How many years it will take before owning a home becomes more financially advantageous than renting the same home.
Metro | Break-even horizon |
Miami-Fort Lauderdale | 1.6 years |
Tampa, Fla. | 1.6 years |
Las Vegas | 1.7 years |
Orlando, Fla. | 1.7 years |
Phoenix | 1.7 years |
Detroit | 1.7 years |
Riverside, Calif. | 2.0 years |
Dallas-Fort Worth | 2.1 years |
Cincinnati | 2.1 years |
Pittsburgh, Pa. | 2.1 years |
Columbus, Ohio | 2.4 years |
Cleveland | 2.4 years |
Source: Zillow
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