Colorado City Named One Of The Worst Places To Rent A Home

By Zuri Anderson

July 14, 2023

Worried man checking bills at home
Photo: Getty Images

Americans often turn to renting apartments or houses when they can't own a home yet. This can be a cheaper or more expensive alternative to homeownership depending on where they live. That's why WalletHub compiled a list of the best and worst places to rent a home in America. Analysts explained how they determined their rankings:

"To determine where renters can get the most bang for their buck, WalletHub compared more than 180 rental markets based on 21 key measures of rental attractiveness and quality of life. Our data set ranges from the difference between rental rates and mortgage payments to historical price changes, the cost of living and job availability."

A Colorado city ranked among the worst places to rent a home: Aurora. This destination ranked No. 158 out of 182. The highest-ranking Colorado city is Denver at No. 84, placing it around the middle of the line-up.

Here are the Top 10 best places for renters in America, according to WalletHub:

  1. Overland Park, Kansas
  2. Scottsdale, Arizona
  3. Bismarck, North Dakota
  4. Sioux Falls, South Dakota
  5. Chandler, Arizona
  6. Fargo, North Dakota
  7. Plano, Texas
  8. Lincoln, Nebraska
  9. Irvine, California
  10. Nashua, New Hampshire

Check out the full report on WalletHub's website.

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