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Your email address will not be published.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

  • 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
  • A confident woman working on her taxes at a bright, organized home office desk. IRS Alert: 6 Mistakes That Could Inflate Your Tax Bill
  • A woman looks thoughtfully at a tablet in a modern kitchen, representing financial planning for rising costs. Unfortunately, We'll Pay More for These 6 Things in 2026
  • A woman smiling at her phone in a bright living room with a delivery package on the table. The Best Amazon Prime Perks You Should Be Using in 2026
  • A woman smiling at her phone in a bright kitchen, representing the relief of receiving a tax refund. When Will Your 2026 Tax Refund Arrive? IRS Timeline Explained
  • A shopper looking at a grocery checkout screen with the New York City skyline in the background. 10 US Cities Where Grocery Prices Are Highest in 2026
  • A person reviewing tax documents on a laptop in a bright, modern home office. Tax Season Warning: How IRS Budget Cuts May Affect Your Refund
  • Editorial illustration of a gold gavel striking tax forms on a navy background. Trump's $10B IRS Lawsuit Could Upend the 2026 Tax Filing Season
  • IRS refund Tax Refund Alert: Americans May See a $1,000 Increase in 2026

Newsletter

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

Related Articles

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 →
traveling on a budget

Traveling on a Budget This Season? 8 Tips and Tricks for Beginners

Traveling is amazing, but what if you can’t afford to go to a specific destination?…

Read More →
checked baggage recession

Tired of Checked Bag Fees? These 6 Hacks May Help

Traveling by plane isn’t affordable in most cases to begin with, but checked bag fees…

Read More →
thanksgiving dinner on a budget

Thanksgiving Dinner on a Budget: 4 Tips for a Plentiful Dinner

A smiling woman reviews her shopping list beside a basket of fresh apples and squash…

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 →
hotel

7 Hacks to Get Cheaper Hotel Rooms Everywhere You Go

A woman relaxes with coffee, admiring the Paris skyline from a bright hotel room secured…

Read More →
Home Renovation

7 Home Renovations That Will Hurt Your Home’s Value

Visualize your dream home while standing in a bright, empty room featuring classic hardwood floors…

Read More →
A close-up shot of a person's hands writing in a notebook beside a wall calendar marked with bills and income dates.

Budgeting on a Fixed Income: A Month-by-Month Survival Guide

Living on a fixed income from Social Security, a pension, or an annuity presents a…

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 →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Explore

  • Subscribe
  • Unsubscribe
  • Newsletter
  • Terms and Conditions
  • Do not sell my personal information
  • Privacy Policy
  • Contact

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2026 The Money Place. All rights reserved.