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Home Ownership More Affordable Than Renting in Some Markets

Both owning and renting remain difficult for the average American.

By Kristen Smithberg | February 07, 2025 at 05:55 AM

Both owning and renting a home remain difficult for the average U.S., worker, but new data from ATTOM shows that owning a home is more affordable than renting a three-bedroom property in more than half of the county-level markets across the country.

Despite median home prices generally rising faster over the past year than average rents, owning is often the more affordable choice for those who can afford a down payment.

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