Bay Area rents continue to soar from pandemic discounts, but it still makes more sense to rent than to buy in the region, according to a new report.

In the month of January, the Bay Area had among the top five highest median rents for studio to 2-bedroom units in the country, according to The median rent in the San Jose-Sunnyvale-Santa Clara region was $3,062 and in the San Francisco-Oakland-Hayward region, it was $2,975.

But you would still be saving money by renting than if you bought a starter home of a comparable size.

In the South Bay you would be saving an average of $1,479 and in San Francisco and East Bay the difference is $1,461. This is thanks to equally robust home sales prices.

Other cities that topped the pro-rent market, not surprisingly, were tech hubs. Here’s the top 10 below:

Top 10 Markets that Favor Renting Over Buying

                                                                         Median rent                 Monthly buy cost1 Austin-Round Rock, TX                                      $1,769                         $3,1152 New York-Newark-Jersey City, NY-NJ-PA          $2,700                         $4,1153 San Francisco-Oakland-Hayward, CA               $2,975                         $4,4364 San Jose-Sunnyvale-Santa Clara, CA                $3,062                          $4,5415 Seattle-Tacoma-Bellevue, WA                            $2,086                          $2,9086 Boston-Cambridge-Newton, MA-NH                 $2,795                         $3,8437 Denver-Aurora-Lakewood, CO                         $1,895                          $2,5408 Rochester, NY                                                    $1,264                           $1,6249 Portland-Vancouver-Hillsboro, OR-WA            $1,733                           $2,17610 Los Angeles-Long Beach-Anaheim, CA        $2,982                           $3,742