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It typically costs less to own a home than to rent one in most cities. So if homeownership is out of reach for you — or just doesn’t appeal to you — you can still find affordable options.

However, the potential financial benefits of renting are greatly diminished if you’re overpaying for rent. That’s why it’s important to compare the average U.S. rent to rent prices in your area. Fortunately, GOBankingRates did the research for you.