Due to the economy and several other factors this question has been on a lot of minds. In today's blog I reveal the Top 10 cities where it is best to buy vs. rent. Our very own Arlington, TX makes the list at #2. Minneapolis tops the list of U.S. cities where home prices have become so affordable that it makes more sense to buy a home than rent one, according to the recent Rent vs. Buy Index published by online real estate listing service Trulia. The index’s price-to-rent ratio is calculated using the average list price compared with the average rent on a two-bedroom apartment, condo, or townhome listing.
The Top 10:
The Top 10:
1. Minneapolis, MN 6. Mesa, AZ
2. Arlington, TX 7. Jacksonville, FL
3. Miami, FL 8. Phoenix, AZ
4. Fresno, CA 9. El Paso, TX
5. San Antonio, TX 10. Las Vegas, NV
2. Arlington, TX 7. Jacksonville, FL
3. Miami, FL 8. Phoenix, AZ
4. Fresno, CA 9. El Paso, TX
5. San Antonio, TX 10. Las Vegas, NV
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