Renting vs. Buying: US Cities Where Renters Save the Most

Renting remains more cost-effective than buying in most U.S. cities, with average monthly savings of $908, except in Pittsburgh where buying is cheaper. Memphis shifted to favor renting due to high investor activity. Austin leads as the most renter-friendly market, with declining rents from increased rental supply. Cities like Los Angeles, San Francisco, and New York also favor renting, driven by new rental builds and slower demand for home purchases.