Wed. Dec 6th, 2023
Missouri is coming in at the middle again, this time when it comes to the cost of renting a home.
According to WalletHub dot com, they looked at 182 cities across the US and factored in the cost of living, inflation and more to determine which cities were the best and worse for renters.
They say that Kansas City has the highest ranking for the Show Me State, coming in at #71 while St. Louis was 87th and Springfield was 165th.
Be that as it may, the # 1 place for renters is actually nearby Overland Park, Kansas, which is in the KC Metro but outside of Missouri.
It’s followed by Scottsdale Arizona, Bismarck North Dakota, Sioux Falls South Dakota and Chandler Arizona.
Here’s the full report:
With rental prices having experienced a 6.2% year-over-year increase last year, the second highest in decades, the personal-finance website WalletHub today released its report on 2023’s Best & Worst Places to Rent in America, as well as expert commentary. To help prospective renters get the most bang for their buck, WalletHub compared more than 180 U.S. cities based on 21 key indicators of rental attractiveness and quality of life. The data set ranges from historical rental-price changes to the cost of living to job availability.
|Best Cities for Renters||Worst Cities for Renters|
|1. Overland Park, KS||173. Hialeah, FL|
|2. Scottsdale, AZ||174. Shreveport, LA|
|3. Bismarck, ND||175. Huntington, WV|
|4. Sioux Falls, SD||176. New Orleans, LA|
|5. Chandler, AZ||177. Chattanooga, TN|
|6. Fargo, ND||178. Akron, OH|
|7. Plano, TX||179. Jackson, MS|
|8. Lincoln, NE||180. Memphis, TN|
|9. Irvine, CA||181. Cleveland, OH|
|10. Nashua, NH||182. Detroit, MI|
Best vs. Worst