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Price-to-rent ratio: 20
Avg. cost to rent 2br: $1,045
Avg. cost to buy 2br: $246,894
Why: You may expect Cleveland to be a buyer’s market, as the price of homes plummeted, but according to Trulia, renting is a better bet. The local economy remains sluggish, and investment firm Marcus & Millichap expects vacancies to rise this year.
In photo: Rent: $525; Beds: 2; Baths: 1; Size: 700 sq. ft.