5 Great Towns Where Buying Is Cheaper Than Renting

Santa Ana, California

No, California is not exactly a buyer’s market when it comes to real estate. Still, the real estate business mantra is “location, location, location.” In Santa Ana, the average mortgage payment is $2,484 against a rent price of $2,731. You’ll save $247 monthly paying mortgage. A home in Santa Ana is worth about $574,000.