Among the 150 largest U.S. housing markets, affordable locations with abundant jobs were the most popular among renters, according to a recent study by RentCafe. Listings in Atlanta saw the most user engagement from March 2022 to March 2023, followed by Kansas City, Mo., and Albuquerque, N.M.
Despite a 17% drop in available listings, Manhattan, N.Y., saw a 31% jump in saved personalized searches since last March, and Florida also saw a large increase in renter traffic, The New York Times reports.
Though scattered around the country, these markets share important traits — they’re relatively inexpensive and have healthy economies, according to the report.
Florida deserves a mention. The Sunshine State has been drawing buyers and renters eager for warm weather and low taxes. Orlando cracked the top 10, while Fort Lauderdale, a budget-friendly option to adjacent Miami, placed a respectable 25th.
For the full list of the nation’s top rental markets …
Advertisement
Related Stories
Housing Markets
These Housing Markets Are Seeing Higher Than Average Price Increases
The majority of metros where housing costs increased fastest are in the Northeast
Housing Markets
10 Housing Markets With the Highest Rate of Investor Homeownership
Cities with the highest share of investor homeownership are also the places seeing a slowdown in the market due to high costs
Housing Markets
10 Best Housing Markets for Sellers
Cities topping the list are in high demand due to affordability