Here’s where you should rent your next apartment
Homeownership rates are hovering near their lowest levels in decades. But as it turns out, that might not be a totally bad thing. In fact, some economists who’ve looked at homeownership have posited that high homeownership rates might actually be linked to higher unemployment.
But, if you’re not looking for your dream home, what about your dream city? We built this tool to help you find out the best places to rent — for any budget or lifestyle.
Just plug in your income and we’ll give you your budget, based on the old the rule of thumb that you shouldn’t spend more than 30 percent of your pre-tax earnings on housing. Then personalize your preferences and—using data provided by real estate research firm Trulia—we’ll show you affordable cities that fit your needs.
Interactive by Ron Rosenman