Marcus Hiles Discusses Three Texas Cities Ranking As Top Places For Renting

Using on U.S. Census Bureau information, apartment search website RENTCafé conducted a study of the 100 largest cities in the U.S., studying median incomes and rent figures to conclude the most affordable U.S. cities for renting. They concluded that three north Texas cities – Plano, Irving, and Garland – are among the top 15 best areas for renters, with tenants pocketing on average as much as $43,000 after all living costs. Dallas and El Paso, followed closely by Austin and San Antonio, also offer impressive income to rental price statistics. Marcus Hiles, in response to ATTOM Data Solutions’ 2017 Rental Affordability Report, said that in Dallas/Fort Worth, renting is consistently more attainable than buying a house, a trend that is expected to continue this year as mortgage rates and market prices continue to rise. Other Texas cities ranking in the top 50 were Houston, Corpus Christi, and Fort Worth, with residents spending just over 30 percent of their income each month on rent.

Read more: http://markets.financialcontent.com/mi.adn/news/read/33671432/Marcus_Hiles_

Marcus Hiles Discusses Three Texas Cities Ranking As Top Places For Renting

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