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
best places to buy a home
Photo by Evgeny Atamanenko from Shutterstock

Which are the best places to buy a home in the US?

Owning a house beats renting one in several key ways, as common belief dictates, starting with the fact that if you’re a homeowner, you pay down your own mortgage rather than someone else’s.

However, home ownership feels out of reach for many of us in 2023 due to a historic alignment of high sales prices and high mortgage rates.

Surprisingly, real estate analysts can still point to several large US cities where owning a house remains cheaper than renting.

But let’s get one thing straight first: you won’t find New York or San Francisco on this list. Cities like these two are places where home ownership comes at a hefty price. Instead, you’ll see cities where the home prices are low enough even during these days, as the average monthly mortgage payment there is lower than the typical monthly rent there.

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Your email address will not be published.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

  • Calendar grid with a green federal direct deposit ribbon interrupted by a red pause symbol on a Wednesday date. Surprising Things That Can Pause Your Social Security Deposit
  • Industrial blade marked with a cross cutting retirement benefit sheets that drop into a domestic ledger cart. 9 Reasons the Medicare Premium Announcement Matters More Than the COLA
  • Illustration of a man with a magnifying glass inspecting a phone displaying water and an alert buoy anchored to the seabed. 8 Ways to Check Whether a Payment Message Is Real
  • A balance scale weighs a 3.6% COLA circle against icons of utilities, groceries, and a prescription bottle. 10 Things the 3.6% COLA Will and Won't Cover in Your 2027 Budget
  • Cutaway illustration of a lit house at dusk showing home offices, storage boxes, and a sign reading "$200 / DAY, $6,000 / MO". 8 Ways to Bring In $200 a Day Without Leaving Home
  • Illustration of storefront windows with Early Access and Doorbusters signs on an autumn street beside a calendar. 10 Stores With Early Black Friday Deals Worth Checking
  • Older woman wearing glasses seated on a wooden bench, reading a Medicare & You booklet with a budget notepad on her lap. 9 Medicare Plan Comparisons That Save Money
  • Illustration of an open cardboard box connected by glowing lines to verification icons and a vault labeled settled funds. 7 Ways to Receive Money Safely When Selling Items Online
  • Illustration of a two-story house and a sedan covered by a blue protective dome beside a membership card. Is Costco Home or Car Insurance Worth It?
  • A woman sitting on brownstone steps checks a phone notification next to a cardboard package and autumn leaves. Didn't Get Your $200 Amazon Refund? Here's What to Do

Newsletter

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

Related Articles

A couple shopping for high-end deals at a modern warehouse store.

12 Costco Deals Shoppers Are Jumping on for 2026

Discover the 12 best Costco deals for 2026, including new pharmacy savings, travel packages, tech…

Read More →
home repair

7 Ways To Get Free Home Repairs (Bonus Free Discounts!)

A smiling woman researches home assistance programs on her laptop while a professional technician repairs…

Read More →
budget your groceries bulk

Experts Shared 8 Tips to Budget Your Groceries

Did you just realize that you’re overspending on food? Don’t worry, you’re not alone in…

Read More →
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 →
restaurant

You Can Spend Less at Restaurants With These 10 Tips

How much money do you spend at restaurants in a year? According to a few…

Read More →
Debt Free Lifestyle Habit

12 Debt-Free Lifestyle Habits You’ll Want to Copy TODAY

What do you think about these debt-free lifestyle habits? Even though two people could come…

Read More →
cash back credit card

6 Tips To Pay Off Credit Card Debt FAST

Are you drowning in credit card debt? We’re here to help! Between the comfort and…

Read More →

Drowning in $10,000+ of Credit Card Debt? Here’s the “No-Shame” Way Out in 2026

The heavy, sinking feeling in your chest when the credit card statement arrives. The mental…

Read More →
Charming Place

7 Charming Places Where Retirees Can Live on a Tight Budget

There are many charming places where you could live out your golden years…Which one would…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Trust & Legal

  • Contact
  • Editorial Policy
  • Advertiser Disclosure
  • FAQ
  • Subscribe
  • Unsubscribe
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • Do not sell my personal information
  • Request to Know
  • Request to Delete
  • CA Private Policy

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2026 The Money Place. All rights reserved.