Based on data from the 2022 American Community Survey, 24/7 Wall St. identified the 50 cities with the lowest rents, focusing on affordability and living costs.
Owning a home involves expenses like repairs and taxes, while renting avoids these costs, offers amenities, and provides flexibility for those needing to move.
In the revealed list of cities with the lowest rents, half are situated in the South, showcasing regional differences in rental affordability across the United States.
Median rent prices in the identified metro areas range from $858 to $670, clearly illustrating that renting remains a more accessible option compared to home ownership.
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