Still Cheaper to Buy than Rent in these 5 Cities

Pennsylvania, Maryland, Missouri

2023/02/02

Homeownership costs ↑ 37.4% in December 2022, which is 10 times faster than rents. Just 5 markets of the top 50 cities favored homeownership over renting in December 2022.Memphis, Tennessee was the most favorable with 32.7% less monthly cost than renting.