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Bismarck named best place to live in America

Bismarck named best place to live in America
Bismarck named best place to live in America

Maintaining a home can be difficult and costly, which is why it has become more common for people to rent exclusively.

WalletHub has released its report on the “best and worst places to rent” in 2024. Where is Bismarck? …Let’s find out.

This is how the cities were classified

The source examined 180 cities across the United States and considered several key indicators to determine which places are the most attractive as rental properties and offer the best quality of life.

They looked at things like rent prices, mortgage payments, and rent affordability. They also looked at the cost of living and job availability.

Bismarck’s ranking

We’ve all had good, bad and unpleasant experiences with renting. Have you ever wondered where Bismarck stands in terms of overall renter satisfaction/experience?

You may be surprised to learn that Bismarck, North Dakota, ranks first in the entire United States for the highest rent affordability, with the lowest median annual gross rent and the lowest median annual household income. In addition, rent in Bismarck was 2.3 times lower than some of the poorest areas in the country.

The source found that Bismarck is one of the best places to rent in 2024 because people there only spend about 15% of their annual income on rent, which is the lowest cost in the country.

The source also claims that Bismarck has the lowest renters insurance premiums and a landlord can only ask for one month’s rent as a security deposit.

Looking to rent a home in Bismarck? The source found that Bismarck offers a very large average living space and offers renters more newly built homes to choose from than most other cities.

Thoughts?

Do you agree? I know I’ve had some *interesting* experiences with renting over the years. What do you think? Does this sound right to you? Send us a message in the app to let us know your thoughts!


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