Renting continues to be more affordable than buying in 49 of the 50 largest U.S. cities, with just one Midwestern metro bucking the national trend.
The home of the Pittsburgh Steelers and the renowned Carnegie Museums, Pittsburgh stands out as the sole major metro where becoming a first-time homeowner is more economical than paying monthly rent, according to the Realtor.com®June 2025 Rental Report released Thursday.
The most recently available data analyzed by Realtor.com researchers showed that leasing a median home in the Steel City, ranging in size from a studio to a two-bedroom, last month cost $1,473—well below the national median asking rent of $1,711…