By DANIEL SONNINSHINE
Looking to make a life change and rent in a new location? You might want to strongly consider Arizona, according to WalletHub. The popular financial-advice site has released its annual list of best and worst cities for renters, and six out of the top ten cities are in Arizona.
The rankings are based on comparisons of “more than 180 U.S. cities based on 22 key indicators of rental attractiveness and quality of life,” according to Diana Polk, WalletHub Communications Manager. These indicators fall within two main dimensions, rental market and affordability and quality of life. Within the rental market and affordability dimension are factors such as average home square footage, historical rental-price changes, and cost of living. Within the quality of life dimension are factors such as job market, driver friendliness, and recreation friendliness.
WalletHub notes that approximately 43 million Americans are currently renting, while rental prices have consistently risen, increasing 2.8% in 2017. So where should you look for that perfect combination of affordability and quality of life? Here are the top ten cities, according to the report:
Best Cities for Renters
- Scottsdale, AZ
- Peoria, AZ
- Chandler, AZ
- Gilbert, AZ
- Fargo, ND
- Bismarck, ND
- Overland Park, KS
- Lincoln, NE
- Mesa, AZ
- Tempe, AZ
And which cities to avoid? Here are the bottom ten from the list:
- Jackson, MS
- Hialeah, FL
- Providence, RI
- Baltimore, MD
- Bridgeport, CT
- Huntington, WV
- New Haven, CT
- Cleveland, OH
- Memphis, TN
- Detroit, MI
The full list can be found at https://wallethub.com/edu/best-cities-for-renters/23010/.
Daniel Sonninshine is an Empire State News staff writer, who is in search of greatness. A 20-something smart fellow, he is now lifting weights in an effort to obtain more power. If that doesn’t work, he will ask to write more editorials for Empire State News and less fact articles.
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