In an analysis by Point2Homes, the top 75 largest metro areas in the United States have been evaluated using 25 key indicators to determine the best places for renting a house, whether it be a single-family rental (SFR) or a build-to-rent (BTR) property. The study aimed to identify locations that offer stability and comfort for renters.
Richmond, Virginia, and Raleigh, North Carolina, emerged as the top two locations, scoring 63.41 and 63.15 out of 100, respectively. These cities excel in providing the essential qualities that renters seek. Following closely behind were Salt Lake City, Utah, with a score of 62.93; Boise, Idaho, at 61.68; Honolulu, Hawaii, at 61.07; Allentown, Pennsylvania, at 60.99; Pittsburgh, Pennsylvania, at 60.59; Virginia Beach, Virginia, at 59.92; Hartford, Connecticut, at 59.60; and Omaha, Nebraska, at 59.33.
The East Coast was particularly notable, with five of the top 10 locations situated there, including a sixth in Pennsylvania. Additionally, Omaha and St. Louis stood out as economic leaders, boasting lower renters' insurance and unemployment rates. In these cities, more than half of single-family households can comfortably afford housing costs.
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