Omaha makes Top 10 list of affordable big cities for renters - Omaha.com
Published Tuesday, September 17, 2013 at 1:00 am / Updated at 4:43 pm
Money Talks
Omaha makes Top 10 list of affordable big cities for renters


In the Money Talks blog, The World-Herald shares the latest in Nebraska business and development, with behind-the-scenes notes from our Money team. Read more and join the conversation.

Omaha has made a Top 10 list that ranks big cities that are affordable for renters.

The metro area's No. 9 spot – out of 75 of the country's largest metro areas – is based on living expenses relative to the typical earnings of renters.

Washington D.C.-based Kiplinger, a publisher of business forecasts and personal finance advice, put out the list. The online magazine said that many would-be homeowners lack the funds for a down payment on a house, or simply prefer the flexibility and mobility that renting provides.

Kiplinger folks point out that renters outnumber homeowners in six of the 10 most populous cities in the country, but that not all markets are created equal.

Ranked in the top three positions are Raleigh, N.C., Las Vegas and Dallas.

About Omaha, Kiplinger said: The metro area has the third-lowest average rent on its list ($674 per month) and the second-lowest cost of living. The area's revitalization effort has brought more arts and entertainment to the city and unemployment is low.

Contact the writer: Cindy Gonzalez

cindy.gonzalez@owh.com    |   402-444-1224    |  

Cindy covers residential and commercial real estate, economic development, tourism and hotels, and immigration issues related to businesses.

Cab ride to airport (or anywhere in Omaha) could soon cost more
Vets can compete for start-up cash
Coming to Omaha: fun-focused sports league where every kids gets a trophy, parents promise to keep cool
Beals: Boy offers lessons of service, simplicity
Recalled frozen pasta product has tie to Omaha
Business digest: Lululemon shareholder suit dismissed
Suit challenges a Hollywood pillar: unpaid internships
Nonparents’ resentment grows over impact of companies’ family-friendly focus
Jeff Raikes’ next goal: making philanthropy effective
Restaurants invite customers to dine with their dogs
March unemployment rates up slightly in Nebraska, Iowa
Iowa officials announce plan for Microsoft data center
Lincoln pharmaceutical company wins funding, grant
Fortress Wealth joins Securities America network
USDA orders farms to report pig virus infections
Airbnb event seeks Omaha-area hosts for Berkshire weekend, CWS
Developer wants to transform old Millard Lumber site with housing, commercial buildings
Dip in Nebraska economic index doesn’t reflect outlook
Post Holdings buys Michael Foods
Business digest: Target expands subscription service, adds discount
Rural Mainstreet Index finds slow growth
Earnings roundup: Chipotle says it won’t scare off customers with higher prices
BNSF to add trains to handle fertilizer
Walmart touts lower money transfer fees
In brief: Judge doesn’t make GM take cars off road
Deadline Deal thumbnail
The Jaipur in Rockbrook Village
Half Off Fine Indian Cuisine & Drinks! $15 for Dinner, or $7 for Lunch
Buy Now
< >
SPOTLIGHT »
Inside Business
To submit an announcement for "Inside Business", click here. For questions call (402) 444-1371 or e-mail announcements@owh.com.
WORLD-HERALD ALERTS »
Want to get World-Herald stories sent directly to your home or work computer? Sign up for Omaha.com's News Alerts and you will receive e-mails with the day's top stories.
Can't find what you need? Click here for site map »