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Kiplinger
Kiplinger
Business
Sandra Block

The Eight Best Places to Retire for Renters

A senior African-American couple sitting side by side on their porch or balcony, relaxing, and holding hands, conversing and laughing together.

Take a look at these eight best places to retire for renters if you hope to save money on retirement housing costs. Retirees’ top criteria typically include access to good hospitals, proximity to family, and the overall cost of living, including taxes and the cost of buying a home.

But these days, with the state of the housing market, you may want to remove that last item from your checklist. For Q2 2025, the median price for a single-family home was $410,800, per the Federal Reserve Bank of St. Louis. That's a 3% decrease from Q1 2025, but a 1% decrease from Q2 2024 ($414,500).

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