Yes, it is still generally cheaper to rent than to buy but that is changing as the median listing price of a starter home in the 50 main metros dropped 2.9% year over year while rents declined 1.4%.
These metro areas saw the biggest decrease in median list buying price as compared with rents.
- Oklahoma City, OK
- Orlando, FL
- Seattle, WA
- Miami, FL
- Tampa, FL
- Las Vegas, NV
- Nashville, TN