In 50 major US cities, renting is cheaper than buying in July 2024
SANTA CLARA, CALIFORNIA — In all 50 largest U.S. metropolitan areas, renting remains a more affordable option than buying a home. Realtor.com’s July 2024 Rent Report shows that increased mortgage rates, high home prices and falling rents have resulted in renters saving over $1,000 per month compared to buyers. “It continues to be more affordable […]