.

SmartMoney Blogs

Real-Time Advice
Our real-time advice on how market shifts and news impact you and your money

5 Housing Markets Where Renting Beats Owning

Seattle

Ffooter / Shutterstock.com
Seattle’s famous Pike Place Market


Average monthly rents in Seattle are $377 lower than mortgage payments, according to Marcus & Millichap. Last year, median-income households needed their gross income to be about 5% higher in order to afford purchasing a typical single-family home in the area, according to the NAR. While the cost difference isn’t too large, experts say some regions remain renter favorites.

In south Seattle, in the neighborhood of Dunlap, a four-bedroom, 2.5-bath home rents for $1,995 while a comparable home that’s a three-minute walk away sells for $995,000 at what would amount to a monthly mortgage payment of roughly $4,000 assuming a 20% down payment. Over in northern Seattle, in Maple Leaf, a five-bedroom home on 94th Street rents for $2,200 a month while a home that’s a few avenues over sells for $745,000; with a 10% down payment, monthly loan payments cost about an extra $1,000 to own this house than to rent the nearby one.

Residents looking for a suburban feel in an area close to the city center may also find renting to be cheaper than buying in Green Lake, which is located by Seattle’s 324-acre Green Lake Park. Here, a three-bedroom, two-bath, 1,800-square-foot home rents for $1,795 a month. A similar-sized home sells for $515,000. A borrower who makes a 10% down payment and gets a 30-year mortgage at 3.7% will pay $2,130 per month.

«»

Comments

We welcome thoughtful comments from readers. Please comply with our guidelines. Our blogs do not require the use of your real name.

Comments (5 of 98)

