Cost of Renting vs Owning
In: Housing Interactive Maps
14 Feb 2011Real estate listing service Trulia has created this interactive map of median rental costs vs purchase prices on a two bedroom home. In case you are thinking of moving, they also supply bar charts of unemployment, foreclosure, and job growth for the same cities.
The data is updated each quarter and supplemented with a series of simpler infographics:
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2 Responses to Cost of Renting vs Owning
TekGems
February 14th, 2011 at 15:38
I am somewhat surprised with San Francisco having a score of 21. Having lived there on and off from 1993 to 2008, some recently gentrified portions were affordable to buy (Western Addition, Hunters Point, Excelsior), but the thought of buying in San Francisco seemed like a pipe dream for many people. I honestly thought the buy/rent ratio in San Francisco would be much higher.
Dustin
February 14th, 2011 at 15:40
DC looks a little out of whack to me as well — you can still rent cheaper than you can buy. It probably has to do with using 2-bedroom median as the metric.