Home In the U.S. 10 best US cities to buy a home

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10 best US cities to buy a home

'20.01.2016' Source: Business Insider Subscribe to ForumDaily on Google News

Фото: Depositphotos

The calculations took into account the average cost of rental housing, the size of mortgage payments and the cost of buying a home. The break-even indicator was calculated on the basis of how much rental payments exceed the cost of buying a home in a particular city.

Tampa, FL

Average monthly rent: $ 1349

Average monthly mortgage payments: $ 776

Average house price: $ 191536

Break-even indicator: 4,1

Tampa, FL Photo: Depositphotos

Charlotte, North Carolina

Average monthly rent: $ 1168

Average monthly mortgage payments: $ 757

Average house price: $ 186693

Break-even indicator: 4,1

Atlanta, Georgia

Average monthly rent: $ 1 263

Average monthly mortgage payments: $ 823

Average house price: $ 202 969

Break-even indicator: 4,1

Miami, FL

Average monthly rent: $ 1 722

Average monthly mortgage payments: $ 1 013

Average house price: $ 249952

Break-even indicator: 4,0

Baltimore, MD

Average monthly rent: $ 1599

Average monthly mortgage payments: $ 995

Average house price: $ 245453

Break-even indicator: 3,8

Baltimore, MD Photo: Depositphotos

Austin, Texas

Average monthly rent: $ 1454

Average monthly mortgage payments: $ 742

Average house price: $ 183134

Break-even indicator: 3,7

St. Louis, MO

Average monthly rent: $ 1131

Average monthly mortgage payments: $ 667

Average house price: $ 164493

Break-even indicator: 3,6

St. Louis, Missouri Photos: Depositphotos

Dallas, Texas

Average monthly rent: $ 1302

Average monthly mortgage payments: $ 594

Average house price: $ 146616

Break-even indicator: 3,2

Philadelphia, Pennsylvania

Average monthly rent: $ 1414

Average monthly mortgage payments: $ 640

Average house price: $ 157802

Break-even indicator: 2,9

Philadelphia, PA. Photo: Depositphotos

Detroit, Michigan

Average monthly rent: $ 1206

Average monthly mortgage payments: $ 432

Average house price: $ 106456

Break-even indicator: 2,6

Previously, ForumDaily reported on 10 cities, where in 2016 will take off real estate prices. In addition, we collected information about what real estate can be bought in America for a million.

Мы писалand how housing has risen in price over the past thirty years. Given such changes in the cost, many people decide to rent housing. Read our step by step instructions, how to do it.