Trulia released the findings of its Q1 2011 Rent vs. Buy Index today. When we compared the median list price for a two-bedroom apartment, condo or townhouse with one year’s worth of rent for similar property, it’s actually more affordable to buy in 72% of America’s largest cities. To illustrate which cities are more affordable to buy or to rent, we created a cool interactive map to help people make smarter real estate decisions. Check it out!
Click on the slideshow below for the full Rent vs. Buy Index findings, including the top 10 cities where it’s more affordable to buy and to rent:
Trulia’s Rent vs. Buy Index – Q1 2011
View more presentations from Trulia.
Legacy Comments
Definitely cheaper to buy versus rent in my local market of North Scottsdale, which is part of the Phoenix metro area.
Very nice graphics, I love the interactive map. These kind of comparisons are really necessary to make people understand that now is good time to buy. In Canada, where I live, you probably won’t find many places (if any) where buying is cheaper than renting. But most people buy because it is still a very good investment, but you have to be very picky…