The U.S. is a tale of two real estate markets right now. In two-thirds of the country, buying a home is more affordable than renting. But the opposite is true in the most populous metropolitan areas.
That’s according to ATTOM Data Solutions, which recently released its 2021 Rental Affordability Report. Owning a median-priced, three-bedroom home is easier to afford than renting the same type of property, ATTOM’s analysis shows, in 63% of the 915 U.S. counties it examined.