In some US cities, it's cheaper to own a home than to rent a place.
Rents across the country keep going up. According to Zumper, in September 2019, the median national rent for a 1-bedroom was $1,250.
A recent study by GoBankingRates, a personal finance platform, found that in 31 cities, residents can save hundreds of dollars a month by paying a mortgage instead of paying rent.
Image: In September 2019, the median national rent for a 1-bedroom was $1,250 — which in some places is significantly more than the average monthly mortgage payment. Associated Press
