Most renters can now buy a home without increasing their monthly costs

Rents are now so high in some parts of the U.S. that it’s now possible to buy a home without increasing your monthly costs, according to Zillow. The online listings portal says renters can now purchase a home nearly 50 percent more expensive than the median valued home, and keep the same monthly housing budget.

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Zillow analysis sheds light on “growing divide” in rental markets

The median rent for the least expensive multifamily rental homes is rising faster than median rents overall, and only a small portion of all new apartments is at the low end, according to the latest Zillow analysis.

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