Owning a home is the American Dream for some folks, but around 45-million households in the U.S. are renting rather than buying because of cost, availability or convenience. In some cases, it’s not cheaper to rent a home, but it all depends on where you want to live and a new report reveals the top places to be a renter.

  • WalletHub has just come out with their annual list of the Best and Worst Places to Rent in America.
  • They compared 182 rental markets on 21 key metrics related to rental attractiveness and quality of life.
  • They rated cities on everything from the difference between rental rates and mortgage payments to the cost of living to job availability and more.
  • Based on all that, Bismarck, North Dakota, has been named the best place to rent in the U.S.
  • It comes in first for rental market and affordability, but 96th for quality of life.
  • Number one for quality of life is Scottsdale, Arizona, which is 3rd overall, but 80th for rental market and affordability.
  • On the flipside, the worst place for renters is Memphis, Tennessee, which is dead last for quality of life and 168th for rental market and affordability.

Top 10 Best Places to Rent in the U.S.

  1. Bismarck, North Dakota
  2. Overland Park, Kansas
  3. Scottsdale, Arizona
  4. Sioux Falls, South Dakota
  5. Lewiston, Maine
  6. Chandler, Arizona
  7. Fargo, North Dakota
  8. Gilbert, Arizona
  9. Huntsville, Alabama
  10. Lincoln, Nebraska

The 10 Worst Places to Rent in the U.S.

  1. Memphis, Tennessee
  2. Detroit, Michigan
  3. Cleveland, Ohio
  4. Tacoma, Washington
  5. Jackson, Mississippi
  6. Baton Rouge, Louisiana
  7. Newark, New Jersey
  8. New Orleans, Louisiana
  9. Gulfport, Mississippi
  10. Burlington, Vermont

Source: WalletHub

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