Top 10 Cities to Rent Vs Buy

The common real estate wisdom has become that it makes more financial sense to own rather than rent, but the recession has changed the dynamics in the housing market, making it more and more difficult for potential home buyers to qualify for loans and expanding your pool of renters using some cities. According to a recent study, buying is still less pricey than renting in the majority of major U. S. towns. There are, however, some great cities where it's inexpensive to rent than get. Here's a profile on top 10 cities where renters can catch some terrific deals.

1. New york city

Although rents are fairly high in the big apple, they are still not nearly of up to the cost of home ownership. The most populous city in the, New York City is a worldwide leader in finance, culture, fashion, art, mass media, and a fantastic place to call home. With points of interest like Rockefeller Center, your Broadway Theatre District, Fundamental Park and Yankee Arena, New York renters never tire for activities.

2. Seattle

The following Pacific Northwest city, located on the picturesque Puget Sound, is another spot where renters receive an edge on homeowners. Referred to for Starbucks coffee, grunge music and the Space Needle, Seattle has lots involving great neighborhoods with a number of different kinds of residences. Seattle renters also love the great outdoors; waterskiing, biking and hiking are generally very popular activities using residents.

3. Kansas Town

Known for it's smooth jazz and delectable barbeque, Kansas City also gives you more fountains than any other city in the world (excluding Rome), along with very affordable rental premiums. This bustling city contains the charm and friendliness in the Midwest, mixed with an amazing array of cultural attractions, such as Crown Center and the famed City Market, which is one of the largest and most enduring public farmers' markets in your community.

4. San francisco bay area

Situated on the banks with the bay, San Francisco is an extraordinary city with some sort of rich history, great museums, top notch restaurants, hundreds of nearby wineries in addition to a housing market where it is still cheaper to rent rather than buy. Renters enjoy using the classic cable cars, shopping in Union Block and exploring the eclectic bars and restaurants inside Mission District.

5. Memphis

Memphis is a city with great barbeque and tons of southern charm. Music (blues together with rock n' roll to remain specific) also plays an important part in the city's ethnic identity and Sun Studio, located in Memphis, recorded some of the first big hits by major music stars like Elvis Presley, Johnny Funds and B. B. California king. So if you're a renter who knows ways to pick a six-string or in the event you just love tapping your toes to the beat, Memphis is a wonderful place to call home.

6. La

Though perhaps most common for movie stars and paparazzi, Los Angeles is a vivid, eclectic city with so much more to offer than it's glitzy exterior. This sunshine soaked city has some of the best restaurants in the world, top-notch museums, and activities teams that can't be beat. Some of the most effective rental units are situated the city's recently energized downtown neighborhood, which houses the beautiful Disney New music Hall, the Staples Center and L. A. Stay, a restaurant and bar spot.

7. Fortification Worth

Fort Worth is a city that mixes modern day culture with Old West fun to create a truly unique experience with regard to renters. The Fort Worth Zoo (ranked #5 in the U. S.) along with the Fort Worth Botanical Backyards are popular destinations, as will be the many great museums inside Cultural District. Downtown Fort Worth also hosts authentic, twice daily cattle drives that help modern residents stay in touch with the city's rich history.

8. Oakland

The third Californian city on the list, Oakland doesn't have the glitz and glamour of its neighbors on the north and south, but it's still an awesome city to rent in lieu of buy. Oakland has a wonderful zoo, a tremendous sports traditions (Raiders fans are notorious for a devotion to the team) and many outdoor attractions, such for the reason that nearby redwood forests where residents love to hike and camp.

9. Portland

Portland can be a spectacularly beautiful Pacific Northwest town with fantastic cultural attraction and a quirky, offbeat sensibility. Known for its brew pubs and unbiased coffee shops, Portland also boasts numerous parks and gardens, such as the World Rose Test Garden (your oldest continuously operated public rose garden in the U. S.) along with the peaceful Japanese Garden. Pioneer Courthouse Square is also a popular plaza which hosts festivals and markets all year round.

10. Albuquerque

Brand-new Mexico's largest city, Albuquerque houses world-class arts, music, museums, and festivals, including the world's largest hot air balloon festival, which takes flight every October and includes over 700 balloons. Albuquerque renters especially love to explore the city by way of the ABQ Trolley, an open-air trolley takes visitors on a tour of Albuquerque highlights, such as Museum Row, the University of Innovative Mexico, Tingley Beach, along with the Albuquerque BioPark.


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