NewsLocal News

Actions

San Diego among least affordable U.S. cities for renters

Protesters as Bio 2001 Conference Begins
Posted at 1:08 PM, Jul 24, 2019
and last updated 2019-07-24 19:28:25-04

SAN DIEGO (KGTV) -- San Diego is one of the least affordable cities for renters, according to a new report by WalletHub.

The new report looked at 182 cities around the United States and ranked them based on rental affordability and quality of life.

According to the report, San Diego is the 177th least affordable place to rent out of the 182 cities.

Only five cities in the U.S., most of them in California, are less affordable than San Diego. Those cities are Santa Ana, Santa Rosa, Bridgeport, Connecticut, Oceanside, California and Hialeah, Florida.

However, when it comes to quality of life, San Diego placed 2nd, only topped by Scottsdale, Arizona.

Overall, America’s Finest City placed 44th on the list.

Although San Diego is expensive, it may be more affordable to buy a home than rent is some areas. A new report found that it is actually more affordable to buy than it is to rent in Chula Vista.

A new program also vows to help teachers buy homes.