30 Mar The Cost of Renting vs. Buying Today [INFOGRAPHIC]
Posted at 05:00h
in Buying Myths, First Time Home Buyers, For Buyers, Infographics, Rent vs. Buy
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![The Cost of Renting vs. Buying Today [INFOGRAPHIC] | Simplifying The Market](https://www.findahomemn.com/wp-content/uploads/2018/03/Rent-vs.-Buy-STM.jpg)
Some Highlights:
- Historically, the choice between renting or buying a home has been a tough decision.
- Looking at the percentage of income needed to rent a median-priced home today (28.9%) vs. the percentage needed to buy a median-priced home (15.7%), the choice becomes obvious.
- Every market is different. Before you renew your lease again, find out if you can put your housing costs to work by buying this year!
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