2024-08-02
With the increasing number of rent-burdened households across the United States, finding the ideal city for renters has become crucial.
Forbes Advisor has recently published a comprehensive ranking of the best cities for renters based on a variety of factors such as average rental prices, unit sizes, crime rates, and pet-friendliness.
Let’s take a closer look at the top cities that made the list and what they have to offer.
Chandler, Arizona
Securing the top spot on Forbes Advisor's list, Chandler presents a compelling case for renters.
With a significant drop in year-over-year average rent prices and spacious rental units, Chandler offers great value for its residents. Its low percentage of rent-burdened households and above-average median household income further add to its appeal.
Additionally, Chandler boasts numerous amenities, including washers and dryers, dishwashers, and on-site gyms.
Gilbert, Arizona
Coming in second place, Gilbert showcases a low crime rate and high median household income, making it an attractive destination for renters. With a relatively small percentage of households spending over 30% of their income on rent, Gilbert offers affordability and financial stability.
The city also offers diverse rental options and hosts a thriving farmer's market, fostering a vibrant community atmosphere.
Henderson, Nevada
Securing the third spot on the list, Henderson is a haven for dog lovers, boasting a high percentage of pet-friendly rentals and an impressive number of dog parks. Additionally, Henderson benefits from a significant decrease in year-over-year rental prices, providing renters with cost savings.
The city is also known for its numerous food and beverage establishments and easy access to park facilities.
Plano, Texas
Taking the fourth position is Plano, offering renters a range of desirable features. With abundant parking availability, gyms, and on-site laundry facilities in rental units, Plano prioritizes convenience and comfort.
Renters in Plano also enjoy a low percentage of rent-burdened households and spacious one- and two-bedroom units. However, non-apartment rental options may be limited in this city.
Austin, Texas
Closing out the top five cities for renters is Austin, a thriving city that boasts a decrease in year-over-year rent prices and a modest median household income. Austin stands out for its abundance of pet-friendly rentals and higher-than-average transit score.
However, it is essential to note that crime rates in Austin are higher compared to other cities on the list.
Conclusion
For renters looking for the perfect city to call home, Forbes Advisor's list provides valuable insights and options. From the affordable and spacious units in Chandler to the vibrant community atmosphere in Gilbert and the pet-friendly environment in Henderson, these cities offer a wealth of options.
Whether you prioritize affordability, convenience, or amenities, these top-ranked cities are worth considering when searching for your next rental property.
Forbes Advisor Reveals The Best Cities for Renters in 2024
With the increasing number of rent-burdened households across the United States, finding the ideal city for renters has become crucial.
Forbes Advisor has recently published a comprehensive ranking of the best cities for renters based on a variety of factors such as average rental prices, unit sizes, crime rates, and pet-friendliness.
Let’s take a closer look at the top cities that made the list and what they have to offer.
Chandler, Arizona
Securing the top spot on Forbes Advisor's list, Chandler presents a compelling case for renters.
With a significant drop in year-over-year average rent prices and spacious rental units, Chandler offers great value for its residents. Its low percentage of rent-burdened households and above-average median household income further add to its appeal.
Additionally, Chandler boasts numerous amenities, including washers and dryers, dishwashers, and on-site gyms.
Gilbert, Arizona
Coming in second place, Gilbert showcases a low crime rate and high median household income, making it an attractive destination for renters. With a relatively small percentage of households spending over 30% of their income on rent, Gilbert offers affordability and financial stability.
The city also offers diverse rental options and hosts a thriving farmer's market, fostering a vibrant community atmosphere.
Henderson, Nevada
Securing the third spot on the list, Henderson is a haven for dog lovers, boasting a high percentage of pet-friendly rentals and an impressive number of dog parks. Additionally, Henderson benefits from a significant decrease in year-over-year rental prices, providing renters with cost savings.
The city is also known for its numerous food and beverage establishments and easy access to park facilities.
Plano, Texas
Taking the fourth position is Plano, offering renters a range of desirable features. With abundant parking availability, gyms, and on-site laundry facilities in rental units, Plano prioritizes convenience and comfort.
Renters in Plano also enjoy a low percentage of rent-burdened households and spacious one- and two-bedroom units. However, non-apartment rental options may be limited in this city.
Austin, Texas
Closing out the top five cities for renters is Austin, a thriving city that boasts a decrease in year-over-year rent prices and a modest median household income. Austin stands out for its abundance of pet-friendly rentals and higher-than-average transit score.
However, it is essential to note that crime rates in Austin are higher compared to other cities on the list.
Conclusion
For renters looking for the perfect city to call home, Forbes Advisor's list provides valuable insights and options. From the affordable and spacious units in Chandler to the vibrant community atmosphere in Gilbert and the pet-friendly environment in Henderson, these cities offer a wealth of options.
Whether you prioritize affordability, convenience, or amenities, these top-ranked cities are worth considering when searching for your next rental property.
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