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June 9, 2010

Trulia.com recently announced America’s Top 10 Cities to Rent vs. Buy, which gives an interesting perspective on the US housing market, especially compared to the Top 10 Cities to Buy vs. Rent.

Trulia calculated the price-to-rent ratio using the average list price compared with average rent on 2 bedroom apartments, condos and townhomes listed on Trulia.com. To create the list, Trulia analyzed the largest 50 cities in America, by population.

Top 10 Cities to Rent vs. Buy

1. New York, New York
2. Omaha, Nebraska
3. Seattle, Washington
4. Portland, Oregon
5. San Francisco, California
6. Oklahoma City, Oklahoma
7. Kansas City, Missouri
8. San Diego, California
9. Cleveland, Ohio
10. Dallas, Texas

Top 10 Cities to Buy vs. Rent

1. Minneapolis, Minnesota
2. Arlington, Texas
3. Miami, Florida
4. Fresno, California
5. San Antonio, Texas
6. Mesa, Arizona
7. Jacksonville, Florida
8. Phoenix, Arizona
9. El Paso, Texas
10. Las Vegas, Nevada


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