US's Best and Worst Cities for Renters Revealed

According to WalletHub's latest study, the best and worst cities for renters in the U.S. have been ranked. Cities in Arizona stood out, securing top spots on the list due to their quality of life and market conditions.

Borsaya Newsroom
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Business Insider
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August 5, 2026 at 06:55 PM
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3 min read
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US's Best and Worst Cities for Renters Revealed

The 2026 report released by personal finance website WalletHub sheds light on the dynamics of rental housing markets across the United States. The study evaluated 182 U.S. cities based on 21 key indicators to identify the most and least attractive places for renters. Notably, cities within the Sun Belt region emerged as prominent locations, excelling in both quality of life and favorable rental conditions.

WalletHub's analysis categorized cities under two main pillars: 'Rental Market & Affordability' and 'Quality of Life.' Evaluation criteria included rental affordability, vacancy rates, availability of newer homes, cost of living, job market, safety, and recreational opportunities. This comprehensive assessment led to Scottsdale, Gilbert, and Chandler in Arizona claiming the top three positions as the best destinations for renters.

Scottsdale, Arizona, ranked first in the study, particularly distinguished itself through high quality-of-life factors. The city secured the top spot for job availability and driving environment quality, while also ranking highly for weather and recreational options. Although Scottsdale is not among the cheapest rental markets, WalletHub indicated that residents typically spend less than 22% of their annual income on rent, placing the city 57th in rental affordability, suggesting relatively manageable housing costs. Gilbert, ranked second, combined relatively affordable rents with spacious housing and family-friendly amenities, while Chandler, ranked third, saw renters spending approximately 21% of their annual income on housing.

Conversely, cities at the lower end of the report presented more challenging conditions for renters. Shreveport, Louisiana; Huntington, West Virginia; Augusta, Georgia; New Orleans; Newark, New Jersey; Akron, Ohio; Memphis, Tennessee; Jackson, Mississippi; Cleveland; and Detroit occupied the bottom ranks of the list. These cities generally face issues such as high rent increases, limited rental housing supply, and lower quality of life.

This report underscores that renting remains a reality for millions of Americans. High home prices, insufficient down payments, and elevated interest rates continue to deter many from achieving homeownership. WalletHub analyst Chip Lupo noted that in the best cities, rent can be as low as 15% of income, with robust laws protecting renters. He emphasized that such studies aim not only to provide affordable housing but also to offer a good living experience by considering quality-of-life factors like traffic congestion, job market, and recreation options.

**SEO Tags:** renter cities, rental housing market, US real estate, quality of life, WalletHub report
**Category:** economy

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US's Best and Worst Cities for Renters Revealed | Borsaya.com