{"id":7909,"date":"2018-01-26T00:00:00","date_gmt":"2018-01-26T00:00:00","guid":{"rendered":"https:\/\/amazingproperty.com.ng\/blog\/the-most-affordable-rental-housing-markets\/"},"modified":"2018-01-26T00:00:00","modified_gmt":"2018-01-26T00:00:00","slug":"the-most-affordable-rental-housing-markets","status":"publish","type":"post","link":"https:\/\/amazingproperty.com.ng\/blog\/the-most-affordable-rental-housing-markets\/","title":{"rendered":"The Most Affordable Rental Housing Markets"},"content":{"rendered":"

\n<\/p>\n

\n <\/p>\n
<\/p>\n

Major metros can still offer<\/a> bargains for investors. Chicago emerged at the top of the list as the most affordable metro for renters, according to newly released rankings by HomeUnion, a real estate<\/a> investment management firm. Chicago was the only metro nationwide in its analysis where renters, in general, spent less than 20 percent of their annual income on housing<\/a>.<\/p>\n

\u201cWith its low cost of living, relatively large housing inventory levels, and high affordability, Chicago is an excellent market for residents entering the renting pool,\u201d says Steve Hovland, director of research for HomeUnion.<\/p>\n

The 10 most affordable rental markets in the nation are:<\/p>\n

\"\"<\/p>\n

\u00a0\n<\/p>\n

Meanwhile, the 10 most expensive rental markets are:<\/p>\n

\"\"<\/p>\n

\u00a0\n<\/p>\n

Source: HomeUnion<\/em><\/p>\n

\u00a0<\/p>\n<\/div>\n<\/div>\n

Realtors <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Major metros can still offer bargains for investors. Chicago emerged at the top of the list … The Most Affordable Rental Housing Markets<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":7910,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[4],"tags":[63,344,8752,41,818,84,116,479,678,645],"class_list":["post-7909","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-opportunities-in-new-markets","tag-for-rent","tag-housing","tag-most-affordable","tag-property","tag-real","tag-real-estate","tag-real-estate-investment","tag-realtor","tag-rental","tag-renting"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/Homeunion_affordable1.png?fit=392%2C258&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":7766,"url":"https:\/\/amazingproperty.com.ng\/blog\/best-places-to-buy-rental-properties-this-winter\/","url_meta":{"origin":7909,"position":0},"title":"Best Places to Buy Rental Properties This Winter","author":"Amazing Property","date":"January 9, 2018","format":false,"excerpt":"The winter off-peak period may be the best time for investors to snag\u00a0a deal on a single-family rental property. Single-family rental investors paid 6.6 percent less per square foot on the same property during the winter of 2017\/2018 than they did during the spring and summer buying season of 2017,\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"Homeunion.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/HomeUnion.png?fit=1200%2C967&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/HomeUnion.png?fit=1200%2C967&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/HomeUnion.png?fit=1200%2C967&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/HomeUnion.png?fit=1200%2C967&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/HomeUnion.png?fit=1200%2C967&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":6009,"url":"https:\/\/amazingproperty.com.ng\/blog\/20-biggest-college-town-rent-hikes\/","url_meta":{"origin":7909,"position":1},"title":"20 Biggest College Town Rent Hikes","author":"Amazing Property","date":"August 30, 2017","format":false,"excerpt":"\u00a0 Proximity to highly regarded colleges comes at a price, according to a new study released by HomeUnion, an online residential real estate investment management firm. Students living within a two-mile radius of the University of California, Los Angeles, and Stanford University face the highest rents in the nation, according\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"DN_colleges_HomeUnion-chart.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/DN_colleges_HomeUnion%20chart.png?fit=603%2C570&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/DN_colleges_HomeUnion%20chart.png?fit=603%2C570&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2017\/08\/DN_colleges_HomeUnion%20chart.png?fit=603%2C570&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":2445,"url":"https:\/\/amazingproperty.com.ng\/blog\/renters-now-dominate-in-half-of-cities\/","url_meta":{"origin":7909,"position":2},"title":"Renters Now Dominate in Half of Cities","author":"Amazing Property","date":"March 24, 2017","format":false,"excerpt":"Fifty-two of the 100 largest U.S. cities were majority renter in 2015, according to U.S. Census Bureau data. Since 2009, 21 cities had shifted to renter-rule. Renters now dominate in both hot housing markets such as Denver and San Diego and more tame markets like Detroit and Baltimore. Read more:\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4452,"url":"https:\/\/amazingproperty.com.ng\/blog\/where-investors-get-the-biggest-returns\/","url_meta":{"origin":7909,"position":3},"title":"Where Investors Get the Biggest Returns","author":"Amazing Property","date":"May 8, 2017","format":false,"excerpt":"Soaring home prices aren't denting investors' appetite in many markets. \"We are seeing more investors and new investors,\" says Steve Hovland, director of research at HomeUnion, a real estate investment marketplace. \"The Fed has really been helping us out. Interest rates are not as high as they have been in\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":719,"url":"https:\/\/amazingproperty.com.ng\/blog\/10-top-rental-markets-for-investors\/","url_meta":{"origin":7909,"position":4},"title":"10 Top Rental Markets for Investors","author":"Amazing Property","date":"February 10, 2017","format":false,"excerpt":"[ad_1] Atlanta is HomeUnion\u2019s latest top pick as the market that could offer the best opportunities for single-family rental investors. Home prices in Atlanta have yet to recover as solidly as other markets so investors there are more likely to jump in at a lower cost, yet still be able\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7779,"url":"https:\/\/amazingproperty.com.ng\/blog\/buying-better-than-renting-in-54-of-markets\/","url_meta":{"origin":7909,"position":5},"title":"Buying Better Than Renting in 54% of Markets","author":"Amazing Property","date":"January 12, 2018","format":false,"excerpt":"Despite rising prices, buying a home makes more sense than paying increasingly high rents in more than half of the U.S. Buying a median-priced home is more affordable than renting a three-bedroom property in 240 of 447\u2014or 54 percent\u2014of U.S. counties analyzed, according to a new report released by ATTOM\u2026","rel":"","context":"In "Opportunities In New Markets"","block_context":{"text":"Opportunities In New Markets","link":"https:\/\/amazingproperty.com.ng\/blog\/category\/opportunities-in-new-markets\/"},"img":{"alt_text":"1 Rss.png","src":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/1_rss.png?fit=599%2C586&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/1_rss.png?fit=599%2C586&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/amazingproperty.com.ng\/blog\/wp-content\/uploads\/2018\/01\/1_rss.png?fit=599%2C586&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/7909","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=7909"}],"version-history":[{"count":0,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/posts\/7909\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media\/7910"}],"wp:attachment":[{"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=7909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=7909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amazingproperty.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=7909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}