Renting Remains More Affordable Than Buying in Most Large U.S. Metros

September 22, 2023 Demetria Lester

According to Realtor.com's August 2023 Rental Report, buying a starter home in the top 50 metros cost approximately 60.3% more than renting, while median U.S. rents experienced their fourth consecutive month of year-over-year declines.

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