🏡Florida cities where it makes more sense to own rather than rent
Key Findings: Florida cities dominate the top 10 places where homes are cheapest to buy relative to renting. These cities include Deltona, Palm Bay...
Key Findings: Florida cities dominate the top 10 places where homes are cheapest to buy relative to renting. These cities include Deltona, Palm Bay, Kissimmee, Palm Coast, North Port and Port St. Lucie. However, there are outliers where a mortgage costs more than rent per month – like in Miami Beach, Miami, Fort Lauderdale and Boca Raton. Only six cities offer cheaper housing costs for homeowners than renters. Homeowners in two Arizona cities (Surprise and Avondale) and in four Florida cities (Deltona, Palm Bay, Kissimmee and Palm Coast) pay less on average for a mortgage than a monthly rent check.