Rent vs Buy: Where Should You Invest?

BUYING & RENTING WHERE SHOULD. YOU INVEST? This exclusive analysis shows which cities and metropolitan areas in the U.S. are most attractive for those looking to invest by purchasing a home or by renting. BESTINVESTMENTS Top 30 communities in the U.S. for home buying. Rental yield % Rental share of income 1 Missouri 9.1 17% Texas 2 League 8.5 17% Техas 3 St. Joseph County 8.3 17% Indiana 4 Odessa 9.1 19% Техas 5 Livonia 7.9 17% Michigan 6 Pearland 7.4 15% Техas 7 Wichita Falls 9.3 19% Texas 8 Waterloo 7.6 16% lowa 9 Cheektowaga 9.4 19% New York 10 Waterford Township 8.3 18% Michigan 11 Tonawanda 7.6 16% New York 12 Wyoming 9.5 20% Michigan 13 Sterling Heights 7.8 18% Michigan 14 Sni-A-Bar 7.3 16% Missouri 15 North Richland Hills 7.5 17% Техas 16 Parma 8.2 19% Ohio 17 Atascocita 9.5 20% Texas 18 Avon 7.9 18% linois 19 Bay 10.5 21% Texas 20 Allen 6.9 13% Техas 21 Grand Prairie 8.2 19% Техas 22 Fort Wayne 7.7 18% Indiana 23 Edinburg 7.5 17% Texas 24 San Angelo 7.9 19% Техas 25 Temple 7.8 18% Texas 26 Sioux City 8.1 19% lowa 27 Round Rock 7.5 18% Техas 28 Pasadena 8.9 20% Texas 29 Fort Worth 8.8 20% Техas 30 Capital Township 7.2 17% Illinois 10 20 TOP 30 METRO AREAS Here are the numbers for the top metropolitan areas in the U.S.: Median House Value Median Household Income E Median Monthly Rent SS Rental Share Of Income $ Rental Yield % Houston-Baytown -Huntsville South Bend 會 $ 189,278 O $75,298 E $1,086 會 $ 103,833 $41,977 A $725 18% 623% O 8.2 6 9.3 Midland-Odessa 3 Detroit-Warren -Ann Arbor $132,650 | $58,775 |$143,659 $58,041 A $878 E $940 19% 6 21% 9 8.1 O 9.8 Wichita Falls 5 Waterloo-Cedar Falls | $93,500 $45,847 |$99,200 $45,799 国 $ 728 E $629 19% 16% O 9.3 7.6 Buffalo -Cheektowaga Grand Rapids -Wyoming-Muskegon |$103,867 O$45,305 $110,850 | $48,802 E $771 国 $ 751 20% 09 20% O9.0 O 8.7 Kansas City-Overland Park-Kansas City Dallas-Fort Worth 10 $140,000 | $52,465 |$163,641 |$87,058 A 813 国 $ 974 20% 18% 9 7.5 6 7.4 Cleveland Peoria Fort Wayne McAllen -Akron-Elyria -Huntington-Auburn -Edinburg-Mission Ohio llinois * Indiana Texas T $84,66O $139,800 $98,900 T $96,025 E $643 国 $ 849 国 $ 634 E $653 $ 9.2 7.2 $7.7 S 8.3 O $33,982 O $53,558 O $42,540 O $39,209 24% 6 19% 18% 20% 11 12 13 14 San Angelo Sioux City Killeen-Temple -Fort Hood Austin-Round Rock Texas Texas lowa lexas $102,900 $116,200 $91,900 $194,850 国 $ 680 国 $ 790 E $624 E $1,016 7.9 $8.2 8.1 6.4 $43,980 O $46,756 $39,575 O $61,675 19% 20% GS 19% 20% 15 16 17 18 Corpus Christi -Kingsville Springfield Rochester-Batavia Decatur -Seneca Falls llinois New York linois Texas 5,400 $ $100,800 S $77,500 $113,900 A $693 国 $ 784 国 $ 657 E $840 7.2 9 9.8 9 10.2 $ 8.8 O $48,683 $42,004 O $37,397 O $49,336 17% 24% 6S 21% 9 20% 19 22 Topeka Cape Girardeau -Sikeston-Jackson Tulsa-Bartlesville Amarillo Kansas Oklahoma Texas Missouri/llinois T $95,400 $136,750 $115,000 T $182,100 E $679 国 $ 808 A $730 A $986 8.5 $ 7.1 7.6 $ 6.5 $40,469 $51.179 $46,028 O $74,331 20% OS 19% 19% 16% 23 24 25 26 Dubuque Lafayette -Frankfort St. Louis-St. Charles-Farmington Lawton llinois * Indiana Oklahoma Missouri $198,450 $97,200 $104,600 S $142,725 E $1,051 国 $ 696 A $763 国 $ 807 S 6.4 68.6 $4 8.8 $ 7.2 O $75,607 $40,393 $43,683 $49,887 17% 69 21% S 21% 21% 27 28 29 30 A CLOSE LOOK Top five neighborhoods in several city/metro area by rent yield percentage. 5.1% 3.7% 91331 10034 New York 3.7% City 10017 Los Angeles 3.7% 6.5% 10037 5.1% 90740 4.1% 90723 10044 5.6% 90746 3.7% 5.8% 10281 90716 20.5% 76261 21.1% 24.7% Chicago 75226 75560 9.4% 8.2% 60636 - 60621 Fort 7.4% Dallas Worth 60652 Arlington 22.13% 7.1% 75759 60620 22.1% 8.5% 60628 75102 13.6% 14.0% 18.0% 19.7% 77032 77016 48204 48205 Houston Detroit 25.6% 48211 14.9% 16.6% 16.2% 19.9% 22.0% 48228 48210 77053 77051 77033 3.1% 3.5% 5.0% 4.7% 02150 94105 94158 02114 Boston San Francisco 2.7% 2.6% 3.3% 4.8% 4.7% 4.6% 02122 94132 94112 94107 02126 02191 13.8% 63140 Seattle 13.9% 63137 13.4% 4.7% 4.0% 63115 98168 98178 15.6% St. Louis 4.1% 63120 98148 13.9% 4.6% 4.4% 63133 98198 98188 www.mortgagedex.com/rent-buy 21 20 KEY