Located 50 miles outside Boston, Worcester is home to a minor league baseball team and several colleges and universities that attract a steady stream of residents and drive economic growth. Homes have depreciated 7.4% over the past year, but renting still looks attractive. Just 21.1% of renters pay more than 50% of household income for rent and utilities.
Top 10 Most Affordable U.S. Cities for Renters
With home buying reaching a new low, more people are looking to rent. Even with increased demand, Harvard's Joint Center for Housing Studies found some U.S. cities that are still refreshingly rent-friendly.
5. Worcester, Mass.
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Top 10 Most Affordable U.S. Cities for Renters