Make money work for you!

  • Home
  • Personal Finance
  • Budgeting
  • Shopping
  • Taxes

9 US Cities Where Buying a Home Is Cheaper Than Renting

July 14, 2023 · Budgeting
st louis
Photo by Sean Pavone from Shutterstock

6. St. Louis

A starter home currently costs 34% more in St. Louis than just 12 months ago, according to the latest data. Still, mortgage payments are still cheaper than renting, making this city one of the best places to buy a home in the US. Monthly costs for homebuyers are on average $1,128 in St. Louis, compared to $1,211 in monthly rents.

7. Houston

Next on the best places to buy a home, we have Houston. While there isn’t a big difference between owning a house and renting one in America’s fourth-largest city when it comes to money, every amount saved is welcome these days.

Median mortgage costs and rents both fall in the $2,300–$2,400 range in Houston, with house ownership being 1% cheaper than renting.

Pages: 1 2 3 4 5 6 7 8

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • Trump's Signature Is About to Appear on U.S. Dollar Bills — Here's What That Means
  • Drowning in $10,000+ of Credit Card Debt? Here’s the "No-Shame" Way Out in 2026
  • Social Security Alert: Up to $5,181 Hitting Accounts This Week
  • A senior couple reviews their household budget on a laptop in a bright, modern kitchen. Social Security's 2027 COLA Could Be the Smallest in Years
  • A person showing a digital discount coupon on their phone to a pharmacist at a bright, modern pharmacy counter. TrumpRx Is Here - But Will It Actually Lower Your Drug Costs?
  • A happy couple shopping with a full cart at a warehouse club in 2026. Top 10 Sam's Club Deals You Can't Ignore in 2026
  • A couple shopping for high-end deals at a modern warehouse store. 12 Costco Deals Shoppers Are Jumping on for 2026
  • A high-end desk setup with a Social Security card and a gold pen, representing presidential financial benefits. Is Trump on Social Security? A Look at Presidential Benefits
  • A person thoughtfully choosing a card from their wallet at a checkout counter. 5 Places to Avoid Using Your Debit Card and 3 Safe Spots
  • A mature couple looking at a tablet together on a sunny patio, appearing confident about their financial future. Married or Divorced? Don't Miss This Social Security Tip That Could Increase Your Checks

Newsletter

Get money-saving tips and personal finance advice delivered to your inbox.

Related Articles

Easter on a budget

Celebrate Easter on a Budget with These 8 Hacks!

Brighten your Easter table with affordable DIY cardboard bunny garlands, fresh wildflowers, and a carton…

Read More →
traveling

9 Great Ways to Stay on a Budget While Traveling

Savoring coffee while journaling in a historic plaza proves that slow, budget-friendly travel is the…

Read More →
retirement

Got Retirement Savings? Here’s How to Manage Them Right

Let’s be honest: managing money was never easy, especially during the work years. But when…

Read More →
best beach towns for retired homebuyers

4 Best Beach Towns for Retired Homebuyers

Port Arthur (cont.) What makes Port Arthur one of the best beach towns for retired…

Read More →
New Year budgeting

6 Essential Steps for New Year Budgeting Success

A smartphone displaying a finance app sits on a marble desk next to a latte…

Read More →
gas

Americans Save Money on Gas With These 10 Great Tips

Monitor your fuel spending by keeping gas receipts organized in your wallet while sitting in…

Read More →
thanksgiving

9 Best Tips to Spend Thanksgiving on a Budget

6. Use what ingredients you already have Don’t forget to check your fridge before going…

Read More →
items

7 Items You’re Better Off Getting Second-Hand

Weathered hands cradle a well-worn book, showing how some treasures become even more meaningful the…

Read More →
approval process, mistakes

Avoid These 10 Kitchen Mistakes That Will Cost You a Fortune

A ceramic piggy bank sits on a sunlit kitchen counter, symbolizing how common cooking mistakes…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Trust & Legal

  • Subscribe
  • Unsubscribe
  • Newsletter
  • Terms and Conditions
  • Do not sell my personal information
  • Privacy Policy
  • Contact
  • Request to Know
  • Request to Delete
  • CA Private Policy

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2026 The Money Place. All rights reserved.