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Trulia’s Rent vs. Buy Index April 2011
Key National Findings
Key National Findings
 Top U.S. Cities Where Buying a Home Beats Renting
 Top U.S. Cities Where Renting Reigning Supreme Over Buying
 U.S. Cities with Biggest Q/Q Movement in Favor of Homeownership
Key Regional Findings
Extra INTERACTIVE RENT VS. BUY MAPCheck out Trulia’s new interactive rent vs. buy map to see the differences between renting for a year and buying a similar two-bedroom apartment, condo or townhouse in America’s 50 largest cities. http://explore.trulia.com/datavis/rentvsbuy/Q2-2011/ RENT VS. BUY CALCULATORCompare the costs of owning versus renting a home with Trulia’s rent vs. buy calculator to see which option may be a better fit for your financial needs. http://www.trulia.com/mortgage-calculators/06/rent-or-buy/
Methodology Trulia calculated the Q2 2011 price-to-rent ratio for the 50 largest U.S. cities using the median list price compared with the median rent on two-bedroom apartments, condominiums and townhomes listed on Trulia.comas of April 1, 2011.   Sample Price-to-Rent Ratio Calculation: ,[object Object]

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Trulia's Rent vs. Buy Index - Q2 2011

  • 1. Trulia’s Rent vs. Buy Index April 2011
  • 4.  Top U.S. Cities Where Buying a Home Beats Renting
  • 5.  Top U.S. Cities Where Renting Reigning Supreme Over Buying
  • 6.  U.S. Cities with Biggest Q/Q Movement in Favor of Homeownership
  • 8. Extra INTERACTIVE RENT VS. BUY MAPCheck out Trulia’s new interactive rent vs. buy map to see the differences between renting for a year and buying a similar two-bedroom apartment, condo or townhouse in America’s 50 largest cities. http://explore.trulia.com/datavis/rentvsbuy/Q2-2011/ RENT VS. BUY CALCULATORCompare the costs of owning versus renting a home with Trulia’s rent vs. buy calculator to see which option may be a better fit for your financial needs. http://www.trulia.com/mortgage-calculators/06/rent-or-buy/
  • 9.
  • 11.
  • 12. Price-to-Rent Ratio of 16-20: The total costs of homeownership in this city are greater than the costs of renting, but it might still make financial sense to buy depending on the situation.
  • 13.
  • 14. Total costs of renting include rent and renter's insurance.