HOUSINGNEWS REPORT
Top 20 Markets that are Better to Rent
State
County
MSA
2017 3-Bed Fair Market Rent
Annual Pct Change in Rent
Pct of Avg Wages to Rent
2016 YTD Median Home Price
Annual Pct Change in Home Price
Monthly House Payment
Pct of Avg Wages to Buy
More Afford- able to Buy or Rent?
California
Los Angeles Los Angeles-Long Beach-Anaheim, CA $2,249
3.4%
48.1% $520,000
7.2%
$3,147
67.3%
RENT
Texas
Harris
Houston-The Woodlands-Sugar Land, TX
$1,432
3.3%
26.8% $202,160
4.5%
$1,521
28.5%
RENT
California
San Diego
San Diego-Carlsbad, CA
$2,507
6.1%
53.9% $485,000
6.0%
$2,893
62.2%
RENT
California
Orange
Los Angeles-Long Beach-Anaheim, CA $2,722
9.0%
56.9% $625,000
5.8%
$3,869
80.9%
RENT
New York
Kings
New York-Newark-Jersey City, NY- NJ-PA
$2,293
3.1%
64.3% $720,000
5.9%
$4,135
115.9%
RENT
Texas
Dallas
Dallas-Fort Worth-Arlington, TX
$1,502
12.3%
29.3% $212,800
8.4%
$1,538
30.0%
RENT
New York
Queens
New York-Newark-Jersey City, NY- NJ-PA
$2,293
3.1%
56.2% $530,000
6.0%
$3,178
77.9%
RENT
California
Riverside
Riverside-San Bernardino-Ontario, CA $1,682
0.6%
47.9% $320,000
6.7%
$2,062
58.7%
RENT
Washington
King
Seattle-Tacoma-Bellevue, WA
$2,427
0.9%
40.2% $454,000
8.6%
$2,878
47.7%
RENT
California
Santa Clara
San Jose-Sunnyvale-Santa Clara, CA
$3,353
10.7%
34.4% $865,000
5.9%
$5,069
51.9%
RENT
New York
New York
New York-Newark-Jersey City, NY- NJ-PA
$2,293
3.1%
28.4% $1,395,000
6.5%
$8,610
106.5%
RENT
California
Alameda
San Francisco-Oakland-Hayward, CA $3,251
36.7%
57.7% $670,100
6.4%
$3,922
69.6%
RENT
New York
Suffolk
New York-Newark-Jersey City, NY- NJ-PA Sacramento--Roseville--Arden-Ar- cade, CA New York-Newark-Jersey City, NY- NJ-PA
$2,627
15.9%
56.1% $348,000
-0.5%
$2,647
56.6%
RENT
California
Sacramento
$1,609
0.9%
34.7% $295,000
10.5%
$1,757
37.9%
RENT
New York
Nassau
$2,627
15.9%
51.9% $455,000
3.4%
$3,156
62.3%
RENT
Michigan
Oakland
Detroit-Warren-Dearborn, MI
$1,296
5.0%
27.4% $190,000
7.3%
$1,298
27.5%
RENT
Virginia
Fairfax
Washington-Arlington-Alexandria, DC-VA-MD-WV
$2,300
7.3%
35.6% $467,000
0.4%
$3,064
47.4%
RENT
Texas
Travis
Austin-Round Rock, TX
$1,741
6.9%
35.9% $334,163
9.9%
$2,378
49.0%
RENT
Utah
Salt Lake
Salt Lake City, UT
$1,500
5.6%
36.7% $272,318
8.1%
$1,695
41.5%
RENT
Missouri
Saint Louis
St. Louis, MO-IL
$1,268
7.2%
28.1% $156,000
1.2%
$1,085
24.0%
BUY
BUY OR RENT IN 2017? More Affordable to Buy or Rent? RENT
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ATTOM Data Solutions • P21
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