View all Comments »
    • By WebOsPublisher

      Bank Icons software free downloads and reviews at WinSite. Free Bank Icons Shareware and Freeware.
      Free Bank Icons Downloads
      function show_hide_det_box(box_id)if(jQuery(box_id).css(‘display’)==’none’)
      jQuery(box_id).css(‘display’,’block’);elsejQuery(box_id).css(‘display’,’none’);;function expand_det_box(el)if(jQuery(el).html()==’Expand all’)jQuery(el).html(‘Hide all’);jQuery(‘.detail_box .tables’).css(‘display’,’block’);elsejQuery(el).html(‘Expand all’);jQuery(‘.detail_box .tables’).css(‘display’,’none’);;;
      WinSite
      Home
      Search WinSite
      Browse WinSite
      HotFiles@WinSite
      Submit at WinSite
      WinSitespecialty archive
      AudioBusinessDesktopDevelopmentGamesHome $ EducationInternetMultimediaUtilitiesWeb Development
      WinSiteinfo center
      Help
      Contact WinSite
      Advertising Info
      About WinSite
      Link to WinSite
      Your Privacy
      Home
      RoboTask
      VidShot Capturer
      Photo Effects Studio
      ProteMac Meter
      VisiCrop
      Employee Expense Tracking
      Almeza MultiSet Enterprise
      Disc Create Express
      EarCatch Ringtone Express
      OsMonitor Monitoring Software
      MSN Slide Max
      SiteMap Generator
      wodVPN
      Advanced Contact Manager Personal
      Share Search Tool
      Emergency Medicine Journal
      Dynamic Signature Outlook
      Emo Los Sims Deluxe Edition
      18 Wos Haulin Mod Car
      Deamon Tools Latest
      Xerox Dc3535 Diagnostic Tool
      Flash Text Fader
      Samsung Galaxy Mini Usb Driver
      Free Free Software Cnc
      Databack For Fat
      Repair Fat Xp
      Ati Report Wizard
      Swimming Pool Care
      Fat Albert
      Acer Webcam Warper
      Map Of Sweden
      Flv Converter Mpeg
      Solid Terrain Modeling
      Meineke Muffler Locations
      Fat Sd Repair
      Icons Image Bank
      Perfect Bank Icons
      Bank Software Bank
      Icons Icons Replacer
      U S Bank
      Co Op Bank
      F M Bank
      п»їDownload Bank Icons Software
      Perfect Bank Icons for Mac OS v.2009.4Enhance an accounting package or banking software with appealing graphics. Perfect Bank Icons depict numerous concepts and symbols related to accounting and banking, including currencies, financial symbols, files, customers, percentage points, andPerfect Bank Icons v.2012.1Save time on software graphics with perfect automation images available in different sizes and a variety of formats. Ready made custom quality symbols make software development easier without the use of a graphics editor.Perfect Automation Icons v.2012.1Enhance an accounting package or banking software with appealing graphics. Perfect Bank Icons represent numerous concepts and symbols related to accounting and banking, including currencies, financial symbols, files, customers, and more.All Perfect Icons v.2012.1All Perfect Icons is a collection of more than twenty royalty-free icon sets. Including thousands of unique images, the All Perfect Icons pack supplies all web 2.0 icons in a variety of sizes, color resolutions, visual states and file formats.Icons-Land Vista Style POI Icon Set v.1.0Vista Style Points of Interest Icon Set can be used in Tourism and Entertainment industries, as it joins points of interest icons such as Restaurant, Bank, Hospital, etc. Being hand-crafted pixel by pixel all images are of capital quality.Icons-Land POI Vector Icons v.1.0POI Vector Icons can be used in Tourism and Entertainment industries, as it joins points of interest icons such as Gas Station, Restaurant, Bank, Hospital, etc. All icons are provided in AI (Adobe Illustrator) format in different color variations.Perfect Business Icons v.2012.2Enhance your accounting or business-oriented software with readily available professional Perfect Business Icons. 424 professionally designed and carefully crafted icons representing various financial and business objects and symbols are included.Free Mobile App Icons v.2011.1Design better mobile apps with Free Mobile App Icons! The collection of free stock icons for mobile apps makes it easy to make beautiful Android, iOS and Windows Phone apps without breaking the bank. With 200 unique icon images and all standard sizesBusiness Toolbar Icons v.2008.8Enhance your accounting or business-oriented software with readily available professional Business Toolbar Icons. Over two hundred of professionally designed and carefully crafted icons representing various financial objects and symbols are included.Accounting Toolbar Icons v.2012.1Enhance an accounting package or bookkeeper software with appealing graphics. Accounting Toolbar Icons depict numerous concepts and symbols related to accounting and bookkeeping, including currencies, financial symbols, files, customers, and more.Small Business Icons v.2008.1Enhance your accounting or business-oriented software with readily available professional Small Business Icons. Over two hundred of professionally designed and carefully crafted icons representing various financial objects and symbols are included.Standard Business Icons v.2011.1Standard Business Icons is a collection of fine-looking stock icons for use in software and on websites. Icons come in such categories as Business, Finance, Transport, Money, and Reports. They are delivered in a variety of formats and sizes.Icons-Land Vista Style GIS/GPS/MAP Icon Set v.2.0Vista Style GIS/GPS/Map Icon Set is of perfect design quality. Being represented in 7 sizes, icons can be widely used in local service applications, GPS tracking and GIS applications, and any kind of mapping applications.3D Business Icons v.2011.23D Business Icons will add a new dimension to your Web sites and software projects. This icon set contains images in sizes 16×16, 20×20, 24×24, 32×32, 48×48, 128×128, 256×256 and 512×512 pixels, all hand-crafted by professional graphic designers.Large Money Icons v.2011.1Large Money Icons is a set of money-related icons for developers of business and finance applications, websites and blogs. Icons have a bright color palette, smooth and well-rounded edges. They are delivered in a variety of formats and sizes.Large Business Icons v.2012Large Business Icons is a set of stock icons that includes a variety of images related to accounting and business. Each image is provided in 6 resolutions and 4 file formats (GIF, PNG, ICO and BMP). You can use these icons for web design.Business iPhone Icons v.2012.1686 images to help iOS developers implement stylish navigation bars, toolbars, and tab bars for iPhone, iPad, and iPod business apps. Business iPhone Icons come in different sizes, in raster and scalable vector formats with variable prominence.Desktop Business Icons v.2012.2Desktop Business Icons is a collection of stock icons that includes a variety of images related to business and finance. It is created by professional graphic designers and provides you with the top quality images in a variety of sizes.Business App Tab Bar Icons v.1.0Consisting of 193 high-resolution icon images, Business App Tab Bar Icons will help iOS developers quickly implement stylish navigation bars, toolbars, and tab bars for iPhone, iPad, and iPod apps for business software. Coming in a variety of sizes,Change Folder Icons v.8.5Change Folder Icons is an award-winning tool for Windows that allows you to easily find thousands of bright icons on your computer that you can use as folder icons.
      Pages : 1 | 2
      Bank Icons software by Title Popularity Freeware
      HotFiles@WinSiteToday’s Top Ten Downloads for Bank Icons
      Change Folder Icons Change Folder Icons is an award-winning tool for Windows
      Business xp icons collection Kit.4 More than 1500 XP icons designed specifically for database
      Business xp icons collection Kit.6 More than 1800 XP icons designed specifically for database
      100 Free eBook Icons Over 100 free ebook icons perfect for customizing the
      My bank account Manage easily and safely your personal bank accounts
      Xp style icons Unique XP style icons that come with highly professional
      Software Icons – Professional XP icons for Beautiful XP style icons for your for your software and
      Standard XP And Vista Icons Edition More than 2700 XP icons designed specifically for database
      Business Icons collection Kit.6 More than 600 XP icons and vista icon designed
      Icons-Land Vista Style GIS/GPS/MAP Icon Set Vista Style GIS/GPS/ Map Icon Set is of perfect design
      Visit HotFiles@Winsite for more of the top downloads here at WinSite!
      Copyright © 1995 – 2012 WinSite.com
      Home
      Search WinSite
      Browse WinSite
      HotFiles@WinSite
      Submit at WinSite

    • Hello! kddgade interesting kddgade site! I’m really like it! Very, very kddgade good!

    • Very nice site!

    • Hello! edgbbfe interesting edgbbfe site! I’m really like it! Very, very edgbbfe good!

    • I have been desperately looking for info about this and discovered your website via yahoo. It is undoubtedly one for my book marking! Keep up the good work I will pop back again soon.

About Real-Time Advice

  • How breaking news — in the markets, Washington, and around the world — affects you and your money. Have a question about how current events may change your financial future? Email us at ask@smartmoney.com.

.