The 25 US cities where renters are becoming homeowners the quickest

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Texas cities (like San Antonio, above) dominated the list.

• A recent study by SmartAsset, a financial technology company, calculated the average time it takes for renters to become homeowners in the largest 100 US cities.
• The study measured each city on five variables, including the area's annual rent and and the area's average closing costs. The study assumed renters eager to buy a home are saving 40% of their post-tax, post-rent annual income.
• In the 25 cities where renters become homeowners the quickest, the estimated average time it takes to save is less than five years.
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The road to homeownership for some American renters can be bumpy.

Depending on things like annual savings, income, living expenses, and local home values, some renters are able to save enough to become homeowners quicker than others.

Read more: The 10 cheapest states to buy a home in right now

A recent study by SmartAsset, a financial technology company, calculated the average time it takes for renters to become homeowners in the 100 largest US cities.

The study measured each city on five variables:

• The median income for residents
• The estimated income tax rate for residents
• The area's median annual rent
• The area's median home value
• The area's average closing costs

You can read more about the methodology in this study here. It assumes renters eager to buy a home are saving 40% of their post-tax, post-rent annual income.

These are the 25 cities where renters are able to become homeowners the quickest, in order of the longest to the shortest amount of time it takes to save for upfront home costs (which here includes both a 20% down payment and the area's average closing costs).