Still Cheaper to Own than Rent in Majority of U.S. Counties

Image of the United States Map with blue and orange circles showing rent in orange and buy in blue.

Image of the United States Map with blue and orange circles showing rent in orange and buy in blue.

In most parts of the country owning a home is more affordable than renting one. Home-prices are rising faster than rents and wages in a majority of the country. Yet, home ownership is still more affordable, as amazingly low mortgae rates are helping to keep the cost of rising home prices in check.