Raleigh Tops ApartmentAdvisor's Annual Renters' Report

ApartmentAdvisor has released its annual report identifying the best cities for renters in the United States, with Raleigh, North Carolina, emerging as the most renter-friendly city. The report evaluates cities based on a desirability score, which considers factors such as public transit and entertainment options, alongside an economic score derived from the median income-to-median rent ratio, rental property price trends, and unemployment rates. In Raleigh, the median monthly rent for a one-bedroom apartment stands at $1,263, reflecting the city's growing appeal. Raleigh's ranking is bolstered by its significant number of new housing permits, ranking second among the 98 cities analyzed. The U.S. Census Bureau recognizes Raleigh as one of the fastest-growing cities in the nation, making it a prime location for renters seeking both affordability and amenities. As the second-most populous city in North Carolina, Raleigh's growth trajectory continues to attract new residents. Following Raleigh, Huntsville, Alabama, secured the second spot on the list of renter-friendly cities. Huntsville achieved a renter-friendliness score of 64.86, with a notably low median rent of $863 for a one-bedroom apartment. The city's economic score of 89.9 and desirability score of 22.6 highlight its favorable rental market, driven by a high volume of new residential construction and low vacancy rates. Huntsville is also home to the U.S. Space & Rocket Center, further enhancing its appeal to potential renters. The report underscores the importance of economic factors and housing availability in determining the best cities for renters across the country.