released its 2022 Rental Affordability... Read More »