17 housing markets where it's smarter to buy than rent

Metro Area: Orlando-Kissimmee-Sanford, FL Population: 300,926 Median Weekly Income: $665 Average Monthly Rent: $1,405 Estimated Monthly House Payment: $1,109 Percent of median income saved from buying instead of renting: 10.26%Metro Area: Jacksonville, FL Population: 872,598 Median Weekly Income: $911 Average Monthly Rent: $1,356 Estimated Monthly House Payment: $936 Percent of median income saved from buying instead of renting: 10.64%Metro Area: Detroit-Warren-Dearborn, MI Population: 1,804,507 Median Weekly Income: $1,059 Average Monthly Rent: $1,234 Estimated Monthly House Payment: $738 Percent of median income saved from buying instead of renting: 10.81%Metro Area: Deltona-Daytona Beach-Ormond Beach, FL Population: 496,268 Median Weekly Income: $713 Average Monthly Rent: $1,290 Estimated Monthly House Payment: $953 Percent of median income saved from buying instead of renting: 10.90%Metro Area: Providence-Warwick, RI-MA Population: 549,870 Median Weekly Income: $900 Average Monthly Rent: $2.027 Estimated Monthly House Payment: $1,551 Percent of median income saved from buying instead of renting: 12.22%Metro Area: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Population: 1,536,704 Median Weekly Income: $1,137 Average Monthly Rent: $1,502 Estimated Monthly House Payment: $891 Percent of median income saved from buying instead of renting: 12.41%Metro Area: Fayetteville, NC Population: 322,033 Median Weekly Income: $760 Average Monthly Rent: $1,234 Estimated Monthly House Payment: $818 Percent of median income saved from buying instead of renting: 12.63%Metro Area: Washington-Arlington-Alexandria, DC-VA-MD-WV Population: 873,481 Median Weekly Income: $1,002 Average Monthly Rent: $2,144 Estimated Monthly House Payment: $1,591 Percent of median income saved from buying instead of renting: 12.74%Metro Area: Lakeland-Winter Haven, FL Population: 610,295 Median Weekly Income: $735 Average Monthly Rent: $1,284 Estimated Monthly House Payment: $878 Percent of median income saved from buying instead of renting: 12.75%Metro Area: Mobile, AL Population: 413,188 Median Weekly Income: $827 Average Monthly Rent: $1,111 Estimated Monthly House Payment: $637 Percent of median income saved from buying instead of renting: 13.23%Metro Area: Miami-Ft. Lauderdale-West Palm Beach, FL Population: 1,784,889 Median Weekly Income: $907 Average Monthly Rent: $1,907 Estimated Monthly House Payment: $1,370 Percent of median income saved from buying instead of renting: 13.66%Metro Area: Ocala, FL Population: 333,503 Median Weekly Income: $679 Average Monthly Rent: $1,132 Estimated Monthly House Payment: $719 Percent of median income saved from buying instead of renting: 14.02%Metro Area: Phoenix-Mesa-Scottsdale, AZ Population: 379,128 Median Weekly Income: $758 Average Monthly Rent: $1,419 Estimated Monthly House Payment: $932 Percent of median income saved from buying instead of renting: 14.83%Metro Area: Pensacola-Ferry Pass-Brent, FL Population: 300,795 Median Weekly Income: $763 Average Monthly Rent: $1,228 Estimated Monthly House Payment: $727 Percent of median income saved from buying instead of renting: 15.14%Metro Area: Baltimore-Columbia-Towson, MD Population: 621,445 Median Weekly Income: $1,094 Average Monthly Rent: $1,663 Estimated Monthly House Payment: $823 Percent of median income saved from buying instead of renting: 17.72%Metro Area: Tampa-St. Petersburg-Clearwater, FL Population: 468,194 Median Weekly Income: $718 Average Monthly Rent: $1,407 Estimated Monthly House Payment: $832 Percent of median income saved from buying instead of renting: 18.47%Metro Area: Lexington-Fayette, KY Population: 300,843 Median Weekly Income: $866 Average Monthly Rent: $1,217 Estimated Monthly House Payment: $217 Percent of median income saved from buying instead of renting: 26.65%NOW CHECK OUT: 18 US housing markets where you're likely to live near a 'manmade environmental hazard'»

17 housing markets where it's smarter to buy than rent

17. Lake County, FL

16. Duval County, FL

15. Wayne County, MI

14. Volusia County, FL

13. Bristol County, MA

12. Philadelphia County, PA

11. Cumberland County, NC

10. Prince George's County, MD

9. Polk County, FL

8. Mobile County, AL

7. Broward County, FL

6. Marion County, FL

5. Pinal County, AZ

4. Escambia County, FL

3. Baltimore City County, MD

2. Pasco County, FL

1. Fayette County, KY

17 housing markets where it's smarter to buy than rent

NOW CHECK OUT: 18 US housing markets where you're likely to live near a 'manmade environmental hazard'»