{"id":163,"date":"2018-04-24T05:10:58","date_gmt":"2018-04-24T05:10:58","guid":{"rendered":"http:\/\/renwre.info\/2018\/04\/24\/buying-a-home-is-cheaper-than-renting-in-the-majority-of-the-us\/"},"modified":"2018-04-24T05:10:58","modified_gmt":"2018-04-24T05:10:58","slug":"buying-a-home-is-cheaper-than-renting-in-the-majority-of-the-us","status":"publish","type":"post","link":"http:\/\/renwre.info\/?p=163","title":{"rendered":"Buying a Home Is Cheaper Than Renting in the Majority of the US"},"content":{"rendered":"
\n

\"Buying<\/p>\n

The results of the 2018 Rental Affordability Report<\/em><\/a>\u00a0<\/em>from\u00a0<\/em>ATTOM\u00a0show that buying a median-priced home is more affordable than renting a three-bedroom property in 54% of U.S. counties analyzed for the report.<\/span><\/p>\n

The updated numbers show that renting a three-bedroom property in the United States requires an average of 38.8% of income.<\/p>\n

The least affordable market for renting was Marin County, CA, just over the Golden Gate Bridge from San Francisco, where renters spend a staggering 79.5% of average wages<\/strong> on rent, while the most affordable market was Madison County, AL where 22.3% of average wages<\/strong> went to rent.<\/p>\n

Other interesting findings in the report include:<\/strong><\/h4>\n