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The 10 Most Cost-Effective Cities to Rent In
There are a lot of questions to ask yourself when choosing a city to rent in. Chief among them: where you’ll get the biggest bang for your buck. And while many renters do this research based on where the rent is the cheapest, perhaps it’s the wrong way to look at the issue. A new report by BusinessStudent.com takes a different approach, looking not at the cities where you will find the most reasonable rent prices, but at the cities where the rent prices, when compared to the average salary, suggest you’ll have the most left over each year after paying your landlord every month. So pack up your bags and book the moving truck—here are the 10 most cost-effective cities to rent in if you want your salary to stretch as far as possible.
Palo Alto, California
San Jose, California
Detroit, Michigan
Dallas, Texas
Sunnyvale, California
Chicago, Illinois
Houston, Texas
Raleigh, North Carolina
Fort Worth, Texas
Las Vegas, Nevada
About the BusinessStudent.com study: Wondering how the report got its data? BusinessStudent.com came up with their numbers by looking at Indeed’s listing of the average salary of more than 125 various business careers and then comparing those to the average two-bedroom rental price as reported by Rent Jungle. To see the breakdown and dive deeper into the data, check out the full report here.