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Saturday
Jul312010

What are the Most Tenant Friendly Cities in the U.S.?

SoftwareAdvice.com and their Rental Property Software partners recently evaluated the 50 most populous cities in the United States to rank them according to "tenant friendliness."

They used the following criteria and awarded each city a point based on the desirable result from a tenant perspective.

  • Cost per square foot for a 2 bedroom apartment
  • Change in rent price from 2009 to 2010
  • Residential vacancy rate
  • Rental cost as a percentage of median income
  • Tenant councils
  • Tenant-friendly foreclosure laws
  • Rent control laws

It was interesting to see the results.  You can see The Top 10 Cities For Renters in 2010 or view a list of all 50 Cities

Let's Talk.  What do you think of the criteria above?  What additional criteria would you suggest?  What does this mean for landlords?  Is a tenant-friendly city predisposed to be unfriendly to landlords?

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Reader Comments (1)

some of the ranking are a little surprising, and it is odd to see so many places with lack of rent control placed so highly. But the rate per sq ft, tenant councils, and foreclosure protections really do add up on the long haul.

August 25, 2010 | Unregistered Commenter4WallsRentals

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