This list doesn’t mean the rents are cheap; it just means they’re cheaper than the costs to buy, which are exorbitant (especially the California metro areas). The percentage is the percent difference between the median cost to buy and the median cost to rent.
- Austin, TX 136.3%
- San Francisco, CA 101.6%
- Columbus, OH 101.1%
- Sacramento, CA 99.1%
- Los Angeles, CA 96.1%
- San José, CA 95.5%
- Portland, OR 93.9%
- Boston, MA 93.8%
- Seattle, WA 91.7%