It is more affordable to rent a house than to buy one in 59 % of America 's rental market , according to a new report by ATTOM & Solutions . Renting is the cheaper option in 442 of 755 counties analysed . Average weekly wages increased at a faster rate than average market rental prices in 361 of the 755 counties . Furthermore , average house prices are rising at 5 % annually , faster than the 3.5 % average rental prices in 531 of the 755 counties .
It is more affordable to rent a home than to buy one in 59% of America's housing market, according to a new report by ATTOM Data Solutions. Renting is the cheaper option in 442 of 755 counties analysed. Average weekly wages increased at a faster rate than average market rental prices in 361 of the 755 counties. Furthermore, average house prices are rising at 6.7% annually, faster than the 3.5% average rental prices in 531 of the 755 counties.