Best Value Cities: Lowest Rent-to-Income Ratio

Rent-to-income ratio measures what percentage of household income goes to rent. Financial advisors generally recommend keeping this below 30%. These 50 cities offer the best balance between earnings and housing costs, leaving more room in the budget for savings, investments, and everyday expenses.

# City Rent-to-Income Median Rent Median Income Population
1 Milton, MA 10.1% $1,503 $178,053 28,481
2 New Lenox, IL 11.2% $1,244 $133,071 27,456
3 Leawood, KS 11.4% $1,753 $184,976 33,844
4 Severna Park, MD 11.5% $1,617 $168,091 39,499
5 Upper Arlington, OH 11.8% $1,480 $150,993 36,319
6 Glen Ellyn, IL 11.9% $1,326 $133,346 28,270
7 Wildwood, MO 12% $1,575 $157,750 35,168
8 Gillette, WY 12.2% $922 $90,699 33,278
9 Dublin, OH 12.3% $1,596 $155,282 49,031
10 Zionsville, IN 12.3% $1,635 $159,126 31,442
11 Wilmette, IL 12.3% $1,968 $192,300 27,550
12 Urbandale, IA 12.5% $1,176 $113,086 46,026
13 Westfield, NJ 12.5% $2,211 $212,700 30,760
14 Madison, AL 12.6% $1,375 $131,436 58,335
15 Oakville, MO 12.6% $1,083 $103,125 35,166
16 Batavia, IL 12.6% $1,255 $119,167 26,730
17 Reading, MA 12.6% $1,722 $163,725 25,448
18 Prairieville, LA 12.7% $1,225 $115,610 35,010
19 Fulshear, TX 12.7% $1,889 $178,398 26,986
20 Ridgewood, NJ 12.9% $2,340 $217,250 26,076
21 Potomac, MD 13.1% $2,616 $239,205 46,230
22 Park Ridge, IL 13.1% $1,511 $138,059 39,241
23 Kaysville, UT 13.2% $1,423 $128,996 32,861
24 Kirkwood, MO 13.2% $1,293 $117,439 29,302
25 Wethersfield, CT 13.2% $1,303 $118,523 27,180
26 West Fargo, ND 13.3% $1,075 $96,877 39,325
27 Muskego, WI 13.3% $1,292 $116,361 25,156
28 Bettendorf, IA 13.4% $1,148 $102,917 39,297
29 Marion, IA 13.5% $978 $87,105 41,690
30 Vestavia Hills, AL 13.5% $1,455 $129,171 38,704
31 Eldersburg, MD 13.5% $1,655 $146,598 30,626
32 Fort Mill, SC 13.5% $1,437 $127,537 28,281
33 Wentzville, MO 13.6% $1,264 $111,409 45,734
34 North Ridgeville, OH 13.6% $1,067 $94,234 36,043
35 Needham, MA 13.6% $2,412 $212,241 32,059
36 Bentonville, AR 13.7% $1,238 $108,465 56,326
37 Jefferson City, MO 13.7% $766 $67,205 42,565
38 Ballwin, MO 13.7% $1,386 $121,170 30,835
39 Wellesley, MA 13.7% $2,849 $250,001 29,906
40 Avon, OH 13.7% $1,446 $126,618 25,082
41 Keller, TX 13.8% $1,985 $172,654 45,598
42 Prosper, TX 13.8% $2,152 $187,603 34,567
43 Perrysburg, OH 13.8% $1,213 $105,226 25,065
44 Shawnee, KS 13.9% $1,233 $106,312 68,175
45 Mount Pleasant, WI 13.9% $1,045 $90,189 27,694
46 Olathe, KS 14% $1,314 $112,232 143,720
47 Fishers, IN 14% $1,491 $128,141 100,918
48 Chesterfield, MO 14% $1,553 $133,380 49,591
49 Evans, GA 14% $1,483 $126,767 37,718
50 Catalina Foothills, AZ 14.1% $1,332 $113,201 51,756

Key Takeaways

  • Milton, MA ranks #1 with a rent-to-income ratio of 10.1%.
  • The top 5 cities are: Milton, MA; New Lenox, IL; Leawood, KS; Severna Park, MD; Upper Arlington, OH.
  • The gap between #1 (10.1%) and #50 (14.1%) shows significant variation even within the top 50.
  • Median household income in the top-ranked city is $178,053, with a population of 28,481.

Methodology

Rankings based on US Census Bureau American Community Survey 5-Year Estimates. All cities with valid data and populations above 25,000 are included. Rent-to-income ratio is calculated as (median gross rent x 12) / median household income. Data reflects the most recent available estimates.

Read our full methodologyVerify at data.census.gov