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The most renter-friendly cities in the U.S.

The most renter-friendly cities in the U.S. in 2011*

United States; Forbes; TCG Marcus & Millichap; 2011 Source: Forbes; TCG Marcus & Millichap

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The statistic represents America's 10 most renter-friendly cities based on the Forbes/Marcus & Millichap criteria* as of June 2011. At an average monthly rent of 685 U.S. dollars, Phoenix, Arizona was ranked third.

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Finance, Insurance & Real Estate , Real Estate & Property

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Survey time period 2011

Object of investigation Most renter friendly cities

Region United States

Macroregion North-America only

Type Ranking

Category customers/user/disposal

Relevance 3

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Published by Urban Land Institute

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Release date April 2011

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Top tags living, ratio, property, Cities, Home, home ownership rate

Markets and sectors Finance, Insurance & Real Estate, Real Estate & Property

Further information * As of June, 2011. Forbes and Marcus & Millichap rated the 44 biggest cities in the U.S. based on four criteria: Average rent in the first quarter and how much it changed year-over-year; vacancy rates, since more empty units mean more choices and usually better prices; and lastly the cost of renting versus buying. (In the case of New York City, we limited our analysis to Manhattan due to a lack of data for other areas of the city.)

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