U.S. and Global Cities Top Rental Market Rankings

Recent analyses highlight that cities like Gilbert, Scottsdale (Arizona), and Austin, Conroe, and McKinney (Texas) are among the top U.S. cities for renters, based on factors such as rental quality, local economy, and quality of life. Scottsdale and Gilbert rank high nationally despite expensive rents due to strong median income growth and luxury rental supply. Texas cities dominate the list, with McKinney at number one and Conroe outperforming Houston in rental market metrics. Austin stands out as a city where renting is significantly more affordable than buying, driven by multifamily construction and steady rental inventory. Gen Z homeownership is increasing in smaller, affordable cities, but renting remains more viable for many due to high home prices and slow wage growth. Internationally, cities like Bari, Cape Town, Cebu, and Istanbul are recognized as affordable and attractive destinations for remote workers.