Scottsdale, Arizona is the No. 1 city for renters based on quality of life—see the full list
WalletHub ranked the best places to rent in America based on 21 key measures of rental attractiveness and quality of life.
Hollif
Whether you're buying a home or renting, one major factor to consider in your search for the right state, city or neighborhood you move to is the quality of life you will have when you get there.
WalletHub compared key quality-of-life measures in more than 180 rental markets across the United States. To rank the best states for renters based on quality of life, the report considered the following factors:
City satisfaction indexJob marketDriver-friendlinessRecreation-friendlinessWeatherQuality of the public school systemSafetyPresence of state bedbug lawsThe No. 1 best city for renters based on quality of life: Scottsdale, Arizona
Scottsdale, Arizona, topped the list of the best places for renters based on quality of life.
The median rent in the city is $2,995, according to Zillow, which is $895 more than the national average of $2,100
Scottsdale, Arizona, is in the beautiful Sonoran Desert at the foot of the scenic McDowell Mountains. The city's slogan is "The West's Most Western Town" because it is home to more than 100 annual horse events and has held the title for over 60 years.
Over the past two decades, it has been one of the fastest-growing cities in the U.S. and according to Henley and Partner's 2023 wealth report, it is also one of the fastest-growing cities for millionaires.
From 2012 to 2022, Scottsdale saw an 88% millionaire growth rate and is home to 13,900 millionaires, 60 centi-millionaires, and five billionaires.
Scottsdale, Arizona ranked as the best city to rent a home based on quality of life.
Matt Mawson | Moment | Getty Images
Top 10 best cities for renters based on quality of life
Irvine, California, came in second on the list. The median rent in Irvine is $4,250, 102% higher than the national average.
The California city is home to many big players in the tech industry, like Blizzard Entertainment. Some of the biggest employers in Irvine are Pepperdine University and the University of California, Irvine.
Pembroke Pines, Florida ranked as the third best city to rent in the U.S. based on quality of life.
Felixmizioznikov | Istock | Getty Images
Pembroke Pines, Florida rounds out the top three. It is located just over 20 miles North of Miami and is considered a suburb of Fort Lauderdale, according to Niche.
Pembroke Pines has an average rent of $2,853, 36% higher than the national median. The Florida city is making a name for itself as a place that offers big-town conveniences with a tight-knit community feel.
DON'T MISS: Want to be smarter and more successful with your money, work & life? Sign up for our new newsletter!
Get CNBC's free Warren Buffett Guide to Investing, which distills the billionaire's No. 1 best piece of advice for regular investors, do's and don'ts, and three key investing principles into a clear and simple guidebook.
