Buying More Affordable than Renting in 58 Percent of U.S. Markets According to 2016 Rental Affordability Analysis

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Buying More Affordable than Renting in 58...
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Rents Rising Faster Than Wages, Slower Than Home Prices;

Least Affordable Rental Markets in Hawaii, DC, New York, Northern California;

Most Affordable Rental Markets in Alabama, Illinois, Iowa, Georgia, Pennsylvania

IRVINE, Calif. – Dec. 23, 2015 — RealtyTrac ® ( www.realtytrac.com ), the nation’s leading source for comprehensive housing data, today released its 2016 Rental Affordability Analysis, which shows that buying is still more affordable than renting in 58 percent of U.S. housing markets despite home price appreciation outpacing rent growth in 55...


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